(MTCI) Correcting and replacing BW1296, (MGMT-TECH DESICO), issued 1 18 95.NEW YORK--(BUSINESS WIRE)--Jan. 20, 1995--Management Technologies Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :MTCI MTCI Microsoft Trustworthy Computing Initiative MTCI Motion Triggered Contact Insufficiency ) has announced it has formally executed the contract to purchase Desisco, the trading systems The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. division of Digital Equipment Corp. Desisco, now renamed MTI MTI Ministry of Trade and Industry (Singapore) MTI Metal Treating Institute MTI Moving Target Indicator (radar) MTI Magyar Távirati Iroda (news agency in Budapest, Hungary) Trading Systems, is expected to add over US$15 million, resulting in an estimated group annual total revenue in excess of US$40 million. Furthermore, the MTI Board of Directors, today also approved, subject to shareholder ratification, a reverse split of shares on a 1 to 11 basis. Formal ratification of this motion is expected at the Shareholders Annual Meeting which is scheduled to take place in March. Anthony J. Cataldo, MTI's Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , commented, "Following the acquisition of Winter Partners and with the anticipated revenues from the newly acquired MTI Trading Systems operation, the company is on track with its strategy of growth through acquisition and sales. The capital restructuring allows us to move forward into the institutional marketplace." Management Technologies Inc. (MTI) specializes in the development, installation and support of international banking software and integrated trading room The notion of "trading room" (sometimes used as a synonym of "trading floor", see below) is widely used in financial markets to refer to the office space where market activities are concentrated in investment banks or brokerage houses. solutions. MTI products include the ManTec international banking system running on mainframe systems; IBS-90 on mid-range systems; Abraxsys running on open systems and DECtrade, the realtime financial information distribution platform. MTI was founded in 1980 and now supports over 100 customers worldwide. CONTACT: Management Technologies Inc. Anthony J. Cataldo 212/557-0022, fax 212/557-0309 |
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