4CDs Corp. Marks Record Month.MILLBURY, Mass.--(BUSINESS WIRE)--Aug. 26, 1997-- -- Electronic Commerce Company Achieves Profitability -- -- July Sales Surpass Previous Year's Total Sales -- OMNI OMNI Omnidirectional OMNI Organising Medical Networked Information OMNI Opportunities for Micronutrient Interventions Project OMNI Operating Missions as a Node on the Internet (NASA networking project) MULTIMEDIA GROUP, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. .(AMEX/PSE: OMG (1) See Object Management Group. (2) "Oh my God!" See digispeak. OMG - Object Management Group ) subsidiary, 4CDs Corporation, today announced sales results for July 1997 which surpassed total sales in fiscal year 1997 for the subsidiary. Furthermore, the subsidiary achieved profitability for the first time during this sales month. 4CDs' achievements are due largely to the early success of its "Try-Before-You Buy" CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). encryption program which provides an alternate distribution channel for software publishes and allows consumers to try full-version software products before purchasing. 4CDs Corporation is also experiencing increased sales from its online shopping site, the 4CDs Multimedia Internet Catalog (www.4cds.com) which offers thousands of software and hardware products. 4CDs Corporation distributes its "Try-Before-You Buy" compact discs on newsstand copies of popular computer magazines such as PC World. Agreements with publishing companies like IDG IDG International Data Group IDG Integrated Drive Generator IDG Installation Design Guide IDG Internet Discussion Group IDG Inset Dielectric Guide IDG International Dangerous Goods (mail, shipping) as well as distribution relationships with major entertainment, hardware/software companies and online server providers, are fueling 4CDs' success in the developing electronic commerce market. Paul Johnson, President 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. of OMNI MULTIMEDIA GROUP, INC., said, "While this good sales month does not constitute a complete turnaround for the company as a whole, we are very pleased with the initial success of 4CDs Corporation in the rapidly changing Internet commerce area. We feel that we have the right mix of strategy, personnel and technology to be a permanent player and a leader in this market." In a related announcement, parent Company OMNI MULTIMEDIA recently reported a record sales month in July, attributed in part to 4CDs Corporation contribution. OMNI MULTIMEDIA GROUP, INC., offers the software market complete turnkey software manufacturing and distribution through its operates two wholly owned subsidiaries, OMNI Resources Corporation and 4CDs Corporation. OMNI Resources Corporation provides CD-ROM mastering and replication with six color screen and offset CD printing as well as disk duplication, four color in-house printing, packaging, assembly and fulfillment. The 4CDs Corporation provides a sale outlet for software developers through the 4CDs Multimedia Internet Catalog (www.4cds.com) and a growing capability in Electronic Channel Services (ECS See eComStation. ) including CD encryption and electronic software distribution. Together, the OMNI Companies offer the software industry vertically integrated software manufacturing, fulfillment and distribution with retail and wholesale capabilities. -0- This release contains forward looking statements that involve risks and uncertainties. In addition to historical information, investors should carefully consider the risks associated with an investment in the Company's securities as previously outlined by the Company in its prior filings with the Securities and Exchange Commission. CONTACT: PAUL F. JOHNSON, PRES PRES President PRES Present (abstention 'vote' or recorded show of presence, US Congress) PRES Pressure (meteorology) PRES Preserve PRES Atmospheric Pressure PRES Prestin . (508) 581-1000 ROBERT E. LEE, EXEC V-P, CFO See Chief Financial Officer. (508) 581-1000 ADRIAN MADONIA, PR (908) 788-9660 |
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