A.T. Cross Develops Digital Pen for New ThinkPad TransNote; Pen Computing Group Providing Digital Pens For New ThinkPad TransNote As Part of Its OEM Strategy.Business Editors LINCOLN, R.I.--(BUSINESS WIRE)--Feb. 28, 2001 A.T. Cross Company (AMEX AMEX See: American Stock Exchange : ATX See ATX motherboard. (hardware, standard) ATX - An open PC motherboard specification by Intel. ATX is a development of the Baby AT specification with the motherboard rotated 90 degrees in the chassis. ) today announced it is providing digital pens for the new IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) (R) ThinkPad(R) TransNote(TM) portfolio notebook computer. The ThinkPad(TM) TransNote integrates paper and ink with a mobile computer. Its versatile form factor features a ThinkPad mobile computer with touch-screen and the ThinkScribe digital notepad that captures handwritten hand·write tr.v. hand·wrote , hand·writ·ten , hand·writ·ing, hand·writes To write by hand. [Back-formation from handwritten.] Adj. 1. notes and transfers them to the computer where they can be organized and searched. Cross is manufacturing the pen for IBM's ThinkPad TransNote pursuant to a strategic agreement between Cross and FinePoint Innovations, Inc. (FPI FPI Formal Public Identifier FPI Front Populaire Ivoirien (French: Ivorian Popular Front, Icory Coast) FPI Federal Prison Industries, Inc. FPI Front Pembela Islam (Indonesian: Islamic Defenders Front) ), a leading manufacturer of pen-based computing systems with patents in electronic pen input subsystems. "Cross and IBM have worked closely over the past few years to develop innovative pen computing products," explains Dave Whalen, 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 Cross. "Our OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and strategy to develop and manufacture profitable pen computing products for several companies including IBM reinforces our position as a leader in the pen computing industry." Cross recently introduced the Cross :Convergence(TM) Pen which utilizes mobile scanning technology in a pen form factor to link print media to the Internet. "We are working closely with technology providers to expand the possibilities of what can be done with the ThinkPad TransNote," said Rick McGee, vice president of mobile brand marketing, IBM Personal Computing Division. "They bring to us the critical expertise that will make it the ideal solution for industries where handwritten notes and forms are the way business is done." About FinePoint Innovations FinePoint Innovations, Inc. is the leading manufacturer of high-performance, electromagnetic, pen input subsystems for OEMs. FinePoint acquired the assets of Mutoh Corporation earlier this year, which has supplied mobile pen computing technology since 1991 to a number of companies, including Canon, IBM, Motorola, Matsushita, Fujitsu, and A.T. Cross. About A.T. Cross A.T. Cross Company is a major international manufacturer of fine writing instruments and pen computing products. The company is headquartered in Lincoln, Rhode Island Lincoln is a town in Providence County, Rhode Island, United States. The population was 20,898 at the 2000 census. Lincoln is located in northeastern Rhode Island, and is north of Providence. . For more information, visit www.cross.com. About ThinkPad IBM ThinkPad continues to lead the way in delivering enhancements, innovations and solutions that have shaped and defined the mobile computing industry. To date, more than 10 million ThinkPad notebooks have been shipped. Since the launch of the ThinkPad 700C in 1992, these acclaimed notebook computers have been lauded as design and engineering models, winning more than 650 industry awards. ThinkPad notebooks have been trusted for use in some of the world's most extreme settings, including space shuttle launches and the new International Space Station Alpha, altitudes more than 17,000 feet above sea level and on the open seas. Statements contained in this release that are not historical facts are forward-looking statements made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 (including but not limited to statements related to new products, technologies, and strategic relationships and the expected benefit of such relationships). In addition, words such as "believes," "anticipates," "expects," and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to risks and uncertainties, including but not limited to, risks associated with the introduction of new technologies, new products, and customer and consumer support for such new products. Additional discussion of factors that could cause actual results to differ materially from management's expectations is contained in the Company's filings under the Securities Exchange Act of 1934. |
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