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ABC Dispensing Technologies, Inc. Seeks Strategic Alternatives.


Business Editors

AKRON, Ohio--(BUSINESS WIRE)--Oct. 5, 2001

ABC ABC
 in full American Broadcasting Co.

Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928.
 Dispensing Technologies, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:ABCC ABCC Advanced Biomedical Computing Center
ABCC Atomic Bomb Casualty Commission
ABCC Alcoholic Beverages Control Commission (Massachusetts, USA)
ABCC American Board of Clinical Chemistry
ABCC Association of British Chambers of Commerce
) announced today that management has engaged an advisor to explore strategic alternatives, including the sale of the company.

Charles M. Stimac, Jr., 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. , stated, "We have worked hard to perfect our dispensing product line and, with the right capital and distribution muscle, we should be able to achieve full commercial success. We will work diligently with our investment bankers Investment Banker

A person representing a financial institution that is in the business of raising capital for corporations and municipalities.

Notes:
An investment banker may not accept deposits or make commercial loans.
 to identify the right capital transactions to achieve this goal."

ABC Dispensing Technologies, Inc. provides user-friendly solutions to world-wide customers with needs for fast, precise and reliable measurement and control of high-volume dispensing of beverages, other liquids, paints, powders and other granular ingredients.

These forward looking statements are subject to a number of risks and uncertainties, and actual results may differ materially. Please refer to our Securities and Exchange Act reports for more information on the risk factors that could cause actual results to differ.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 5, 2001
Words:161
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