ABC Dispensing Technologies, Inc. announces initial multi-million-dollar order from The Home Depot.AKRON, Ohio--(BUSINESS WIRE)--Feb. 12, 1997--ABC Dispensing 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 :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 it received an initial multi-million-dollar order for its new, fully self-calibrating, universal paint-tint dispensing system, which also represents its first order from The Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services. Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box , Inc., North America's largest home improvement retailer. The multi-million-dollar order is for 300 units of ABC's new automatic tinting tint n. 1. A shade of a color, especially a pale or delicate variation. 2. A gradation of a color made by adding white to it to lessen its saturation. 3. A slight coloration; a tinge. 4. system, tradenamed "Royal Match." Delivery is scheduled to commence early this Spring. This is the initial phase of an anticipated rollout to The Home Depot's entire 500-plus store network in 34 states and three Canadian provinces, with one to three units of the tinting system expected to be installed per store. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Kim Curtin, Merchandiser, The Home Depot Western Division, "By selecting ABC's Royal Match system, we will be able to maximize the productivity of our paint departments, while providing the most accurate color matches possible. The Royal Match system is a `win-win' for both our stores and our customers," Curtin said. "This is the largest order to date in ABC's history," said 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. . "The new relationship with The Home Depot is an important step in the validation of ABC's state-of-the-art technology. The Home Depot is a leader and innovator in do-it-yourself merchandising and customer satisfaction, and we are very proud to now be a supplier to such a high-quality company. Continued acceptance of our technology by the industry provides 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. the opportunity to create a significant revenue stream from a broad base of customers." This relationship reflects the interface of The Home Depot's unique L.A.N. System Point-of-Sale software with ABC's proprietary dispensing software, which makes paint dispensing more accurate and efficient from the standpoint of color not of the white race; - commonly meaning, esp. in the United States, of negro blood, pure or mixed. See also: Color matching, cost-savings, and environmental friendliness -- benefiting both the consumer and retailer. Randy Letsch, ABC's Vice President of Sales & Marketing, added, "The cooperation and dedication of The Home Depot's and our company's engineering, technical, and software associates have set a new standard for state-of-the-art colorant col·or·ant n. Something, especially a dye, pigment, ink, or paint, that colors or modifies the hue of something else. adj. Of or being a subtractive primary color. dispensing. We are currently offering our universal modular system to the entire paint and retailing industries. The flexibility and responsiveness of ABC offer our customers a fresh new alternative and we believe give us a competitive edge in the marketplace." The industry-wide debut of ABC's new automatic tinting system -- "Royal Match" -- will be later this week at the Spring Decor '97 Paint and Decorating Show in Charlotte, North Carolina “Charlotte” redirects here. For other uses, see Charlotte (disambiguation). Charlotte is the largest city in the state of North Carolina and the 20th largest city in the United States. , February 14-16, 1997. ABC's new, patented technology universally accommodates all tint formulations of all paint producers, enabling the system to meet the needs of the paint industry worldwide. The modular, 9- to 18-canister system performs real-time analysis of tint characteristics and adjusts accordingly, which eliminates the need for time-consuming push-curve analysis. The system, thanks to its proprietary computerized software, self-calibrates on an hourly basis -- automatically adjusting for changes in density, viscosity, temperatures and rheology. 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. CONTACT: ABC Dispensing Technologies, Inc., Akron Charles M. Stimac, Jr., 330/733-2841 |
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