ABC Dispensing Technologies Inc. announces breakthrough technology.AKRON, Ohio--(BUSINESS WIRE)--Aug. 20, 1996--ABC Dispensing dispensing provision of drugs or medicines as set out properly on a lawful prescription. A prescription can only be filled, the drugs supplied, by a registered pharmacist, veterinarian, dentist or member of the medical profession. 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 ) today announced a breakthrough in dispensing technology -- the world's first "fully self-calibrating" tint-dispensing system. The company, which has patents on its proprietary dispensing systems, is applying for additional patent protection on this new technology. The self-calibration technology is incorporated in ABC's forthcoming new modular, 18-canister, universal architectural tint-dispensing system. Charles M. Stimac Jr., newly-appointed 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 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. , said, "This new technology universally accommodates all tint 1. TINT - Interpreted version of JOVIAL. [Sammet 1969, p. 528]. 2. tint - hue formulations of all paint producers, which will allow ABC to serve the paint industry worldwide. "ABC is commencing immediately a marketing program on this new tint-dispensing system, and we anticipate bulk deliveries to mass paint-retailers starting in early 1997. This new technology gives us a tremendous competitive edge and, in turn, we expect it will dramatically accelerate the growth of ABC's revenues and earnings in coming years." The new ABC system performs real-time analysis of tint characteristics and adjusts accordingly, thereby eliminating the need for time consuming push-curve analysis. The system, which features proprietary computerized software, self-calibrates on an hourly basis -- automatically adjusting for changes in density, viscosity, temperature and rheology. Tom Green, vice president of Research & Development at ABC, added, "A fully self-calibrating system will make 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 for the benefit of both retailers and consumers." ABC designs, manufactures and markets proprietary dispensing systems that dispense paints, beverages, and other liquids, powders and other ingredients. CONTACT: ABC Dispensing Technologies Inc., Akron Charles M. Stimac Jr., 330/733-2841 |
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