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AT&T GIS Division increases order for Scriptel digitizer by 300%.


COLUMBUS, Ohio--(BUSINESS WIRE)--June 14, 1995--Scriptel Corporation, a wholly-owned subsidiary of Scriptel Holding, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
: SCRH), today announced that AT&T Global Information Solutions Retail Product and Systems Division has increased it's commitment 300% to an annualized annualized

Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared.
 volume exceeding 10 thousand units of Scriptel Corporation's patented digitizer dig·i·tize  
tr.v. dig·i·tized, dig·i·tiz·ing, dig·i·tiz·es
To put (data, for example) into digital form.



dig
.

"We are very pleased that AT&T Global Information Solutions has received increasing market acceptance for their customer display and signature capture devices used with retail systems," said Vance Holloway, president of Scriptel Corporation. Holloway continued, "The value of electronic ink will continue to increase in vertical and horizontal applications." "The advancement of pen technology with our strategic partners and through our customers is very encouraging. Bringing any new technology to market represents a major commitment," said James France, chairman 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 Scriptel Holding, Inc.

Scriptel Holding, Inc. is the holding company of Scriptel Corporation, Scriptel Communications, and Ampsco Corporation, also located in Columbus, OH, and further holds a majority of the stock in Coloray Display Corporation of Fremont, CA. Scriptel Corporation is developing, manufacturing and marketing high performance digital pen systems that are sold worldwide to major computer manufacturers and value-added resellers. Scriptel Communications is developing wireless products for mobile systems. Ampsco Corporation is a quality diversified machining, design/build and fabrication fabrication (fab´rikā´shn),
n the construction or making of a restoration.
 operation. Coloray Display Corporation is engaged in the development of a new generation flat-panel display flat-pan·el display
n.
A thin lightweight video display used in laptop and notebook computers and employing liquid crystals, electroluminescence, or a similar alternative to cathode-ray tubes. Also called flat screen.
 product, commonly referred to as a field-emission display.

CONTACT: Scriptel Corporation

Vance Holloway, President/COO, 614/276-8402
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 14, 1995
Words:244
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