ATEC Group Offers Shareholders $50 Rebate for Nexar PC Purchases.Business Editors HAUPPAUGE, NY--(BUSINESS WIRE)--Jan. 18, 2000 ATEC ATEC Army Test and Evaluation Command (US Army; formerly OPTEC, Operational Test & Evaluation Command) ATEC Australian Tourism Export Council ATEC Advanced Technologies (Hamburg, Germany) Group, 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 : ATEC), announced today that it is offering a $50 rebate to shareholders who purchase one of the company's Nexar(R) line of PCs at any retail outlet retail outlet n → punto de venta retail outlet n → point m de vente retail outlet retail n → , ATEC Group location or through the company's web site, www.atecgroup.com. Fifty-dollar rebates are also available to shareholders who build a Nexar PC using the company's new build-to-order capability on the ATEC Group web site. The offer applies to all current ATEC Group shareholders, as well as to those who become company shareholders by June 30, 2000. To receive the rebate, shareholders will need a proof of purchase of their Nexar system and documentation supporting their stock ownership. Additional details about the offer can be found at atecgroup.com. ATEC Group's Nexar series of PCs includes the Enable, Empower and newly launched Infinity series The infinity series (Danish Uendelighedsrækken) is a method discovered by the Danish composer Per Nørgård for serializing melody, harmony, and rhythm in musical composition. , which features the company's recently patented XPA XPA Xeroderma Pigmentosum, Complementation Group A (protien) XPA X Public Access XPA Extra Points Attempted (football) (TM) cross-processor technology. "We were very pleased with the reception to our Nexar products from shareholders at our annual meeting, and wanted to extend a special offer to encourage them to see for themselves the quality and performance of this PC line," said Surinder Rametra, 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. and chairman of ATEC Group, Inc. "We also wanted to extend this rebate to those who take advantage of our newly available build-to-order option on our web site, which enables both retailers and consumers to choose their own parts and build a Nexar PC to their individual requirements. We believe that this option will enable us to offer custom-designed systems at competitive prices, as well as attract new retail partners." About ATEC Group Based in Hauppauge, New York Hauppauge (pronounced /hɔpɔg/) is a hamlet in the Town of Islip and the Town of Smithtown in Suffolk County, New York, United States. , ATEC Group, Inc., is a leading system integrator and provider of a full line of information technology products and services. As a one-stop company for the computer needs of businesses, government agencies and educational institutions, ATEC Group offers computer hardware and software, system integration networking, graphic arts, Internet and Intranet. The company is positioned for growth through its capabilities as a PC manufacturer of Nexar technology, in software development and e-commerce. For more information on ATEC Group, please visit the company's web site at www.atecgroup.com. 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. Statement under 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: The statements that are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including, but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the company's filings with the Securities and Exchange Commission. |
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