ATEC Group Partners With Computer Associates to Market Applications and Software.Business/Technology Editors COMMACK, N.Y.--(BUSINESS WIRE)--Oct. 25, 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. (AMEX AMEX See: American Stock Exchange : TEC), announced today that it has formed a strategic partnership with Computer Associates International, Inc. (NYSE NYSE See: New York Stock Exchange : CA), the world's leading eBusiness solutions provider. As a CA VIP Channel Partner, ATEC will have the capability of bundling CA's state-of-the-art software and applications with ATEC's proprietary line of Nexar(R) computers. As one of CA's original equipment manufacturer (OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and ) partners on Long Island, ATEC expects to increase its share of key educational and corporate markets in the greater New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. metropolitan area. The ATEC-CA partnership will offer clients fresh ways to optimize their information technology systems using Nexar computers. ATEC offers three versions of Nexar PCs, including stock, built to order and multiple platform models that resist obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. . The depth of CA's product line is expected to exponentially increase the opportunities for tailoring Nexar systems to client specifications. "This strategic partnership will enable ATEC Group to strengthen its core business by offering Nexar-based solutions to large clients in the education, financial, governmental and medical markets," commented Tony Rametra, president of ATEC Group. "CA's products will also augment ATEC's ability to serve the needs of large, server-based clients and enable us to offer improved solution-based services, including e-commerce solutions, storage solutions and networking solutions. This complements well our goal to be a full-service integrator. Further, the addition of the many CA products will enhance our offerings to customers in software development and applications, which represent a potentially substantial source of revenue for the company. "The CA partnership builds on our reputation as a Value Added Reseller See VAR. (company) value added reseller - (VAR, or "value added retailer") A company which sells something (e.g. computers) made by another company (an OEM) with extra components added (e.g. specialist software). of name-brand products. We have been greatly impressed with the high degree of expertise, technical depth and professionalism of CA. By joining forces, we can offer a broad range of technical solutions to our current clients, as well as attract additional new clients throughout the Northeast region," Rametra concluded. George Janetakis, vice president, OEM division at CA, stated, "We are very pleased to be joining with the ATEC Group to strategically market our software to their customer base. We believe that our solutions for corporate desktops will help ATEC customers get maximum return on their PC investments." About ATEC Group Based in Commack, New York Commack is a hamlet and census-designated place (CDP) in Suffolk County, New York, United States. The population was 36,367 at the 2000 census. Commack is partly in the Town of Huntington and the Town of Smithtown. It is located on Long Island. , 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. Additional information about CA can be found at www.cai.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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