Advantage Systems Continues Deliveries.Business Editors/Technology Writers SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.--(BUSINESS WIRE)--March 20, 2002 Advantage Systems, a Division of the Pacel Corporation, (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :PLRP PLRP Public Lending Right Program (Canada) ), announced today the delivery of 72 systems from their new expanded facility. The on-time shipment is another milestone for the company. "We have now demonstrated our capability to produce and ship our products in significant quantity from our new location," said David Cohen For other persons named David Cohen, see David Cohen (disambiguation). David Cohen (November 13, 1914 - October 3, 2005), was an American politician, noted for his service in the administration of President Franklin D. , General Manager, Advantage Systems. "Our team showed their commitment in the first week shipment of 10 systems, now just two weeks later, that level of dedication and expertise that is the cornerstone of our customer-oriented approach has been once again proven by this shipment of 72 systems." "Advantage System's high level of commitment to our customers has been demonstrated again and our new facility is a key factor in this excellent performance," said Royce Goble, President of Pacel. "Our greatly expanded assembly and test area, combined with the proximity to our key suppliers, assures our customers continuing performance." About Advantage Systems, a Division of Pacel Corporation: Advantage Systems is a leading 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 provider of custom configured server solutions. Located in Santa Clara, California Santa Clara, California (IPA: /ˌsæntəˈklærə/) , founded in 1777 and incorporated in 1852, is a city in Santa Clara County, in the U.S. state of California. , Advantage has been supplying customized solutions since 1994. Pacel Corporation, headquartered in Manassas, VA, is a software applications development company specializing in the provision of innovative software products for clients in the commercial, industrial and government arenas. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. When used in this document and in our filings with the Securities and Exchange Commission, in our press releases, or other public or shareholder communications, and in oral statements made with the approval of an authorized executive officer, the words or phrases "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements" within the meaning of 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. These statements are subject to certain risks and uncertainties that could cause our actual results to differ materially from our historical results and those we presently anticipate or project. You should not place undue reliance on any forward-looking statements, which speak only as of the date made. Various factors could affect our financial performance and cause our actual results to differ materially from any opinions or statements we express with respect to future periods in any current statements. These factors include, but are not limited to, the following: increases in our operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. outpacing our revenues; our inability to expand our sales and distribution channels, the failure of strategic relationships to implement and protect our software products, the failure of third parties to develop software components necessary for the integration of applications using our software; and the use of our intellectual property by others. |
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