American Business Computers expands field division; First outside customer secured for national service; Strong growth expected for its technical support division.AKRON, Ohio--(BUSINESS WIRE)--June 27, 1995--American Business Computers Corporation (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 ), the leader in automated 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. systems, announced today that it is substantially expanding its field service division to meet the needs of its fast growing installed base as well as outside customers and has secured its first service agreement with a leading national manufacturer. The company has expanded its technical support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services beyond its own proprietary, automated dispensing and delivery systems to installation and service for all types of pneumatic pneumatic /pneu·mat·ic/ (noo-mat´ik) 1. pertaining to air. 2. respiratory. pneu·mat·ic adj. 1. Of or relating to air or other gases. 2. , hydraulic, electro-mechanical and microprocessor controlled products. American Business Computers directly employs its field service technicians who provide 24-hour, seven-days-a-week service and are linked by a state-of-the-art electronic communications system In telecommunication, a communications system is a collection of individual communications networks, transmission systems, relay stations, tributary stations, and data terminal equipment (DTE) usually capable of interconnection and interoperation to form an integrated whole. to the company's engineering team in Akron. "Now that our field service is no longer restricted to our own products, we will be able to more profitably utilize our highly trained service team. Our early marketing effort has elicited strong interest from manufacturers and multiple store owners who are looking to eliminate the need to staff, train and coordinate the activities of a national field installation and service organization. Given the benefits of our 20 years of experience in providing the highest quality of timely installation, diagnostic and repair service, we believe that there is strong and profitable growth potential for this business. Our field service division is now addressing a market that is very conservatively estimated at $500 million in annual sales," said Robert Cutting chief executive officer. Cutting noted that a number of potential customers for American Business Computer's expanded field service offerings are also showing interest in the company's research and development capabilities for automated dispensing. American Business Computers is engaged in research, development and commercialization of automated dispensing technologies which have broad industrial applications. CONTACT: Sylvia A. Dresner, Director of Investor Relations Investor relations The process by which the corporation communicates with its investors. , 212/575-6567 |
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