American Custom Components Receives Third Tooling & Production Order from Calluna Technology Limited; Production Order for Another High-End PC-Card Hard Drive Connector.SANTA ANA Santa Ana, city, El Salvador Santa Ana (sän'tä ä`nä), city (1993 pop. 129,873), W El Salvador. It is the second largest city in the country and the commercial and processing center for a sugarcane, coffee, and cattle region. , Calif.--(BUSINESS WIRE)--Aug. 21, 1998--American Custom Components Inc. (OTC/BB:ACCM ACCM Asynchronous Control Character Map ACCM AIDS Community Care Montreal (Montreal, Quebec, Canada) ACCM Annual Conference for Catalog & Multichannel Merchants ACCM Anesthesiology & Critical Care Medicine ) Friday announced that it has received a sole source tooling and production order for a PCMCIA (Personal Computer Memory Card International Association, San Jose, CA, www.pcmcia.org) An international standards body and trade association that was founded in 1989 to establish a standard for connecting peripherals to portable computers. PCMCIA created the PC Card. See PC Card. (PC-Card) connector that will be incorporated in a Type II 1.8-inch 1040 MB PC Card hard disk drive for Calluna Technology Limited. The PCMCIA connector announced earlier shall be used in the Type III Type III may stand for:
Calluna Technology Limited was founded in 1991 to design, manufacture and market a new generation of 1.8-inch hard disk drives. Calluna has headquarters in Glenrothes, Scotland and is floated on the Unlisted Securities Market The Unlisted Securities Market (USM), which ran from 1980 to 1996, was a stock exchange set up by the London Stock Exchange. It served a market for shares of companies too small to qualify for a full listing; or which did not have the full three year trading history required by the of the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. . For more information about Calluna, visit the company's Web site at www.calluna1.demon.co.uk/new/new.htm. "Keep counting," said John Fritch, American's chief financial officer and chairman. "This is the third order we have received from Calluna. As laptops, handheld computers and digital cameras become cheaper and popular, we believe PCMCIA storage and other accessories will see greater demand. We see future customers in modem cards, flash memory, adapters, cpu cards. Our off-shore low-cost manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. allows us to pass on savings and provide major cost reductions." For more information on PCMCIA and its applications, visit http://www.pc-card.com/pc_card_faq.html. Major players in the accessory market include Hitachi, SanDisk, Smart Modular Technologies, Toshiba, and Viking Components. Founded in 1994, American Custom Components utilizes a unique rapid-response development process combining sophisticated component and design engineering with internally maintained molding and tooling facilities. This turnkey capability has allowed American to provide OEMs with new custom-designed components in less time than that required by larger competitors -- resulting in numerous contracts with leading computer-peripheral manufacturers and other cutting-edge technology companies. Visit American's Web site at www.acc-intl.com. Included in this release are "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. " within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. The company's actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors including sales levels, distribution and competition trends and other market factors. CONTACT: The Michelson Group Inc. 800/824-4011, Ext. 119 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion