American Custom Components Receives Tooling Order From Calluna Technology Limited; Sole Source Tooling Production Order for 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)--June 22, 1998--American Custom Components Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :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 ) Monday announced that it has received a sole source tooling and production order for a high end 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) component that will be incorporated in a Type III Type III may stand for:
Terms were not disclosed. Calluna Technology Limited was founded in 1991 to design, manufacture and market a new generation of 1.8-inch hard disk drives. Using this 1.8-inch hard disk drive technology, Calluna implements the drive into the form of a PCMCIA Type III card See PC Card. resulting in high performance with low power requirements. This makes the Callunacard(TM) an attractive solution for portable storage as well as other non-computer applications. 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 their Web site at www.calluna1.demon.co.uk. "We are very pleased to have secured this tooling project from Calluna," said John Groom, American's president. "The tooling and development on this PC card connector continues to accelerate our strategy to shift to high-end custom components in new areas." "This particular PC Card connector is another high end product for American. We can offer a custom component at a competitive price point to clients. This makes us an attractive solution for companies that have individual tooling needs and who necessitate quick turn-around time to keep the product viable," commented Groom. "This component can also be used in other applications including industrial computers, flat panel displays A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time and hand held devices such as digital cameras. We look forward to continuing with high-end projects such as this in the future and expect that these types of orders will further our growth and exposure with new OEMs." 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" 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.
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