Apex PC Solutions Announces Allowance of Patent Application for On-Screen Technology.WOODINVILLE, Wash.--(BUSINESS WIRE)--Oct. 14, 1997--Apex PC Solutions, Inc. (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 : APEX) announced today that it had received a notice of allowance from the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Patent & Trademark Office on its patent application for its on-screen on·screen or on-screen adj. & adv. 1. As shown on a movie, television, or display screen. 2. Within public view; in public. programming circuit for controlling a computer switching system. This on-screen programming circuit, known as OSCAR (Open System for CommunicAtion in Realtime) AOL's internal project name for AOL Instant Messenger (AIM). The core functions of OSCAR, known as the Basic OSCAR Services (BOS), include Login/Logoff, Locate (find out about other AIM users), Instant Message (TM), allows users to easily configure Apex's OutLook(R), ViewPoint(R) and SunDial(TM) products. The decision to grant the patent for OSCAR confirms Apex's position as a leader in the computer connectivity business. "We are pleased with the Patent Office's recognition of our invention," said President and Chief Executive Officer Kevin J. Hafer. "When Apex introduced OSCAR in 1995, it was instantly recognized as a key advance in our industry. In the two years since OSCAR's debut, this on-screen technology has become the industry standard." "Apex intends to aggressively pursue and protect its intellectual property rights granted under this patent," noted Hafer. Company Background Apex PC Solutions designs, manufactures and markets stand- alone switching systems Switching systems (communications) The assemblies of switching and control devices provided so that any station in a communications system may be connected as desired with any other station. and integrated cabinet systems for the client/server computing market. Apex switching systems enable client/server network (1) A communications network that uses dedicated servers. In this context, the term is used to contrast it with a peer-to-peer network, which allows any client to also be a server. (2) A network that is processing applications designed for client/server architecture. administrators to manage multiple servers from a single keyboard, video monitor and mouse configuration (a "console") to more efficiently manage their organizations' complex and growing server populations. Forward-Looking Statements Statements contained in this press release which are not historical information are forward-looking statements as defined within 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. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from the statements made. Factors which could cause actual results to differ are described in the Company's Securities and Exchange Commission filings, including its Form 10- KSB KSB Kogod School of Business (American University) KSB Kelley School of Business (Indiana University) KSB Kantonsschule Am Brühl St. for the year ended December 31, 1996, Forms 10-QSB for the quarters ended March 28, 1997 and June 27, 1997, its registration statement on Form SB-2 which was declared effective August 7, 1997, and other risks detailed from time to time in the Company's reports to be filed with the SEC. The Company undertakes no obligation to publicly release the result of any revisions to forward-looking statements which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. CONTACT: APEX PC SOLUTIONS Kevin J. Hafer President and Chief Executive Officer 425/402-9393 |
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