Applied Cellular Technology announces release of Compliance Plus software product.SPRINGFIELD, Mo.--(BUSINESS WIRE)--Feb. 21, 1995--Applied Cellular Technology Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB - ACTC ACTC Apple Certified Technical Coordinator ACTC Almaden Cycle Touring Club ACTC Associated Colleges of the Twin Cities ACTC All Ceylon Tamil Congress (Sri Lanka) ACTC Association Canadienne de Télévision par Câble ) today announced the release of a new software product, Compliance Plus, designed to address the needs of suppliers and vendors conforming to major retailers' bar coding shipment requirements. Applied Technology said: "the product will generate significant revenues in 1995 and beyond, and we expect to begin shipments in April." Compliance Plus is the only complete software package which incorporates bar code labeling, hardware, and customized installation configuration capabilities. The product's marketability is expected to be enhanced by Applied Cellular's vendor partners, Telxon Corp., which holds a 41 percent market share in the handheld computer A computing device that can be easily held in one hand while the other hand is used to operate it. The Palm devices are a popular example. See Palm, smartphone and palmtop. peripheral market, as well as Data Documents, a major label and ribbon manufacturer with a national salesforce. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Applied's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and Chairman, Richard J. Sullivan, "The Compliance Plus software system has a distinct competitive advantage over other systems currently available in the marketplace based upon price, installation flexibility, and customer service. In addition, this product is Windows-based oriented, allowing for much greater acceptability by the industry's workforce, the lack of which has been a primary reason for the previous resistance for compliance in the industry." With only 5 percent of the shipping industry currently in compliance, and continued pressure by large retailers and manufacturers such as WalMart, K-Mart, Pitney Bowes to name a few for shippers to have in place bar coded package labeling systems, the market should exceed $200 million over the next several years, and the company said it expects to gain a major portion of this market. Applied Cellular Technology Inc. is a software development and value added reseller See VAR. (company) value added reseller - (VAR, or "value added retailer") A company which sells something (e.g. computers) made by another company (an OEM) with extra components added (e.g. specialist software). of computer components providing products and services for radio frequency wireless data communications, client server computing, and mobile data collections. CONTACT: Pratt. Wylce & Lords 303/567-0839 (Investor Relations Investor relations The process by which the corporation communicates with its investors. ) or Eisenberg Communications Rick Eisenberg, 212/496-6828 (Media) |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion