Applied Digital Retail Announces Recent Successes Within Applications and Services Groups.Business Editors/Retail Writers PALM BEACH, Fla.--(BUSINESS WIRE)--Mar. 1, 2001 Applications group adds three new clients, expands several current agreements during Q4, 2000 Services group receives Ameritech/SBC 5-star rating for ninth consecutive year Applied Digital 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 : ADSX ADSX Applied Digital Solutions, Inc. (stock symbol) ), a leader in information technology and solutions, today announced recent successes within its Application and Services groups. The Applications group has entered into new software licensing agreements with three specialty retail firms for the unit's in-store systems, central merchandising applications and data warehousing See data warehouse. data warehousing - data warehouse tools, which were developed specifically for the retail industry. The agreements, signed during the fourth quarter of 2000, were as follows: --Modell's Sporting Goods Noun 1. sporting goods - sports equipment sold as a commodity commodity, trade good, good - articles of commerce sports equipment - equipment needed to participate in a particular sport (headquartered in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New York) signed agreements for Applied Digital's TradeWind(R), TradeCenter(R), and TradeRoute applications. Modell's is the nation's oldest, family-owned and operated retailer of sporting goods, sporting apparel, men's wear and brand name athletic footwear. For more information about Modell's, visit www.modells.com. --eCompanyStore (headquartered in Alpharetta, GA) signed agreements for Applied Digital's TradeWind, TradeCenter, and TradeRoute applications. eCompanyStore is the leading provider of Internet-based, business-to-enterprise solutions that allow mid to large corporations to efficiently manage and procure custom logo merchandise. For more information, visit www.ecompanystore.com. --Crane & Company, Inc. (headquartered in Dalton, Massachusetts Dalton is a town in Berkshire County, Massachusetts, United States. Dalton is considered by some to be a suburb of the nearby city of Pittsfield, Massachusetts. Dalton is also the transition town between the urban and rural pieces of Berkshire County, Massachusetts. ) signed agreements for Applied Digital's SQL-Retail and SQL-Agent applications. Crane & Company, Inc. is a family-owned manufacturer and marketer of business and social correspondence papers made from 100% cotton. Since 1801, Crane's has been the leading brand in environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] , 100% cotton correspondence papers for those seeking to distinguish their written communications. For more information about Crane & Company, visit www.crane.com. In addition to the new licensing agreements, Applied Digital Retail expanded existing agreements with the following companies: --Cavender's Boot City, the world's largest retailer of boots and western wear. --Galyan's Trading Company, a sporting goods retail chain established in 1946. --Novus, Inc., a large medium-to-high-end shoe retailer in Puerto Rico. --Polo Ralph Lauren Corporation, a leader in the design, marketing and distribution of premium lifestyle products. --Steve Madden Retail, a leading designer, wholesaler and marketer of women's footwear. The Services group announced that it has been awarded the coveted cov·et v. cov·et·ed, cov·et·ing, cov·ets v.tr. 1. To feel blameworthy desire for (that which is another's). See Synonyms at envy. 2. To wish for longingly. See Synonyms at desire. Ameritech/SBC 5-star distributor status for outstanding sales and service rating for the ninth consecutive year. Ameritech's product/services, which include business telephone line service, Centrex, local usage, ISDN ISDN in full Integrated Services Digital Network Digital telecommunications network that operates over standard copper telephone wires or other media. Basic Rate, ISDN Primary Rate, DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary and point-to-point voice and data connections, are deployed by the Services group of Applied Digital Solutions and allow for e-business wide area network connectivity. The Services group implemented in excess of $9 million in network service life cycle revenue during the 2000 calendar year, a new record for the company and an increase of $2 million over 1999. Commenting on the agreements, Applied Digital's President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , Mercedes Walton, said: "We are extremely pleased with these successes at our Applications and Services groups. We're delighted to help all of our clients improve operational efficiency and customer service levels with our leading-edge information technologies. The warm reception that the Advanced Wireless group has enjoyed for Digital Angel products has the potential to overshadow o·ver·shad·ow tr.v. o·ver·shad·owed, o·ver·shad·ow·ing, o·ver·shad·ows 1. To cast a shadow over; darken or obscure. 2. To make insignificant by comparison; dominate. the consistent performance of our Applications and Service groups. The true enterprise value of Applied Digital Solutions, however, lies in our ability to leverage the interdependence among the three groups. Our newly adopted I(3) Service Platform will optimize the strategic relationships among the core businesses while positioning Applied Digital to deploy innovative and unique marketplace solutions." About Applied Digital Solutions, Inc. Applied Digital Solutions is an information technology and solutions company operating on the I3 Services Platform. Through our core business units of Applications, Services and Advanced Wireless, Applied Digital Solutions offers Intelligent Integrated Information Services See Information Systems. . Our products and services allow the collection, organization, analysis, warehousing and dissemination of information for a wide variety of end users including commercial operations, governments, and consumers. For more information, visit the company's website at http://www.adsx.com. Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are `forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995. The Company intends that such forward-looking statements involve risks and uncertainties and are subject to change at any time, and the Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. |
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