Applied Digital Solutions Covers Entire E-commerce Supply Chain With New Web-based Financial Initiative.Business Editors/High Tech Writers PALM BEACH, Fla.--(BUSINESS WIRE)--March 29, 2000 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 leading-edge provider of e-business solutions, today announced that it will be offering its customers another essential piece in the e-business puzzle, that of web-enabled financial solutions. Today's announcement follows the Company's recently announced initiatives designed to implement its goal of "enabling e-business through Computer-Telephony-Internet Integration (CTII CTII Comprehensive Technologies International, Inc. )." Commenting on the Company's new web-based financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. initiative, the Company's Chairman and 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. , Richard Sullivan For the author and academic, see Richard T. Sullivan. Richard Joseph Sullivan (born 1964) is a judge of the United States District Court for the Southern District of New York. Nominated by President George W. said, "Our strategic e-business direction centers around providing customers with the entire set of capabilities they need to do business within the e-business space. By web-enabling our existing financial services organization, we will be offering our business customers the added dimension of financing when they purchase our services and related hardware and software components. This completes our previously announced CTII E-Business-to-Business initiatives. With our new web-based financial services in place, we can now work with our customers across the entire e-commerce supply chain." About the CTII Initiative In 1999 Applied Digital Solutions successfully refocused its strategic direction and organized the Company into four core business groups: Internet, Telephony, Network and Applications. As part of this successful transformation, the Company has positioned itself as a leading-edge provider of Computer-Telephony-Internet Integration (CTII) services. This CTII focus differentiates Applied Digital Solutions in the e-business solutions marketplace. With CTII, Applied Digital can now provide the full range of services and skills companies need to conduct business online. Through its four integrated business groups, Applied Digital designs and deploys complete, front-to-back, web-enabled e-business systems, all with a single point of contact. About Applied Digital Solutions, Inc. Applied Digital Solutions, Inc. is an e-business to business solutions provider offering Internet, telecom, LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. and software services to a wide variety of businesses throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Applied Digital Solutions differentiates itself in the marketplace by enabling e-business through Computer-Telephony-Internet Integration (CTII). With five-year revenue growth (from 1994 to 1998) of 64,012%, Applied Digital Solutions was ranked as the fifth fastest-growing technology company by Deloitte & Touche in its 1999 Technology Fast 500 listing. For more information, visit the Company's web site 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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