Black Box Corporation Announces Acquisition of Network Communications Technologies, Inc.Network Communications Technologies Noun 1. communications technology - the activity of designing and constructing and maintaining communication systems engineering, technology - the practical application of science to commerce or industry , Inc. (NCT NCT National Childbirth Trust NCT National Car Test NCT North Carolina Theatre NCT National Coordination Team NCT Northern California TRACON NCT Noise Cancellation Technology NCT Network Control and Timing NCT Nicotine Replacement Therapy ) Represents Approximately $10 Million in Annual Historical Data Services Revenues PITTSBURGH -- Black Box Corporation (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 :BBOX) today announced the acquisition of Network Communications Technologies, Inc. (NCT), a privately-held company based out of Charlotte, NC. NCT has an active customer base which includes commercial, education and various government agency accounts. Annual historical revenues of NCT are approximately $10 million. Scott Fairman, former NCT 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. , commented, "This is a great opportunity for NCT. Not only will we have the Black Box name behind us, but also the capability to expand our offerings for existing customers and the resources to gain additional customers." Mr. Fairman will continue with the business as Regional Operations Manager See datacenter manager. reporting to Mr. Gary Williams For the wrestler with the same name, see . Gary B. Williams (born March 4, 1945 in Collingswood, New Jersey, United States) is the current head coach of the University of Maryland's Men's basketball team. , Vice President and Regional General Manager for Black Box's Voice Services operations. Commenting on the acquisition, Mr. Williams stated, "We are excited about increasing our market share in the Carolinas with the acquisition of NCT. They will now have the capability to provide additional Voice, Data and Hotline services to meet their customers' increasing demands for multi-location support." This transaction is being accounted for as a purchase. The purchase price has not been disclosed. About Black Box Black Box is the world's largest technical services company dedicated to designing, building and maintaining today's complicated data and voice infrastructure systems. Black Box services 175,000 clients in 141 countries with 191 offices throughout the world. To learn more, visit the Black Box Web site at http://www.blackbox.com. Black Box([R]) and the Double Diamond logo are registered trademarks of BB Technologies, Inc. |
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