Boca Research Streamlines Operations.BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla.--(BUSINESS WIRE)--July 21, 1997--Boca Research, 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 :BOCI BOCI Bank of China International BOCI Buckner Orphan Care International ) today announced that, as part of its continuing efforts to improve its efficiency and contain costs, it recently completed a study assessing its manpower needs against its revenue plan and current duty assignments. Today, Boca BOCA Building Officials and Code Administrators International, Inc. BOCA Bird Observers Club of Australia BOCA Business Object Component Architecture BOCA Borland Object Component Architecture (Borland) implemented a plan to streamline its operations that resulted in a workforce reduction of approximately 30 full-time employees and 30 contract agency personnel. In addition, Boca is cutting any duplications of services and reassessing services from outside vendors and agencies whose responsibilities can be reassigned to Boca Research employees. Industry-wide demand for data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. products remains weak and Boca is in the transitional, ramp-up period for its new products. Therefore, management felt this was the appropriate time to take an extremely hard look at its organization, make the tough decisions, and streamline its operations. Tony Zalenski, president 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. of Boca Research, stated, "The Company regrets the effects of this decision on its personnel, and is committed to aggressively pursue the plan its executive team has developed to position the Company for future profitability and employment growth." CORPORATE INFORMATION Founded in 1985, Boca Research designs, manufactures, markets and supports quality, cost-effective data communications, videoconferencing, multimedia and networking products to facilitate the transmission of information on personal computers and computer networks. The Company sells its products worldwide through distributors, original equipment manufacturers (OEMs), and retailers. Boca Research is a U.S. corporation headquartered in Boca Raton, Florida Boca Raton ("bōkə rə-tōn") is a city in Palm Beach County, Florida incorporated in May 1925. As of the 2000 census, the city had a total population of 74,764; the 2006 population recorded by the U.S. Census Bureau was 86,396. with international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. and ventures worldwide. -0- NOTE TO EDITORS: In the Internet/email address noted in this news release, there is an "at" symbol between galeb and bocaresearch.com . Also, in the World Wide Web address noted in this news release, there is a double slash between http: and www.bocaresearch.com . These symbols may not appear properly in some systems. CONTACT: Boca Research Inc. Gale Blackburn, Director of Corporate Communications 561/997-6227, ext. 305 http://www.bocaresearch.com galeb@bocaresearch.com -- AND -- Morgen-Walke Associates Inc. Michele Katz/Jessica Davis Press: Lee Foley/Ann Travers 212/850-5600 |
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