Boca Research to Change Name to Inprimis.Business Editors 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 26, 2000 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) Research Inc. (Nasdaq:BOCI BOCI Bank of China International BOCI Buckner Orphan Care International ) today announced that its board of directors has approved a change in the Company's name to Inprimis Inc. to reflect its transition from a modem and computer peripherals hardware manufacturer to a business-to-business provider of design services and software technology for interactive, infotainment (INFOrmation enterTAINMENT) Refers to all the information and entertainment services delivered to the home, which are essentially telephone, TV and Internet access. and Internet-based appliances. The name change, which will require shareholder approval, will be the company's latest in a series of moves to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the rapidly growing market for Internet-based appliances. In February, Boca Research established Inprimis Technologies Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , to help consumer electronics, telecommunications and technology companies bring devices to market quickly and cost effectively. This release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that reflect management's best judgment, based on factors currently known. However, these statements involve risks and uncertainties, including the Company's ability to transition to a software and systems solutions-based enterprise, the rate of development of the information appliance See Internet appliance. (hardware) Information Appliance - (IA) A consumer device that performs only a few targeted tasks and is controlled by a simple touch-screen interface or push buttons on the device's enclosure. market generally, the successful development and market acceptance of new products and services, the degree of competition in the market for such products and services, competitive pricing practices, and low barriers of entry into the software development and services markets. Further, a significant portion of the Company's sales is derived from a limited number of customers, the loss of one or more of which could adversely impact operating results. These and other risks are detailed in Boca Research's annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 1999, as well as in the Company's other filings with the Securities and Exchange Commission (SEC). Such risks and uncertainties could cause actual results to differ materially from those in the forward-looking statements included in this release. About Boca Research Founded in 1985 and headquartered in Boca Raton, Fla., Boca Research Inc., through its wholly owned subsidiary Inprimis Technologies Inc., is a provider of technology and service solutions for Internet-based infotainment and entertainment systems. Inprimis offers software development, product design, and system engineering services to consumer electronics, telecommunications, and technology companies who want to reach mass or vertical markets. For more information, call (561) 997-6227 or visit the company's Web sites at www.bocaresearch.com, www.inprimis.com and www.globalvillage.com. Note to Editors: Boca Research, Inc., Boca, and Global Village are registered trademarks; and Inprimis is a trademark of Boca Research, Inc. All other products and brand names are trademarks of their respective owners. For copies of recent press releases from Boca Research via fax, call 800/331-1323; for company information via the internet, visit http://www.bocaresearch.com |
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