Boundless Announces Signing of 2-Year Multimillion-Dollar Agreement With Xycom Automation to Build Computer Circuit Board Assemblies.Business Editors HAUPPAUGE, N.Y.--(BUSINESS WIRE)--April 23, 2001 Boundless Manufacturing Services, Inc. (Boundless), a subsidiary of Boundless Corporation (AMEX AMEX See: American Stock Exchange : BND BND In currencies, this is the abbreviation for the Brunei Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) today announced it has signed a two-year agreement to build industrial PC and VME (Virtual Machine Environment) An operating system from Fujitsu Services (formerly ICL) that runs on its Series 39 mainframes. Introduced in 1975, VME is a comprehensive product that provides a variety of utilities for datacenter operations. circuit board assemblies for Xycom Automation, Inc.(Xycom). Xycom, 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. of Pro-face America, Inc., provides computers and software solutions for the factory automation market. Boundless expects to receive approximately $10 million in orders from Xycom over the course of the contract. Xycom will begin the transition of approximately 30 board types to Boundless starting in June and expects to complete the transition prior to the end of the year. About Boundless Corporation Boundless Corporation is a global technology company composed of three subsidiaries: the aforementioned Boundless Technologies, Inc., Boundless Manufacturing Services and Merinta, Inc. Boundless Manufacturing Services (www.boundless.com/manufacturing) is an emerging EMS company providing build-to-order (BTO BTO British Trust for Ornithology BTO Business Technology Optimization BTO Bachman Turner Overdrive (band) BTO Business Transformation Outsourcing BTO Build-Transfer-Operate BTO Brutto (German: Gross [quantity]) ) manufacturing as well as complete end-to-end solutions from design through product end-of-life to its customers. Merinta (www.merinta.com), headquartered in Austin, Texas, is a leading provider of software infrastructure and services that enable Internet Appliances to deliver a Better-than-PC(tm) Internet experience. The iBrow(tm) solution provides completely customizable client and centralized client management software and services for Consumer Electronics, PC Manufacturers and technology providers to growing vertical markets. About Xycom Automation, Inc. Xycom Automation is a leading global supplier of Industrial PCs and embedded systems Embedded systems Computer systems that cannot be programmed by the user because they are preprogrammed for a specific task and are buried within the equipment they serve. . The company's principal products include PC-based, open architecture visualization and control offerings. These products serve industrial, automotive, aerospace, packaging, plastics, textile, and other markets, with hardware and software installed in over 200,000 factory-floor systems worldwide. Xycom is a wholly owned subsidiary of Pro-face America, Inc., and provides marketing and sales for all Pro-face products in North, Central, and South America, and all Xycom Products worldwide. Headquartered in Saline, Michigan, Xycom has employees and representatives around the world. For more information about Xycom and Pro-face products, visit www.xycom.com. About Pro-face America, Inc. Founded in January 1999, Pro-face America, Inc. is a majority-owned subsidiary majority-owned subsidiary A firm in which more than 50% of outstanding voting stock is owned by the parent company. of Digital Electronics Corporation, which is based in Osaka, Japan. Pro-face America, the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. headquarters for Digital, is located in Glendale Heights, IL. For more information on Pro-face America, visit www.proface.com. |
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