Brandywine Electronics, Ltd. Chooses Simtrol's Ongoer Control System.Business Editors NORCROSS, Ga.--(BUSINESS WIRE)--May 7, 2001 Simtrol, 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. of VSI VSI Vinyl Siding Institute VSI Voltage Source Inverter VSI Virtual Switch Interface VSI Vertical Speed Indicator VSI Voluntary Separation Incentive VSI Virtual Socket Interface VSI Vision Systems International VSI Vertical Shaft Impactor Enterprises, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : VSIN) announced today that Brandywine Electronics, Ltd. ("Brandywine") has joined its growing network of Ongoer(TM) control systems resellers. Delaware's largest audio-visual (A/V (1) (Audio/Video) Refers to equipment and applications that deal with sound and sight. The A/V world includes microphones, tape recorders, audio mixers, still and video cameras, film projectors, slide projectors, VCRs, CD and DVD players/recorders, amplifiers and ) systems integrator, Brandywine participates in government contracts in the Delaware, Maryland and Virginia area, and is considered the "go-to" electronics expert by many Fortune 500 companies. Brandywine's sales and service team designs and installs A/V systems, and maintains them through factory upgrades, routine maintenance, and repairs. They also train end-users how to properly use the latest A/V tools to increase their professionalism and productivity. Brandywine's production group provides a wide array of audio and visual production services including editing, event streaming and broadcasting, staging, and video duplication. Rick Egan, VSI's Chief Executive Officer, expressed his enthusiasm about welcoming Brandywine to the Simtrol team. "We're pleased that Brandywine bought the Ongoer(TM) control system after seeing it demonstrated in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. in March. Simtrol has developed a control system that is leaps and bounds ahead of the hardware-oriented, proprietary systems offered by others. Our recent experiences with A/V integrators indicate they feel they're faced with the choice of either embracing this new technology or risking losing business to their competition." "Brandywine Electronics is an extraordinarily capable A/V system integrator and we are thrilled with their decision to represent our products," Egan further commented. "They recognize the benefits of our PC-based system and CycleFree(TM) technology, including increased functionality, reduced cost, simplified programming and tremendous reliability, and they have the ability to relate these benefits to their customers. On behalf of the Simtrol team, I would like to extend a warm welcome to the entire Brandywine organization." Egan concluded, "I would also like to thank our manufacturers' representative Manufacturers representatives (reps), also known as sales agents, are independently owned and managed sales companies that are an alternative to hiring a direct sales force. for the east coast, Symco Inc., for their outstanding work in bringing Brandywine into Simtrol's network of resellers. Their success is yet another validation of the sales management Sales Management Role and Goal Importance of sales management is critical for any commercial organization. Expanding business in not possible without increasing sales volumes, and effective sales management goal is to organize sales team work in such a manner that ensures a model we began implementing last fall. We are looking forward to many more similar successes over the next several weeks and months." For more information on Ongoer(TM) and Simtrol, please visit www.simtrol.com. For more information on VSI Enterprises, Inc. please visit www.vsin.com. Additional information on Brandywine Electronics is available at www.bel.com. For additional information on CycleFree(TM) technology, please visit www.cyclefree.com. VSI Enterprises, Inc. develops, manufactures, markets and supports software based audio/visual control systems and videoconferencing A real time video session between two or more users or between two or more locations. Although the first videoconferencing was done with traditional analog TV and satellites, inhouse room systems became popular in the early 1980s after Compression Labs pioneered digitized video systems products that operate on PC platforms. The company's customers include Fortune 1000 corporations, governmental agencies, health care providers and educational institutions. Simtrol is a subsidiary of VSI Enterprises, Inc. Ongoer(TM) is a registered trademark of VSI Enterprises, Inc. Certain statements contained herein are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, such as statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc projected financial results and plans for future sales and business development activities, and are thus prospective. Such forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. The words "may," "would," "could," "believe," "intend," "expect," "estimates," "anticipates," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Potential risks and uncertainties include, but are not limited to, economic conditions, competition, the market acceptance of Ongoer(TM) as an alternative to hardware-based control systems, and other uncertainties detailed from time to time in the Company's Securities and Exchange Commission filings, including our 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. and our quarterly reports on Form 10-Q Form 10-Q See 10-Q. and our Registration Statement on Form S-3 (Registration No. 33-35578). |
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