CDC Systems, Inc. Announces Effective Date for Stock Split and Symbol Change.DALLAS Dallas, city (1990 pop. 1,006,877), seat of Dallas co., N Tex., on the Trinity River near the junction of its three forks; inc. 1871. The second largest Texas city, after Houston, and the eighth largest U.S. -- CDC See Control Data, century date change and Back Orifice. CDC - Control Data Corporation Systems, Inc. (Pink Sheets:CUPY) previously announced its intention to do a 4-for-1 forward split of the Company's common stock. The effective date for the stock split will be October 8, 2004. To participate in the stock split you must be a shareholder of record on or before the end of the close of the market on October 7, 2004. At the open on October 8, 2004 CDC Systems, Inc. will trade under the new stock symbol CPYJ. CDC Systems, Inc. has developed innovative, highly-efficient natural gas compressors <includeonly></includeonly>A gas compressor is a mechanical device that increases the pressure of a gas by reducing its volume. Compression of a gas naturally increases its temperature. to convert marginal, non-profitable wells into profitable producers. The market of marginal wells numbers 225,000 nationwide and is growing 10,000 to 15,000 every year. CDC Systems compressors are also well-suited for the market of newly drilled wells, which is expected to number approximately 25,000 for 2004- the market most commonly focused on by leading compressor compressor, machine that decreases the volume of air or other gas by the application of pressure. Compressor types range from the simple hand pump and the piston-equipped compressor used to inflate tires to machines that use a rotating, bladed element to achieve companies. Matters discussed in this press release are "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. ." Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to certain risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. For more information about CDC Systems, Inc. go to www.cdc-systems.com. |
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