CDC Systems Inc. Announces the Production of 14 More CDC M1 Series Compressors.DALLAS -- CDC See Control Data, century date change and Back Orifice. CDC - Control Data Corporation Systems Inc. (Pink Sheets:CUPY) announced today that it started building 14 more CDC M1 Series compressors that once in place will result in $275,000.00 in annual revenues. LOBO Compression, a subcontractor One who takes a portion of a contract from the principal contractor or from another subcontractor. When an individual or a company is involved in a large-scale project, a contractor is often hired to see that the work is done. for CDC, is assisting in the customization of these compressors to help meet the deployment schedule. CDC Systems Inc. will have expected annual revenue approaching $3,000,000.00 with the additional revenues described above. The revenue described above will be realized when the compressors are actually placed in the field for service, the compressors are currently being assembled as·sem·ble v. as·sem·bled, as·sem·bling, as·sem·bles v.tr. 1. To bring or call together into a group or whole: assembled the jury. 2. for delivery. 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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