CDC Systems Responds to New York Post Online Article.DALLAS -- The following is a statement from CDC See Control Data, century date change and Back Orifice. CDC - Control Data Corporation Systems (Pink Sheets:CPYJ) in response to an article in the "New York Post The New York Post is the 13th-oldest newspaper published in the United States and the oldest to have been published continually as a daily.[3] Since 1976, it has been owned by Australian-born billionaire Rupert Murdoch's News Corporation and is one of the 10 " Online Edition. Its been brought to our attention that on October 11, 2004 an article was circulated by Christopher Byron of the "New York Post" Online Edition. In this article Christopher Byron made several statements concerning CDC Systems out of ignorance. Out of ignorance because at no time did Christopher Byron contact CDC Systems to obtain the information for which he bases his article. The CDC Systems 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 design has been in service in the field producing real results that can be documented. CDC Systems compressors have been able to realize an average production increase of 40% to 90%, and in some cases as much as 200% or better. These are real results produced from a real product in an environment with a real need. CDC Systems has real compressors in service in the field and has received real interest from major companies interested in employing these compressors. Generally with many agreements with large companies, they contain many clauses. One such clause is the restriction of information that can be released about the company, like the company's name. Some of CDC Systems agreements are confirmed orders for compressor systems while others are orders for test systems. These test orders are to be followed up with confirmed orders when an agreed favorable fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. production increase is realized. CDC Systems is a new company and probably hasn't migrated through all databases. CDC Systems was formed to unite several entities in a joint effort to enter the public forum and become a stronger company with a singular vision. CDC Systems chose to enter the public venue through a Pink Sheet IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. to raise operating capital Noun 1. operating capital - capital available for the operations of a firm (e.g. manufacturing or transportation) as distinct from financial transactions and long-term improvements capital, working capital - assets available for use in the production of further assets while continuing to organize itself for the future. In the coming months CDC Systems hopes to become a reporting company for two reasons: to give greater visibility to its investors and graduating to a higher exchange. Until this time CDC Systems stands firmly behind its press releases and its product. As to Christopher Byron's comments linking Patrick Arnett and CDC Systems, Patrick Arnett only assists the company in the construction and release of the company's press releases and is the contact person for questions relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the company's stock, nothing more. |
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