CENTENNIAL TECHNOLOGIES, INC. announces it completed its acquisition of TRIAX TECHNOLOGY GROUP, LTD.BILLERICA, MASS.--(BUSINESS WIRE)--NOV. 4, 1996--CENTENNIAL TECHNOLOGIES, INC. (AMEX AMEX See: American Stock Exchange : CTN) announced today it completed its acquisition of TRIAX TECHNOLOGY GROUP, LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability ., a privately-held contract manufacturer based in St. Albans, Herts, United Kingdom. TRIAX customers include 3Com Corporation (NASDAQ/NNM: COMS COMS 3Com Corporation (stock symbol) COMS Certified Orientation and Mobility Specialist COMS Continuous Opacity Monitoring Systems COMS City of Manchester Stadium (UK) ), Cray Communications, Racal and Sun Microsystems (NASDAQ/NNM: SUNW). Terms of the acquisition were not disclosed. Mr. Emanuel Pinez, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CENTENNIAL TECHNOLOGIES, INC., stated, "The addition of TRIAX and its management team is in line with CENTENNIAL's strategy to provide global service to our customers. With manufacturing facilities in the U.S., Far East and the Common Market, we combine the high level of service of a local company with the enhanced purchasing power of a global organization." In reference to 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 , the quotation above contains forward looking statements. The matters expressed in such statements are subject to numerous risks and uncertainties, including, without limitation, risks relating to relationships with the Company's suppliers, the possibility of production difficulties and other risks, many of which are material and beyond the control of the Company. CENTENNIAL TECHNOLOGIES, INC. designs, manufactures and markets an extensive line of PCMCIA cards used primarily by OEMs for industrial and commercial applications, as well as provides contract manufacturing services. CONTACT: JAMES M. MURPHY Mur·phy , William Parry 1892-1987. American physician. He shared a 1934 Nobel Prize for discovering that a diet of liver relieves anemia. (508) 670-0646 LINDA DECKER (908) 788-9660 |
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