CMI Holdings Group's Update to Shareholders; First Shipment of 21st Century's Wireless Sonic2ners Due Next Week.Business Editors SACRAMENTO, Calif.--(BUSINESS WIRE)--May 7, 2001 CMI (Computer-Managed Instruction) Using computers to organize and manage an instructional program for students. It helps create test materials, tracks the results and monitors student progress. Holdings Group Inc. (OTC-Pink Sheets:CMIH), and 21st Century Wireless Inc., should receive the first shipment of their wireless technology product, Sonic2ners, next week. This item, which is now beginning production, is the next generation Walkman or the Walkman of the 21st Century. By utilizing bone conductance technology, 21st Century Wireless has developed a world wide patented, self-contained FM Headphone See headphones. unit that produces concert like sound with the unique and revolutionary benefit that it does not cover or rest on the ears. The second element of the technology is a Wireless Tuner transmitter. The Sonic2ner Headset Headphones combined with a microphone. Used in call centers and by people in telephone-intensive jobs, headsets provide the equivalent functionality of a telephone handset with hands-free operation. Many people use headsets at the computer so they can converse and type comfortably. can be combined with a one-ounce tunable wireless transmitter that plugs into a disc, mp3, or a tape player and takes up virtually no additional space. It includes digital scan tuning with phase lock loop technology which enables the 2ner to aggressively search for stations and lock on with virtually no drift, thus no static from an out of tune station. The technology searches for and locks on to the next station available and automatically adjusts for best reception. The overall consequence is that the 2ners receive more stations more clearly. The Sonic2ner has bass boost of 25dB over the difficult to reproduce range of frequencies from 20 to 200 hertz. Its unique acoustic port technology enhances mid range and treble notes. CMI Holdings Group, through its BTP (Business Transaction Protocol) An XML-based protocol from OASIS that adds the type of validation to transactions in a Web services environment that are normally performed by the two-phase commit within an enterprise. Distribution Division has begun preparing for distribution and promotion of the 2ners. Announcements are forthcoming. At this time, BTP fulfills for Vstore (hosting over 125,000 web sites), Amazon.com, Borders, Barnes & Noble, a multitude of web companies, several hundred bricks and mortar A store (shop, supermarket, department store, etc.) in the real world. Contrast with clicks and mortar. customers, and libraries around the country. Other Updates CMI Holdings Group expects to close on several pending contracts and acquisitions, beginning as early as this week. Once complete, they should add significantly to CMI's revenue stream. Announcements will be forth coming. 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 provides a "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " for 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. . Certain information included in this press release contains statements that are forward-looking, such as statements related to the future anticipated direction of the high-technology industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of CMI Holdings Group, Inc. These risks and uncertainties include, but are not limited to, those relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc development and expansion activities, dependence on existing management, financing activities, and domestic and global economic conditions. |
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