COMARCO Announces Receipt of $10 Million Order From Targus Group International for 70 Watt ChargeSource Power Adapter.Business Editors & High-Tech Writers IRVINE, Calif.--(BUSINESS WIRE)--Sept. 7, 2000 COMARCO Inc. (Nasdaq:CMRO CMRO Current Medical Research and Opinion (journal) CMRO Concerned Motorcycle Riders of Ohio CMRO Canadian Mud Racing Organization CMRO Certified Medical Review Officer CMRO Complex Maintenance, Repair & Overhaul ) and its subsidiary Comarco Wireless Technologies, Thursday announced that it has received an order from Targus Group International "Targus" for more than $10 million of ChargeSource(R) 70 watt universal power adapters An external power supply for laptop computers and just about every portable or semi-portable electronic device on the market. Also called an "AC adapter," it contains a rectifier to convert AC current to DC and a transformer to convert voltage from 120 down to 9, 12, 15 or whatever is for notebook computers, cellular telephones, handheld and palm devices and other portable products. The ChargeSource 70 watt power adapter is COMARCO's second generation power system that powers and charges most notebook computers, cellular telephones, handheld devices and portable printers. ChargeSource power systems are ideally suited for mobile professionals who desire the convenience, simplicity and reliability of a single, light-weight, AC power adapter, or as a stand alone, secondary power system for traveling purposes. "We are delighted to release the next generation of our ChargeSource power systems," said Tom Franza, COMARCO president and chief executive officer. "Targus is an ideal partner for us in the deployment of ChargeSource in global corporate, distribution and retail environments." Targus is the world's leading designer and marketer of portable computer luggage and mobile computing Using a computing device while in transit. Mobile computing implies wireless transmission, but wireless transmission does not necessarily imply mobile computing. Fixed wireless applications use satellites, radio systems and lasers to transmit between permanent objects such as buildings accessories. Targus products are sold in 130 countries through a strong network of distributors, OEM's, computer and electronics retailers, direct response marketers, office supply stores and mass merchants. The company has operating subsidiaries in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, Japan, Germany, United Kingdom, France, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , Singapore, Korea, Australia, and South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. . "Working together with COMARCO, we've responded to the market's demand for a universal power product for portable computing devices," said J. Howard Johnson, chairman, president 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 Targus Group International Inc. "Today, with the new 70 watt adapter, we've extended the product coverage and versatility of the Universal AC Adapter Same as power adapter. . Already, we've received excellent response from our channel, corporate and retail customers." ChargeSource power systems are compatible with a wide range of notebook computers including most popular Apple, Compaq, Dell, HP, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Sony and Toshiba models as well as all leading cellular telephones from Nokia, Motorola, Qualcomm, Ericsson, handheld computers from Palm Computing and others. ChargeSource compatible products sold under license to Targus are available through leading distributors including Ingram Micro Ingram Micro, Inc. NYSE: IM a Fortune 100 company founded in 1979 and based in Santa Ana, California. It is the world’s largest technology distributor and a leading technology sales, marketing and logistics company. , Tech Data and Merisel, and are also available at national retailers including CompUSA, Best Buy, Circuit City and Staples. About COMARCO Based in Irvine, COMARCO provides test and optimization products and services for wireless telephone carriers, systems for the wireless transmission of voice and data, and advanced technology products for portable wireless appliances such as notebook computers, cellular telephones and personal organizers. The company's Web sites can be found at www.comarco.com and www.chargesource.com. Note to Editors: ChargeSource is a registered trademark of Comarco Wireless Technologies Inc. All other company names referenced herein are trademarks or registered trademarks of their respective companies. Except for historical information contained herein, the matters set forth in this news 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. that involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and uncertainties include such, the level of competition for the company's products and services, our ability to meet contractual commitments with our customers, and the ability to meet the technical requirements of our customers. Investors are also directed to consider a more detailed description of risks and uncertainties facing the company discussed in documents filed by the company with the Securities and Exchange Commission. |
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