CORRECTING and REPLACING Optimal Robotics Corp. to Purchase RBA Inc. Service Business.Business Editors/High-Tech Writers CORRECTION ... by Optimal Robotics Corp. MONTREAL--(BUSINESS WIRE)--Sept. 8, 2003 In BW5859, (OPTIMAL-ROBOTICS) third graph, fourth line should read xxx approximately CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. $41.0 million (sted xxx approximately CDN$41.0). The corrected release reads: OPTIMAL ROBOTICS CORP. TO PURCHASE RBA RBA Rare Bird Alert RBA Reserve Bank of Australia RBA Run Book Automation RBA Rochester Business Alliance RBA Rights-Based Approach RBA Royal Brunei Airlines (ICAO code) RBA Relative Byte Address RBA relative binding affinity INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . SERVICE BUSINESS Optimal Robotics Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : OPMR OPMR Optimal Robotics Corporation (stock symbol) ), a leading North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. provider of self-checkout systems and field service to retailers, announced today that it has signed a letter of agreement for the purchase of substantially all of the assets of RBA Inc. RBA Inc. is Canada's largest independent service company. The acquisition of RBA Inc.'s service assets will enable Optimal Systems Services (OSS Oss (ôs), city (1994 pop. 62,141), North Brabant prov., S Netherlands; chartered 1399. It is a significant industrial center. Manufactures include meat products, chemicals, pharmaceuticals, electrical equipment, and metalware. ), Optimal's growing service division, to expand its resources, expertise and service offering in Canada. Headquartered in Montreal, RBA is the largest independent Canadian provider of multi-vendor hardware maintenance outsourcing services, with over 350,000 sites being serviced and annual revenues of approximately CDN$41.0 million. RBA delivers its maintenance services through various business segments, including Interac/Credit Card POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale systems, Video Lottery and Bring-In Centers. RBA provides its services through a network of approximately 35 branches and 550 employees. "We are pleased with the prospect of joining Optimal," said Richard Besner, Founder and President of RBA Inc., "the partnership will enable us to further grow and expand our network." "The addition of RBA will make it possible for Optimal Systems Services to provide a much broader level of service, including greater service coverage to our Canadian customers," said Frank Alcaraz, Vice-President of Operations for Optimal. Over the past eighteen months, Optimal Systems Services has expanded its hardware and software maintenance services in the U.S. The acquisition of RBA will facilitate the expansion of OSS in Canada. Optimal's service division provides technical support and service to customers through a network of field offices and hubs linked to a national dispatch and advisory center operating 24/7. In addition to servicing the needs of its self-checkout customers, OSS provides hardware maintenance support for third-party accounts. Optimal expects to complete this transaction on or before September 30, 2003, and looks forward to announcing the final terms of the acquisition. About Optimal Optimal Robotics Corp. is a leading provider of self-checkout systems and field service to retailers in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . For more information about Optimal, visit the company's website at www.opmr.com. About RBA Inc. RBA is the largest independent service company in Canada. RBA has developed its own information system, including a service call management system and an inventory management system. RBA offers customers a wide range of business solutions. For more information about RBA, visit the company's website at www.rba.net. This news release contains 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. based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. These forward-looking statements may include projecting revenue and profit growth, and statements expressing comfort with analysts' earnings estimates. These forward-looking statements are based on current expectations and assumptions and involve known and unknown risks and uncertainties that could cause Optimal's actual results to differ materially. These risks and uncertainties include price and product competition, dependence on new product development, reliance on major customers, customer demand for our product and services, control of costs and expenses, domestic and international growth, general industry and market conditions and growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. and general domestic and international economic conditions including interest rate and currency exchange rate fluctuations. For a further list and description of such risks and uncertainties, see the reports filed by Optimal with the Securities and Exchange Commission. Optimal disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. |
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