CRT's Ace Optics Division Announces Licensing Agreement with Mississippi State University.Business Editors Ace Optics (www.aceoptics.com), a division of CRT (1) (C RunTime) See runtime library. (2) (Cathode Ray Tube) A vacuum tube used as a display screen in a computer monitor or TV. The viewing end of the tube is coated with phosphors, which emit light when struck by electrons. Corp., today announced that the company has received licensing approval from Mississippi State University Mississippi State University, at Mississippi State, near Starkville; land-grant and state supported; coeducational; chartered 1878 as an agricultural and mechanical college, opened 1880. From 1932 to 1958 it was known as Mississippi State College. for its Collegiate Eyewear Line. CRT recently acquired Ace Optics from Internet Business's International Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :IBII)(www.ibui.net) through a stock purchase agreement. Wade Whitley, president of Ace Optics said: "We are eager to begin manufacturing Mississippi State University licensed eyewear as a result of this agreement, which opens the door for us to complete talks with the major national chains and solidify our distribution channels. "Our Collegiate Eyewear Line is nearing completion and we expect to add other universities within the next four weeks. This initial agreement provides opportunities for our company and its investors." The Collegiate Eyewear Line offers consumers the ability to show their school spirit in a whole new way, through logo eyewear, eyewear retainers, visor clips, micro cleaning cloths and sunglasses sunglasses A tinted pair of glasses used to ↓ light arriving at the eye, which are labeled according to the amount of UV light blocked; nonprescription glasses are classified according to use and amount of UV radiation blocked Sunglasses . About CRT CRT's operating division, Ace Optics, has two locations 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. and is currently selling sunglasses from its retail location and over the Internet at www.aceoptics.com and recently announced its collegiate line of products. 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. Statement Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Acts of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. |
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