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CRT's Ace Optics Division Begins Production for Five Additional Universities of the Collegiate Eyewear Line.


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. (Pink Sheets:CRTI CRTI Centre de Recherche en Technologie de l'Information (French)
CRTI CBRN (Chemical, Biological, Radiological Nuclear) Research and Technology Initiative (Canada) 
) today announced that the company has begun production for the University of Tennessee The University of Tennessee (UT), sometimes called the University of Tennessee at Knoxville (UT Knoxville or UTK), is the flagship institution of the statewide land-grant University of Tennessee public university system in the American state of Tennessee. , Ole Miss, Auburn University, University of Arkansas The University of Arkansas strives to be known as a "nationally competitive, student-centered research university serving Arkansas and the world." The school recently completed its "Campaign for the 21st Century," in which the university raised more than $1 billion for the school, used  and the University of Alabama The University of Alabama (also known as Alabama, UA or colloquially as 'Bama) is a public coeducational university located in Tuscaloosa, Alabama, USA. Founded in 1831, UA is the flagship campus of the University of Alabama System.  in addition to 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.  of the Collegiate Eyewear Line.

The Collegiate Eyewear Line offers consumers the ability to show their school spirit in a whole new way, offering logo eyewear retainers, visor clips, micro cleaning cloths and sunglasses, and will be distributed on campus stores and on the Internet.

Wade Whitley, President of Ace Optics said: "This gives us five more of the schools of the Southeastern Conference, and we expect others to follow shortly. We are entering a potentially highly profitable period with our sales force in place and our distribution channels nearing completion with major national retailers close to a commitment to carry our products. The exciting part is that we are already receiving request for many of the universities that will be future additions. We have also completed agreements with sales representatives that will cover 17 states, insuring that our national accounts will have excellent customer service."

About CRT

CRT Corp. operating division Ace Optics has 2 locations in the US 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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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 18, 2002
Words:324
Previous Article:IBII Sets August 30, 2002 As Date of Distribution For Shares In CRT Corporation.
Next Article:Aviall Second Quarter Net Earnings Jump 118 Percent On Revenue Increase of 44 Percent.



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