CYBEX TO LAUNCH EUROPEAN FACILITY IN SHANNON, IRELAND.HUNTSVILLE, Ala ALA aminolevulinic acid. Ala alanine. ala (a´lah) pl. a´lae [L.] a winglike process. .--(BUSINESS WIRE)--June 27, 1996--CYBEX Computer Products Corporation (Nasdaq/NM:CBXC) today announced that it has selected Shannon, Ireland, for its European distribution and manufacturing facility. The Company has reached an agreement in principle with The Shannon Development This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. Authority for the new facility to be located in the Shannon Free Trade Zone. The definitive agreement is subject to final negotiations and document execution. "The Shannon facility will provide our customers with an improved level of support and service," stated Stephen F. Thornton, president and chief executive of Cybex Computer Products Corporation. "We believe our location within the fast growing markets in the European Community European Community: see European Union. European Community (EC) Organization formed in 1967 with the merger of the European Economic Community, European Coal and Steel Community, and European Atomic Energy Community. will also provide Cybex with increased opportunities to penetrate these markets and to develop new marketing channels. "The market for computers in the E.C. is as large as the U.S. market and is growing at a faster rate. Last year, our international sales rose 85%, largely due to our sales to Europe. We are very excited about the future potential of establishing a presence in this market. "We plan to have the Shannon facility operational in our third fiscal quarter which begins September 1, 1996, in keeping with our original timetable. We have been very fortunate to work with the Shannon Development Authority on this new facility. Their cooperation and positive approach to new business was instrumental in our decision to locate in Ireland," concluded Mr. Thornton. Cybex provides connectivity solutions in support of PC, SUN and Macintosh computing platforms See platform. . The Company's principal products include KVM (K Virtual Machine) A version of the Java Virtual Machine for small devices with limited memory. See J2ME. See also KVM switch. KVM - Keyboard Video Mouse (keyboard/video monitor/mouse) switching systems Switching systems (communications) The assemblies of switching and control devices provided so that any station in a communications system may be connected as desired with any other station. , peripheral extension and expansion products and phone activated power control systems. CONTACT: Cybex Computer Products Corporation, Huntsville Stephen F. Thornton, 205/430-4000 |
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