Celerity and Kidston Communications Win First Pennsylvania Sale; Sage Technology Solutions, New Distributor, Demonstrates Prowess.Business Editors & Technology/Education Writers KNOXVILLE, Tenn.--(BUSINESS WIRE)--May 3, 2002 Celerity ce·ler·i·ty n. Swiftness of action or motion; speed. See Synonyms at haste. [French célérité, from Old French, from Latin celerit Systems, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CESY), their national distributor for education, Kidston Communications, and their new distributor for Pennsylvania, Sage Technology Solutions, Inc., have announced their first sale of a Celerity DigiKnow Digital Education System to the Capital Area Intermediate Unit (IU) in Summerdale, Pennsylvania Summerdale is a census-designated place located in East Pennsboro Township, Cumberland County, Pennsylvania. As of the 2000 census, the CDP had a total population of 479. Central Pennsylvania College and the Capital Area Intermediate Unit are located in Summerdale. . The Capital Area Intermediate Unit is a consortium of twenty-four school districts which provides a wide range of services. This system will be used as part of a wide area network (WAN) which could include services such as digital media delivery, telemedicine applications and emergency management planning. "We are pleased, of course, to have our first system in Pennsylvania," said Kenneth Van Meter Van Meter may refer to:
"We knew when we first met the team at Sage Technology Solutions that they really had a handle on this market," said Edward Kidston, President of Kidston Communications, "but this is proof positive. Their reputation for quality and value have given them entree to companies from the smallest to the largest, and in the public and private sector. They are a great representative of our products, but also of the way we like to do business. With this strong start, we expect to do a lot more business together." "We work with almost all of the best companies in the country, such as Cisco, Sharp, and Avaya," said Dan Rohrer, President of Sage, "and no one has given us better products or support than Celerity and Kidston Communications. We believe that there is a large untapped market for these products in Pennsylvania, not only in schools but in communities, hospitality, hospitals, and assisted living as·sist·ed living n. A living arrangement in which people with special needs, especially older people with disabilities, reside in a facility that provides help with everyday tasks such as bathing, dressing, and taking medication. facilities, and we expect to do very well working together." Celerity Systems is a provider of advanced digital set top boxes and video servers for interactive television and high-speed Internet See broadband. . Key markets include schools, energy companies, hospitality, hospitals and assisted living, multihousing, telcos, and enterprise applications. Celerity can also provide digital content for entertainment and education applications, including over 1300 digital video titles. Kidston Communications is a provider of leading edge hardware, software, systems, and services to the education industry, and is the national distributor for Celerity Systems, Inc., in the education market 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. . Sage Technology Solutions, Inc. is a full service technology and communication solutions provider specializing in voice systems, certified premise wiring, internetworking solutions, healthcare and education specific communication systems and professional sound and multimedia systems. 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 under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission. |
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