Centennial Technologies, Inc. announced it received an order for approximately $10 million from Infos International, Inc.BILLERICA, Mass.--(BUSINESS WIRE)--MAY 28, 1996--CENTENNIAL TECHNOLOGIES, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (AMEX AMEX See: American Stock Exchange : CTN ctn abbr. cotangent ) announced today the Company has received an order valued at approximately $10 million from Infos International, Inc. to supply data collection products. Delivery of these products is anticipated to be completed over the next twelve months. Mr. Uri Levy, President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of CENTENNIAL TECHNOLOGIES, INC. commented, "CENTENNIAL plans to utilize the Far East plant of its joint venture to satisfy a significant portion of the delivery requirements of this order. Infos International, Inc. is one of the leading suppliers of intelligent hand held data collection equipment for route accounting, shop floor data collection and field service. We believe that Infos International, Inc. chose CENTENNIAL based on how our manufacturing expertise and quality programs meet their needs." Infos International, Inc. is a private Company located in Torino, Italy with offices located throughout Europe. CENTENNIAL TECHNOLOGIES, INC. designs, manufactures and sells an extensive line of PCMCIA cards used in industrial applications and portable computers, and Flash SIMM Modules used in embedded applications. "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: This release contains forward looking statements including, but not limited to, product delivery dates, and the existence and utilization of a manufacturing facility in the Far East. These circumstances and events are subject to numerous risks and uncertainties, including but not limited to, cancellation or delays in delivery dates, availability of adequate supplies, production difficulties and satisfaction of the customer's quality requirements. CONTACT: Centennial Technologies, Inc., Billerica James M. Murphy, (508) 670-0646 or L.G. Zangani, Flemington, N.J. Linda Decker, (908) 788-9660 |
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