ChatCom announces major push into international markets.CHATSWORTH, Calif.--(BUSINESS WIRE)--March 18, 1997-- Significant international sales opportunities for ChatCom's consolidated server A multiprocessor computer system consisting of several rack-mounted or modularized CPU boards that use fault tolerant components and share disk storage. SMP versions share a common memory pool. technology ChatCom Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CHAT), a leading manufacturer of highly managed consolidated server products, Tuesday announced the development of a sales and marketing strategy intended to significantly increase sales of its consolidated server technology into existing and emerging markets in the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. , Asia, Australia, Europe and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . "Promoting ChatCom's Consolidated Servers internationally is part of our strategy to achieve a 50/50 sales balance between U.S. sales and international sales," said Jim Mariner, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ChatCom. "Some of our most exciting business opportunities are with international companies that have the budget for network growth, but do not yet have the infrastructure in place. These companies recognize the benefits of implementing a computer infrastructure by deploying consolidated server architectures." Many analysts see the international sales for Internet, intranet and other communication servers hardware as easily doubling each year for the next several years, representing more than $5 billion in total server hardware sales by 1999. Many international companies, learning from the mistakes of large U.S. companies, are deploying technology that can more easily adapt to changing environments so prevalent in the newer Internet and intranet markets. Founded in 1982, ChatCom is a leading supplier of award-winning managed, consolidated application and communication server systems to Fortune 1000 companies worldwide. Located in Chatsworth, ChatCom is publicly held and traded on NASDAQ under the symbol CHAT. ChatCom can be reached at 800/456-1333 or on the Web at http://www.jlchatcom.com . -0- NOTE: 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: Except for the historical information contained herein, the matters discussed in the news release are forward- looking statements, which involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the revenues, operations, markets, products, prices and other factors discussed in the company's various filings with the Securities and Exchange Commission. CONTACT: ChatCom Inc., Chatsworth John Lillywhite John Lillywhite (born 10 November 1826 in Hove, Sussex; died 27 October 1874 in St Pancras, London) was a famous English cricketer during the game's roundarm era. John Lillywhite was part of a famous cricketing family, his father being William Lillywhite, a brother being , 800/456-1333 jlillywhite@jlchatcom.com |
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