Chromatics Color Sciences International makes announcement.NEW YORK--(BUSINESS WIRE)--Dec. 17, 1996--Chromatics Color Sciences International 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 :CCSI CCSI Computer & Control Solutions, Inc CCSI Cisco Certified Systems Instructor (training qualification) CCSI Canadian Centre for Swine Improvement CCSI Contemporary Control Systems, Inc CCSI Channel Coding with Side Information ) has entered into an agreement with Gordon Laboratories, whereby CCSI has granted a license to Gordon Laboratories for its Colormate II (TM) systems and related proprietary technology for custom blended foundation cosmetic products in the Retail Specialty Store Noun 1. specialty store - a store that sells only one kind of merchandise shop, store - a mercantile establishment for the retail sale of goods or services; "he bought it at a shop on Cape Cod" Market. The terms of the Agreement include a joint development of the Custom Blended Foundation System for use by specific Gordon National Retail Chain customers during a six month marketing program. If certain performance requirements are met during this program, the parties intend to negotiate extensions of their agreement for national distribution of the Systems and proprietary technology, which would include exclusive license grants by Chromatics chro·mat·ics n. (used with a sing. verb) The scientific study of color. chro ma·tist n. to Gordon in the Retail Specialty Store Market for minimum annual royalties paid to Chromatics from the joint venture in addition to further split of profits based on revenues. Gordon Laboratories, Inc. is a 60 year old formulator and manufacturer of treatment products for the personal care market. As a private label, contract manufacturer specializing in skin care formulations, the company makes a wide range of products for a number of major U.S. Marketers and Specialty Retailers whose products are sold in the leading retail stores and Spa Clubs around the world. Gordon Laboratories maintains a fully staffed development lab and manufacturing facility in El Segundo El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and , Calif. Chromatics Color Science is engaged in the business of color not of the white race; - commonly meaning, esp. in the United States, of negro blood, pure or mixed. See also: Color science, including the scientific color measurement and classification of human skin, certain color-sensitive consumer products, and in determining the color compatibility of such skin and product color classification for use in a variety of industries including the cosmetic, beauty aid and fashion industries as well as technology development for potential medical applications involving the detection and monitoring of certain chromogenic chro·mo·gen·ic adj. Of or relating to a chromogen or to chromogenesis. chromogenic (krō´mōjen´ik), adj pertaining to color production. diseases. The company's common stock and warrants are traded on NASDAQ under the symbols "CCSI" and "CCSIW" respectively. Certain of the matters discussed are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve material risks to and uncertainties in the company's business which may cause actual results to differ materially from those anticipated by the statements made herein. Such risks and uncertainties include, among other things, the availability of any needed financing, the company's ability to implement its long range business plan for various applications for its technologies, the impact of competition, the obtaining of and compliance with regulatory approvals applicable to proposed application of the company's technology, management of growth and other risks and uncertainties that may be detailed from time to time in the company's reports filed with the Securities Exchange Commission, including those set forth in its annual report on Form 10-KSB. CONTACT: Chromatics Color Sciences International Inc. Darby S. Macfarlane MacFarlane or Macfarlane is a surname shared by:
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