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Chronicle Communications Announces Expansion.


CAIRO, Ga.--(BUSINESS WIRE)--Aug. 17, 1998--John V. Whitman Jr., President of Chronicle Communications, Inc., (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
: CRNCD) announced today a plan for major expansion of it's shopper division throughout the state of Georgia. Over the next several months the Company plans to expand it's main stream shopper product into twenty major markets throughout Georgia.

The announcement came with news that the Company is closing its direct mail shoppers in both Grady County Grady County is the name of two counties in the United States:
  • Grady County, Georgia
  • Grady County, Oklahoma
 and Crisp County. Beginning September 1, 1998, the Company will move its Grady County product to Thomas County, Georgia Thomas County is a county located in the U.S. state of Georgia. As of 2000, the population was 42,737. The county's slow but steady growth is evident with a population of 43,692 according to the 2005 U.S. Census Estimate [1]. . The Company's Crisp County product will now serve Sumter County Sumter County is the name of four counties in the United States:
  • Sumter County, Alabama
  • Sumter County, Florida
  • Sumter County, Georgia
  • Sumter County, South Carolina
. "We are only going to serve those communities that have a business base strong enough to support our products. We had to take a hard look at where revenues came from and the decision became clear. We will be aggressively hiring additional staff for our new publications, and we will be adding several graphic designers at our centralized production department," said Whitman.

Whitman, who brought the news--shopper concept to South Georgia South Georgia, island, c.1,450 sq mi (3,760 sq km), S Atlantic Ocean, c.1,200 mi (1,930 km) E of Cape Horn. A dependency of the Falkland Islands from 1908 to 1985 (along with the South Sandwich Islands, a group of nine small, volcanic islets c.  said, "I will really miss all of the wonderful things we were able to provide for the youth of Crisp and Grady Counties. We have provided these communities with tremendous coverage of local news, sports and happenings. Our decision to move is a simple matter of economics, we are moving to communities that are building new business and industry."

Chronicle Communications is looking at several possible acquisition candidates and expects to close one or two over the next month or so. "We are aggressively looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 profitable print Media Company's that have synergism synergism /syn·er·gism/ (sin´er-jizm) synergy.

syn·er·gism
n.
Synergy.


synergism
 with our existing product mix," said Whitman.

The Company is making major strides in the development of its World Wide Web Business. "We have devoted a tremendous amount of time and money on our Internet technology. Our objectives are clear, 'we are going to make money with the Internet' and announcements will come soon on Chronicle's Internet product line," said Whitman.

    CONTACT: Chronicle Communications, Inc., Cairo
              John V. Whitman Jr., 912/377-2111
               company website: http://www.chronicleinc.com
                                or
              Columbia Financial Group, Inc. (Brokers/Analysts)
              888/301-6271
               company website: http://www.cfgstocks.com


COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Article
Geographic Code:1USA
Date:Aug 17, 1998
Words:358
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