Clancy Systems International, Inc. Signs New Clients.Business Editors DENVER--(BUSINESS WIRE)--Feb. 12, 2003 Clancy Systems International, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CLSI CLSI Clinical and Laboratory Standards Institute (Wayne, PA) CLSI Cisco Link Services Interface ) adds new clients to its parking programs. Mountain Village, CO, has signed a contract with Clancy for a complete parking citation Citation (foaled 1945) U.S. Thoroughbred racehorse. In four seasons he won 32 of 45 races, finished second in ten, and third in two. He won the 1948 Triple Crown, and became the first horse to win $1 million. He set a world record in 1950 by running a mile in 1:33 3/5. issuance and processing system. The city is excited to offer Clancy's Remit-online.com payment services for its citizens and visitors as a convenience. Loudoun County, VA, has installed a complete ticket issuance program for its jurisdiction in the Leesburg and Sterling Virginia Virginia, state, United States Virginia, state of the south-central United States. It is bordered by the Atlantic Ocean (E), North Carolina and Tennessee (S), Kentucky and West Virginia (W), and Maryland and the District of Columbia (N and NE). areas. The program streamlines its operations and increases the ability to generate revenues for the county. In the past few weeks, Clancy has introduced a new program to its clients. The company is offering services to scan parking tickets for its clients with its high-speed scanning equipment. The program totally eliminates key punch A key punch is a device for entering data into punched cards by precisely punching holes at locations designated by the keys struck by the operator. Early keypunches were manual devices. processes for cities that use this service. Arlington County, VA, was the first client to take advantage of the program and other clients are eager to add this program to their services. In an agreement between California Municipal Technologies, Inc (CMTI CMTI Clean Manufacturing Technology Institute CMTI Central Machine Tools Institute (Bangalore, India) ), a company that Clancy has had a long-term relationship with, and Clancy's retired Chairman of the Board, Robert M. Brodbeck, CMTI has acquired 26,510,000 of Brodbeck's shares. Under the terms of the purchase agreement, all SEC restrictions and rule 144 regulations apply to the transfer. In addition, Brodbeck has agreed to refrain from selling any of the remainder of his shares for a period of one year. "In my opinion, the transfer of stock from Brodbeck to CMTI should have a positive effect on shareholder value. The pressure of the regular sales (Stock Exchange) sales of stock deliverable on the day after the transaction. See also: Regular by Brodbeck over the past few years has had a negative effect on share price. CMTI's interest in Clancy is welcome and presents a positive endorsement of Clancy. We are interest in working with CMTI to further our mutual business opportunities," said Stanley Wolfson, Clancy's president. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion