Cobra Technologies Moves to New Headquarters.CORAL SPRINGS Coral Springs, city (1990 pop. 79,443), Broward co., SE Fla.; inc. 1963. Largely residential, it is a city that has grown rapidly along with the southern Florida and Fort Lauderdale area. The population of Coral Springs nearly doubled between 1980 and 1990. , Fla.--(BUSINESS WIRE)--May 20, 1999-- Cobra Technologies, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:CBRA CBRA California Biomedical Research Association CBRA Coastal Barrier Resources Act of 1982 (US) CBRA Canadian Book Review Annual CBRA Canadian Biosphere Reserves Association CBRA Canadian Broadcasters Rights Agency ) announced today that the Company will move into its new corporate headquarters in Boca Raton, Florida Boca Raton ("bōkə rə-tōn") is a city in Palm Beach County, Florida incorporated in May 1925. As of the 2000 census, the city had a total population of 74,764; the 2006 population recorded by the U.S. Census Bureau was 86,396. on May 24, 1999. Commenting on the announcement, Michelle Michalow, Chief Information Officer, Cobra Technologies said, "Our new offices are being outfitted with the latest in telecommunications and will allow us to better communicate with our subsidiary companies, partners and personnel in markets across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , and abroad. The new corporate headquarters will additionally showcase the technical expertise of Cobra's divisions in a manner consistent with their efforts to take full advantage of synergies. Functionality is the key at this juncture and the offices in Boca Raton will reflect our commitment to efficiently operate profitably." Cobra Technologies, Inc. is a management company involved in the acquisition and consolidation of information technology business. By acquiring synergistic businesses in niche markets within the industry, Cobra's goal is to create and enhance shareholder value. Company businesses are involved in network planning, incorporating design, installation, management and integration; systems engineering development; computer based training and education solutions; e-commerce solutions; and Internet and Intranet systems. By acquiring businesses with a track record of performance and profits, and by more tightly integrating their management, technical strengths, and markets, Cobra expects to achieve performance efficiencies and earn above-average returns on increasing revenues. Forward-looking statements in this release are made pursuant to the "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. " provisions of 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. Forward-looking statements are based on current management expectations that involve risks and uncertainties that may result in such expectations not being realized. Potential risks and uncertainties include, but are not limited to, the risks described in filings with the Securities and Exchange Commission. |
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