Cole Computer Corporation To Enter Server Market Using Its Strategic Alliance With The Iwill Corporation.Business Editors & Technology Writers OKLAHOMA CITY--(BUSINESS WIRE)--March 16, 2000 Cole Computer Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :COLV), an Oklahoma City-based manufacturer of personal computers, announced today its strategic alliance with the Iwill Corporation to offer servers to the general public as well as the Government with intent to add to the Federal Supply Schedule (GSA (1) (Global mobile Suppliers Association, Sawbridgeworth, U.K., www.gsacom.com) A membership organization of suppliers of GSM products and services. Its goal is to promote GSM as the worldwide mobile communications standard. See GSM Association and GSM. ) Government Services Administration contract. On March 14, 2000, Cole Computer Corporation ("Cole") entered into a strategic alliance with the Iwill Corporation, http://www.iwillusa.com, a major manufacturer of motherboards and I/O devices for computer systems, for the purpose of network server research and development as well as offering a quality server line to everyone from the general public to the GSA. Three main server units will be designed; an introductory, an intermediate and a high-end system. Each Cole server will feature the Iwill motherboard. In 1999 the network server market for 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. exceeded revenues of $25 billion. "Iwill Corporation is excited to be involved in this strategic partnership with Cole Computer Corporation. Delivering technologically superior products to the server market is a shared vision of both our companies," says Adam Chou, general manager of Iwill USA Corporation. "The Iwill strategic alliance allows Cole Computer Corporation to expand into an additional multibillion dollar market and further position the Company for continued growth. This is a significant addition to our current product line," stated Brad Cole, 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 Cole Computer Corporation. Cole Computer Corporation manufactures and sells wholesale and retail, "Ready-to-Go" and customized personal computers. Each system is manufactured with quality components and given the Cole Computer personal touch. Additionally, the company sells components to repair, upgrade or build complete personal computers. For more information on these goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. , visit the Cole Computer e-commerce Web site at http://www.okcmasters.com, the Cole Computer home page at http://www.colecomputercorp.com or one of the company's 11 retail outlets operating under the trade name "Computer Masters" in Oklahoma, Arkansas and "Your Computer Masters Store" In Texas. Cole Computer's corporate strategy combines the custom-designed to your specifications, Dell Computer (Nasdaq:DELL) model with the "small town" America Wal-Mart (NYSE NYSE See: New York Stock Exchange :WMT (Windows Media Technologies) See Windows Media. ) approach, coupled with personalized service. Except for factual information contained herein, certain matters set forth in this press release 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 are subject to uncertainties, including, but not limited to, government regulation, taxation, spending, competition, general economic conditions and other risk factors. For additional information concerning Cole Computer Corporation, please contact our investor relations Investor relations The process by which the corporation communicates with its investors. representative, Juan Ferreira of Corporate Image Bureau, at 407/774-1529. You may also visit our Web site at http://www.colecomputercorp.com. Quote for referenced ticker symbols: COLV.OB. |
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