Commonwealth Bank Renews Longstanding Relationship With ATX.Business Editors ATX See ATX motherboard. (hardware, standard) ATX - An open PC motherboard specification by Intel. ATX is a development of the Baby AT specification with the motherboard rotated 90 degrees in the chassis. , a leading integrated communications provider and a subsidiary of CoreComm Holdco, Inc. (Nasdaq: COMMD COMMD Communications Deception ), announced today the extension of its relationship with Commonwealth Bank for another two years. ATX is providing Commonwealth Bank, a customer since 1991, with inter-exchange carrier (communications) inter-exchange carrier - (IXC) A company allowed to handle long-distance calls following the break-up of the Bell system in the US by anti-trust regulators. and inbound 800 services for 60 locations in the Greater Philadelphia region, including dedicated inter-exchange carrier services at its headquarters in Norristown, PA and an office in Reading, PA. The Norristown and Reading sites are each supplied with high bandwidth capacity facilities (fractional T1 lines) for their Internet connectivity. ATX has also implemented a backup network for Commonwealth for redundancy purposes and disaster recovery. "Throughout our relationship with ATX, we have enjoyed personal account management, including a unique consultative sales approach and frequent interaction with our Consultant and Client Care Specialist," states Jennifer Stevens, Telephone Systems Analyst for the bank. "We are very satisfied with the service being provided by ATX, and we look forward to continuing to partner with them." Commonwealth Bancorp, Inc. (Nasdaq: CMSB CMSB Confédération Mondiale des Sports de Boules ), with consolidated assets of $1.8 billion, is the holding company for Commonwealth Bank, which has 60 branches throughout southeast Pennsylvania. About ATX Founded in 1985, ATX is a subsidiary of CoreComm Holdco, Inc., a facilities-based integrated communications provider offering local exchange carrier and inter-exchange carrier telephone, Internet, e-business, high-speed data, and wireless services to business and residential customers in targeted markets throughout the Mid-Atlantic and Midwest regions of 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. . ATX/CoreComm currently serves approximately 400,000 business and residential customers. For more information on ATX, please visit www.atx.com. "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. " Statement under 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: In addition to the historical information presented, this release also includes certain 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. concerning the future development of the business. Such statements represent the Company's reasonable judgment on the future and are based on assumptions and factors that could cause actual results to differ materially. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in assumptions or changes in factors affecting such statements. |
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