Compression Announces European WARP IV FRAMEMASTER Product Launch.EDMONTON, Alberta--(BUSINESS WIRE)--Sept. 9, 1996-- COMPRESSION (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). : CTE) Compression Communications Corporation (CCC CCC A very speculative grade assigned to a debt obligation by a rating agency. Such a rating indicates default or considerable doubt that interest will be paid or principal repaid. Also called Caa. ), a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Compression Technologies Inc. (CTE.ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. ) is pleased to announce details on the product launch of the new WARP IV FRAMEMASTER product in Europe. The WARP IV FRAMEMASTER provides for payload compression and encryption for frame relay networks. The product launch is a coordinated effort between CCC and its European distributors and is targeted at financial and institutional frame relay networks as well as frame relay service providers. There are two important elements to the product launch. The first is developing product awareness by displaying the WARP IV FRAMEMASTER at significant industry trade shows: NETWORLD+INTEROP - Paris October 8, ORBIT -Zurich, October 6-13, SYSTEMS 96 MUNICH, October 20-23. The second portion of the strategy is the coordination of customer evaluations of the WARP IV with strategic clients. CCC Swiss distributor, MDC (1) (Mobile Daughter Card) See riser card. (2) See Meta Data Coalition. Percom has scheduled an evaluation with a major Swiss bank and a Swiss provider of frame relay network services. CCC Munich distributor, DDS (1) (Digital Data Storage) See DAT. (2) (Data Dictionary System) See QuickBuild and OpenDDS. (3) (Dataphone Digital S has scheduled an evaluation with a major German industrial company. CCC French distributor, CXR CXR abbr. chest x-ray CXR, n chest x-ray; an image of the thoracic cavity, produced by an irradiation scan of the upper torso. has scheduled an evaluation with French industrial network users. Due to the high bandwidth costs in Europe, CCC expects the WARP IV product to be well received. Compression Technologies Inc provides a family of data link optimization products that, through data compression, deliver on average four times the throughput normally available on existing data links, and provides encryption at the same time for security of data. The common shares of CTE trade on the Alberta Stock Exchange. Corporate and product information may be obtained on the Internet's World Wide Web at www.compression.com or by contacting Randy Pointkoski at 7141 77th Avenue, Edmonton, Alberta, T6B 0B5 Phone 403 463 5310; Fax 403 465 2113; Toll free 800 661-WARP (9277) -0- The Alberta Stock Exchange has neither approved nor disapproved the information contained herein. CONTACT: Compression Technologies Inc. Randy J. Pointkoski, 403/463-5310, 403/465-2113 (Fax) randy@compression.com (Internet) |
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