Computer Automation Systems Inc. Announces New Product Line and Sales Initiatives, Expects Benefits in Q4 and 2001.Business Editors & High-Tech Writers PLANO, Texas--(BUSINESS WIRE)--Aug. 28, 2000 Computer Automation Systems Inc., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CASX) a telecommunications industry systems integrator, today announced its new "off-the-shelf" NEBS-400(TM) product line. The NEBS-400(TM) products are quality tested and will be certified to meet National Equipment Building Standards (NEBS). The company anticipates marketing this line to existing customers and to other telecommunications companies See telecom company. . The NEBS-400(TM) line, which will include a Sun multi-processing system, two Sun single-processing systems and a family of Intel products, will be rolled out over the next 12 months. Computer Automation is also designing a commercial line of compact rackmount "1U" chassis ("1U" equals 1.75 inches of vertical rack space) for Internet service providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. (ISPs). These low profile Sun servers, which will provide an inexpensive gateway for ISPs, will support WindowsNT(TM), Sun Solaris(TM) and LINUX. Mike Cherry, president and 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 Computer Automation, announced that the company had delivered OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and evaluation units to several potential new customers which are evaluating these Sun Micro-System and Intel computer platforms. The acceptance of any of these evaluation units by any of these potential customers could positively impact fourth quarter revenues. Also in the fourth quarter, the company expects to ship products based on its recently signed manufacturing rights agreement. Computer Automation Systems Inc. designs and manufactures custom rackmount and industrial computer applications primarily for the telecommunications industry. The company provides in-house engineering to provide innovative, customized hardware and software applications to meet non-standard customer specifications and requirements. Computer Automation Systems Inc. specializes in the development of National Equipment Building Standards (NEBS) certified, Sun and Intel microprocessor-based, fault-tolerant systems Fault-tolerant systems Systems, predominantly computing and computer-based systems, which tolerate undesired changes in their internal structure or external environment. for the telecommunications industry. "NEBS" is a telecommunication industry design standard for manufacturing telecommunications applications equipment. 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 This news release contains certain "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the company believes the expectations reflected in such 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. are reasonable, it can provide no assurance that results will meet or exceed such expectations. All brand names mentioned herein are trademarks of their respective owners. |
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