Constellation 3D, Inc. -CFMD- Sets Goals 2000 - 2001.Business &Technology Editors NEW YORK--(BUSINESS WIRE)--Feb. 7, 2000 Constellation 3D, Inc. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. CFMD) (&uot;C3D&uot; or the &uot;Company&uot;) announced today that, after its recent technology staff meetings, it has set its goals and objectives for the following twelve month period. In addition to continuing its licensing and joint venture efforts through the year, it will focus on: (1) Working with the industry leaders to establish standards for three-dimensional optical data storage. (2) Establishing industrial facilities for development and refining the Fluorescent Multilayer Card Using the same 3D optical data storage technology as the fluorescent multilayer disc, the fluorescent multilayer card is a card containing a square shaped clear part which has multiple layers each with a different fluorescent material that reflects light at a different frequency (FMC See fixed mobile convergence. ) and Fluorescent Multilayer Disk (FMD FMD foot-and-mouth disease. ) media manufacturing technologies for mass production. (3) Developing first generation products FMC, ROM, 1-10 GB and FMD ROM, 47-140 GB. The target date for commencement of production is the second quarter of 2001. (4) Accelerate the development of second-generation products: FMC/D-R and FMC/D - R/W R/W Read/Write R/W Right-Of-Way R/W Rotary Wing (aviation) R/W Random Width R/W Reimbursable Work R/W Raw Weight . The Company has hired additional managerial staff to facilitate implementation of these goals. Constellation 3D, Inc. has offices in New York, Florida and California, and laboratories in Israel and Russia. Research is conducted by an internationally renowned team of scientists that currently holds over 50 international patents and patent applications in the field of optical data storage, an increase of over 10 patent applications from previous announcements. Statements contained in the news release that are not historical facts are forward-looking statements as that term is defined in 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. Such forward-looking statements are subject to risks and uncertainties, which may cause actual results to differ materially from expected results. THE SEC AND NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). HAVE NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. |
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