Cumetrix Announces Promotional Campaign and Launch Schedule for Suredeals.com.INDUSTRY, Calif.--(BUSINESS WIRE)--March 31, 1999--Cumetrix Data Systems Corp. (Nasdaq:CDSC See Contingent deferred sales charge. ) Wednesday Wednesday: see week. announced that it is in final stages of programming the launch of a public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most campaign to coincide with the new opening date of its online stores (Suredeals.com), scheduled for the third week of April 1999. Max Toghraie, chief executive officer of Cumetrix, stated: "Due to the expanded scope of the project as well as the time required in coordinating various aspects of the promotional activities for the new sites, we have extended the launch date of the online stores by nearly three weeks." Toghraie continued: "As previously announced, we are planning the roll-out in several phases beginning with the computer-related products and subsequent addition of new categories in travel, optical as well as other products and services currently under consideration." He continued: "Since the formation of our wholly owned Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the subsidiary in mid-January, we have successfully leveraged our existing relationships to further the internal transition of the company as well as the organizational development of Online Transaction Technologies Inc." He concluded: "We are very excited about our progress and the new course and strategic direction of Cumetrix as we continue to develop and broaden the range of products, services and e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. solutions to be offered through various divisions of our Internet subsidiary." Cumetrix Data Systems (Nasdaq:CDSC) is a national provider automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. custom configuration and component distribution services. Through Internet Data Exchange An Internet Data Exchange (IDX) is a real estate property search site which allows the public to conduct searches of approved Multiple Listing Service properties in a certain area. Site users generally gain the benefit of anonymous property searching and review. (Interdax), its wholly owned Internet subsidiary, the company has invested in and operates various Internet- related ventures. The company has headquarters in City of Industry. With the exception of historical information, certain statements in this news 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 involve risks and uncertainties including success of the marketing and promotional programs and subsequent market acceptance of Suredeals.com, timely release of the e-commerce sites and continued formation of various alliances by the company. Actual events or results may differ materially from the company's expectations due to various factors. The risks highlighted herein should not be assumed to be the only things that could affect the future performance of the company. Additional explanation of these factors and other factors affecting the company's performance are set forth from time to time in the company's filings with the U.S. Securities and Exchange Commission. |
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