CybeRecord Appoints Government Marketing Director.Business Editors/High Tech Writers BELLEVUE, Wash.--(BUSINESS WIRE)--May 2, 2000 CybeRecord, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CYRD) announced today that it has appointed Peter Adler as marketing director of its automatic microfilm A continuous film strip that holds several thousand miniaturized document pages. See micrographics. Microfilm and Microfiche digitization dig·i·tize tr.v. dig·i·tized, dig·i·tiz·ing, dig·i·tiz·es To put (data, for example) into digital form. dig products to the government sector. Mr. Adler brings to this position more than 20 years of executive management experience in information technology (IT) sales and marketing to both the public and private sectors. He comes to CybeRecord from Unisys Corporation's Federal Systems Division, where he had sales responsibility for system integration and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. within the U. S. Department of State and special programs at the U. S. Social Security Administration, including a large-scale project to consolidate and automate SSA (Serial Storage Architecture) A fault tolerant peripheral interface from IBM that transfers data at 80 and 160 Mbytes/sec. SSA uses SCSI commands, allowing existing software to drive SSA peripherals, which are typically disk drives. remittance processing. "Peter's vast IT sales and marketing experience in the public sector is extremely valuable to CybeRecord's penetration of the government market, which represents approximately 25 percent of the company's potential business," said James Lucas, CybeRecord's chairman and chief executive officer. "The company will benefit tremendously from his knowledge of the government purchasing environment on all levels." Mr. Adler said that CybeRecord is ideally positioned to both alleviate and capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the extreme pressure government IT managers are experiencing on several fronts. "Both the Freedom of Information Act (FOIA (Freedom Of Information Act) A U.S. government rule that states that public information shall be delivered within 10 days of request. ) and the National Performance Review (NPR NPR In currencies, this is the abbreviation for the Nepal Rupee. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) put enormous demands on government agencies to quickly post on their Internet sites all pertinent information to which citizens are legally entitled, much of which is on microfilm. The NPR also requires these organizations to streamline operations. CybeRecord enables these institutions to swiftly and cost-effectively digitize To convert an image or signal into digital code by scanning, tracing on a graphics tablet or using an analog to digital conversion device. 3D objects can be digitized by a device with a mechanical arm that is moved onto all the corners. microfilmed records and share that data over the Internet, intranets, and extranets." CybeRecord's ScanServer -- the first economical, automatic, high-quality, and high-speed microfilm scanner -- facilitates digitization of a multitude of film formats into an agency-wide electronic database. It is the first microfilm scanner available on a monthly rental and overnight-replacement program, which allows departments to install as many scanners as necessary for the time they need them, with no capital expenditure and no worry about equipment breakdowns. In addition, ScanServer's push-button (electronics) push-button - A roughly fingertip-sized plastic cover attached to a spring-loaded, normally-open switch, which, when pressed, closes the switch. Typical examples are the keys on a computer or calculator keyboard and mouse buttons. operation does not require a high skill level; the scanner quickly and automatically converts even marginal-quality microfilm images to high-quality digital images, with no operator intervention. "CybeRecord's monthly rental program enables government agencies to meet microfilm digitization mandates by allowing them to easily procure the number of scanners they need within their O&M (operations and maintenance) budgets," Mr. Adler said. "In addition, ScanServer's push-button operation does not require high-demand, highly skilled technicians for whom these departments have difficulty competing with private industry." CybeRecord, Inc. develops and manufactures products that automate and enhance digitization of microfilm records, allowing knowledge workers and consumers to share this information as high-quality electronic images by way of the Internet, intranets, and extranets. For more information, call CybeRecord at 425/990-5593 or visit our Web site at www.cyberecord.com. This release contains 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. These statements may differ materially from actual future events or results. Readers are cautioned to understand that important risk factors could cause actual results to differ from those assumed or anticipated in the forward-looking statements. These risk factors include potential fluctuations in quarterly results and demands for products and services, dependence on new product development, rapid technological and market change, financial risk management, and future growth risks. These cautionary statements should be considered in connection with any subsequent written or oral forward-looking statements issued by CybeRecord or persons acting on its behalf. CybeRecord undertakes no obligation to review or confirm analysts' expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. |
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