Cyber Digital, Inc. and Sidney Telecommunications of Nigeria Announce PABX Market Expansion.Business Editors, High Tech Writers NEW YORK--(BUSINESS WIRE)--Jan. 16, 2001 Government Institutions to receive state-of-the-art Cyber Switch CSX CSX Chessie Seaboard Multiplier (railroad transportation company) CSX Cayman Islands Stock Exchange CSX Changsha, China (Airport Code) CSX Cardiac-Specific Homeobox CSX Seaboard Coastline Railroad PABX (Private Automatic Branch eXchange) Same as PBX. PABX - Private Automatic Branch eXchange Telephone Systems Cyber Digital, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: CYBD), a leading manufacturer and software developer of state-of-the-art Digital Central Office Exchanges and Private Automatic Branch Exchanges (PABX), jointly announced with Sidney Telecommunications (Nigeria) Ltd. their expansion into the PABX market. "Demand for Cyber Digital's CSX PABX, by government institutions, is overwhelming due to rapid growth of the capital city of Abuja," said His Royal Highness “HRH” redirects here. For other uses, see HRH (disambiguation). Royal Highness (abbreviation HRH) is a style (His Royal Highness or Her Royal Highness); plural Royal Highnesses (abbreviation TRH, Austin Ezenwa, Chairman of Sydney Telecommunications. "On behalf of Cyber Digital, Sydney Tel is expecting to receive a blanket order for 10,000 CSX PABX lines from one of the government institutions for a number of its offices. Sydney Tel is confident that Cyber Digital's CSX PABX will become a standard office telephone system among many government institutions as it offers modern communications features." "We are pleased with Sydney Tel's efforts in expanding the market for our CSX PABX product line," said J.C. Chatpar, Chairman of Cyber Digital, Inc. "The initial order for 10,000 CSX lines reflects approximately $4 million in revenues." Pursuant to the terms of the order, payment terms are: 50% cash in advance, with the order, and 50% by irrevocable letter of credit Irrevocable letter of credit Assurance of funds issued by a bank that cannot be canceled or amended without the beneficiary's approval. upon shipment. About Cyber Digital, Inc. Cyber Digital, Inc., is a leading manufacturer and software developer of advanced integrated packet and circuit digital switching equipment, employing SS7 or C7, signaling for private and public switched voice network operators worldwide. Cyber Digital is also a leading developer and provider of an array of ultra-high performance Internet Protocol (IP) infrastructure software and systems such as routers, gateways, firewalls and servers for distributive digital broadband and virtual private network (VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. ) applications. This press release contains forward-looking statements, pursuant to the "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. " provisions of 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 that involve a number of risks and uncertainties that could cause actual results to differ materially. The risks and uncertainties are detailed from time to time in Cyber Digital's SEC reports and filings. Cyber Digital, Inc. has been profiled in TheStockAdvisor Newsletter. For more information about Cyber Digital, Inc., send email to cybd@thestockadvisor.com, or visit www.cyberdigital.com or www.thestockadvisor.com. |
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