Cycomm International Inc. subsidiary receives order from Ericsson Inc.MCLEAN, Va.--(BUSINESS WIRE)--Dec. 23, 1996--Cycomm International Inc. (AMEX AMEX See: American Stock Exchange :CYI CYI Can You Imagine ) announced Monday that Ericsson has ordered 150 PCMobile Units from its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. XL Computing Corp. The initial value of this order from the end user is in excess of $1 million and will be delivered in the first half of 1997. The PCMobile Units will be deployed in police vehicles in Genesee County Genesee County is the name of two counties in the United States of America:
Albert I. Hawk, president and chief executive officer of Cycomm, remarked that "this is our largest single order to date from Ericsson of our products under our recently signed agreement with Ericsson. I anticipate this size order to be indicative of future orders from Ericsson and other resellers and distributors of the PCMobile." Ericsson Private Radio Systems has an installed base of more than 375 customers worldwide using the company's trunked radio network. Ericsson Private Radio System is part of LM Ericsson AB with more than 85,000 employees active in more than 100 countries. The company's expertise in switching, radio and networking makes Ericsson a world leader in telecommunications. Cycomm International Inc., headquartered in McLean, with subsidiaries in Sebastian, Fla., Portland, Ore., Boston and Albuquerque, N.M., develops, provides and manufactures a variety of information technology products, including computers and computing systems, wireless and cellular devices, and secure communications products and other telecommunications services. For further information, contact Albert I. Hawk, 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. , at 800/884-8544. For investor information, contact Doug Poretz at 703/506-1778. For product information, contact M. Alan Bishop at 888/784-4331. CONTACT: Cycomm International Albert I. Hawk, president/CEO, 800/884-8544 Doug Poretz, 703/506-1778 (investor relations Investor relations The process by which the corporation communicates with its investors. ) M. Alan Bishop, 888/784-4331 (product information) |
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