Data 1, Inc. Announces New Subsidiary.SARASOTA, Fla.--(BUSINESS WIRE)--July 7, 1998--Data 1, Inc. (Nasdaq E.B.B. symbol "DMEM DMEM Dulbecco's Modified Eagle's Medium (for cell culture growth) DMEM Design Manufacture and Engineering Management Department ") announced today the establishment of its new 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. , HY-Tek, Inc. HY-Tek, Inc. of Sarasota, FL is headed by Michael Kamkar. The company will specialize spe·cial·ize v. 1. To limit one's profession to a particular specialty or subject area for study, research, or treatment. 2. To adapt to a particular function or environment. in the marketing and distribution of leading edge computer components with a focus on the computer memory industry. The company has consummated con·sum·mate tr.v. con·sum·mat·ed, con·sum·mat·ing, con·sum·mates 1. a. To bring to completion or fruition; conclude: consummate a business transaction. b. agreements with several state-of-the-art manufacturers which will provide the company with the steady availability of unique and diversified computer components needed to build a solid customer base. Sales for the next twelve months are projected to be $10,000,000.00 "I am very excited about the company and the future prospects it offers in the exploding computer industry", said Mr. Kamkar.
CONTACT: RMJ & Associates
Pete Bianchi, 281/596-9000
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