DataCard Corporation to Resell Nexar Technologies' XPA PC For Photo ID Product Line.SOUTHBOROUGH, Mass.--(BUSINESS WIRE)--April 1, 1998-- Nexar's XPA XPA Xeroderma Pigmentosum, Complementation Group A (protien) XPA X Public Access XPA Extra Points Attempted (football) (tm) Design Provides Upgradability for Customized Photo ID Systems; Strategic Private Label Agreement Expands Nexar's OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and Channel Nexar Technologies, Inc., (Nasdaq:NEXR) a manufacturer of customizable and upgradable PCs, today announced that it has signed an OEM agreement with DataCard Corporation, a leading provider of systems and solutions for financial and identification applications. Under the agreement, DataCard will resell re·sell tr.v. re·sold , re·sell·ing, re·sells 1. To sell again. 2. To sell (a product or service) to the public or to an end user, especially as an authorized dealer. Nexar's XPA(tm) (Cross Processor Architecture) PC as part of its photo ID system. Bundling its QuikWorks(tm) identification software with the XPA PC workstation, DataCard will market and distribute the robust, plug-and-play compatible photo ID systems directly to its customers in the corporate, government, education and other markets. The highly flexible and scalable XPA technology enables DataCard to provide its customers with customized systems that are easily upgraded as new technologies emerge or as their computing needs increase. "The Nexar XPA PC is feature-rich and highly reliable with an attractive price point, allowing us to provide our customers with exceptional performance and value," said Doug Hartman, director of purchasing, DataCard Corp. "As we continue to market more software-driven solutions, the PC workstation becomes a critical component of our product offering." "This agreement furthers our expansion into the OEM market, providing significant growth opportunities for Nexar while giving DataCard a truly differentiated product for its customers," said Albert J. Agbay, chairman and chief executive officer, Nexar Technologies, Inc. "Nexar's flexible PC design complements DataCard's reputation for quality and value-added service A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions. to provide the highest-performance customized photo ID solutions." About DataCard DataCard is a privately held corporation Noun 1. privately held corporation - a corporation owned by a few people; shares have no public market close corporation, closed corporation, private corporation based in Minneapolis, Minn. The company provides customers around the world with fully integrated solutions for a variety of financial, identification and healthcare applications. In addition to turnkey solutions, the company offers complete lines of digital photo ID systems, photo ID printers, card personalization Custom tailoring information to the individual. On the Web, personalization means returning a page that has been customized for the user, taking into consideration that person's habits and preferences. systems and transaction systems. DataCard employs more than 2,100 people and offers sales and service in more than 90 countries worldwide. (www.datacard.com) About Nexar Nexar Technologies Inc., (NASDAQ:NEXR), is a new class of PC manufacturer that offers the industry's only "future-ready" personal computer systems. Providing unparalleled support for new and emerging technologies, Nexar XPA(tm) (Cross Processor Architecture) PCs enable consumer and business users to reduce ownership costs, protect their technology investments and extend the lifecycle of their PC. Headquartered in Southborough, Mass., Nexar sells its custom configured systems through national and regional value-added resellers A value-added reseller (VAR) is a company that adds some feature(s) to an existing product(s), then resells it (usually to end-users) as an integrated product or complete "turn-key" solution. , distributors and systems integrators including Computer City, Bull HN Information Systems and GTSI GTSI Government Technology Services, Incorporated GTSI Greyhound Travel Services, Inc. (former subsidiary of Greyhound Lines) GTSI Government Technology Services Inc. . -0- Statements in this release which express the beliefs and expectations of the Company regarding its future results or performance 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 a number of risks and uncertainties. The Company's actual results could differ significantly from the results discussed in such forward-looking statements. Factors that could cause or contribute to such differences include those discussed in the Company's SEC filings, including its Prospectus dated April 8, 1997, and its Form 10-Q Form 10-Q See 10-Q. , filed on November 13, 1997, which factors include, among others, (a) the uncertainty of the availability of additional capital to fund the Company's operations, (b) dependence on substantial customers, (c) uncertainty of market acceptance of the Company's products, (d) dependence on third party resellers and distributors,(e) intense competition, (f) risks associated with international expansion, (g) risks associated with rapid growth, and (h) reliance on suppliers. The company undertakes no obligation to update any such forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events. Nexar news releases are available through Nexar's web site at www.nexarpc.com CONTACT: Nexar Technologies, Inc. Craig Conrad 508/485-7900 ext. 233 OR Copithorne & Bellows bellows, expansible, gas-tight chamber used to pump or store a gas. One of the simplest and most familiar types of bellows is the manual one used for providing a forced draft to a fire. The expansible chamber consists of a leather bag with pleated sides. Sara Buda/Tim Hurley Hurley has become the English version of at least three distinct original Irish names: the Ó hUirthile, part of the Dál gCais tribal group, based in Clare and North Tipperary; the Ó Muirthile, based around Kilbritain in west Cork; and the OhIarlatha, from the district of 617/450-4300 OR DataCard Corp. Mark Iverson 612/988-1763 |
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