DataMetrics Corporation Executes License Agreement.Business Editors ORLANDO, Fla.--(BUSINESS WIRE)--Jan. 30, 2002 DataMetrics Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : DMTR DMTR Dounreay Materials Testing Reactor DMTr dimethoxytriphenylmethyl chloride ) announced today that it has executed a license agreement for its Condor(TM) Harrier(TM) and IPS3300(TM) thermal transfer See thermal wax transfer printer and direct thermal printer. printing technology with 3M. 3M's applications will include a range of vehicle registration and identification products, such as its digital license plate manufacturing system. Terms of the deal were not released. DataMetrics Corporation 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. Daniel Bertram said, "This agreement is an important step for DataMetrics; it allows our company to continue to sharpen our product focus in other industries and provides operating capital to advance our position within our traditional markets." Added Mr. Bertram, "3M is the leader in digital license plate production and is in the best position to optimize these printers to meet its market needs." Dr. Tom Chaffin, division vice president, 3M Traffic Control Materials Division ("TCM (1) (Trellis-Coded Modulation/Viterbi Decoding) A technique that adds forward error correction to a modulation scheme by adding an additional bit to each baud. TCM is used with QAM modulation, for example. ") said, "3M has been the leader in products and systems to the vehicle registration and identification market for over 50 years. This package allows TCM to provide improved service, support and product technology to our customers." 3M is a diversified manufacturer. Headquartered in St. Paul, Minn., 3M produces a wide variety of products that serve the industrial, commercial, consumer, transportation and health care markets. DataMetrics Corporation is a leader in ruggedized computers, printers and integrated systems for government, defense and aerospace markets. DataMetrics also designs, develops and manufactures high-speed color, non-impact printers/plotters for specialized industrial applications. DataMetrics Corporation is headquartered in Orlando, Florida. Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements made 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. These statements involve risks and uncertainties, such as quarterly fluctuations in operating results, the timely availability of new products, the impact of competitive products and pricing, and other risks detailed in the Company's filing with the Securities and Exchange Commission, including the Company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended October 29, 2000. These risks and uncertainties could cause actual results to differ materially from any forward-looking statements made in this press release. |
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