DataMetrics enters exclusive distribution agreement with DAC International.Business/Technology Editors ORLANDO, Fla--(BUSINESS WIRE)--Aug. 9, 2001 DataMetrics Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : DMTR DMTR Dounreay Materials Testing Reactor DMTr dimethoxytriphenylmethyl chloride ) Daniel Bertram, President and Chief Executive Officer of DataMetrics Corporation, announced today that the company has signed an agreement with DAC See D/A converter and discretionary access control. DAC - Digital to Analog Converter International Inc. of Austin, TX to exclusively distribute cockpit printers manufactured by DataMetrics to the airline industry worldwide. Part of the agreement includes an initial stocking package worth $250,000, for which a purchase order has been processed by DataMetrics. The cockpit printer, DataMetrics model 4680, is part of the wide variety of airborne printer products DataMetrics manufactures. These printers are an essential element in datalink systems for the airline market place. Mr. Bertram stated that, consistent with his business plan, this alliance will allow DataMetrics to focus its direct marketing efforts on the military/defense arena, while continuing to manufacture a product for which there is significant commercial demand. "This agreement is truly a win-win situation", Mr. Bertram said, "we manufacture high quality cockpit printers, but have limited market access, DAC International has superior market access and needed the product'. Michael Crouch, President of DAC International, stated, " The DataMetrics model 4680 is an ideal addition to the Universal Avionics Communications Management Communications management is the systematic planning, implementing, monitoring, and revision of all the channels of communication within an organization, and between organizations; it also includes the organization and dissemination of new communication directives connected with an Units (CMU CMU - Carnegie Mellon University data link) installations we are providing for the Airline industry. Many airlines seek a single point supplier for fully coordinated "systems solutions". DAC International Inc. is an operating subsidiary of Fairchild Corporation, (NYSE NYSE See: New York Stock Exchange : FA) Based in Washington, D.C., Fairchild is a worldwide aerospace and industrial fastener manufacturer and supply chain services provider. DAC International Inc., is a leading aerospace marketing firm with alliance partnerships with key industry engineering and manufacturing companies. DAC provides turnkey systems solutions for the world's Airlines and Corporation Aircraft operators. 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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