DataWorld Solutions Announces Franchise Agreement With ADC Telecommunications, Inc.Business Editors FARMINGDALE, N.Y.--(BUSINESS WIRE)--April 5, 2000 DataWorld Solutions Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : DWLD - news) (Frankfurt - VRX VRX Virtual Resources Executive VRX Voice Receive Mode ), manufacturer and distributor of electronic cable, accessories, and custom cable assemblies for data, voice and video communications systems, today announced it has signed an agreement with ADC Telecommunications ADC Telecommunications (NASDAQ: ADCT) is a communications company located in Eden Prairie, Minnesota, a southwest suburb of Minneapolis. History In 1935, Ralph Allison founded ADC Telecommunications in the basement of his south Minneapolis home, inventing ADC's very , Inc. (Nasdaq-ADCT). ADC (1) See A/D converter. (2) (Apple Display Connector) A peripheral connector from Apple that combines digital video display, USB and power in one cable. is a multi-billion dollar manufacturer of hardware and software systems and integrated solutions that enable customers to build and upgrade communications networks. ADC's broadband connectivity products provide the physical contact points for connecting different communications system components and gaining access to communications systems circuits. http://www.adc.com "ADC's broad product base fits in with our strategy in providing complete solutions to DataWorld's large customer base," said DataWorld Solutions Chairman 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 McPhee. "In conjunction with our receiving this franchise agreement, we have received our first significant order in excess of $500,000. Through a major N.Y. contractor, we are supplying ADC's high density fiber optic equipment into a Global Crossing facility." (Nasdaq-GBLX) http://www.globalcrossing.com/index.asp Chris Francis, DataWorld Solutions COO, who helped designing in ADC's product, claims that "with ADC's high density next generation frame and related products, we were able to save the client significant space while we increased the sites capacity for expanded growth." Except for historical matter, the matters in this press release are forward-looking statements and are 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. The forward-looking statements reflect assumptions, and involve risks and uncertainties, which might affect the company's business and prospects and cause actual results to differ materially from these forward-looking statements, which are detailed in the company's public filings with the SEC. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion