DataWorld Solutions Receives Performance Endorsement.Business/Technology Editors FARMINGDALE, NY--(BUSINESS WIRE)--March 17, 2000 DataWorld Solutions, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : VCCP), manufacturer and distributor of electronic cable, accessories, and custom cable assemblies for data, voice and video communications systems, today announced increased orders from Kodak to build multi-mode fiber optic jumper assemblies. DataWorld initially began producing assemblies for Kodak in July of 1999. Since initial delivery and acceptance by Kodak, orders have increased to over $2M in the last 7 months. Another client, 3M Corporation, recently rated DataWorld's performance in supplying their company with custom cable assemblies at 100% quality and 100% on-time performance. This has also led to a significant increase in DataWorld's business with 3M in the fiber optic interconnect market. "This third party endorsement of our business is consistent with our strong position in the fiber-optic interconnect market," said DataWorld's 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. "The Company is experiencing a significant growth rate and yet we feel this is only the beginning of an aggressive move to increase our market share. We anticipate that our enhanced product offerings and personalized service will make DataWorld a major provider to the dynamic fiber optic interconnect market." Existing clients of DataWorld include 3M Corp. (NYSE NYSE See: New York Stock Exchange : MMM - news), Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. (NYSE: BAC - news), Bear Stearns (NYSE: BST - news), BMS Software (Nasdaq: BMCS - news), Chase Manhattan Bank The Chase Manhattan Bank, now part of JPMorgan Chase, was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. The bank is headquartered in New York City. (NYSE: CMB - news), Cisco Systems (Nasdaq: CSCO -news), Picturetel (Nasdaq: PCTK - news), RCN Corp. (Nasdaq: RCNC - news), U.S. Web (Nasdaq: USWB - news), Northrop Grumman (NYSE: NOC - news), and the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . DataWorld Solutions competitors include Anixter (NYSE: AXE - news), Anicom (Nasdaq: ANIC - news) and Graybar. Except for historical matter, the matters in this press release are forward-looking statements and are made pursuant to the safe harbor 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. |
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