Datametrics Corp. issues corrective statement.WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Dec. 16, 1996-- The board of directors of Datametrics Corp. (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :DC) Monday announced that it has become aware of the fact that a prior news release issued by the company's former management on July 9, 1996, relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc commitments from PIP Printing franchises to purchase 13 CYMax 3240 high-speed digital color printers A printer that prints in color using three (CMY) or four (CMYK) colors of ink, toner or dye. Four color ribbons have been used in dot matrix printers, but these are rare today. See color laser printer and printer. through third-party leasing, was inaccurate. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Daniel P. Ginns, the newly appointed chairman of the board of directors and chief executive officer of Datametrics, the company's records indicate that on July 9, 1996, the company did not have any such commitments to purchase CYMax printers and that, as of this date, Datametrics has delivered two CYMax printers to PIP Printing franchisees. In connection with issuing this corrective statement, Ginns also announced that he has been authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: and instructed by the newly constituted board of directors of Datametrics to commence an internal investigation into certain matters relating to prior actions of the company's former management and board of directors. Datametrics specializes in the design, development and manufacture of high-speed color printers, high-resolution non-impact printer/plotters and ruggedized computers, printers and workstations. Datametrics, a Delaware corporation A Delaware corporation is a corporation chartered in the U.S. state of Delaware. Delaware is well known as a corporate haven, and thus, over 50% of US publicly-traded corporations and 58% of the Fortune 500 companies are incorporated in the state. , has its principal executive offices at 21135 Erwin St., Woodland Hills, Calif. 91367. All inquiries in connection with this news release should be directed to Daniel P. Ginns, chairman of the board of directors of Datametrics, at telephone number 818/598-6200. CONTACT: Datametrics Corp., Woodland Hills Daniel P. Ginns/Diane Trottochau, 818/598-6200 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion