Datapoint Completes Sale of Netherlands Office Property.SAN ANTONIO--(BUSINESS WIRE)--Oct. 26, 1998--Datapoint Corporation (EBB:DTPT) announced today that it has completed the sale of an office building in Gouda, Netherlands, for 8.2 million Dutch guilders, or US$4.4 million. Datapoint received a net US$2.2 million after mortgage obligations of approximately 4.0 million guilders, or US$2.2 million. Datapoint's contract with purchaser European City Estates N.V., a private unaffiliated group, provides for leaseback A transaction whereby land is sold and subsequently rented by the seller from the purchaser who is the new owner. by Datapoint of approximately 18,000 square feet for an initial lease term of five years, and approximately 12,000 square feet for an initial lease term of one year. With its U.S. headquarters in San Antonio San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. , TX, and international headquarters in Paris, France, Datapoint specializes in the design, integration, and maintenance of data, voice, and video communication solutions, and the Company markets products and services in 40 countries worldwide. Datapoint has a rich history of developing, designing and implementing leading-edge communications technologies Noun 1. communications technology - the activity of designing and constructing and maintaining communication systems engineering, technology - the practical application of science to commerce or industry , including call center, computer-telephony integration (CTI (Computer Telephone Integration) Combining data with voice systems in order to enhance telephone services. For example, automatic number identification (ANI) allows a caller's records to be retrieved from the database while the call is routed to the appropriate party. ) and distributed video conferencing See videoconferencing. (communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications. products and services. |
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