Datapoint to Announce New Trading Arrangements for Its Securities.SAN ANTONIO--(BUSINESS WIRE)--Aug. 21, 1998--Datapoint Corporation today said that it is negotiating a new venue for the orderly trading of its securities and expects to make an announcement shortly, upon completion of required processes.
Datapoint announced earlier this month that its securities will no longer be listed on 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. under the symbol DPT, effective today, August 21, 1998. The decision by the NYSE NYSE
See: New York Stock Exchange is an administrative event for Datapoint and does not reflect any material change in Datapoint's financial health.
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 markets its products and services in 40 countries worldwide. The company is known for its superior R&D and as an inventor INVENTOR. One who invents or finds out something.
2. The patent laws of the United States authorize a patent to be issued to the original inventor; if the invention is suggested by another, he is not the inventor within the meaning of those laws; but in that of many noteworthy technologies, including the Local Area Network (LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. ), 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. and multi-speed networking. Datapoint's World Wide Web site is located at www.datapoint.com.
CONTACT: Datapoint Corporation, Paris Blake Thomas President & Chief Operating Officer International Headquarters 33-1-4007-3701 or Datapoint Corporation, San Antonio, Texas Sharon Riggs Investor Relations U.S. Headquarters 210-593-7901