Datatec Systems Announces $17.1 Million of New Orders in April; Backlog Now Stands at $60.2 Million.Business Editors FAIRFIELD, NJ--(BUSINESS WIRE)--May 7, 2001 Datatec Systems, Inc. (Nasdaq: DATC DATC Davis Applied Technology College (Kaysville, Utah) DATC Days After Test Completion DATC Deferred Adverse Tax Consequence DATC Direct Assistance & Training Command DATC Director of Air Traffic Control ), announced today $17.1 million of new orders in April, the final month of its 2001 fiscal year. Almost all of this new business is scheduled for full implementation within the 2002 fiscal year, which commenced on May 1. Datatec also announced that its 12-month backlog as of May 1 stood at $60.2 million. This figure compares with a $64 million backlog at the close of FY2001 Q3. "Although the past 6 months have been an especially difficult time for the networking sector, Datatec never lost sight of the fact that we offer a compelling, differentiated value proposition," said Isaac Gaon, Datatec Chairman and Chief Executive Officer. "One month certainly does not make for a trend, but we are extremely pleased to see that many buying decisions previously on hold are now proceeding as customers move forward with projects to expand their reach and improve competitiveness. The breadth of these new orders is especially gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. , as they have come from a wide cross section of both direct and indirect customers." About Datatec Systems, Inc. Fairfield, NJ-based Datatec Systems specializes in the rapid, large scale market absorption of networking technologies. Datatec's deployment services utilize a software-enabled implementation model to configure See configuration. (software) configure - A program by Richard Stallman to discover properties of the current platform and to set up make to compile and install gcc. Cygnus configure was a similar system developed by K. , integrate and roll out new technology solutions using a "best practices" structured process. Its customers include Fortune 1000 companies and world-class technology providers. Datatec stock is listed on the Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. (DATC). For more information visit Datatec at http://www.datatec.com About eDeploy Inc. eDeploy, a subsidiary of Datatec Systems, Inc., is a recognized leader in the development and delivery of business-to-business e-commerce tools and processes that allow OEMs, systems integrators An individual or organization that builds systems from a variety of diverse components. With increasing complexity of technology, more customers want complete solutions to information problems, requiring hardware, software and networking expertise in a multivendor environment. and service providers to configure and deploy complex network infrastructure and computing computing - computer technologies faster, more economically and with fewer defects. eDeploy(TM) is a set of web-based business-to-business productivity tools that enhance process management for any deployment. The system serves as a central repository (1) A database of information about applications software that includes author, data elements, inputs, processes, outputs and interrelationships. A repository is used in a CASE or application development system in order to identify objects and business rules for reuse. for all intellectual assets related to a project. These assets can be shared among project team members, customers and third parties. eDeploy(TM) leverages the power and ubiquity Ubiquity See also Omnipresence. Burma-Shave their signs seen as “verses of the wayside throughout America.” [Am. Commerce and Folklore: Misc. of the Internet by acting as a secure virtual project community for all parties to deliver a solution. For more information, visit http://www.edeploy.com This Press Release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks and uncertainties which may cause the actual results or objectives to be materially different from those expressed or implied by such forward-looking statements. |
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