Datatec Systems Closes Major eDeploy-R- Enterprise License Agreement.Business Editors FAIRFIELD, N.J.--(BUSINESS WIRE)--March 21, 2002 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 that it has signed an Enterprise License Agreement with a major global technology provider for its eDeploy(R) deployment services automation software suite. The initial license value, including application hosting and ancillary services, is approximately $1 million. "We are delighted to have closed this opportunity," said Isaac Gaon, Datatec 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. . "We see it as one of the strongest and most unequivocal endorsements for eDeploy to date, and brings Datatec one major step further towards making our software the de facto standard Hardware or software that is widely used, but not endorsed by a standards organization. Contrast with de jure standard. de facto standard - A widespread consensus on a particular product or protocol which has not been ratified by any official standards body, such as ISO, in the deployment market space." Ron Frey, Datatec VP of Strategic Alliances, commented, "We believe that there is significant upside potential Upside potential The amount by which analysts or investors expect the price of a security may increase. upside potential The potential price or gain that may be expected in a security or in a security average, generally stated as the dollar in the future to expand the usage of eDeploy software and related services within this user's environment." 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/ |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion