Dauphin's Set-Top Box Shipments Commence.Business/Technology Editors PALATINE, Ill.--(BUSINESS WIRE)--Oct. 16, 2001 Dauphin Dauphin, town, Canada Dauphin (dô`fĭn), town (1991 pop. 8,453), SW Man., Canada, on the Vermilion River. It is the retail and distribution center for an agricultural, lumbering, and fishing area. Technology, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). .BB: DNTK) announced today that shipments of the OraLynx(TM) Set-Top Box The cable TV box that sits on "top" of the TV "set," although it is often located several feet away in an equipment rack. The set-top box descrambles the premium channels and provides a tuner for the higher cable numbers that very old TVs did not support. to its European clients have begun. October shipments of OraLynx(TM) STBs represent $1.2 million in 4th quarter revenue. According to Jim According to Jim is an American situation comedy television series originally broadcast by ABC. The show premiered with little publicity in October 2001, following the surprise hit comedy My Wife and Kids. Drzewiecki, Dauphin's Vice President of Operations, shipments of the OraLynx(TM) Set-Top Box began late last week. Although the original September shipping dates were not possible due to the September 11th tragic events and the devastating dev·as·tate tr.v. dev·as·tat·ed, dev·as·tat·ing, dev·as·tates 1. To lay waste; destroy. 2. To overwhelm; confound; stun: was devastated by the rude remark. typhoon typhoon: see hurricane. in the Far East, more expedient freight methods are being utilized to deliver product on time to Dauphin's European clients. "We anticipate strong sales from the retail market during the holiday season. Timing of OTE's introduction of the OraLynx(TM) technology to its customers during the holidays is ideal," comments Mr. Michael Politis, President of Dauphin Technology - Europe. "Consumer enthusiasm of the product should carry over and increase demand during subsequent months," Mr. Politis added. Dauphin Technology - Europe is currently involved in preparations for the training of approximately 200 Sales Executives of OTE OTE Chiefly Brit (esp. in job adverts) on target earnings: the minimum amount of money a salesman is expected to make OTE abbr (Comm) (= on-target earnings) → Einkommensziel nt who will oversee sales of the OraLynx(TM) through the OTE SHOPS network. Training will be conducted at the Dauphin offices in Piraeus, Greece. Additional OTE personnel are to be trained at OTE's facilities in major cities throughout Greece. Additional information about the OraLynx(TM) Digital Set-Top Box and other products of Dauphin Technology Inc. can be obtained by visiting www.dauphintech.com. About Dauphin Technology, Inc. Dauphin Technology, Inc., a Palatine, Illinois based technology company with facilities in McHenry, IL, Schaumburg, IL, Oldsmar, FL and Piraeus, Greece, develops and markets broadband communications products and hand-held, pen-based Tablet PC computers. Certain matters discussed in this news release are forward-looking statements involving certain risks and uncertainties including, without limitations, changes in product demand, the availability of products, change in competition, economic conditions, various risks due to changes in market conditions and other risks detailed in the Company's Securities and Exchange Commission filings and reports. |
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