Dauphin Announces Several Domestic & International Agreements; OraLynx Set-Top Box Progress on Schedule.Business Editors PALATINE, Ill.--(BUSINESS WIRE)--Jan. 30, 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) today released information pertaining to several business engagements including sales agreements, partnership arrangements and expansion plans, domestically and abroad. Such information is provided in an outline format in this release, to be followed by detailed individual releases in the immediate future. "Our silence during the last few months has not quite represented our accomplishments during this period," comments Mr. Andrew Kandalepas, 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. & Chairman of Dauphin. "We have been positioning our products and relationships in tandem Adv. 1. in tandem - one behind the other; "ride tandem on a bicycle built for two"; "riding horses down the path in tandem" tandem for superior market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" as soon as production units of our two advanced products are ready to market in the very near future," Mr. Kandalepas added. - Dauphin's smart Set-Top Box, the OraLynx(TM) is progressing on schedule and close to the start of production. Pre-production units have been delivered to Estel Telecommunications, S.A. in Thessaloniki, Greece during the week of January 22, 2001. Deliveries of the units are in accordance with the requirements specified within the contract between Dauphin and Estel signed on August 31, 2000. - Two sales and distribution agreements have been signed with BEST Communications, S.A., located in Greece, whereby BEST will market and distribute Dauphin's products throughout Europe and the former Soviet Union. One agreement involves the OraLynx (TM), and the other one involves the Orasis (R). - A joint development and sales agreement has been signed with Danaos Peripherals, LTD, a world leader in software applications for the shipping industry, headquartered in Piraeus, Greece. For several months now, Dauphin and Danaos have been jointly developing a wireless Orasis Tablet PC Solution to be used by Danaos' customers on vessels worldwide. - Dauphin has started its expansion strategy in Europe with the opening of a sales, marketing and customer service/support center in Piraeus, Greece. Location and executive management selections have been decided. - Dauphin has entered into a technology partnership with Virata Corporation to incorporate Virata's newest voice over internet protocol (VoIP) technology into Dauphin's smart Set-Top Box, thus making OraLynx (TM) the first STB to include the most sophisticated technology for Voice over the Internet. - The company has identified and is currently involved in serious negotiations with several US companies for potential merger(s)/acquisition(s) and strategic partnership(s). Management's intentions are to align the Company with complementary performing US Companies in efforts to maximize its vast and expanding business opportunities. The overwhelming response of the introduction of the OraLynx (TM) STB See set-top box. STB - set-top box and the Orasis (R) Tablet PC (1) A tablet computer environment from Microsoft that is based on an enhanced version of Windows XP. Designed to function more like a portable writing tablet than previous tablet-based computers, it includes handwriting recognition as well as the ability to retain handwritten words solutions at the 2000 Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. Fall-Comdex Technology Exposition has generated numerous prospects both in the U.S. and abroad. Details of all events will be made public via individual press releases in the immediate future Dauphin Technology, Inc. a Palatine, Illinois
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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