Disk Drive Maker JTS Corp. Declares American Custom Components The Winner In Connector Supplier Battle.ANAHEIM, Calif.--(BUSINESS WIRE)--Sept. 11, 1997--Concluding one of the disk drive industry's most closely watched supplier contests of 1997, American Custom Components (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :RBBS RBBS Remote Bulletin Board System RBBS Remote Bulletin Board Service ) Thursday announced it has reached a landmark agreement with leading-edge drive maker JTS JTS - A simple dialect of JOVIAL. [Sammet 1969, p. 528]. Corp. (AMEX AMEX See: American Stock Exchange :JTS) to become the sole source supplier of card-edge connectors for the JTS CHAMPION desktop and NORDIC laptop hard disk drives. American Custom Components (American) will supersede To obliterate, replace, make void, or useless. Supersede means to take the place of, as by reason of superior worth or right. A recently enacted statute that repeals an older law is said to supersede the prior legislation. all current suppliers of card-edge connectors for the CHAMPION drive, recognized by many for its superior quality and performance in multimedia applications on desktop computers. Initial production of America's new proprietary connectors should approximate 200,000 units per month. "We are very pleased to be a member of the supplier team for the CHAMPION drive," commented American chief executive Tony Walk. "CHAMPION offers more than high-octane performance, it delivers the highest reliability available in desktop drives. And maximum reliability is our niche." (American also supplies the U.S. government with critical components for TOW missiles). American will also be the sole source supplier of card-edge connectors for much-anticipated new version of the JTS NORDIC laptop drive due out in early 1998. "The NORDIC is an OEM-oriented product," explained JTS marketing director T.J. Scimone. "It brings blockbuster performance and capacity to the laptop arena and we expect to steadily increase our penetration among leading notebook manufacturers." The customer list for NORDIC drives already includes industry giant Compaq Computers. As with many American products, the connectors supplied to JTS will encompass state-of-the-art design elements patented by American's engineering staff. One of Southern California's rising young technology stars, American Custom Components is a rapidly growing designer and manufacturer of specialty electronic parts and components. American has carved out a powerful niche for itself by offering technology-based industries a complete program including rapid design, engineering, tooling, molding and assembly services. -0- NOTE: Statements in this release are made pursuant to the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that such 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. involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, increased levels of competition for the company, and dependence on third-party suppliers. CONTACT: The Michelson Group Inc. 800/824-4011 or American Custom Components 714/978-0484 |
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