DualStar Technologies Awarded Unique "Bundled" Contract for New Trump World Tower.NEW YORK--(BUSINESS WIRE)--May 10, 1999-- DualStar Technologies Corporation (Nasdaq: DSTR DSTR destroy (US DoD) ) announced today that The Trump Organization The Trump Organization is the primary company of Donald Trump, a prominent American real estate developer. Trump is the current CEO of the company. The company oversees nearly all of the business development interests of Donald Trump, such as real estate, hotels, golf clubs, etc. has awarded four DualStar subsidiaries an unprecedented "bundled" contract to install the mechanical, high and low voltage Low voltage is an electrical engineering term that broadly identifies safety considerations of an electricity supply system based on the voltage used. While different definitions exist for the exact voltage range covered by "low voltage", the most commonly used ones include "mains electrical, computerized building automation and information technology (IT)/telecommunications systems at the planned Trump World Tower For other buildings of the same name see Trump Tower Trump World Tower is a luxury residential skyscraper at 845 United Nations Plaza (First Avenue between 47th and 48th Streets) in Manhattan, New York City. Construction began in 1999 and concluded in 2001. . This innovative building will be located at 845 United Nations Plaza on Manhattan's Upper East Side. Trump World Tower is projected for completion in the Spring of 2001. DualStar's bundled contract for over $33 million--for the world's tallest residential condominium--involves the company's traditional and leading-edge building construction subsidiaries. The contract includes all heating, ventilating ventilating Natural or mechanically induced movement of fresh air into or through an enclosed space. The hazards of poor ventilation were not clearly understood until the early 20th century. Expired air may be laden with odors, heat, gases, or dust. and air conditioning air conditioning, mechanical process for controlling the humidity, temperature, cleanliness, and circulation of air in buildings and rooms. Indoor air is conditioned and regulated to maintain the temperature-humidity ratio that is most comfortable and healthful. contracting; high and low voltage electrical contracting; fully integrated and automated building management systems (BMS BMS abbr. Bachelor of Marine Science ); and installation of the cutting-edge IT/telecom cabling plant and infrastructure systems. DualStar's mechanical and electrical subsidiaries will augment and implement designs by I.M. Robbins P.C. and National Security Systems, Inc. DualStar's CyberServices subsidiary, DualStar Communications, Inc., is supplying its proven CyberBuilding(R) system to Trump World Tower. The company's innovative CyberBuilding infrastructure supports high-speed Internet See broadband. , enhanced telephony and direct broadcast satellite television services while "future-proofing" the building. As an integrated communications provider, DualStar Communications puts a single face on its superior information, communications and entertainment services. After construction is completed, the company expects to be the building's preferred provider of these key amenities to the affluent community that The Trump Organization envisions for its World Tower project. DualStar teams with AT&T Wholesale Markets, DIRECTV, Inc., Golden Sky Systems, Inc., 3Com Corporation, Cable & Wireless USA, Microwave Satellite Technologies, Inc., Foxcom and WSNet. The company integrates all of its voice, video and data services into a single interface and provides one convenient, consolidated monthly bill. Via its CyberCierge(R) staff--on-site and remote sales, tech and service employees--DualStar Communications presents residents with one-stop shopping, technical support and customer service. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Andrew Weiss Andrew Weiss may refer to:
Two of DualStar Technologies' other participating subsidiaries, Centrifugal/ Mechanical Associates, Inc. and High-Rise Electric, Inc. are respectively New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of market leaders in residential HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free and electrical contracting. "We have worked very successfully with The Trump Organization in the past through Centrifugal/Mechanical and High-Rise," said Gregory Cuneo, DualStar Technologies' chairman, president and chief executive officer. "Our two organizations share a vision--above all--of providing superior service. Both companies work very, very hard to please a building's residents with effective systems and service delivery--that's why we're both growing in this residential marketplace. Now, DualStar is seeking to add more value in an on-going relationship with a resident community--a natural extension of our strong relationship with Trump. We'll do this through DualStar Communications' market-leading integrated communications service package--part of our CyberBuilding system." Besides mechanical and electrical contracting services and the CyberBuilding system, the contract "bundle" calls for a state-of-the-art building management system and environmental control systems--including high-end, controllable air conditioning units in each apartment. Integrated Controls Enterprises, Inc. (ICE)--the fourth DualStar Technologies' participating subsidiary--specializes in computerized building automation systems for commercial and residential high-rises. ICE will provide Trump World Tower's BMS and related systems by installing a fully integrated BACnet building management system manufactured by AutomatedLogic Corporation. For individual apartment air conditioning control, Centrifugal/Mechanical will take further advantage of World Tower's CyberBuilding capabilities. This DualStar mechanical contractor will offer remote air conditioning control--via Touch-tone telephone--so that individual Trump World Tower owner/residents may adjust their home comfort at a distance. According to DualStar Technologies' vice president and chief financial officer, Robert Birnbach, aggregating the contracts also earned The Trump Organization a significant discount. "By performing all of this key work through a coordinated use of resources--instead of just trade by trade--DualStar was able to pool its risk and its rewards and gain efficiencies in supervision and labor. By sharing those savings with our client, Trump, we were able to offer the bundled contract at a meaningful discount below the cost of contracting for each service individually." DualStar Communication's president, Vincent D'Onofrio Vincent Phillip D'Onofrio (born June 30, 1959) is an American actor and producer. He first gained attention for his role as Pvt. Leonard 'Gomer Pyle' Lawrence in Full Metal Jacket, and is now best known for playing Det. Robert Goren in . , elaborated on the idea of DualStar's unique bundle advantage to The Trump Organization and other owner/developers: "Delivering our unequaled product offering--our cross-industry bundle of product and services--will give Trump a unique competitive advantage in the marketplace. DualStar's integration and control of infrastructure and services will present a seamless solution to complex technology for World Tower's condo owners. This will please the resident during the purchasing cycle, at move-in and then continue to deliver value--and goodwill for The Trump Organization--over time." About DualStar DualStar Technologies Corporation, headquartered in Long Island City, New York, designs and builds infrastructure systems and provides services that control and enhance the environment in high-rise buildings. These systems and services include: heating, ventilation and air conditioning (HVAC); electrical; building and energy management (BMS); enhanced local, regional and long distance telephony as a Competitive Local Exchange Carrier (CLEC (Competitive Local Exchange Carrier) An organization offering local telephone service that is not one of the traditional telephone companies. The Telecommunications Act of 1996 allowed competition to the incumbent telcos (ILECs), enabling new companies (CLECs) ); direct broadcast satellite (DBS (Direct Broadcast Satellite) A one-way TV broadcast service from a communications satellite to a small round or oval dish antenna no larger than 20" in diameter. ) and cable television as a System Operator; high-speed Internet access as an Internet Service Provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. (ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. ); and security and safety. DualStar created and owns many innovative trademarked concepts, including the CyberBuilding(R), CyberCierge(R), Building Area Network (BAN), Home Area Network (HAN), Community Area Network, (CAN), InfoStructure, InfoStructors, CyberView, CyberBuilders(R) and Global Hiring Hall(R). For more information, visit the company's Web site at http://www.dualstar.com, e-mail info@dualstar.com, or call (718) 340-6655. The company's securities are traded on The Nasdaq National Market under the symbols DSTR (common) and DSTRW (warrants). About The Trump Organization The Trump Organizations is the first and only name to come to mind when the term "super luxury condominiums" is mentioned. Having invented the concept with the creation of Trump Tower Trump Tower Trump Tower is the name used for several skyscrapers owned and operated by real estate magnate Donald Trump. Each of these skyscrapers is predominantly composed of residential condominiums and found in major cities. in 1981, Donald J. Trump has continued to extend his reign as the ultimate creator of outstanding condominium residences with developments such as Trump Palace, Trump International Hotel and Tower and 610 Park Avenue, among others. The 90-Story Trump World Tower continues this tradition into the 21st Century as the tallest residential building in the world and the most significant new addition to the New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. skyline. For more information, contact: The Trump World Tower Sales Center, 900 Second Avenue, New York, NY 10017 (212-247-7000; fax: 212-247-7001; Web site: WorldTower@Trumporg.com). All trademarks or registered trademarks are the property of their respective companies. |
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