Frisco Bay announces CDN$700,000 contract with BankBoston.MONTREAL--(BUSINESS WIRE)--March 25, 1997--Frisco Bay Industries Ltd. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : FBAYF), an international provider of automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. transaction, time management and security systems for financial institutions, government agencies and industry, today announced that it had signed a contract for the sale of CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. $700,000 worth of cash dispensers to BankBoston. BayBank, which is now part of BankBoston, made a similar purchase from Frisco Bay last year. The cash dispensers, which are used by the bank's tellers, are connected to the Bank's on-line system. Used for high volume transactions, the machines improve throughput and efficiency dramatically. Delivery of the equipment is scheduled to begin in the second quarter of 1997. Commenting on the contract, Barry Katsof, Frisco Bay chairman said, "The repeat sale is a testimony to the quality of our equipment and its compatibility with the BankBoston system. We believe that our solution is winning widespread acceptance in the industry." Frisco Bay Industries Ltd. services its clients through sales and service offices located throughout Canada, the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. where it is recognized as an integrated solutions expert. CONTACT: Frisco Bay Industries Ltd. Barry Katsof, 514/738-7300 or KCSA KCSA Krannert Center Student Association KCSA Kentucky Crushed Stone Association (Frankfort, KY) KCSA Kyiv City State Administration KCSA Kalamazoo Christian School Association KCSA Kentucky-Canadian Studies Association Adam I. Friedman, 212/682-6300 ext. 215 |
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