Global Village expects revenues to reach $30 million in second fiscal quarter.SUNNYVALE, Calif.--(BUSINESS WIRE)--Oct. 4, 1995--Global Village Communication, Inc. (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 :GVIL) today announced that it expects second quarter revenues to reach approximately $30 million, exceeding analysts expectations. The Company also indicated that earnings per share would meet or be slightly above analysts estimates. The Company continues to experience strong demand for the TelePort Verb 1. teleport - transport by dematerializing at one point and assembling at another science fiction - literary fantasy involving the imagined impact of science on society transport - move something or somebody around; usually over long distances Platinum product line of v.34 desktop modems. In addition the Company began initial shipments of its PowerPort PC cards, coinciding co·in·cide intr.v. co·in·cid·ed, co·in·cid·ing, co·in·cides 1. To occupy the same relative position or the same area in space. 2. To happen at the same time or during the same period. 3. with Apple resuming shipments of its PowerBook 5300 notebook computer A laptop computer that weighs in a range from five to seven pounds. The term originated when laptops were routinely more than 10 pounds, and those that became lighter were placed in a special "notebook" category. In practice, notebook computer and laptop computer are synonymous. . With the strength of the TelePort Platinum, a full quarter of shipments of the PowerPort PC card product line, and new product introductions planned in the upcoming quarter, the Company expects to see continued revenue growth in the third quarter. The Company plans to release its second quarter results after the close of market on October 16th. Global Village is a leading supplier of integrated communication products and services for personal computer users. The company's industry-acclaimed offerings include the GlobalCenter Internet service with the GlobalCenter connection package for Windows and Macintosh networks; the FaxWorks family of fax/voice/data software for Windows, OS/2, and DOS; GlobalFax software for Macintosh; TelePort and PowerPort fax/modems for Macintosh desktop and PowerBook computers; and the OneWorld 100 series of fax, remote access and network modem A modem shared by all users in a network. See network access server. servers for Macintosh networks. CONTACT: Global Village Communication Jim Walker Jim Walker (né James Donat Walker) (born 1955 in Edmonton) was the original drummer of Public Image Ltd. in 1978. In 1977 he played drums for Canadian punk band The Furies and moved to London in October 1977. , 408/523-2400 jwalker@globalvillage.com |
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