Metrologic Continues to Gain Market Share in Major Retail Accounts; Hand-Held Scanners Ordered from One of Nation's Largest Department Stores.Business Editors BLACKWOOD, N.J.--(BUSINESS WIRE)--Nov. 17, 2003 Metrologic Instruments Metrologic Instruments is an automated identification and data capture (AIDC) company headquartered in Blackwood, New Jersey. Metrologic Instruments designs, manufactures and markets bar code decoding hardware, adaptive optical solutions and high-speed image processing , Inc (NASDAQ-NMS: MTLG) experts in optical image capture and processing solutions that design, manufacture and market sophisticated imaging and scanning solutions for a variety of applications today announced that the Voyager Voyager, airplane Voyager, the first airplane to circumnavigate the earth nonstop on a single load of fuel. Designed by Burt Rutan and flown by Dick Rutan and Jeana Yeager, Voyager took off from California on Dec. (R) MS9520 hand-held bar code scanner A device specialized for reading bar codes and converting them into either the ASCII or EBCDIC digital character code. Pen scanners, also known as wand scanners, were the first type of bar code scanner developed in the 1970s. has been included in the installation of a national department store's new Point-of- Sale ("POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ") stations. The first 5,000 registers were equipped with Metrologic Voyager scanners in May 2003, and now an additional 8,000 scanners were ordered for shipment in 2003. Greg DiNoia, Director of Strategic Retail Sales for Metrologic stated, "This large retailer has begun implementing a state-of-the art POS system in their full-line stores. Metrologic worked closely with this retailer to develop a high-speed scanner interface compatible with their new registers. Metrologic added several custom features to our popular Voyager scanner specifically for the application. We also demonstrated our flexibility and commitment to customer satisfaction through our development of this custom solution. Our willingness and ability to adapt our hardware and service programs into a specific solution for each retail account continues to gain favor among new customers and accelerates our plan to gain market share in the retail segment." About Metrologic Metrologic designs, manufactures and markets bar code scanning and high-speed 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. data capture systems solutions using laser, holographic See holographic storage. and vision-based technologies. Metrologic offers expertise in 1D and 2D bar code reading, portable data collection, optical character recognition optical character recognition (OCR), method for the machine-reading of typeset, typed, and, in some cases, hand-printed letters, numbers, and symbols using optical sensing and a computer. , image lift, and parcel dimensioning and singulation detection for customers in retail, commercial, manufacturing, transportation and logistics, and postal and parcel delivery industries. In addition to its extensive line of bar code scanning and vision system equipment, the company also provides laser beam delivery and control systems to semi-conductor and fiber optic manufacturers, as well as a variety of highly sophisticated optical systems. Metrologic products are sold in more than 100 countries worldwide through Metrologic's sales, service and distribution offices located in North and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , Europe and Asia. For more information please visit www.metrologic.com. Forward-Looking Statement 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. Forward-looking statements contained in this release are highly dependent upon a variety of important factors which would cause actual results to differ materially from those reflected in such forward looking statements. Specifically, the factors that could cause actual results to differ from expectations include: Metrologic's ability to deliver the products within the time period specified in the contract; the timing, introduction and market acceptance of Metrologic's new products; pricing pressures; and competitive factors. When used in this release and documents referenced, the words "believes", "expects", "may", "should", "seeks", or "anticipates", and similar expressions as they relate to Metrologic or its management are intended to identify such forward-looking statements. For additional factors, please see Metrologic's reports filed with the Securities and Exchange Commission. |
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