Norris Communications enters consulting agreement with investment bank.SAN DIEGO--(BUSINESS WIRE)--Sept. 18, 1996--Norris Communications 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 :NCII NCII National Counselling Institute of Ireland ), Wednesday announced that it has signed a three-year consulting agreement with Klein Investment Group L.P. to serve as its investment bank. Bob Root, chief executive officer and president of Norris Communications stated: "With Klein Investment Group as our investment bank, we hope to extend a broader base of communication throughout the institutional investor Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. community. In addition, Klein Investment Group will help Norris facilitate strategic relationships with potential partners and will hold a seat on the Norris Board. We look forward to a long and mutually rewarding partnership." "Klein Investment Group is always looking to support Best-of-Breed technology companies and is pleased to enter into this agreement with market-leader Norris Communications," stated Michael Klein Michael Klein can refer to:
Klein Investment Group ("KIG") (formerly Iacocca Capital Partners L.P.) is an investment and merchant bank originally formed by Lee Iacocca, retired chairman of Chrysler Corp., two other partners, Michael G. Klein and William S. Elkus, and the Jefferies Group Inc. KIG's charter is to seek out innovative investment opportunities, raise capital and provide financial advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal to both private and public companies. KIG is currently involved in projects in both an advisory and principal capacity with companies in such industries as technology, automotive services, restaurants, pharmaceuticals, specialty chemicals and real estate. The firm draws upon its principals' extensive experience in investment banking, strategic planning, corporate turnarounds, private investment partnerships and wealth management. The current partners of KIG are also shareholders along with Iacocca in Klein/Iacocca Capital Group Inc., a privately held investment firm. NCI See Liberate. designs, develops and manufactures digital voice recording devices and systems for professional and business applications. It sells its branded products through computer and consumer electronics retailers and distributors around the world. The company also licenses its patents and its MicroOS software operating system to OEMs. In addition, it designs, develops and manufactures audio, video, image and data recording devices under contract to major OEMs. Primus Contract Manufacturing, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Norris Communications Corp., offers fully robotic micro machine manufacturing services for electronic, biotech, communications and computer peripheral companies. For further information, contact NCI at 619/679-1504 in the United States or the company's World Wide Web site at http://www.norriscomm.com. CONTACT: Norris Communications Inc., San Diego Investor Relations Investor relations The process by which the corporation communicates with its investors. , 619/679-1504 |
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