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C-COR ANNOUNCES SIGNING OF MAJOR ASIAN AND MIDDLE EAST DISTRIBUTOR AGREEMENT

 C-COR ANNOUNCES SIGNING OF MAJOR ASIAN AND MIDDLE EAST
 DISTRIBUTOR AGREEMENT
 STATE COLLEGE, Pa., April 22 /PRNewswire/ -- Richard E. Perry, chairman, president and chief executive officer of C-COR Electronics, Inc. (NASDAQ-NMS: CCBL), today announced an exclusive distribution agreement with Pan Asian Systems, Ltd. to distribute C-COR products throughout Asia and the Middle East.
 Pan Asian Systems is a subsidiary of A.S. Watson, one of the major operating divisions of Hutchison Whampoa, one of the largest companies in Hong Kong.
 According to the terms of the agreement, Pan Asian Systems will have exclusive rights to distribute C-COR products in over 25 countries in Asia and the Middle East, including China, Hong Kong, India, Pakistan, the Commonwealth of Independent States and the Gulf States. Pan Asian is based in Hong Kong with an office in Indonesia, and will be opening offices in other countries during 1992.
 C-COR has been working with Pan Asian since October 1991, most notably on an SMATV (Satellite Master Antenna Television) project in Hong Kong for Pan Asian's sister company, Fortress Satellite Services. Fortress Satellite Services has wired over 150,000 residential and hotel units and anticipates having 400,000 wired by the end of 1992. C-COR will provide support services to Pan Asian Systems in Hong Kong.
 Pan Asian Systems' parent company, Hutchison Whampoa, is a large, international organization with interests in telecommunications, property ownership and development, shipping services, retail chains, energy, finance and investments. Net sales for Hutchison in 1991 totaled $2.4 billion in U.S. dollars.
 Perry commented, "I am extremely pleased to be announcing our exclusive distributor agreement with Pan Asian Systems/Hutchison Whampoa. In joining with such a large and well respected company in the Far East, we will be able to offer quality products and services to a number of new markets. We look forward to the international growth that this agreement will afford us."
 C-COR, founded nearly 40 years ago, designs and manufactures high quality electronic equipment used in cable television and data communication systems. C-COR's headquarters is in State College, with production facilities in Tipton and State College, Pa. C-COR Electronics Canada, Inc., a subsidiary of C-COR Electronics, Inc., is located in Ontario, Canada. C-COR/COMLUX, Inc., C-COR's subsidiary manufacturing digital fiber optic products, is located in Mountain View, Calif. C-COR Europe B.V., C-COR's European subsidiary, is located in The Netherlands. C-COR's common stock is listed in the NASDAQ National Market System under the symbol CCBL.
 /delval/
 -0- 4/22/92
 /CONTACT: Sally O. Thiel of C-COR Electronics, 814-238-2461/
 (CCBL) CO: C-COR Electronics, Inc. ST: Pennsylvania IN: TLS CPR SU: JVN


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Publication:PR Newswire
Date:Apr 22, 1992
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