TECHNOLOGY MARKETING INC. ANNOUNCES THE ACQUISITION OF SSD MANAGEMENT INC.
TECHNOLOGY MARKETING INC. ANNOUNCES THE ACQUISITION OF SSD MANAGEMENT INC. IRVINE, Calif., June 8 /PRNewswire/ -- Technology Marketing Inc. (NASDAQ: TMKT) announced today that it has completed the acquisition of SSD Management Inc. ("SSD") in consideration for 100,000 shares of TMI common stock. SSD was founded in 1987 to provide customized computer- based software solutions to the rapidly expanding market for management and control of communications networks and distributed processing systems. SSD is located in Huntington Beach, Calif. SSD's proprietary Adaptive Network Management and Control System products operate in an advanced graphical environment to optimize the use of a distributed processing network. The management and control system allows custom networks to achieve peak utilization, identify and respond to network problems and quickly reconfigure around the problem while it is repaired. This transaction was initiated by A.M. Razo & Co., an Orange County- based investment banking firm, who is on retainer with TMI. -0- 6/8/92 /CONTACT: Robert Vesely, CFO of Technology Marketing, 714-863-1100/ (TMKT) CO: Technology Marketing Inc. ST: California IN: CPR SU: TNM
KJ-EH -- LA018 -- 8014 06/08/92 14:55 EDT
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|Date:||Jun 8, 1992|
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