AGT's `Aimagine' signs purchase contract with Nikkei
AUSTIN, TX, Oct. 26 /CNW/ - AimGlobal Technologies AMEX and TSE: AGT
AimGlobal Technologies (AMEX and TSE: AGT) today announced it's Business Internet Software Products Division - `Aimagine Global Software Company' has entered into a material purchase contract with Japan's Nihon Keizai Shimbun Inc. ``Nikkei'. The Company confirmed that Nikkei has purchased the Aimagine, Synergy Enterprise version of web-enabling business software for their corporate wide Internet collaboration and communications applications.
Steve deJaray, Chairman & Chief Executive Officer of AimGlobal stated, ``The Nikkei is Japan's most prominent and respected business daily, with a daily circulation of over 3 million. They provide domestic and international economic and business news to corporate Japan. Nikkei is the parent company to Japan's other leading business publications including, Nihon Fangyou Shimbun (Industry Daily), Nihon Ryutsu Shimbun (Distribution Daily), and Nihon Kinyu Shimbun (Financial Daily)'.
deJaray continued, ``Nikkei's purchase and application of our Synergy suite of business software is a tremendous advancement for our Company and another vivid example of our growing presence within the senior Japanese market for a multi-lingual Internet framework and rich suite of collaboration and business communications software applications'.
About the Company Founded 14 years ago, and through three operating subsidiaries, AIMGlobal Technologies serves the Medical, Aerospace, Communications, Industrial, Military, Power Utility, Emergency Services Consumer markets and Internet business applications markets. With operations in Texas, New York State, Ontario and British Columbia, AIMGlobal Technologies is a recognized technical innovator and a leading manufacturer of proprietary microelectronic solutions and hazardous air and gas monitoring products for life, health and safety applications.
Safe Harbor Statement Certain information in this press release contains ``forward looking statements' within the meaning of the Securities Exchange Act of 1934, including those concerning the Company's future results and strategy. Actual results could differ from those in the forward looking statements due to a number of uncertainties, including, but not limited to, the demand for the Company's products and services; the size, timing and recognition of revenue from significant orders; increased competition, changes in Company strategy; product life cycles; the impact of rapid technological advances, evolving industry standards, changes in customer requirements, and fluctuations in foreign exchange rates. The Company's expense levels are based, in part, on its expectations as to future revenue and a significant portion of the Company's expenses do not vary with revenue. As a result, if revenue is below expectations, results of operations are likely to be materially adversely effected. %SEDAR: 00004308E
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