DMTR----News Release...
Datametrics Corporation Announces Long-term
Distribution Agreement With Lee's Sign Supply
Lee's Sign Supply to Market the Condor(TM) Printer, Media and Ribbons to the Sign and Screen
Printing Industry
FLORHAM PARK, N.J.--(BUSINESS WIRE)--July 10, 2000-- Agreement Marks Datametrics Corporation's
Expanding Distribution Network Program
Datametrics Corporation (OTCBB:DMTR - news) today announced that it has signed a long-term Distribution Agreement with
Lee's Sign Supply of Niles, Michigan.
Under the terms of the Agreement, Lee's Sign Supply has committed to distribute agreed quantities of Datametrics
Corporation's Condor(TM) printer and related media and ribbon consumables annually to businesses in the signage and screen
printing industry.
The Condor(TM) printer is a high-speed, full color, concurrent thermal transfer printer which operates at 3 inches per second
with unsurpassed versatility, ruggedness and flexibility.
The Agreement is part of Datametrics Corporation's expanding Distribution Network Strategy. Datametrics is already in
advanced discussions with several other established sign supply companies throughout the United States and Europe to establish
similar long-term Distribution Agreements. The Company intends to establish long-term commitments with twelve to eighteen
distributors throughout the world representing the placement of approximately two hundred Condor(TM) printers during the
next two years.
Todd Barker, President of Lee's Sign Supply, stated, ``We are delighted to be part of the Datametrics Corporation's
Distribution Network Strategy. We believe that the Condor(TM) printer's quality, speed and ease of use will represent a best of
breed solution for our customers.''
James E. Cain, Datametrics' Vice President -- Sales and Marketing stated, ``We are delighted to enter into this Distribution
Agreement with a company of the stature and reputation of Lee's Sign Supply. We are confident that this Agreement will
continue to accelerate our sales efforts and that the unique performance characteristics of our Condor(TM) printer will be well
received by Lee's Sign Supply's customer base.''
Mr. Cain continued, ``We have targeted eighteen leading sign and screen printing distributors domestically and internationally to
expand our market presence. With the addition of Lee's Sign Supply, we are well on our way to achieving the goals of our
Distribution Network Strategy.''
About Lee's Sign Supply
Lee's Sign Supply, established in 1986, markets a wide variety of hardware and software sign design programs including large
format printers, cutter/plotters, sign supplies, vinyl, and media tapes throughout the United States. Located in Niles, Michigan,
Lee's Sign Supply also provides technical expertise and support to its customer base. More information about Lee's Sign
Supply can be found on the world wide web at www.leessignsupply.com.
About Datametrics Corporation
Datametrics Corporation, the leader in concurrent thermal transfer technology, specializes in the design, development and
manufacture of high-speed color printers and the management and operation of MadeMyWay.com,(TM) a fulfillment center
engaged in the personalization and customization of high quality apparel, textiles and specialty products primarily for the
business-to-business e-commerce market. More information about Datametrics Corporation can be found on the world wide
web at www.datametricscorp.com. Datametrics has operations in New Jersey and Florida.
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements
made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements involve
risks and uncertainties, such as quarterly fluctuations in operating results, the timely availability of new products, financing risks,
the impact of competitive products and pricing, and other risks detailed in the Company's filing with the Securities and Exchange
Commission, including the Company's Form 10-K for the fiscal year ended October 31, 1999. These risks and uncertainties
could cause actual results to differ materially from any forward-looking statements made in this press release. |
