Friday May 30 9:16 AM EDT
Company Press Release
Corporate Vision and Phipps Join Forces to Provide Full Range of Hi
Tech Products
TULSA, Okla.--(BUSINESS WIRE)--May 30, 1997--
$350,000 Production Contract With Plastics Manufacturer
Shows Advanced Capabilities
T.L. Phipps & Co., the Tulsa-based video and post production company, and its new parent company, Corporate Vision Inc.
(OTC:BB - news), announced Friday that their client, Central Plastics Co., the world's largest manufacturers of polyethylene
fittings and accessories used for natural gas distribution and a variety of other applications, will be their first client to utilize the
full range of technological capabilities provided by the two companies since their recent merger.
The Central Plastics contract is valued at approximately $350,000, and includes the production of corporate, marketing and
training videos, magazine ads and printed materials, and an interactive CD-ROM.
Terry Phipps, president of Phipps & Co., stated: ``We are extremely pleased to be able to offer our clients access to the
latest, state of the art technology. Not only is Central Plastics a leader in the manufacturing field, they are now on the cutting
edge of high tech corporate communications. Using digital photography, video, CD-ROMs and the internet, Central Plastics
can reach their sales force and customers worldwide, using the best technological advances available. We are proud to be
among the few companies which can provide our customers with one stop shopping for this wide range of capabilities. Our
goal is clear. We want to make the latest technology work for our customers in a way that everyone can easily understand.
Our motto is `Technology made simple'.''
According to Bob Shaffer, vice president of marketing for Central Plastics, ``After a lengthy review of companies, we chose
CVI/Phipps because they can provide a total package of digital photography, digital video, CD-ROM, print, and internet
services.''
Corporate Vision Inc. is a publicly traded multi-media production company which develops custom CD-ROM applications
using high impact, animated, interactive presentations used by Fortune 500 corporations in their training and marketing
programs. Corporate Vision recently acquired T.L. Phipps & Co., which was founded in 1975, and has become one of the
premier video facilities in the region, serving a variety of clients including television production companies, Fortune 500
companies, and advertising agencies. Corporate Vision's merger with Phipps is indicative of its development plan of growth
through strategic acquisitions which will ultimately enhance shareholder value.
Contact:
Lynne Sifford
305/856-5668 |
