I have owned this one off and on for 4 years or so (on mostly). I figured they HAD to bite the
bullet on Auro. The opening of the FL office a few months ago was a tip off. Now with this
agreement with ADC Telecom (ADTC NYSE 47) we can finally move ahead. Other
developments should help to broaden the scope here. I think we have an exciting few qtrs
coming up. Company is now very well positioned to benefit from the broadband explosion. My opinion only...do your homework...all filings avail edgar.
ADC Telecommunications Signs Cable Link, Inc. to
Distribution Agreement
COLUMBUS, Ohio--(BUSINESS WIRE)--March 3, 2000--Cable Link, Inc. (OTCBB:CBLK
- news) a leader in equipment sales, repair, and business-to-business (B2B) eCommerce solutions for the Cable Television
Industry, today announced that it has signed an agreement to become a distributor for ADC Telecommunications
(NASDAQ:ADCT - news). Cable Link will market ADC's products over its Internet-enabled B2B marketplace. ADC's varied
product lines, including fiber connectivity, distribution, transmission and wireless products, will further broaden Cable Link's reach
into the network equipment required by its broadband customers.
``Establishing world-class partnerships is critical to the continued growth of the company,' said Brenda Castle, President of Cable
Link, ``By entering into this agreement with ADC Telecommunications, Inc., we are solidifying our position as a leader in the
broadband equipment market. This partnership will enhance Cable Link's ability to meet the growing needs of its customers as
they expand into Internet, telephone and wireless networks, delivering data, video and voice.'
Cable Link has recently opened Cable Link Hollywood, Inc. in Hollywood, Florida for sales and service to the Caribbean and
Central and South American markets. Cable Link sees this commitment as an important step in entering the emerging markets in
the cable and telephone industries, which includes products such as fiber optic transmitters and cable modems.
Cable Link is in the negotiation stage with several major companies to handle their modems from the distribution and service sides
as well as the sales and service of modems for an Internet service provider. We are excited about entering into this growing
market.
Cable Link sells new, used and refurbished cable TV equipment in addition to repairing equipment for cable companies within the
United States and various international markets. The Company operates both its administrative and manufacturing operations from
two facilities, one in Columbus, Ohio and the other in Hollywood, Florida. Cable Link is a public company and trades over the
counter on the bulletin board (OTCBB) under the symbol CBLK.
ADC Telecommunications, Inc. is a leading global supplier of network equipment, software and integration services for broadband,
multiservice networks that deliver data, video and voice communications over telephone, cable television, internet, broadcast,
wireless and enterprise networks. ADC's broadband, multiservice network solutions enable local access, high-speed transmission
and software management of communications services from service providers to consumers and businesses over fiber-optic,
copper, coaxial and wireless media. ADC has approximately 14,400 employees and annual sales of $2.1 billion. ADC's stock is
included in the Standard & Poor's 500 Index and Nasdaq-100 Index.
This press release may include statements, which constitute forward-looking statements made pursuant to the safe harbor
provision of the Private Securities Litigation Reform Act of 1995. These statements are subject to risk and uncertainties that could
cause actual results to differ materially from the forward-looking statements. Factors, which would cause or contribute to such
differences include, but are not limited to, factors detailed in the Company's Securities and Exchange Commission Filings.
Contact:
Cable Link, Inc.
Marla Goins Hipsher, 614/221-3131 or 800/399-1371 |
