I somehow expected more "OOMPH" in price with this news. :~)
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biz.yahoo.com
Thursday July 29, 8:11 am Eastern Time
Company Press Release
e-DMEC Announced Today a Custom Video Duplication Order Totaling Over $600,000
CERRITOS, Calif.--(BUSINESS WIRE)--July 29, 1999--e-DMEC, Inc. (OTC BB:DMEC) is in the business of distributing and selling general merchandise and internet services and announced today it has received a significant video duplication order, totaling over $600,000 from a major distribution company.
e-DMEC, in addition to its other products and services, now offers custom duplication services through its newly established and wholly owned subsidiary, Grand Duplication Corp., by providing its customers duplication and packaging of videocassettes on a custom-made basis.
''The landing of this major duplication customer is an important milestone for e-DMEC in jump starting our re-entry into the custom video duplication business,'' said James Lu, President/CEO of e-DMEC. ''Within the next twelve months, we expect this customer to place two to three similar orders of this size.''
''This positive indication gives us additional confidence that our re-entry into the duplication market will have a major impact in our achieving higher revenues for the year,'' added Mr. Lu.
Diamond is currently featuring its video line of products, including all of its other fine products and services on its e-commerce site e-dmec.com.
Safe Harbor Act Disclaimer: This release may contain forward-looking statements that involve risks and uncertainties, including, without limitation, continued acceptance of the company's products and services, increased levels of competition, new products and technological changes, the company's dependence upon financing, third-party suppliers and intellectual property rights, and other risks detailed from time to time in the company's federal filings, annual report, offering memorandum, or prospectus.
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