/C O R R E C T I O N -- Global Intellicom, Inc./
PR Newswire, Wednesday, April 09, 1997 at 16:23
In NYTU088, Global Intellicom Acquires Mobile Computing Solutions, moved
Tuesday, April 8, we are informed by a representative for the company that the
headline should read "Global Intellicom Signs Letter of Intent to Acquire
Mobile Computing Solutions" and the second graph, first line should read
"Somerset" rather than "Summerset" as originally issued. The corrected text
of the release follows:
Global Intellicom Signs Letter of Intent to Acquire Mobile Computing Solutions
NEW YORK, April 8 /PRNewswire/ -- Global Intellicom, Inc. (NASDAQ:GBIT),
which provides integrated diversified technology and data communication
solutions to corporate and government customers, today announced its intent to
acquire Mobile Computing Solutions, a single source provider of mobile
computing information technology products and services.
MCS, based in Somerset, N.J., specializes in the Virtual Office
Environment including wireless data services, hosting services and
administration for Client/Server, Internet/Intranet applications and support.
The Company markets mobile computing hardware and software products in
conjunction with customized mobile services that include product
configuration, system integration, consulting, design, installation,
maintenance, training, a 24 hour/7 days a week mobile help desk support,
network monitoring and management services.
MCS began operations in 1992. It is authorized for IBM, Compaq, Toshiba,
NEC, Panasonic, HP, Lotus, Microsoft, AT&T Wireless and RAM Mobile Data. The
Company is one of Microsoft's exclusive 600 "Partner Level" Solutions
Providers, Lotus "Business Partners," and one of AT&T's first "Wireless Data
Solutions Partners," allowing it to receive cellular air time commissions and
residuals.
Unique to MCS is its proprietary software which allows the Company to
offer client/server computing services over the Internet. This concept is
called Winfinet. Through Winfinet, MCS offers hosting services for
client/server Internet/Intranet applications and support for its customer
base.
MCS' revenues exceeded $20 million for year end 1996 and as a result to
the acquisition are expected to increase.
Tom Platt, President of MCS, stated that, "This acquisition provides MCS
with the opportunity to aggressively pursue its business plan in partnership
with the Global Intellicom family of companies." David Mortman, President of
Global Intellicom, added, "MCS adds immeasurable value in both solution
applications and customer base to our concept of being a total solutions
provider."
Global Intellicom provides total business solutions through its five
wholly owned subsidiaries that manufacture, develop and distribute computer
software, hardware and wireless technology to corporate, government and
educational accounts throughout the United States. It is also a provider of
departmental, company and enterprise wide client-server computer systems,
horizontal and vertical software solutions and consulting, network and
integration systems. Additionally, GBIT provides and markets speech
recognition technologies in the form of tools and software
applications/solutions to both developers, manufacturers and end users and is
a leading supplier of "any to any" voice data and image solutions to
industries, government and institutions.
SOURCE Global Intellicom, Inc.
-0- 04/09/97
/CONTACT: Ryan J. Barr of OA&R, 212-880-5381 or
rbarr.oa&r.ny@mcimai1.com/
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