Thursday November 18, 3:25 pm Eastern Time
Company Press Release
SOURCE: ID Four Limited
ID Four Ltd. Enters Into Agreement to Bundle enPact Y2k Software Compliance Tool
WAYNE, PA, Nov. 18 /CNW-PRN/ - ID Four Ltd. (OTC:BB-IDFR) is pleased to announce that the company has entered into an agreement to supply the enPact Y2K Software Compliance Tool for bundling distribution with the PCS4Y2K Hardware Fix distributed by Personal Computer Systems 4 Y2K, Inc. of Los Angeles, CA.
Personal Computer Systems 4 Y2K, Inc. (www.pcs4y2k.com) has advised ID Four Ltd. that it will market and distribute the PCS4Y2K software bundle via its network of retail and independent online distributors. In accordance with the agreement, Personal Computer Systems 4 Y2K, Inc. will provide to paid registered users of the PCS4Y2K Hardware Fix, an electronic download of the enPact Y2K Software Compliance Tool. ID Four Ltd. will receive a royalty payment per copy issued.
According to Mr. George Bosy, Director, Personal Computer Systems 4 Y2K, Inc., initial volume distribution to sample the PCS4Y2K Hardware Fix to potential users is approximately 6 million copies with an expected average conversion rate to purchase of 20%. Should a potential user not require a Y2K hardware repair and elect not to register for the PCS4Y2K Hardware Fix, a stand alone download of the enPact Y2K Software Compliance Tool will be made available for sale.
ID Four is pleased to include Personal Computer Systems 4 Y2K, Inc. to the Company's overall distribution efforts. In addition to the bundling agreement with Personal Computer Systems 4 Y2K, Inc., ID Four Ltd. has retail, OEM and online distribution agreements with CompUSA Inc. (www.compusa.com) of Dallas, TX, TLCO Software Inc. (www.tlcosoftware.com) of San Diego, CA and NetSales Inc. (www.netsales.com) of Overland Park, KS.
ID Four Ltd. is under exclusive agreement to market and distribute Cashco Management Inc.'s (www.cashcointl.com) family of enPact software products (www.enpact.com) which include enPact Y2K Software Compliance Tool, enPact SU-Single User and enPact SBE-Small Business Edition 3 User Network Contact Managers.
The shares of ID Four Ltd. are quoted on the Over the Counter Bulletin Board, symbol OTC:BB-IDFR.
Board of Directors, ID Four Ltd.
``Safe Harbor' statement under the Private Securities Litigation Reform Act of 1995: This release contains forward looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the Company's press releases.
SOURCE: ID Four Limited |
