DALLAS--(BUSINESS WIRE)--Nov. 30, 1999--uniView Technologies Corp. (Nasdaq:UVEW - news) confirms that Kmart is the retailer for the Curtis Mathes branded televisions which went on sale Thanksgiving Day nationwide.
The market has been expecting to see the Curtis Mathes name on electronic products since the licensing deal was announced earlier in the year, but due to the confidentiality agreement, a retailer was not disclosed.
''Additional licensing agreements can be expected for the Curtis Mathes brand. The Curtis Mathes brand is a significant asset of our company, and should add considerable royalty revenue to the bottom line,'' said Pat Custer, Chairman and CEO of uniView. ''It is an exciting day to see millions of dollars of televisions sold with the Curtis Mathes brand on the re-introduction of the name.''
Kmart, the second largest retailer with over 2100 storefronts in the U.S., has been very successful over the years offering private label products through their retail stores. The most recent success was the Martha Stewart name, which now has sales over a billion dollars.
Dallas based uniView Technologies Corp. offers the expertise and innovative tools necessary to create fully customized video-on-demand, interactive applications, e-commerce, and other interactive broadband services. Building on a foundation of convergence technology, and the understanding of end user requirements, uniView has merged its Internet access technologies and existing applications with the technologies of its development partners to deliver the future of interactive networking products and services.
In 1997, uniView introduced its first revolutionary set top box and, today, its Advanced Systems Group (ASG) uses convergence devices and integration expertise to design custom broadband networks for clients in multi-level marketing, hospitality, utilities, banking, medical facilities, and telecommunications. In addition to complete network system design, ASG also offers Web site development, Web site hosting and full international Internet access, while uniView's Product Group focuses on research, product development and customer service. More information on uniView is available at www.uniView.net.
NOTICE: Some of this information may contain ''Forward Looking Statements'' which are company plans, projections and uncertainties. For a discussion of risk factors associated with some of these plans and projections, please refer to the company's SEC filings, which contain additional discussion about those factors which could cause actual results to differ from management's expectations.
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Contact:
uniView Technologies Corporation, Dallas
Investor Contact:
Robert E. Fudickar, 972/233-0900
E-mail: bfudickar@uniView.net |
