YARC News
Sunday December 19, 12:00 pm Eastern Time
Company Press Release
YARC Forms Merger Alliance with CTI Imaging Systems
CAMARILLO, Calif.--(BUSINESS WIRE)--Dec. 19, 1999--YARC Systems Corporation (OTC-BB: YARC - news) and CTI Imaging Systems Inc. yesterday entered into an agreement to jointly pursue certain merger and acquisition targets.
CTI Imaging Systems Inc is a privately held corporation formed by Hank Bechard, a founder and former C.E.O. of Autologic Information International, Inc. (NASDAQ: AIII - news), Wes Stupar, founder and former Chief Engineer at Autologic, Claude LaCoche, who was responsible for developing Autologic's European market base, John Cannon, a specialist in Computer Systems Management, and Joe Yuhos, who was Project Manager for the APPS-1, Autologic's first successful computer-to-plate printing system.
Autologic is a majority owned subsidiary of Volt Information Sciences, Inc (NYSE: VOL - news).
About YARC (http://www.yarc.com/)
YARC has developed proprietary LINUX software that integrates Printing technologies with the Internet and Internet Browsers. YARC's proprietary version of Adobe Systems' ''PostScript'' Printer Description Language (PDL) is used to transfer images from a computer, over a network such as the Internet, to a printing engine.
YARC has placed its LINUX Color Server onto the Internet at yarcxp.com
YARC's E-Commerce Server is at secureshop.yarcrip.com
DISCLAIMERS:
Forward Looking Statements: Certain of the above statements may be forward looking statements that involve risks and uncertainties. In such instances, actual results could differ materially as a result of a variety of factors, including competitive developments, lack of adequate financing, and other risk factors listed from time to time in the Company's disclosure statements and/or SEC reports. Such statements are protected under the Safe Harbor provisions of the securities regulations. All trademarks are the property of their respective owners.
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Contact:
YARC Investor Relations:
Philippe Niemetz, 800/477-7570
212/344-6464
email: wphconsultants@msn.com
or
YARC Press Relations:
800/800-YARC
Susie
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