ROBO! I can't remember who 1st posted it here, but I've been holding since 2 3/4.
(PR NEWSWIRE) Eshed Robotec (1982) Limited Announces That its New Subsidiary
Eshed Robotec (1982) Limited Announces That its New Subsidiary MEMCALL Files
for Memory Technology Patent
ROSH HAAYIN, Israel, Feb. 29 /PRNewswire/ -- Eshed Robotec (1982) Ltd. the
"Company") (Nasdaq: ROBO), a company whose shares are traded both on Nasdaq
(ROBO) and on the Tel Aviv Stock Exchange, hereby announces that it has
incorporated a subsidiary company -- MEMCALL INC. -- in the United States.
MEMCALL filed yesterday (Feb 28, 2000), a patent application for a new
computer memory technology -- CALL OUT MEMORY (COM).
This new technology, if proven successful, may drastically reduce search
time for data in computer memory and in databases on Internet servers, network
servers and Internet search engines. The advantage of this technology is that
while seeking information, the correct memory cell can be reached directly, as
opposed to most of the current existing technologies which search many
irrelevant memory cells in each memory search -- a process which entails a lot
of computer time. Other smart memory technologies are available but are
limited in their capacity. MEMCALL's technology may solve this memory size
limitation, and may enable the manufacture of modular memory components with
larger capacities, similar to those of regular memories.
The technology may be applicable to a wide range of computer systems --
personal computers, Internet servers, communication network servers, Internet
search engines and database management systems. The technology may be used in
the manufacture of electronic memory chips of various memory capacities.
MEMCALL will shortly commence the development of memory circuit prototypes
based on this new technology, in order to check its applicability and its
advantages over existing technologies. No assurance can be given that this
technology will be proven successful.
The Company
Eshed Robotec (1982) Ltd. is one of the world leaders in the field of
technological education serving technical schools, universities and industry.
The Company designs, manufactures, markets and supports a complete range of
solutions for teaching subjects in the field of Automated Manufacturing
Technologies. These products include software and hardware for courses in
robotics, Computer Integrated Manufacturing and other subjects. In addition
the Company is a promoter of new startups in the technological and the
Internet fields.
Safe Harbor Statement
To the extent that this press release discusses expectations about market
conditions or about market acceptance and future sales of the Company's
products, or otherwise makes statements a about the future, such statements
are forward-looking and are subject to a number of risks and uncertainties
that could cause results to differ materially from the statements made. These
factors include the rapidly changing technology and evolving standards in the
industries in which the Company and its subsidiaries operate, risks associated
with the acceptance of new products by individual customers and by the market
(PR NEWSWIRE) Eshed Robotec (1982) Limited Announces That its New Subsidiary
Eshed Robotec (1982) Limited Announces That its New Subsidiary MEMCALL Files
for Memory Technology Patent
ROSH HAAYIN, Israel, Feb. 29 /PRNewswire/ -- Eshed Robotec (1982) Ltd. the
"Company") (Nasdaq: ROBO), a company whose shares are traded both on Nasdaq
(ROBO) and on the Tel Aviv Stock Exchange, hereby announces that it has
incorporated a subsidiary company -- MEMCALL INC. -- in the United States.
MEMCALL filed yesterday (Feb 28, 2000), a patent application for a new
computer memory technology -- CALL OUT MEMORY (COM).
This new technology, if proven successful, may drastically reduce search
time for data in computer memory and in databases on Internet servers, network
servers and Internet search engines. The advantage of this technology is that
while seeking information, the correct memory cell can be reached directly, as
opposed to most of the current existing technologies which search many
irrelevant memory cells in each memory search -- a process which entails a lot
of computer time. Other smart memory technologies are available but are
limited in their capacity. MEMCALL's technology may solve this memory size
limitation, and may enable the manufacture of modular memory components with
larger capacities, similar to those of regular memories.
The technology may be applicable to a wide range of computer systems --
personal computers, Internet servers, communication network servers, Internet
search engines and database management systems. The technology may be used in
the manufacture of electronic memory chips of various memory capacities.
MEMCALL will shortly commence the development of memory circuit prototypes
based on this new technology, in order to check its applicability and its
advantages over existing technologies. No assurance can be given that this
technology will be proven successful.
The Company
Eshed Robotec (1982) Ltd. is one of the world leaders in the field of
technological education serving technical schools, universities and industry.
The Company designs, manufactures, markets and supports a complete range of
solutions for teaching subjects in the field of Automated Manufacturing
Technologies. These products include software and hardware for courses in
robotics, Computer Integrated Manufacturing and other subjects. In addition
the Company is a promoter of new startups in the technological and the
Internet fields.
Safe Harbor Statement
To the extent that this press release discusses expectations about market
conditions or about market acceptance and future sales of the Company's
products, or otherwise makes statements a about the future, such statements
are forward-looking and are subject to a number of risks and uncertainties
that could cause results to differ materially from the statements made. These
factors include the rapidly changing technology and evolving standards in the
industries in which the Company and its subsidiaries operate, risks associated
with the acceptance of new products by individual customers and by the market
place and other factors discussed in the business description and management
discussion and analysis sections of the Company's Annual Report on Form F-20.
SOURCE Eshed Robotec (1982) Ltd.
-0- 02/29/2000
/CONTACT: Noam Kra-Oz of Eshed Robotec (1982) Ltd., 972-3-900-4-101/
/Company News On-Call: prnewswire.com or fax,
800-758-5804, ext. 119292/
/Web site: eshed.com
(ROBO)
CO: Eshed Robotec (1982) Ltd.
ST: Israel
IN: CPR EDU |
