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Microcap & Penny Stocks : CITI --- low P/E, low float, selling under book value

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To: Mighty_Mezz who wrote (210)9/20/2000 3:07:00 PM
From: Mighty_Mezz  Read Replies (1) of 222
 
FBI, U.S. Attorney's Office and Dept. of Health and
Human Services Choose
ATM/Canterbury Corp.

MEDFORD, N.J.--(BUSINESS WIRE)--Sept. 20, 2000-- ATM/Canterbury Corp., a
wholly-owned subsidiary of Canterbury Information Technology, Inc.
(NASDAQ:CITI - news), announced today that in a combined effort, the FBI, U.S.
Attorney's Office and the Dept. of Health and Human Services chose Master
Trak from ATM/Canterbury to track evidence in their new state of the art
facility in Miami.

Alan McGaffin, ATM/Canterbury's president said ``When one of these agencies
seizes evidence, there is a tremendous amount of coordination involved. One
of the tasks required is boxing and cataloging. The traditional method has
been to manually fill out inventory log sheets.

In an effort to improve on existing procedures, all three agencies created a
task force to search the industry for a system which would better automate
the process giving them increased control without losing any safeguards for
evidence integrity. After a thorough search, they decided that the Master Trak
System from ATM/Canterbury satisfied their requirements and even gave
them some enhanced automation techniques at the point of seizure to make
the tasks of cataloging much more efficient. It is uncertain at this time what
volume of business may result from this relationship, but Master Trak's
ability to use barcodes to check evidence in and out of the storage areas and
maintain a complete history of movements makes access to information much
easier. Agents will have the ability to request specific pieces of evidence
from their PC workstations and a request slip will automatically print in the
evidence area. Master Trak keeps a record of all requests for historical and
reporting purposes.``

Doris Giles of the Miami U.S. Attorney's Office was quoted as saying ``Master
Trak's cataloging and requesting techniques are very unique and we had not
seen this in other systems. The ATM staff came to our facility and trained our
staff on the installation and use of Master Trak. The ATM training team will
visit again for an advanced training class, if needed. The ATM Help Desk staff
has been very helpful. This is definitely the best system we have seen for
evidence tracking''.
siliconinvestor.com

... Mezz - All alone on the group W bench.
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