NEWS ! CLRT Completes First Order to Total Vision for Condominiums KNOXVILLE, Tenn., Jan 3, 2002 (BUSINESS WIRE) -- Celerity Systems, Inc. (OTC BB: CLRT) announced today that it has completed delivery of its initial order to Total Vision of the Gulf States, LLC, located in Gulf Shores, Alabama, to provide video servers, digital set top boxes, content and other services as part of their deployments in condominiums and other properties on the Gulf Coast. The first order was for two CTL 9500 Digital Video Servers and 350 T 6000 Digital Set Top Boxes, as well as content and certain other services. "We are very happy to have completed this first order for Total Vision," said Ken Van Meter, President and CEO of Celerity, "and we are now in the support, services and content phase for these first two properties. Total Vision has been excellent to work with, and they have a great vision of deploying these systems up and down the Gulf Coast. We would, of course, be quite pleased to help them do that." "Celerity has done a fine job for us thus far," added Dennis Kaiser, Director of Total Vision. "Their T 6000 Digital Set Top Box is the best we have found for this market, and their ability to offer an end-to-end solution, including content, has been a big plus for us. We hope that we can do many more successful projects together." Celerity Systems is a provider of advanced digital set top boxes and video servers for interactive television and high-speed Internet. Target markets include condominiums and other resort and hospitality properties, schools, energy companies, cable companies, multihousing, and telcos. Celerity can also provide end-to-end systems through strategic relationships with leading technology companies. Celerity also provides content for entertainment and education applications. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission. CONTACT: Celerity Systems Inc., Knoxville James Hudson, 865/539-3510 jhudson@celerity.com www.celerity.com URL: businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Copyright (C) 2002 Business Wire. All rights reserved. -0- KEYWORD: TENNESSEE ALABAMA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS HARDWARE SOFTWARE INTERNET ENTERTAINMENT SOURCE: Celerity Systems Inc. *** end of story *** |