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Microcap & Penny Stocks : CLRT

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To: CBurnett who wrote (379)1/3/2002 12:03:22 PM
From: BlueCheap  Read Replies (1) of 382
 
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
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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 ***
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