Company press releaes today:
Boy is the price steady lately or what?
The calm before the storm!
But which way is it going to go?
The one thing keeping me from getting to nervous is that Tele-chart 2000's BOP chart shows the heavyest buying in 6 months, 10 straight days of heavy buying pressure (scale gets clipped at max height)
Jake
Thursday September 11 9:28 AM EDT
Company Press Release
Disk Drive Maker JTS Corp. Declares American Custom Components The Winner In Connector Supplier Battle
ANAHEIM, Calif.--(BUSINESS WIRE)--Sept. 11, 1997--Concluding one of the disk drive industry's most closely watched supplier contests of 1997, American Custom Components (OTCBB:RBBS - news) Thursday announced it has reached a landmark agreement with leading-edge drive maker JTS Corp. (AMEX:JTS) to become the sole source supplier of card-edge connectors for the JTS CHAMPION desktop and NORDIC laptop hard disk drives.
American Custom Components (American) will supersede all current suppliers of card-edge connectors for the CHAMPION drive, recognized by many for its superior quality and performance in multimedia applications on desktop computers. Initial production of America's new proprietary connectors should approximate 200,000 units per month.
``We are very pleased to be a member of the supplier team for the CHAMPION drive,'' commented American chief executive Tony Walk.
``CHAMPION offers more than high-octane performance, it delivers the highest reliability available in desktop drives. And maximum reliability is our niche.'' (American also supplies the U.S. government with critical components for TOW missiles).
American will also be the sole source supplier of card-edge connectors for much-anticipated new version of the JTS NORDIC laptop drive due out in early 1998.
``The NORDIC is an OEM-oriented product,'' explained JTS marketing director T.J. Scimone.
``It brings blockbuster performance and capacity to the laptop arena and we expect to steadily increase our penetration among leading notebook manufacturers.''
The customer list for NORDIC drives already includes industry giant Compaq Computers.
As with many American products, the connectors supplied to JTS will encompass state-of-the-art design elements patented by American's engineering staff.
One of Southern California's rising young technology stars, American Custom Components is a rapidly growing designer and manufacturer of specialty electronic parts and components.
American has carved out a powerful niche for itself by offering technology-based industries a complete program including rapid design, engineering, tooling, molding and assembly services. |
