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Computer Concepts Reports Major Contract; Details To Follow
Business Wire - December 01, 1997 08:47
%COMPUTER-CONCEPTS CCEE %NEW-YORK %COMPUTERS %ELECTRONICS %COMED %PRODUCT V%BW P%BW
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BOHEMIA, N.Y.--(BUSINESS WIRE)--Dec. 1, 1997--Computer Concepts Corp. (NASDAQ:CCEE) reports that it has formalized a contract with a major telecommunications company which it anticipates will generate substantial revenues in 1998. Details to follow. This release contains forward looking statements which are based on current information and on management assumptions, and are subject to other important factors disclosed from time to time in the company's Form 10-K and Form 10-Q and other Security and Exchange Commission filings including specifically, among other factors, changing marketing and economic conditions, timely roll-out of its products by licensees and acceptance of the company's Internet based d.b.Express applications. Actual results may differ materially from the forward-looking statements in this release. Computer Concepts develops software tools including d.b.Express that assist end-users in the retrieval and visualization of all types of data. Computer Concepts' wholly owned SOFTWORKS subsidiary is a leading global provider of IT solutions for the enterprise including a suite of tools which provide Year 2000 solutions. SOFTWORKS responds to the data management needs of more than 1,800 organizations worldwide, supporting customers, including nearly 80% of the Fortune 100, in more than 50 countries. Located in Bohemia, New York, Computer Concepts and its subsidiaries employ a staff of 186. For more information about Computer Concepts and SOFTWORKS, call (516) 244-1500 or visit Computer Concepts' web site at www.computerconcepts.com or SOFTWORKS' web site at www.softworkscc.com.
CONTACT: Media Contact: Fielding Dupuy (212) 633-2283 Manhattan Media Associates or Gary Kolesar, VP Investor Relations Leigh Athans - Investor Relations Manager Computer Concepts Corp. (516) 244-1500 |