IDTec Now Traded on Berlin Stock Exchange
PR Newswire - October 07, 1998 13:50
VISTA, Calif., Oct. 7 /PRNewswire/ -- International Digital Technology, Inc. (OTC Bulletin Board: IDTX), a leading designer, integrator and marketer of sophisticated wide-format digital printing software systems, is now listed on the Third Market Segment of the Berlin Stock Exchange.
Trading began on September 28, under the symbol "IIT" and the German Securities code(Wertpapierkennnummer) is 916252.
"The listing of IDTec's shares on the Berlin Stock Exchange gives us access to a new group of investors in Europe who are very interested in high growth companies such as ours," says Robert Hughes, president
of IDTec. "A major focus of our corporate plan is to establish a strong presence in Europe for our printing systems and media sales, and possible future franchising opportunities.
"The wide format market in Europe is large and growing at a rapid rate," Hughes continued. "We hope to attract a large shareholder following in Europe as our business there expands."
About International Digital Technology (IDTec)
IDTec offers customers a one-stop wide format, print management system. The company integrates computers, wide format ink-jet printing and scanner equipment, with IDTec's proprietary wide format,
one-time scan and print, digital color management software known as RapidColor Rip Software. The result is an integrated system that provides a "plug and play" wide format print solution that allows
one-step digital scanning and fast printing on surfaces up to 60" wide and almost any length.
The company's management and sales force is among the most experienced in the industry and has sold over 2,000 wide format printers, or nearly 10% of the total installed base in the United States.
Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by International Digital Technology) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the wide-format printing industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. These forward-looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.
SOURCE International Digital Technology, Inc.
/CONTACT: Blaine Roberts of International Digital Technology, Inc.,
800-699-7468/
|
