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Technology Stocks : Cumetrix Data Systems Corp. (CDSC)

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To: Alan Boyd who wrote (45)3/31/1999 6:17:00 PM
From: CoffeePot  Read Replies (1) of 92
 
Looks like SureDeals.com wont launch until late April.....though a bit disappointed hopefully it'll be worth the extra wait.....I've also noticed CDSC redesigned their main home page cumetrix.com ......quite a improvement over the last one. IMO

Cumetrix Announces Promotional Campaign
and Launch Schedule for Suredeals.com

INDUSTRY, Calif.--(BUSINESS WIRE)--March 31, 1999--Cumetrix Data
Systems Corp. (Nasdaq:CDSC - news) Wednesday announced that it is in
final stages of programming the launch of a public relations campaign to coincide with the new opening date of its online stores (Suredeals.com), scheduled for the third week of April 1999.

Max Toghraie, chief executive officer of Cumetrix, stated: ''Due to the expanded scope of the project as well as the time required in coordinating various aspects of the promotional activities for the new sites, we have extended the launch date of the online stores by nearly three weeks.''

Toghraie continued: ''As previously announced, we are planning the roll-out in several phases beginning with the computer-related products and subsequent addition of new categories in travel, optical as well as other products and services currently under consideration.'' He continued: ''Since the formation of our wholly owned Internet subsidiary in mid-January, we have successfully leveraged our existing relationships to further the internal transition of the company as well as the organizational development of Online Transaction Technologies Inc.''

He concluded: ''We are very excited about our progress and the new course and strategic direction of Cumetrix as we continue to develop and broaden the range of products, services and e-commerce solutions to be offered through various divisions of our Internet subsidiary.''

Cumetrix Data Systems (Nasdaq:CDSC - news) is a national provider automated custom configuration and component distribution services. Through Internet Data Exchange (Interdax), its wholly owned Internet
subsidiary, the company has invested in and operates various Internet- related ventures. The company has
headquarters in City of Industry.

With the exception of historical information, certain statements in this news release are forward-looking statements that involve risks and uncertainties including success of the marketing and promotional programs and subsequent market acceptance of Suredeals.com, timely release of the e-commerce sites and continued formation of various alliances by the company. Actual events or results may differ materially from the company's expectations due to various factors. The risks highlighted herein should not be assumed to be the only things that could affect the future performance of the company. Additional explanation of these factors and other factors affecting the company's performance are set forth from time to time in the company's filings with the U.S. Securities and Exchange Commission.
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