News today. ELNK to be distributed on CDSC PC's. Mentions
www.suredeals.com, and cross-promotional programs with ELNK.
This also puts CDSC in front of ELNK investors.
Cumetrix Announces Signing of Distribution Agreement with EarthLink; Agreement Makes EarthLink the Exclusive ISP on Cumetrix Desktops
Business Wire - April 14, 1999 10:20
INDUSTRY, Calif.--(BUSINESS WIRE)--April 14, 1999---Cumetrix Data Systems Corp. (Nasdaq:CDSC) Wednesday announced the signing of a distribution agreement with EarthLink (Nasdaq:ELNK), a leading Internet service provider, to offer Internet access to Cumetrix PC customers by bundling EarthLink's Internet access software on its desktop systems.
Commenting on the agreement, Max Toghraie, chief executive officer of Cumetrix, said: "As we increasingly shift our resources towards development and growth of our Internet subsidiary, we shall continue to pursue related opportunities to offer value-added services to our online customers.
"Additionally, in advance of the launch of our online store (Suredeals.com), we are evaluating various cross-promotional programs with Internet service providers and hope to have the opportunity to broaden our relationship with EarthLink as we aim to establish 'Suredeals.com' as a premier site for great values on the internet," Toghraie added.
"The number one use of home computers is getting online, so it's important that computers include Internet access as a central feature," said Bob Johnson, vice president of OEM channel sales at EarthLink. "By working with computer manufacturers like Cumetrix, we're able to provide people with a positive Internet experience right out of the gate."
Cumetrix is a national provider of 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. The company's Internet address is: www.cumetrix.com.
With the exception of historical information, certain statements in this news release are forward-looking statements that involve risks and uncertainties. Actual events or results may differ materially from the company's expectations due to various factors including risks associated with any new internet venture, continuation of a relationship with Earthlink and success of various promotional programs currently in planning stage. 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.
CONTACT: Cumetrix Data Systems Corp., City of Industry
Max Toghraie, 626/965-6899
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