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Microcap & Penny Stocks : HGRM--Any Followers?

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To: george eberting who wrote (2380)4/23/1999 1:34:00 PM
From: Madeleine Harrison  Read Replies (2) of 3576
 
I bet THESE guys pay their bills:

(PR Wires) DJ: HoloTrak Scanners Speed Pick Up and Delivery at DaimlerC
DJ: HoloTrak Scanners Speed Pick Up and Delivery at DaimlerChrysler Assembly
Plants

BLACKWOOD, N.J.--(BUSINESS WIRE)--April 23, 1999--Metrologic Instruments,
Inc. (NASDAQ-NMS: MTLG), a leading manufacturer of laser and holographic bar
code scanners, today announced that DaimlerChrysler has increased the number
of Metrologic HoloTrak IS8500 omnidirectional bar code scanners in use at
its assembly plant entrance and exit gates.
Since first installed at DaimlerChrysler in fall 1997, DaimlerChrysler has
advised Metrologic that HoloTrak scanners have consistently read bar coded
identification numbers and Standard Carrier Alpha Code (S.C.A.C.) bar codes
on tractor trailers entering and exiting DaimlerChrysler's automotive
assembly plants. DaimlerChrysler's PC-based host system then directs each
trailer to the correct loading dock. This automatic data entry system
eliminates the need for manual data entry and reduces the amount of time
guard station employees spend on each tractor-trailer (freeing them up to do
other tasks).
DaimlerChrysler Senior Analyst, Tom Northrop recently stated, "We have
worked closely with the Automotive Industry Action Group (AIAG) to create a
single, high quality bar code label which we expect will be used by all
carriers throughout North America for trailer identification." He continued,
"This standard label is designed to work with HoloTrak to ensure the best
data accuracy, yard data integrity, and speed in processing arriving and
departing trailers - benefiting everyone serviced by DaimlerChrysler."
Metrologic Industrial Products Marketing Manager, Frank Lodge stated, "Even
in the absence of a standard label, the omnidirectional, dense scan pattern
projected by Metrologic's HoloTrak scanners effectively reads bar codes of
many sizes and densities, even labels positioned at an angle. Encased in a
specially designed heated/ventilated outdoor enclosure for protection
against the environment, HoloTrak IS8500 scanners read bar codes reliably
even in bright sun, rain, clouds or snow. The HoloTrak IS8500 projects an
80-line omnidirectional scan pattern capable of scanning trucks at various
distances."
DaimlerChrysler Supply Systems Specialist, Ken Paetkau stated, "We intend to
deploy a significant number of additional HoloTrak scanners at all North
American assembly and manufacturing facilities by the year 2000." He added,
"Metrologic has provided our company with a high-speed, innovative solution
for faster shipment processing. We are pleased with the immediate and
long-term performance of HoloTrak."

Metrologic designs, manufactures, and markets bar code scanning equipment
incorporating laser and holographic technology. The company's principal
products are hand-held scanners, fixed projection scanners, in-counter
scanners and industrial scanners. The company ships its products into more
than 85 countries and is based in Blackwood, New Jersey.

The discussion in this news release includes forward-looking statements
based on current management expectations. Factors which would cause the
results to differ from these expectations include the following: general
economic conditions; foreign currency fluctuations with the U.S. dollar;
competitive factors (including the results of the company's new marketing
efforts) and pricing pressures; technological changes in the scanner
industry; availability of patent protection for Metrologic's holographic
scanners and other products; sales cycles of Metrologic's products; degree
of satisfaction with Metrologic's products by customers such as
DaimlerChrysler; and the timing, introduction and market acceptance of
Metrologic's new products and/or DaimlerChrysler's new universal bar code
label. For additional factors, please see the company's reports filed with
the Securities and Exchange Commission.

CONTACT: For more information about HoloTrak Products, contact:
Metrologic Instruments, Inc., Blackwood
Frank Lodge, Industrial Products Marketing Manager
Phone: 609/374-5503
Fax: 609/228-1879
Email: F.Lodge@metrologic.com
Internet: www.metrologic.com
or
Analysts should contact:
Thomas E. Mills IV, Executive Vice President/COO
Phone: 609/228-8100
12:36 EDT APRIL 23, 1999
*** end of story ***
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