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Microcap & Penny Stocks : OneSource Technologies-OSTK -- Ignore unavailable to you. Want to Upgrade?

To: Moahiat who wrote (4)	12/20/1999 9:51:00 AM
From: Moahiat	Read Replies (1) \| Respond to of 10

New Release Today: 12/20 06:51 OneSource Receives 3-year Extension Contract with King Sooper; OSTK OneSource Receives 3-year Extension Contract with King Sooper; Extension Includes Current Onsite Equipment Maintenance Agreement SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Dec. 20, 1999--OneSource Technologies Inc. (Electronic Quotation:OSTK) today announced it has received a 3-year contract extension with current on-site equipment maintenance contract. This agreement with King Sooper is for Denver, Colo., locations. In addition to the extended renewal period, the new contract expands coverage to include all locations' Verifone debit/credit units, printers, VeriCash drawer audit system, and U-Scan self-checkout systems. These new services are in addition to the presently covered Point-of-Sale registers and scanners in all stores. The new agreement also incorporates on-site IBM (NYSE:IBM) warranty service coverage by OneSource field service technicians for all new IBM POS equipment still under warranty. In this way King Soopers has a truly single source service provider in all in-store equipment maintenance. King Sooper's decision to renew and extend its present agreement was significantly influenced by the exceptionally responsive and high quality of OneSource's on-site service during the past year. Also contributing to the decision was the flat-rate fee charted by OneSource that is significantly lower than King Sooper has previously paid for comparable equipment service. King Sooper is a Colorado-based division of The Kroger Co. (NYSE:KR) and operates 89 state-of-the-art super market locations along the eastern front of the Colorado Rockies from Ft. Collins to Pueblo. King Sooper is the largest grocery chain in Colorado and is known for its aggressive style and high customer service philosophy. This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbors created by those sections. These forward-looking statements include statements related to potential mergers and the effect of those mergers on the prospects of the company. Actual results may differ materially due to a number of risks, including the uncertainty of completion of the contemplated transactions. This press release provides general information and should not be construed as an offer to sell securities. The material contained herein has been obtained from sources believed to be reliable, but is not complete and its accuracy cannot be guaranteed. This report is for informational purposes only and should not be construed as advice or meet the investment needs of any particular investor or designed to be the basis of any investment decisions. Note to editors: OneSource Technologies and Flat-Rate Blanket Maintenance System are trademarks of OneSource Technologies Inc. Some of the product names mentioned herein are for identification purposes and may be trademarks or registered trademarks of their respective companies. --30--kwp/la* CONTACT: OneSource Technologies Inc., Scottsdale Don Gause, 480/889-1177 Fax: 480/889-1166 mailto:Invest1sourcetech.com Today's News On The Net - Business Wire's full file on the Internet