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Technology Stocks : AULT: The unnoticed superstar -- Ignore unavailable to you. Want to Upgrade?

To: John D. White who wrote (367)	9/20/2000 8:34:30 AM
From: RRICH4	Read Replies (1) \| Respond to of 369

AULT gets China contract Tuesday September 19, 5:20 pm Eastern Time Press Release Ault Incorporated Announces Major Contract With Leading Chinese Telecommunications Company MINNEAPOLIS--(BUSINESS WIRE)--Sept. 19, 2000--Ault Incorporated, a leading North American manufacturer of external power conversion products (Nasdaq:AULT - news), announced today that it has signed a manufacturing contract with Eastern Communications Co., Ltd. (EastCom) for $1.2 million (U.S.). The contract specifies Ault to manufacture a custom-designed Lithium Ion battery charger for EastCom's EL600 dual-frequency digital cellular telephone. EastCom is the largest manufacturer and supplier of cellular mobile telephones and cellular mobile systems in the People's Republic of China. ``This is the first order we have received from EastCom,'' explained Fred Green, Ault's President and CEO. ``We are honored to partner with EastCom to manufacture a high-quality battery charger that meets the quality standards specified by EastCom, and we are confident this venture will lead to additional business with EastCom.'' Shipments have already begun to support the sale of Eastern Communication's new model cell phones. Established in 1992, Eastern Communications Company, Ltd. is engaged in research and development as well as production and sales of mobile telecommunications equipment, optical transmission equipment and ancillary products. Ault is the largest independent manufacturer of power conversion products based in North America. The Company is the leading supplier to OEMs in the datacom/telecom convergence market which includes DSL and cable modems, wireline and wireless communications equipment, medical equipment and networking hardware. For more information, contact Ault Inc., 7105 Northland Terrace, Minneapolis, Minn., 55428. Tel: 763.592.1900 Fax: 763.592.1911. E-mail: info@aultinc.com, Web: aultinc.com. -------------------------------------------------------------------------------- Contact: Ault, Inc., Minneapolis Cindy Trojanowski tel: 763.592.1943 email: cjt@aultinc.com or Padilla Speer Beardsley Inc. Kathy Burnham tel: 612.871.8877 email: kburnham@psbpr.com