To: Rick who wrote (7380 ) 10/26/1997 12:31:00 PM From: Rick Respond to of 12454
WHAT HAPPENED TO THIS 10 MILLION DOLLARS??? HECK WHAT HAPPENED TO THE 1/2 MILLION?????? ============== COMPUTER CONCEPTS NEW YORK STATE LICENSE AGREEMENT POTENTIAL IN EXCESS OF $10 MILLION; SHIPMENT OF $500,000 IN INITIAL ORDERS EXPECTED WITHIN 60 DAYS Bohemia, NY - April 23, 1996 - Computer Concepts Corp. (NASDAQ:CCEE) announced today that the potential value of its license to provide New York software technology is in excess of $10,000,000. Shipments of initial to various New York State agencies are expected to approximate $500,000 over the next 60 days. As previously announced, a full time systems analyst is being assigned by Computer Concepts to oversee the installation and use within the States agencies. Although the license agreement with the State provides purchase , it does not provide a minimum order commitment, and each agency will determine the number of units to be ordered. Based on positive responses from initial contacts with the States agencies, Computer Concepts is very optimistic that the product will be generally adopted, however, there is no assurance of such acceptance. The product allows point and click access to database information resources without the need for knowledge of specific database query language or programs. Computer Concepts Corp. develops and markets, through a number of market focused business units, software tools that that help organizations develop and operate business-critical applications. The Company markets its unique d.b.Express line of information delivery software to allow instantaneous delivery of data to users without the need for programming. The Companys Softworks, Inc. subsidiary is a leading provider of systems and data management software tools for large systems and client/server environments. The Companys MapLinx Inc. subsidiary provides MapLinx for Windows, the leading full featured and affordably priced database mapping software package available for software professionals. Information regarding Worldwide Web server at www.computerconcepts.com (Note: the character that precedes dbexpress is a tilda, and is located at the top left hand side of the keyboard.)