Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : JTS- "A Nordic Drive in Every PC and laptop" -- Ignore unavailable to you. Want to Upgrade?

To: Ben Antanaitis who wrote (1491)	10/27/1997 1:04:00 PM
From: spinynorman1323	Read Replies (1) \| Respond to of 1985

JTS news release..distribution agreement with Continental Tech.... _____________________ JTS Partners With Continental Technology for Distribution of Champion Performance Desktop Hard Drives PR Newswire - October 27, 1997 12:53 JTS %CPR V%PRN P%PRN Jump to first matched term SAN JOSE, Calif., Oct. 27 /PRNewswire/ -- JTS Corp. (Amex: JTS) today announced that a distribution agreement has been signed with Continental Technology to market and sell its Champion line of performance desktop hard drives. "JTS Corporation is pleased to enter into a partnership with Continental Technology who offers us both volume sales and value-added design-in capabilities for our Champion hard drives utilized in personal computers," said David Liscom, vice president of North American sales at JTS Corporation. "Continental's diverse customer base and national coverage enable us to better serve our customers." "Continental Technology is pleased to offer the Champion family of performance desktop hard drives and furnish our customers with such quality, value-oriented products," said Frank Ho, president and CEO of Continental Technologies. Since 1987, Continental Technology, Inc. (CTI) has been a leading distributor of quality PC products and systems with 1996 annual sales of $120 million. Sales growth for 1997 is expected to be in excess of 50%. Started in the state of New Jersey, CTI has grown and met the demands of its satisfied customers by serving them nationwide with the establishment of seven regional offices in the states of California, Georgia, Illinois, New Jersey, New York, and Texas. You can visit CTI's website at www.continentaltech.com. JTS Corp., with headquarters in San Jose, Calif., was founded in 1994 to design, manufacture and supply enhanced-capacity hard disk drives for desktop personal computer markets. For further information, contact JTS Corp. at 166 Baypointe Parkway, San Jose, Calif. 95134. Phone: 408-468-1800, Fax: 408-468-1619. Website: www.jtscorp.com. Except for the historical information contained herein, the discussion in this press release contains forward-looking statements that involve certain risks and uncertainties. The Company's actual results could differ materially from those discussed here. Factors that could cause or contribute to such variances include, but are not limited to, the Company's limited operating history; the need for additional financing; the uncertainty of market acceptance of the Company's products; the highly competitive market; the Company's ability to achieve and maintain volume shipments of products mentioned in this press release; the Company's dependence on its relationship with Compaq Computer; its dependence on a single manufacturing facility and those additional risk factors discussed from time to time in the Company's SEC reports, including but not limited to the Company's Annual Report on form 10K for the year ended February 2, 1997. SOURCE JTS Corporation /CONTACT: Kimberly Toney of JTS Corporation, 408-468-1621, or fax, 408-468-1619, or ktoney@jtscorp.com/ /Web site: jtscorp.com (JTS)