To: Doug R who wrote (10108 ) 1/6/1998 9:28:00 AM From: Sandra Respond to of 79163
Doug, Looks like cmci, got a new customer to replace what they lost last week. Company Press Release CMC Announces New Customers SANTA CLARA, Calif.--(BUSINESS WIRE)--Jan. 5, 1998--CMC Industries, Inc. (NASDAQ: CMCI - news) today announced that Premisys Communications has selected CMC's Mississippi operations as its primary North American electronic manufacturing services provider and that CMC has begun a manufacturing relationship to provide prototyping, materials procurement and management, PCB assembly and test, and repair/rework services for Williams Electronics. ''We are pleased to be selected to provide manufacturing services to Premisys and Williams,'' commented Matthew Landa, President and CEO of CMC. ''The outsourcing decision by Premisys will allow them to take advantage of CMC's specialized strengths in the areas of high-end communications system integration and test. Our relationship with Williams encompasses the full suite of turnkey manufacturing services for sophisticated products in the video arcade game arena. We look forward to working closely with Premisys and Williams in the future.'' Premisys Communications, Inc., based in Fremont, California, pioneered development of integrated access solutions for telecommunications service providers. Today, Premisys leads the industry worldwide with a growing family of access products, featuring its Integrated Multiple Access Communications Server (IMACS). Premisys' products allow service providers to quickly and cost effectively accommodate the growing demand from businesses for voice, data and video communications services. WMS Industries, Inc. is engaged in the design, manufacture and sale of coin operated and home video games, pinball and novelty games and video lottery terminals and gaming devices. Williams Electronics, a subsidiary of WMS Industries, Inc., manufactures video arcade games including San Francisco Rush, Blitz and Mortal Kombat 4, for its affiliated companies, Midway Games, Inc. and Atari Games Corporation. Headquartered in Santa Clara, California, CMC Industries is a leading provider of electronic manufacturing services to original equipment manufacturers in the telecommunications, computer and electronics industries. The Company has operations in Corinth, Mississippi; Santa Clara, California; Hermosillo, Mexico; Huntsville, Alabama and Taipei, Taiwan. The matters set forth in this news release may contain forward-looking statements. Actual results may differ materially from those described herein and are dependent on certain risks and uncertainties including, but not limited to, the timing and magnitude of orders from customers with projects currently in development as well as continued orders and growth in orders from customers already in volume production, the ability of the Company to accurately forecast the timing and magnitude of future customer orders and appropriately adjust its expenditures in respect thereof, changes in customer mix and volume, competition, component availability, inventory obsolescence, business conditions in the general economy as well as the industries in which the Company and the Company's customers compete and other risk factors such as those detailed in the Company's SEC reports. Contact: CMC Industries Inc., Santa Clara Andrew J. Moley, 408/982-