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Strategies & Market Trends : winpa -- Ignore unavailable to you. Want to Upgrade?

To: Winston Kim who wrote (4172)	1/8/1998 9:36:00 AM
From: Steve Smith	Read Replies (1) \| Respond to of 6855

Just bought NMBS @ 10 7/8. NMBS news with MSFT. Thursday January 8, 6:00 am Eastern Time Company Press Release SOURCE: Nimbus CD International Inc. Nimbus CD International Becomes Microsoft Authorized Replicator in Europe; Company's Position in Microsoft's AR Program Expanded CHARLOTTESVILLE, Va., Jan. 8 /PRNewswire/ -- Nimbus CD International, Inc. (Nasdaq: NMBS - news), announced today that it has signed a contract with Microsoft Corp. (Nasdaq: MSFT - news) to become an Authorized Replicator for Microsoft OEM products in Europe. The contract places Nimbus in the coveted position of being one of a limited number of compact disc replicators in Europe to have received such designation. As a member of the Authorized Replicator program, Nimbus is approved to supply complete OEM products including CD-ROM disc manufacturing, print collateral materials, packaging assembly and related order fulfillment services for all Microsoft licensed Original Equipment Manufacturers (OEMs) and Delivery Service Partners (DSPs) in Europe. Lyndon J. Faulkner, Chairman and CEO of Nimbus, said, ''We are very excited to be broadening our participation within Microsoft's AR program. The expansion of our AR status into Europe presents a significant opportunity for Nimbus to build its international OEM customer base for CD-ROM.'' Faulkner added, ''Having Approved Replicator status in Europe complements and strengthens our recently achieved AR position in North America, providing the potential to capture more business in this large and growing segment.'' This announcement of Nimbus' Approved Replicator status in Europe follows its recent announcement of a $4.5 million investment in DVD production in Europe and the completion of its new, full-service manufacturing facility in Foetz, Luxembourg. Nimbus is one of the world's leading independent manufacturers of optical discs distributed throughout North America, the United Kingdom and continental Europe. The Company is at the forefront of optical disc manufacturing technologies and provides complete CD-audio, CD-ROM and DVD replication services. ''Safe Harbor'' Statement Under the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. SOURCE: Nimbus CD International Inc.