To: Jim B who wrote (8310 ) 10/6/1998 1:14:00 PM From: Joe Copia Respond to of 25711
Madison Enters Into Agreement with Global Computer Supplies for the Sale of its Network Switching Device NEW YORK, Oct. 6 /PRNewswire/ -- Madison Systems, Inc. (''Madison'') (OTC Bulletin Board: MADI - news) is pleased to announce the signing of a non-exclusive sales distribution agreement with Global Computer Supplies (Global) and Misco America, Inc., both divisions of Global DirectMail Corp (NYSE: GML - news) . Global DirectMail Corp is a leading direct marketer of brand name and private label computers, computer supplies and industrial equipment. ''We are excited about adding Madison Systems to our growing list of quality vendors,'' stated Bob Dooley, Global's Senior Vice President of Marketing. ''The 'Centurion' product is one that we believe customers want and will benefit greatly from.'' In 1997, Global DirectMail generated net sales of $1.15 billion worldwide. Madison's ''Centurion'' will be featured in various product catalogues including: Global Computer Supplies; Global DataCom; Global Hardware and Software; Misco Computer Products Canada and Misco Computer Products USA. The ''Centurion'' will also be available on multiple websites hosted by Global, including, www.globalcomputer.com. ''This linkage is especially significant,'' stated Madison Chairman, Don McNally, ''as it will provide the Company with considerable exposure to GML's high tech market as the Centurion will be designated under security within GML's product line.'' In other corporate matters, referring to the Company's press release dated September 16, 1998, McNally stated that, ''approximately 12,500 units have been sold representing revenue of US$2.5 million with 500 units purchased by various agencies within the Federal Government of Canada.'' The Company has scheduled further production of the Centurion to commence mid-October 1998 with initial capabilities at 600,000 units per year. The Centurion is a stand alone switch designed to allow only one communication connection between a desktop computer and a private computer network, or between a desktop computer and external communication via a modem, to be active at any one time, thus refusing access to unwanted callers. SOURCE: Madison Systems, Inc.