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Microcap & Penny Stocks : TPII - Year 2000 (Y2K); Groupware; Client Server Migration -- Ignore unavailable to you. Want to Upgrade?


To: BuzzVA who wrote (9561)12/11/1998 9:52:00 AM
From: Pat Jacks  Respond to of 10903
 
I found this news about ATEC.....interesting.

Year 2000 Wire/ATEC Group Inc.'s Internet Super Store, Atecbuyer.com, to be Completed in Mid-January 1999

BusinessWire, Thursday, December 10, 1998 at 15:55

HAUPPAUGE, N.Y.--(BUSINESS WIRE)--Dec. 10, 1998--ATEC Group Inc.
(NASDAQ:ATEC) announced the inauguration of its own web site,
ATECBUYER.COM.
While currently activated, the site is scheduled to be completed
in mid-January 1999. Referred to as ATEC's Super Store, the site will
present 20,000 information technology and computer related products
for sale. In promoting its products, the company will offer
"specials," "auction items," as well as regular priced items. The
company is also in discussions with main search engines for site
access.
Surinder Rametra, CEO of ATEC, stated: "After a record year of
$187 million in revenues, the company is excited about the advent of
our Internet Super Store which will be instrumental in expanding the
marketability of our products. While enhancing our revenue and earning
growth, we believe this new distribution channel will be significant
to the company as it is one more avenue to assist our existing
customer base, as well as a means for the company to acquiring new,
satisified customers."
Based in Hauppauge, ATEC Group Inc. is a leading system
integrator and provider of a full line of information technology
service products. As a one-stop solution provider for the computer
needs of businesses, professionals, government agencies and
educational institutions, ATEC enters the new millenium with a
technological arsenal that includes Year 2000 remediation, multimedia
products, video conferencing, system integration, networking, high
speed data transmission, Internet, and Intranet ready solutions. In
addition, the company has positioned itself for growth in
telecommunications, outsourcing of IT professionals, and offshore
software development to provide its clients' technological needs in a
cost effective manner.

Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: The statements which are not historical facts
contained in this press release are forward-looking statements that
involve certain risks and uncertainties including but not limited to
risks associated with the uncertainty of future financial results,
additional financing requirements, development of new products,
government approval processes, the impact of competitive products or
pricing, technological changes, the effect of economic conditions, and
other uncertainties detailed in the company's filings with the
Securities and Exchange Commission.

CONTACT: ATEC Group Inc.
Seema Wasil, 516/231-2832
or
Continental Capital & Equity Corp.
Michael Irving, 407/682-2001