To: Teri Garner who wrote (22721 ) 1/22/1999 10:10:00 AM From: cmac Read Replies (1) | Respond to of 120523
CBLK - News late yesterday - starting to move >> Cable Link, Inc. Developing Electronic Commerce COLUMBUS, Ohio, Jan. 21 /PRNewswire/ -- Cable Link, Inc. (OTC BULLETIN BOARD: CBLK) announced, today, it will commence developing an internet website for the wholesale and retail purchase of C.A.T.V. equipment (new and used) as well as consumer electronics for television applications. The product line will include a large number of consumable products readily available from its web site. In addition, Cable Link's wholly owned subsidiary, Auro Computers, will commence selling computers, computer upgrades, servers, and service tier one brands -- Compaq, IBM, Toshiba, Hewlett Packard printers as well as its own configurations for those brands and its own "Auro" brand to businesses and consumers. The new internet commerce will enable current customers to streamline their purchasing while ensuring the most current price available. Cable Link's customers include Time Warner (TWX), TCI, Jones Intercable (JOIN), and many other large C.A.T.V. companies. On the computer side of the business customers include: Banc One (ONE), Huntington Banks (HUN), WorldCom (WCOM), Ohio State University and many more large companies located in the midwest. It is expected that internet commerce will be operational by the end of the company's first quarter, March 31, 1999. Cable Link has had three consecutive years of profitable earnings ending December 31, 1998 and had sales in excess of $20.7 million for the year ending December 31, 1998 compared to $10.1 million for the year ending December 31, 1997. It is expected that these new opportunities will result in additional strategic alliances for the company such as the one for which Cable Link is an authorized new and used product distributor for Scientific Atlanta (SFA), the world's second largest manufacturer of C.A.T.V. equipment. Cable Link is one of the largest suppliers of refurbished equipment to the C.A.T.V. industry nationwide and internationally, and is a key provider of computer hardware and services in the state of Ohio. This press release may include statements which constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These statements are subject to risk and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors which would cause or contribute to such differences include, but are not limited to, factors detailed in the Company's Securities and Exchange Commission Filings. SOURCE Cable Link, Inc. /CONTACT: Bob Binsky of Cable Link, 614-221-3131, or 800-399-1371/ /Web site: cable-link.com