To: Stefan Habermayer who wrote (16 ) 4/14/1999 9:39:00 AM From: Stefan Habermayer Respond to of 24
Just out today: ACUC Receives $3.7 Million in Contracts ... === Wednesday April 14, 8:30 am Eastern Time Company Press Release SOURCE: All Communications Corp. All Communications Receives $3.7 Million in Contracts HILLSIDE, N.J., April 14 /PRNewswire/ -- All Communications Corp. (OTC Bulletin Board: ACUC; Warrants: ACUCW) (http://www.allcommunications.com) today said it has received $3.7 million in contracts to supply voice and videoconferencing systems to new and existing customers in the healthcare and telecommunications sectors. System orders designated in the contract are scheduled to be completed by September 30th. All Communications will install, service and integrate the systems, which are manufactured by Lucent and Polycom. Richard Reiss, President and CEO, said the contracts ''significantly strengthen All Communications' recognition in the healthcare and telecommunications markets'' and move the company ''several steps closer to becoming one of the nation's leading total-solution providers for voice and videoconferencing systems in the commercial and industrial markets.'' Mr. Reiss said he expected to be announcing additional contracts and purchase orders for voice and videoconferencing systems ''in the near future.'' All Communications Corporation provides turnkey integrated voice, video and structured cable solutions to customers by selling, installing and servicing these communications systems for the commercial, industrial and government marketplace. All Communications has sales and marketing agreements with Polycom, Lucent, Panasonic, Sony Electronics, Sprint and NORDX/CDT for various voice, structured cable, telecommunications services and videoconferencing products. All Communications has sales offices or demonstration facilities strategically located throughout the United States. The statements contained herein, other than historical information, are or may be deemed to be forward-looking statements and involve factors, risks and uncertainties that may cause the Company's actual results in future periods to differ materially from such statements. These factors, risks and uncertainties include the relatively short operating history of the Company; market acceptance and availability of new products; the non-binding and non-exclusive nature of reseller agreements with manufacturers; rapid technological change affecting products sold by the Company; the impact of competitive products and pricing, as well as competition from other resellers; possible delays in the shipment of new products; and the availability of sufficient financial resources to enable the Company to expand its operations. SOURCE: All Communications Corp.