Data Evolution Corporation Announces New Release Date for Clio NXT and Cathena: New Date Reflects Engineering Delays
July 06 2005 - 3:46PM
Business Wire
Data Evolution Corporation, a subsidiary of Data Evolution
Holdings, Inc. (OTC.PK:DTEV), announced today that the release date
for the Clio(R) NXT and the Cathena(TM) has been moved to the fall
of this year due to engineering delays. "We are working with our
major customers, partners, and beta sites to transition to the new
delivery date," said Robert Sowah, Chief Executive Officer of the
Company. "We are fortunate that our business partners and customers
understand that engineering delays can and do occur and that they
remain confident that the new Clio and Cathena will create huge
impacts in their respective markets." The engineering delays also
caused the Company to cancel its scheduled appearance at the 2005
National Education Computing Conference, which was held in
Philadelphia, Pennsylvania from June 28-30, 2005. "Our primary
reason for attending the NECC was to expose the education
technology market to the full capabilities of the Cathena and the
Clio NXT. As the devices were not fully functional in time for the
convention, we made the decision to withdraw from the show rather
than exhibit something that was not perfect," said Sowah. This
release includes forward-looking statements made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform
Act of 1995 that involve risks and uncertainties including, but not
limited to, the impact of competitive products, the ability to meet
customer demand, the ability to manage growth, acquisitions of
technology, equipment, or human resources, the effect of economic
and business conditions, and the ability to attract and retain
skilled personnel. The Company is not obligated to revise or update
any forward-looking statements in order to reflect events or
circumstances that may arise after the date of this release. About
Data Evolution Holdings, Inc. Data Evolution Holdings, Inc.,
through its subsidiary, Data Evolution Corporation, manufactures
computer hardware and develops proprietary computer software for
mobile data capture solutions. The Company's hardware products
consist of the award-winning, convertible handheld personal
computer, Clio(R), and the traditional notebook computer,
Cathena(TM), which is specifically targeted to the education and
government services markets, both of which run Microsoft's(R)
Windows(R) CE(TM) operating system. Our software products and
services, grouped under the trade name mCapture:PowerSys(TM), are
specifically designed to help organizations capture and manipulate
data efficiently and accurately. www.dataevolution.com Data
Evolution Corporation (PINK SHEETS:DTEV)
Data Evolution (CE) (USOTC:DTEV)
Historical Stock Chart
From Sep 2024 to Oct 2024
Data Evolution (CE) (USOTC:DTEV)
Historical Stock Chart
From Oct 2023 to Oct 2024