|
| |||||||||||||||
|
| |||||||||||||||
|
| |||||||||||||||
|
Global ePoint Announces Arrangement to
Manufacture andMarket Vicious PC ™
Gaming Computers
| |||||||||||||||
|
Arrangement Marks Global’s
Continuing Expansion of its PC Manufacturing Division
| |||||||||||||||
|
| |||||||||||||||
|
CITY OF INDUSTRY, California. ---
September 4, 2003--- GLOBAL EPOINT, INC. (the
“Company”) (NASDAQ SC: GEPT) today announced that
its McDigit division (“McDigit”), which
manufactures customized computers and provides comprehensive
solutions for industrial personal computer, commercial personal
computer and contract manufacturing markets, has entered into
an arrangement to manufacture and market the Vicious PC™
gaming computers. Vicious PC was founded in 2001 primarily to
provide high-quality personal computers for use with PC games.
The arrangement with Vicious PC marks McDigit’s
continuing expansion of its business operations into new
markets.
"We are pleased to have Vicious PC
join McDigit’s expanding business base,” said
Toresa Lou, McDigit’s Chief Executive Officer. “We
look forward to the opportunity to further enhance and build
the Vicious PC brand into the leader in its market using
McDigit’s state of the art manufacturing facility, which
maintains the highest standards for computer assembly, as
reflected by its ISO 9002-certification. We believe the
arrangement can provide significant revenue growth for the
Company over the next year.”
Ms. Lou further commented, “Because
McDigit has the infrastructure in place to dramatically
increase its production, over the past three weeks, we have
successfully begun to systematically expand our customer base
and markets in order to increase our revenue volumes and
benefit from the economies of scale associated with such
increase. As a result of our efforts, we anticipate significant
revenue growth for the remainder of this year and into next.
| |||||||||||||||
|
About Vicious PC
| |||||||||||||||
|
Based in San Francisco, California,
Vicious PC has been a leading manufacturer of high-end PC
gaming systems since its inception in November 2001. Vicious PC
builds customized computer systems for PC gamers. Recognized
for quality and performance, Vicious PC is the recipient of
several editorial awards, including the prestigious CNET
Editor's Choice award and Computer Gaming World’s
Ultimate Gaming Machine award. For more information on Vicious
PC, visit its website at www.viciouspc.com.
| |||||||||||||||
|
About Global ePoint
| |||||||||||||||
|
The Company has two main operating
divisions. One operating division, McDigit, manufactures
customized computers and provides comprehensive solutions for
industrial personal computer, commercial personal computer and
contract manufacturing markets. This division currently
provides approximately 80% of the industrial computers to
companies that supply x-ray security equipment for the airline
industry. McDigit has recently begun expanding its
manufacturing into other markets, such as medical applications
and PC gaming applications. The Company’s other operating
division, Sequent Technologies, is in the process of
establishing initial market acceptance of its long-range video,
audio and data transmission system, called the "RAIDIUS
System," including the "Ranger" and
"Paladin" products. Sequent’s systems are
designed to transmit video, audio and data streams from
anywhere using virtually any data transmission system and the
Internet. Sequent’s ability to network video surveillance
systems and provide secure access via existing Internet,
cellular and computer interfaces is designed to enhance the
potential use of video in Law Enforcement, Public Safety,
Commercial Security, Homeland Defense, Airport/Airline, and
Military applications. For more information on Global ePoint,
visit its website at www.globalepoint.com.
Any forward-looking statements in this
release are made pursuant to the "safe harbor"
provisions of the Private Securities Litigation Act of 1995.
Investors are cautioned that actual results may differ
substantially from such forward-looking statements.
Forward-looking statements involve risks and uncertainties
including, but not limited to, the successful completion of
equity raises, which may be necessary for Global to implement
its plans to develop new market opportunities, continued
acceptance of Global’s products and services in the
marketplace, competitive factors, new products and
technological changes, Global’s successful entry into new
markets, Global’s ability to increase its customer base,
as well as general, political and other uncertainties related
to customer purchases and agreements and other risks detailed
in Global’s periodic filings with the Securities and
Exchange Commission.
| |||||||||||||||
|
For More Information Contact:
Frederick Sandvick, Chief Executive
Officer or Judy Carroll
Ê
Global ePoint, Inc.
P.O. Box 3888
La Mesa, CAÊ 91944
Phone (760) 741-7443 ext. 13
Fax (760) 741-7711
Email: [email protected]
Ê
| |||||||||||||||