Business
Fortran Corp. Merger Announcement
Fortran Corp. Merger Announcement.
About this update from Fortran Corp.
[{"type":"text","content":"PRESS RELEASEHICKORY, NC, July 2nd, 2013 (OTC Disclosure and News Service) -- Fortran Corporation (OTC: FRTN), a leading communications system integrator announced today that if has reached a definitive merger agreement on June 7th with CCI Telecom, Inc of Statesville, North Carolina. \"The combined client mix of the companies coming together will allow us to cross fertilize our different product disciplines within our existing client databases. CCI has an excellent reputation in the industry, Fortune 500 clients we didn't already have and a solid proven business model\"., stated Doug Rink, Fortran Corp., President and CEO.\nAbout CCI-Telecom, Inc.\nFounded in 1993, CCI-Telecom, Inc. is a leader in the Telecom equipment industry serving over 1,000 clients with the Avaya unified communications products. CCI-Telecom has strategic alliances with Windstream (NYSE: WIN) and Peatec.\nAbout Fortran Corp. \nFortran Corp., is a leading communications system integrator through it's subsidiaries, The New Telephone Company, Inc. B & L Telephone, LLC (www.bltel.com) and Fortran Communications, Inc. (www.fortran-inc.com) and is dedicated to designing, sourcing, implementing and maintaining today's complex communications solutions for business and governments. Fortran services more than 3,000 clients in 2 states with 3 offices in the southeast. To learn more, visit the Fortran Corp. Web site at www.fortrancorp.com.\nSOURCE: Fortran Corp.\nCONTACT: \nFortran Corporation, Douglas Rink, President, CEO, Corporate Communications and Investor Relations, 828-624-1147 Email: [email protected]\n \nDisclaimer\nThis press release is for information purposes only and is not intended to constitute, and should not be construed as, an offer to sell or a solicitation of any offer to buy shares of Fortran Corporation in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of such jurisdiction, and the distribution of this communication in jurisdictions may be similarly restricted. The matters discussed herein may also be affected by risks and uncertainties described from time to time in Fortran Corp...