INVESTOR CONTACT:
Thomson Financial IR
Holly Weer, 212/510-9282
holly.weer@thomsonir.com
SciDyn Holds Annual Meeting of Shareholders
Cherry Hill, NJ (November 27, 2000) Science Dynamics Corporation SciDyn (NASDAQ: SIDY), a leading developer of Internet Protocol- based (IP) telephony solutions and services, has announced the results of its Annual Meeting of Shareholders held on Wednesday, November 15, 2000 at the Radisson Hotel in Cherry Hill, New Jersey.
At the meeting, Joy Hartman, President of SciDyn, outlined the past years key accomplishments. Highlights of the discussion include:
!" Personnel Key additions to SciDyns management, sales, and engineering teams. !" Distributor Contracts Progress made, and the signing of key distributor contracts, with
Telecommunications & Security Systems Ltd. ( TSSL) in Hong
Kong, and with Information Technology Services ( ITS) based in
the United Kingdom.
!" Customizable Customer Support The completion of a profit
call center to provide customer support, and an NOC (Network Operations Center)
a scalable service that monitors customers networks in order
to detect and quickly correct problems as they arise.
!" Total Solution Sets and Bundled Target Offerings Larger
solution providers are bundling vendor products to provide total solution
sets at a targeted market. This provides SciDyn the opportunity to open indirect,
OEM, and channel relationships thereby broadening the companys global
reach and strengthening service and support efforts through a worldwide partner
network.
Commenting on the meeting, Joy Hartman said, The Annual Meeting provided a forum for the affirmation of our continued commitment to shareholders, and to our strategic direction as a company. I was able to discuss both our recent accomplishments and our goals for the future - including our continued focus on the diversification of customers, product and service offerings, and the expansion of both our vertical market focus and sales and marketing channels. For example, one of our key initiatives for the future will be to continue to leverage our industry experience and unique position within the marketplace as we continue to develop product and service offerings. In short, I am confident that we now possess the technology, the leadership, the commitment, and the processes that will position our company to achieve continued success as we strive to recognize both our near and long term growth initiatives moving forward.
Headquartered in Cherry Hill, New Jersey, Science Dynamics Corporation (SciDyn) is a leading developer of telecommunications solutions. SciDyns IP telephony products enable the seamless connection between traditional circuit- switch based networks and the next generation of packet- based networks. Products include the Intelligent Integrator Series of IP telephony Gateways, the Commander II Inmate Control phone system (also based on the IntegratorC- 2000® <Eth>chitecture), and the VFX- 250 series of Video over Frame Relay Access Devices (FRADs). For more <Eth>formation, visit Science Dynamics website at http:// www. SciDyn. com.
Except for the historical information contained herein, this news release contains forward looking statements that involve risks and uncertainties, including the impact of the competitive products and pricing and general economic conditions as they affect the Company's customers. Actual results and developments may therefore differ materially from those described in this release.
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