CIMNET honored as Hot Company for 2002 | Automation.com

CIMNET honored as Hot Company for 2002

March 172010
Robesonia, PA—July 11, 2002—CIMNET®, Inc. (NASD OTC BB: CIMK) a leader in Manufacturing Execution Systems (MES) today announced it has been honored as one of the “Hottest Companies in 2002” by leading manufacturing technology magazine, Start.

“Cimnet was individually selected by the Start editorial team for this designation because it has introduced significant technological advances for manufacturers during the past year, in spite of the challenging and turbulent economic climate”, said Peggy Smedley Editorial Director of Start magazine. “Cimnet was one of only 19 companies that the editors of Start believe is consistently striving to change the manufacturing-technology landscape with the highest level of industry expertise, the widest array of products and services, and a continued commitment to technological innovation. We are truly proud to recognize Cimnet as one of the Hot Companies of 2002.”

John Richardson, Chairman and CEO of CIMNET commented, “We are very proud to have received this recognition from such an influential magazine. Everyone in our company has worked very hard over the last 2 years to bring our new Factelligence MES to the market. To be able to grow our business so aggressively at the same time has been a fantastic achievement by our team.”

About CIMNET: CIMNET designs, markets and integrates software for manufacturing facilities. CIMNET’s products allow manufacturing companies to schedule and monitor work flow in real time and reduce operating costs by improving quality of products being produced. CIMNET’s proprietary products, FOLDERSÔ, Infolink, FactelligenceÔ and DNC ProfessionalÔ, are used by discrete and process manufacturers in the aerospace, automotive, medical device, food and beverage and consumer packaged goods industries. For more information about CIMNET products or services, go to their website at www.cimnet.com.

This press release contains certain forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934. When used in this release, the words ``believe,'' ``anticipate,'' ``think,'' ``intend,'' ``plan,'' ``will be,'' ``expect,'' and similar expressions identify such forward-looking statements. Such statements regarding future events and/or the future financial performance of the Company are subject to certain risks and uncertainties which could cause actual events or the actual future results of the Company to differ materially from any forward-looking statement. Such risks and uncertainties include, among other things, the availability of any needed financing, the Company's ability to implement its business plan for various applications of its technologies, the impact of competition, the management of growth, and the other risks and uncertainties that may be detailed from time to time in the Company's reports or registration statements filed with The Securities and Exchange Commission. In light of the significant risks and uncertainties inherent in the forward-looking statements included herein, the inclusion of such statements should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved.
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