CROCKETT, Texas, March 22, 2000 (PRIMEZONE) -- ArchivalCD, Inc. (pre-IPO OTCBB:AHCD) announces that it has selected Frank Crystal & Co., Inc. as its insurance broker to assist the company in locating appropriate insurance coverage. Frank Crystal & Co. is located in New York, NY.
"Insurance coverage is crucial for the well being of any company, and there are so many kinds to be considered for the benefit of the company and the shareholders that we felt it prudent to hire a firm that specializes in finding the right coverage," said Daniel J. Hay, CEO/President of ArchivalCD, Inc.
ArchivalCD provides document management services specializing in digital imaging of microfilm and paper for historic archiving. Since 1996 ArchivalCD's digital microfilm(tm) has been the solution for ready accessibility of important documents on CDR. For the records retention markets it is important that customers can expect a rapid recovery from unexpected losses. ArchivalCD's in-house and off-site microfilm and CD storage facilities will be insured to allow for fast recovery in the event of unexpected records loss.
Some statements in this news release may be considered forward looking statements, subject to uncertainties and risks including, but not limited to, the demand for ArchivalCD product and services, and the ability of the company to successfully implement its strategies, each of which may be impacted, among other things, by economic, competitive, or regulatory conditions.
ArchivalCD and Digital Microfilm have been trademarks of ArchivalCD, Inc. since 1996.