Tuesday April 30, 12:55 pm Eastern Time

Company Press Release

North American DataCom Expands Its Operation in Greater China/Shanghai

IUKA, Miss. & SHANGHAI, PRC--(BUSINESS WIRE)--April 30, 2002-- North American DataCom, Inc. (OTC BB: NADA - news), the broadband data storage company and provider of web-based collaborative software solutions for government and industry, announced today it has opened a liaison office in Greater China. The liaison office, established in Shanghai, will focus on application service product development, and will strengthen NA DataCom's ability to rapidly respond to market opportunities within the Pacific Rim region.

The Shanghai office not only provides an expansion of NA DataCom's business base, but signals a strategic move for the Company to develop products with local Chinese partners in a rapidly growing market for collaborative application service and software solutions. Operations in China will serve as one of several initiatives to generate demand for the Company's broadband data communication products and services. In addition to developing joint ventures to market these products and services, the Shanghai office will operate as a strategic hub providing high value sourcing, collaboration, product development, and synchronization services between China-based manufacturers and American manufacturing, distribution, and retail companies.

"By establishing a local presence in China, we will provide an excellent opportunity to build strong joint venture relations with the leading information technology companies in China and neighboring markets," said NA Datacom's President and CEO, Robert Crawford. "Our customers require a solution partner who understands the international marketplace from the local business perspective, and can offer a timely and high-quality service in conjunction with its local venture partners."

NA DataCom provides affordable web-based collaborative software solutions to small and medium size companies with up to a billion dollars in revenues. The NA DataCom - Global PTX application service is a core process management platform delivering industry leading business solutions to increase visibility, velocity and value throughout all phases of the product life cycle and across supply chain boundaries. NA DataCom enables companies to monitor, manage and maximize their multi-tiered production, distribution and final sale network more effectively by collaborating the supply chain processes. This results in reduced manufacturing costs, improved customer service levels and better corporate asset utilization.

Safe Harbor Statement

Statements in this release express management's beliefs and expectations regarding future performance. These statements are forward-looking and involve risk and uncertainties. These risks include, but not limited to, the ability to negotiate venture agreements, properly identify acquisition partners, manage and integrate acquired businesses, react to quarterly fluctuation in results, raise working capitol and secure other financing, respond to competition and other rapidly expanding technology, deal with market and stock price fluctuation, and other risks. These risks are and will be detailed, from time to time, in North American DataCom, Inc. Securities and Exchange Commission filings. Actual results may differ materially from management's expectations.

North American DataCom's principal executive offices are located at 751 County Road 989, Building 1000, Iuka, MS 38852. For further information go to our website, www.nadata.com, or contact Investor Relations, 662/424-5030, and by e-mail at investorrelations@nadata.com.


 


2003-05-02
North American DataCom, Inc. (NADA), announced today that has halted its operations due a lack of funding.

2003-01-03
North American DataCom Reports Unaudited Fiscal Year 2002 and First Quarter Results

2002-05-21
North American DataCom Reports Nine-Month Results: Debt and Losses Reduced

2002-04-30
North American DataCom Expands Its Operation in Greater China/Shangai

2002-04-25
North American DataCom Announces Bandwidth Agreement

2002-04-23
North American DataCom Expands Board and Announces Revised Business Plan

2002-02-21
North American DataCom Reports Six-Month Results: Revenues Up and Expenses Down

2001-12-04
North American DataCom Announces Expansion of Internet and Data Services Business

2001-11-08
North American DataCom Acknowledges Equity Investment Support

2001-10-31
North American DataCom Reports First Quarter Results: Revenues Up and Expenses Down

2001-10-24
North American DataCom Announces Revised Business Plan

2001-10-16
North American DataCom Reports Fiscal Year 2001 Results: Net Revenue and Development Expenses Up

2001-08-28
North American DataCom, Inc. and Infusion Software Group, LLC Launch GLOBAL PTX

2001-08-07
North American DataCom Announces Management Changes

2001-05-15
North American DataCom Announces Third Quarter Financials: Net Revenues Increased by 113% and Development Expenses Up

2001-03-15
North American DataCom Enters Into Agreement for Up to $50 Million of Equity Financing

2001-03-07
North American DataCom Announces New Lease with State of Mississippi

2001-02-19
North American DataCom Reports Second Quarter Results: Net Revenue and Development Expenses Up

2001-02-15
North American DataCom Announces Interim Business Plan

2000-11-07
North American DataCom Receives Enterprise Data Storage Contract

2000-09-07
North American DataCom Announces Deployment of Microwave Tower and Right of Way Agreement With Local Railroad

2000-09-01
North American DataCom Subsidiary Announces Appointment of Gordon Evans

2000-08-22
North American DataCom Announces Fiber Optic Conduit Agreement

2000-05-12
North American DataCom Receives Certification as a Competitive Local Exchange Carrier -CLEC-

2000-05-11
Broadband Pioneer Makes Tracks With EMC As Core Info Infrastructure

2000-04-07
North American DataCom Changes Trading Symbol

2000-03-24
Pierce International Changes Name To North American DataCom

2000-03-07
Pierce International Names Jerry Buuck to Head Sales for Its Newly Formed Subsidiary North American InfoTech, LLC

1999-12-21
Pierce International Acquires North American Software

1999-05-20
North American Software Acquires Freedom 2000 Internet Service