Lipman
Succeeding in '99
Our story on
Lipman in issue 99:09:01 caught Lipman president Mony Zenouís
eye. He called us to let The Green Sheet readers know just how well
Lipman USA is doing in 1999. Hereís an update.
The increased
value of the Lipman USA stock can be seen as a direct result of the
companyís performance in the U.S. marketplace, with 150%
growth over 1998. This POS equipment manufacturer reached $25 million
this year. Lipman USA is now a subsidiary of Lipman Israel, the
latter company having recently purchased the shares previously held
by a Canadian company. The combined strength is increased with a
recent deal between Lipman Israel and ECI, the latter buying a 15%
interest in the former.
Lipman USA has
several other important announcements:
- Becoming the
radio modem terminal supplier of wireless products to
FDMS,
- Signing a
40,000-terminal one-year deal with Horizon,
- Earning
another Class A certification, this time with
NOVA.
For more
information on Lipman USA contact Mony Zenou at (516)
297-1808.
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Copyright © The Green
Sheet, Inc., 1999. All rights reserved.
First Published November 1,
1999
