EXHIBIT 99
Company Press Release
Miami Computer Supply Corporation Announces Name Change To ``MCSi, Inc.''
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DAYTON, Ohio--(BUSINESS WIRE)--June 29, 2000--Miami Computer Supply
Corporation (Nasdaq:MCSI) today announced that the name of the Company has
changed to MCSi, Inc.
The change of name was approved at the Company's Annual Meeting held on May 9,
2000 when the Company's shareholders approved the proposal to reincorporate
the Company in Maryland for that purpose.
Commenting on the change in name, the Company's Chairman, President and Chief
Executive Officer, Michael E. Peppel, said, ``The name ''Miami Computer Supply
Corporation`` no longer accurately reflects the totality of our business. Our
focus is on convergent technologies, which combine the power of data, voice
and visual communication products in useful, flexible and integrated
systems.''
``MCSi's solid background in audio-visual, broadcast media, and computer
technology has enabled us to emerge as the nation's leading systems integrator
of state-of-the-art communication facilities,'' Mr. Peppel added.
MCSi, whose tagline is ``Media Consultants, Systems Integrators'' is emerging as
a forerunner in the computer products and visual communications convergence
market space with solutions-focused offerings as a reseller of products, a
designer and integrator of technically sophisticated systems and a provider of
continuing technical support services. MCSi's scalable solutions address
clients at every level of the business transaction continuum -- product,
integrated solutions, enterprise solutions, strategic initiatives and a range
of field services. MCSi's product and service offerings include sophisticated
server solutions for large and small-scale LANs, WANs and web platforms,
multimedia presentation platforms which integrate presentation technologies
with remote network administration and cross-platform connectivity, document
management solutions from high-resolution scanners, cameras and copier
products to file management and redundant storage systems, and flexible
videoconferencing solutions. MCSi is also the single-source provider of
computer and visual-related products -- from inkjet/toner cartridges, hard
copy peripherals and high-end printing media to audio/video tape, multimedia
and broadcast equipment and presentation projectors delivered over a robust
business to business internet platform powered by its subsidiary, Zengine,
Inc., (www.zengine.com).
MCSi's products and services cover a full spectrum of business issues
including specification development, project implementation, architectural and
environmental concerns, ergonomic/space requirements, engineering, network
integration, product documentation and user training, as well as post
installation service and maintenance. In light of its emphasis as media
consultants and system integrators, the Company's name change to MCSi, Inc.
will mirror its emerging business model.
The matters discussed in this press release which are not historical facts
contain forward-looking information with respect to plans, projections or
future performance of MCSi, the occurrence of which involve risks and
uncertainties which include, but are not limited to, general economic
conditions, industry trends, functionality of hardware and software, actions
of competitors, MCSi's ability to manage its growth, factors relating to its
acquisition/merger strategy, actions of regulatory authorities, restrictions
imposed by its debt arrangements, dependence upon key personnel, dependence
upon key suppliers, customer demand, risks relating to international
operations, dependence on its computer systems and other factors. A complete
description of those factors, as well as other factors which could affect
MCSi's business, is set forth in MCSi's Form 10-K for the year ended December
31, 1999 and its Form 10-Q for the three months ended March 31, 2000.
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Contact:
MCSi, Inc.
Ira H. Stanley, 937/291-8051
[email protected]
