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Technology Stocks : Communications Research Inc. (CRHI)

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From: Sidney Reilly11/15/2004 5:17:51 PM
   of 37
Some good news today...

TeleWriter Corporation Exhibiting at the Federal Section 508 Coordinators Training Conference

Monday November 15, 7:00 am ET

MAHWAH, N.J.--(BUSINESS WIRE)--Nov. 15, 2004--TeleWriter Corporation, a subsidiary of Communications Research, Inc. (OTCBB:CRHI - News) Mahwah, NJ, announced today they have accepted an invitation to display and demonstrate the new Version 3.0 TeleWriter-AGS (Advanced Graphics System) at the Federal Section 508 Coordinators Training Conference to be held in Gettysburg, PA, at the Eisenhower Inn and Conference Center on Thursday, December 2, 2004.
Section 508 requires that Federal Agencies' electronic and information technology is accessible to people with disabilities. The Center for Information Technology Accommodation (CITA), in the U.S. General Services Administration's Office of Governmentwide Policy, has been charged with the task of educating Federal employees and building the infrastructure necessary to support Section 508 implementation. The Section 508 Coordinators coordinate and implement Accessibility in their respective agencies. The organization recognizes Accessible Video and Multimedia products enhance training and other related programs in these agencies. At the conference, TeleWriter Corporation will be collecting information on changes and upgrades to their product which further enhance or benefit their mission.

The company has engaged Point to Point Representation of Hampton, Virginia to be Master Rep's for TeleWriter Corporation Products into the Section 508 Agencies. "Bill Davis, President of Point to Point Representation, has a proven reputation for very effectively marketing companies into GSA and Federal Agencies," stated Carl Ceragno, President of Communications Research and TeleWriter Corporation. "We owe a lot to Bill Davis of Point to Point Representatives for the opportunity to introduce our products and open the Federal 508 sector to the company. Bill brings a lot of marketing talent to the company and we are going to pursue his greater involvement in sales and marketing as a direct company representative in GSA and Court related projects." The Company is negotiating with Point to Point to be exclusive representative of the TeleWriter products into the Federal and State Court System.

TeleWRITER AGS (Advanced Graphics System) has been upgraded after being dormant for over 5 years but nonetheless still commands a very loyal following. Communications Research acquired the software four years ago and has released the first full update in early October 2004. At its peak, TeleWRITER-AGS had approximately a 60% share of the collaborative computing market in the mid-1990s. TeleWRITER-AGS has maintained a significant market share in the collaborative computing market, which is predicted to exceed $3 billion this year.

This news release contains forward-looking statements regarding CRHI's business strategies and future plans of operations. Forward-looking statements involve known and unknown risk and uncertainties. The company's risks and uncertainties include: intense price competition, economic, political and regulatory uncertainties, the need to raise additional capital for growth and expansion and its reliance on the Internet as a means for promoting the software it sublicenses. The forward-looking statements contained in this news release speak only as of the date hereof and CRI disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in CRI's expectations or future events.

Communications Research, Inc.
TeleWriter Corporation
Carl R. Ceragno, 201-684-0882
Fax: 201-684-0884
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