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Technology Stocks : Communications Research Inc. (CRHI)

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From: Sidney Reilly1/24/2005 7:20:34 PM
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Press Release Source: Communications Research, Inc.

Communications Research Engages the Ruddick International Group as Management Consultants

Monday January 24, 8:02 am ET

MAHWAH, N.J.--(BUSINESS WIRE)--Jan. 24, 2005--Communications Research, Inc. (OTCBB:CRHI - News), Mahwah, NJ, announced today they have contracted Morris Ruddick, President of Ruddick International Group, Denver, Colorado, as management consultants. Ruddick International will play a key role in positioning CRHI to capitalize on its tremendous growth potential this year.
The Ruddick International Group is a marketing and planning consultancy. Their specialties include developing plans, strategies and programs for developing and emerging markets and technologies; market feasibility and corporate acquisition evaluations; as well as institutional image and customer satisfaction programs. The company takes a very analytical approach to furnishing clients plans, forecasts and strategies to reduce their risk in new opportunities and ventures. Ruddick has a successful track record with clients such as Fluor Corporation, Xerox, Lockheed, TRW, and Goodyear Tire.

Over the years, Mr. Ruddick has served as COO and CEO of consulting operations that have served executive suite management in a diversity of progressive mid-sized operations to Fortune 500 firms. His background combines a seasoned, hands-on senior management perspective, a fluency of incorporating some of the more effective marketing communication and planning approaches with a research orientation and techno-market expertise needed to provide management reports, plans and marketing programs that make a difference.

Communications Research feels Mr. Ruddick will bring a fresh approach to its current business and marketing planning. Carl Ceragno, President of Communications Research stated, "We need the impartial, professional evaluation and direction Morris Ruddick can give to us, for the benefit of our clients and shareholders, and we strongly feel they can have a material impact on our corporate growth in 2005."

Communications Research acquired the TeleWRITER AGS (Advanced Graphics System) collaborative software system five years ago. This robust industry leader's first full update release hit the market 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 $4.2 billion next year.
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