Profiled 03-07-00 at 2 15/16ths
BOCA RATON, Fla., March 6 /PRNewswire/ -- Access Worldwide Communications, Inc. (Nasdaq: AWWC - news), a leading marketing services organization, today announced client contracts totaling $5.3 million in the pharmaceutical, telecommunications and music and entertainment industries. Six new contracts have been negotiated while two existing clients have renewed their agreements through 2000. Specific details of the agreements cannot be disclosed due to the strategic value of the services and the confidential nature of the information that Access Worldwide provides for its clients.
BOCA RATON, Fla., March 3 /PRNewswire/ -- Access Worldwide Communications, Inc. (Nasdaq: AWWC - news), a leading marketing services organization, today announced that the company shipped 20 million sample units to physicians and medical personnel from its sample fulfillment center in 1999. This amount is an increase of more than 33% from the previous year and a record for the company. Access Worldwide maintains the nation's largest outsourced Drug Enforcement Administration approved sample fulfillment center located in Lincoln Park, New Jersey.
Access Worldwide's President & CEO, Michael Dinkins said, ``Access Worldwide has undergone a series of strategic alliances in the past few months, including our recently announced agreement with Physician Verification Services. Through our partnerships, we are enhancing our position in the outsourced marketing arena and our prestige in the medical industry. We are working to identify organizations for future partnerships that will bring more value to our clients and shareholders.''
Access Worldwide provides sales, marketing and medical education services to more than 100 clients in the pharmaceutical, telecommunications, financial services and consumer products industries. The company designs and delivers innovative, data-driven sales and marketing solutions that maximize clients' sales and profits. The company has particular expertise in reaching key pharmaceutical audiences-physicians, pharmacists and patients-and targeted consumer groups.
Access Worldwide's resources include proprietary databases of targeted consumers, physicians and pharmacies; strategic planning and market research services; medical education; medical meetings management; medical publications; inbound and outbound teleservices in 15 different languages; electronic territory management systems (ETMS); and Drug Enforcement Administration (DEA) approved drug sample fulfillment and direct mail capabilities. Access Worldwide has over 1,400 employees and representatives in offices throughout the United States.
Market Capitalization $22.6M
Shares Outstanding 9.53M
Momentum Traders Network believes that these latest developments with AWWC speak for themselves. We believe the stock is attractive up to $5 short term and $7.50 mid-term.