Fortran Corporation Issues Shareholder Update

January 28, 2019

CONOVER, NC, Jan. 28, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Fortran Corporation is pleased to announce their Subsidiary, B and L Telephone, has received orders from three Western North Carolina counties to upgrade and improve the technology in several school systems with the installation of NEC telecommunications equipment. These counties have been long time customers and continue to rely on Fortran Corporation to enhance and improve their educational facilities.

Mr. Glenn Withers, current President/CEO and Chairman of the Board since July 11, 2018, has reached an agreement with the Board of Directors to continue in his current leadership role through 2020. Mr. Withers brings over 45 years of experience in Sales and Marketing with Profit and Loss accountability. Mr. Withers said, “I am excited about the opportunity to make a positive contribution to Fortran’s future”.

About Fortran Corporation:

Fortran Corporation is a telecommunications system integrator dedicated to designing, sourcing, implementing and maintaining complex communications solutions. Fortran is comprised of engineering and design, network service, sales, remote monitoring, and on-site service. In October 2015, Fortran acquired 80% interest in Tower Performance Construction, Inc. and Tower Performance, Inc., with offices in Texas, New Jersey, and Pennsylvania. For more information contact us at: info@fortrancorp.com.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

With the exception of historical information, the matters discussed in this press release including, without limitation, the actual future results of Fortran Corporation could differ from these statements.

Glenn Withers 828-324-4611 Glennwithers@yahoo.com

Update hourly