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Pink Sheets: OBLR) announced today that it has entered into a five year contract to repair and refurbish circuit boards with New York based Encompass Group Affiliates, Inc.
Its wholly owned subsidiary and principal operating unit, Encompass Group Affiliates, Inc.
Martin Nielson, president and CEO of Encompass Group Affiliates, Advanced Communications' operating subsidiary, has assumed the title of president and CEO of Pacific Magtron.
Encompass Group Affiliates acquires businesses that provide computer and electronic repair services, parts distribution and asset management services.