Accident Prevention Plus, Inc.'s On Board Recording Systems Proven a Success in Europe and Worldwide.Business Editors PALM BEACH GARDENS, Fla.--(BUSINESS WIRE)--June 24, 2002 Accident Prevention Plus, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ACPL ACPL Allen County Public Library (Ft Wayne, Indiana, USA) ACPL Autonomic Computing Policy Language ACPL Aircraft Certification Policy Letter (Canada) ACPL Asynchronous Concurrent Programming Language ) announces that our meetings have been fruitful and our handicap testing a success. In our previous release we announced that the Company was in discussions with Thales. The Thales Company is the manufacturer for Thompson Driving Simulators. Thales Company is now ready to move forward with incorporating the APP3000 into their simulators. We are creating a new firmware A category of memory chips that hold their content without electrical power. Firmware includes flash, ROM, PROM, EPROM and EEPROM technologies. When holding program instructions, firmware can be thought of as "hard software." See flash memory, ROM, PROM, EPROM, EEPROM and FOTA. that can record the data they produce and speed up the installation and sales process A sales process is a systematic approach for performing product or service sales. The reasons for having a sales process include seller and buyer risk management, achieving standardized customer interaction in sales and scalable revenue generation. . Accident Prevention Plus, Inc. is working with F.W. Murphy to create a new interface for the new Euro3 technology that will be coming to the US & Canada shortly. After final testing which should be accomplished by the end of July we will immediately receive an order which will tap into new marketplace that will add to our current projections for our units this year. The interface works with our proven units in the field. This allows us to ship products as soon as the testing is done by the end of July. Our engineers have gone back to Belgium to check on the previous installation of the APP3000 units for the handicapped equipped vehicles. The reports back from the engineers as well as the client are that the units are doing everything asked for and more. This is extremely crucial for our future orders in this marketplace and our smartcard technologies. With the orders that have been received in the last two weeks the Company is proving that to themselves and hopefully the shareholders and investment community that its future is profitable and the financial expectations will be fulfilled. Mr. Schwartz, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Accident Prevention Plus, Inc. stated, "The direction I am taking in the Company is correct. Keeping the overhead down and using our capital to generate revenues will meet our goals. Currently the Company has exceeded last years total sales over 250% by the 2nd quarter." Accident Prevention Plus, Inc. (ACPL) is a vehicular technology company located in Palm Beach Gardens, Florida Palm Beach Gardens is a city in Palm Beach County in the U.S. state of Florida. The city is in the center of a rapidly-developing area north of West Palm Beach in the northern part of the county and the South Florida metropolitan area. , engaged in the development, production, implementation, marketing and distribution of unique, dynamic and crucial technology for the transportation, safety and logistic solutions industry. This press release contains certain forward-looking statements within the meaning of the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements are based on management's current expectations of beliefs and are subject to a number of factors and uncertainties that could cause actual results, levels of activity, performance or achievements to differ materially from those described. |
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