Accident Prevention Plus, Inc. -ACPL- Identifies Need for Company's Black Box Technology.Business Editors PALM BEACH GARDENS, Fla.--(BUSINESS WIRE)--July 25, 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 ). In a recent news article Jacques Chirac, the President of France, announced that he would make the fight against road insecurity the first of his "three large building sites" of his five-year period. Accident Prevention Plus Inc.'s On Board Recording System can resolve the French government's quest to improve road safety. The System will monitor a driver's behavior, profile and performance. In case of an accident or near miss, the recorder will record a black box function, 50 seconds before the incident and 10 seconds after. The system will also alert the driver with a beep when a pre-set speed threshold is reached. Other functions are available on the system and can be customized to requested desires and individuals needs. Furthermore, the French Minister of Transport, Gilles de Robien, has been studying several proposals involving state highway patrol highway patrol n. A state law enforcement organization whose police officers patrol the public highways. , black boxes and ticket informers. One of the proposals includes the installation of black boxes in cars or the ticket informers at tolls on the highway. The possibility to install black boxes in cars, like in trucks and planes, would be the fastest and easiest solution. Coupled with a sound signal that triggers when speed over 130 kilometer per hour is reached, this electronic device would be able to verify, in case of an accident, the real speed of the vehicle, the engine revs, the braking occurrence and whether or not a driver is wearing a seatbelt. Alan Schwartz Alan Schwartz is the President and Co-Chief Operating Officer of The Bear Stearns Companies, Inc. He assumed that position on June 25, 2001. Schwartz has worked at Bear Stearns since 1976, and is a 1972 graduate of Duke University. , 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. and President of Accident Prevention Plus, Inc. stated, "The APP On Board Recording System does everything the Minister of Transportation is requesting. We do not require any additional changes or upgrades." Mr. Schwartz further noted that he will be in France next week to further our opportunity in this marketplace. To read this article in full please go to: http://fr.news.yahoo.com/020721/202/2oncd.html To receive the English version of this article in its entirety contact Accident Prevention Plus, Inc. Accident Prevention Plus, Inc. (ACPL) is a logistics and 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 their unique, dynamic and crucial technology for the transportation, safety and logistic solutions industry. Our technology is used to build a user profile to prevent accidents, thefts and or injuries before they happen. This press release contains certain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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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