Accident Prevention Plus, Inc. Announces New Product the TSTI Recorder.Business Editors/Automotive Writers JUPITER, Fla.--(BUSINESS WIRE)--May 7, 2004 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 the final stages of the Company's new product, the TSTI TSTI Total Safety Task Instruction TSTI Texas State Traffic Institute TSTI Too Small To Investigate Recorder. 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. , President of APP said: "Presently the prototype is called `Sparky' by the engineers of the Company. When I asked why they stated, `Its Sparky spark·y adj. spark·i·er, spark·i·est Animated; lively. spark  i·ly adv. our mobile watchdog.'" Mr. Schwartz noted, in order for us to reach a much larger marketplace this product was essential. We have kept the research and development of this product quiet because we wanted to ensure that it could be done before we told the street about it. The TSTI Recorder performs the same functions in addition to many other operations and will cost about 75% less than the APP On Board Systems. The TSTI Recorder will work on all vehicles. Speaking from a financial point of view, management has put their own monies into the development of this product and the engineers have spent countless hours on the research, design and testing. This product is pivotal in the growth of this Company and expands our Sales and Revenue channels tenfold. In closing, this is just one more step in turning the Company around to be a profitable entity that is beneficial to both the Company and its shareholders. Accident Prevention Plus, Inc. (ACPL) located in Palm Beach Gardens, FL, is a technology company which designs, manufactures and distributes On Board Recorders for all types of vehicles. The Company specializes in the safety, economic enhancement and security for vehicles, drivers and cargo. Our products are sold worldwide. Our engineers design all our software and firmware, as well as any hardware we require. Accident Prevention Plus, Inc. owns all of its intellectual properties. For IR package call 561-741-4450. 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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