Accident Prevention Plus Announces New Design to Accelerometer Which Adds to the Company's Bottomline Profit Margin.Business Editors/Automotive Writers PALM BEACH GARDENS, Fla.--(BUSINESS WIRE)--Aug. 29, 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 ) has developed a newly designed duel axis accelerometer accelerometer Instrument that measures acceleration. Because it is difficult to measure acceleration directly, the device measures the force exerted by restraints placed on a reference mass to hold its position fixed in an accelerating body. for use with its On Board Recorder series APP-1000-3000. The accelerometer is used to detect vehicle movement in both forward and lateral movement Lateral movements are movements made on a horse that are used for training purposes, that involve the horse moving in a direction other than straight forward. They vary in difficulty, and should be used in a progressive manner, according to the training and physical limitations of of a vehicle. What this means is that we can detect hard accelerations or decelerations, as well as hard turns, such as an off-ramp on an interstate. Hard braking occurrences can also detect near miss situations that a fleet owner may otherwise never know about, by recording and storing this data you can review and analyze the data in an accident or a near miss situation. This upgraded design means a substantial increase to the Company's bottom line, as the new in-house design and technology has decreased the Company's costs exponentially. Accident Prevention's technical engineers are constantly striving to upgrade our existing technology so to stay "one step ahead of the game" and cutting the costs. Patrick Painter, The Company's Technical Product Manager stated, "The new accelerometer is much more accurate than the previous version and has a much higher sampling rate." Alan 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. noted: "This new accelerometer was designed and manufactured at our home office in Florida. It allows us to always have product in stock without depending on suppliers' time tables." 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. 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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