Advanced Business Sciences, Inc., Enters Into a Strategic Partnership With Prism Resources, Inc.Business Editors OMAHA Omaha, city, United States Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857. , Neb.--(BUSINESS WIRE)--Oct. 3, 2000 Prism Resources to Provide iSecureTrack(TM) Enterprise Software Advanced Business Sciences, Inc., ("ABS") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ABSH) announced today that it has entered into a strategic partnership with Prism Resources Inc., for an undisclosed amount of stock to provide ABS's new Internet See Web 2.0 and Internet2. based iSecureTrack(TM) enterprise software. iSecureTrack(TM) will facilitate satellite tracking and monitoring of people and assets, worldwide, using global positioning system Global Positioning System: see navigation satellite. Global Positioning System (GPS) Precise satellite-based navigation and location system originally developed for U.S. military use. (GPS) and Internet technology. Prism Resources has been working closely with ABS to arrive at what both ABS and Prism Resources believe will set a new standard by which GPS based tracking will be done in the future. Upon having viewed a successful demonstration of the software, the ABS Board of Directors has unanimously agreed to solidify what has already been a good working relationship into a solid, long-term partnership. "iSecureTrack(TM) will allow anyone with Internet access See how to access the Internet. and the proper authorization to track people and assets," said Rick Gregg, president of Prism Resources. "Combined with ABS's patented GPS technology, iSecureTrack(TM) will be an unbeatable combination that will deliver a valuable competitive advantage to ABS customers worldwide. iSecureTrack(TM) will address the requirements of a wide variety of GPS tracking See vehicle tracking. markets by providing a broad, scalable platform for all types of GPS tracking applications using ABS's new 2010 GPS product. Jef Higgason, Director of Operations at ABS said, "Internet access also allows ABS to reduce the need for large in-house monitoring staff and places the information, for both individual and asset tracking markets, at the customer's fingertips "Fingertips" is a 1963 number-one hit single recorded live by "Little" Stevie Wonder for Motown's Tamla label. Wonder's first hit single, "Fingertips" was the first live, non-studio recording to reach number-one on the Billboard Pop Singles chart in the United States. where it is needed most." About Prism Resources, Inc. Prism Resources, Inc., provides strategic business-to-business e-commerce information technology solutions to improve its client's productivity and competitive position. The Company offers its clients a single source for a comprehensive range of services required to successfully design, develop, and implement integrated solutions in the Internet computing environments. Prism's customers include Ameritrade, American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. , H&R Block Financial Services, Mutual of Omaha Mutual of Omaha, best known for sponsoring the popular television show Mutual of Omaha's Wild Kingdom, is a Fortune 500 insurance and financial services company headquartered in Omaha, Nebraska. , R.L. Polk, Equifax, Dunn and Bradstreet, Acxiom, Cognos Corporation, and infoUSA. Further information on Omaha, Nebraska based Prism Resources, Inc., is available on the World Wide Web at www.prismrsc.com. About Advanced Business Sciences, Inc. Advanced Business Sciences, Inc. is an Omaha-based global business-to-business communications and information company, providing a broad line of satellite and wireless solutions for tracking, monitoring and reporting of individuals and assets. Its web address is www.abscomtrak.com. This release contains forward-looking statements, which are made pursuant to the safe-harbor 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. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including (i) all of the risks and uncertainties associated with a start-up business; (ii) the Company's present lack of capital and it's ability to obtain capital as needed as needed prn. See prn order. ; (iii) intense competition for GPS products and services; (iv) the timely development and market acceptance of the Company's products and technologies; and (v) the successful integration of acquisitions and lines of business. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to 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 of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the companies actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include but are not limited to market conditions, competitive factors, the ability to successfully complete additional financings and other risks. |
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