Advanced Business Sciences, Inc. Announces the Introduction of Its Next Generation Tracking Device.Business Editors & Technology Writers 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)--Nov. 7, 2000 GPS Model 2010 to begin Beta testing (programming) beta testing - Testing a pre-release (potentially unreliable) version of a piece of software by making it available to selected users. This term derives from early 1960s terminology for product cycle checkpoints, first used at IBM but later standard throughout the Advanced Business Sciences, Inc. ("ABS (Automatic Backup System) See backup program. ") (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :ABSH) announced today it will be scheduling demonstrations of its GPS personal tracking unit model 2010. The unit is the latest generation of personal tracking units from ABS used to track individuals on probation and parole. The weight of this generation has been reduced by 80% over that of its predecessor, to less than two pounds, and can be worn on the belt to increase mobility. This generation also has an increased battery life and the ability for an on-demand "Find Me" which provides last known position of the unit. The model 2010 will also be the first GPS tracking See vehicle tracking. device to use the Internet based iSecureTrack(TM) enterprise software to communicate movement and status information. "Inquires for this product have been constant and the customer enthusiasm has been growing in anticipation of the 2010 release" comments Steve Gettmen, Sales and Marketing Manager for ABS's criminal justice division. "People are excited. Callers are saying that the 2010 provides the features they need to be successful. The Internet based monitoring empowers even the smallest jurisdictions to take charge of their programs." 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 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. , 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 its 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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