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AdvantEdge Announces Agreement with Shell Petroleum for FuelMaster Trial in the Philippines.


RICHMOND HILL Richmond Hill may refer to:

Places:
Canada
  • Richmond Hill, Ontario
  • Richmond Hill (electoral district), a Federal constituency
United Kingdom
, Ontario--(BUSINESS WIRE)--Aug. 28, 1996-- ADVANTEDGE INTERNAT'L(Alberta Stock Exchange Alberta Stock Exchange

See Canadian Venture Exchange (CDNX).
: AII AII Auto ID Infrastructure
AII Agence de l'Innovation Industrielle (French Agency for Industrial Innovation)
AII Active Input Interface (used in UNI PMD specs for Copper/Fiber)
AII ASEAN Information Infrastructure
) Mr. David Shneer, 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.  of AdvantEdge International Inc. ("AdvantEdge"), formerly Ivy Capital Corporation, today announced the signing of an agreement with Pilipinas Shell Petroleum - Royal Dutch Shell's subsidiary in the Philippines, for a three month field trial of AdvantEdge's FuelMaster system at one of Shell's industrial/commercial sites in the Philippines.

Upon the successful completion of this field trial, Shell Philippines and AdvantEdge will be in a position to negotiate an agreement for the national roll out of the FuelMaster system to all fleet vehicle owners/operators in the Phillipines.

Mr. Shneer stated that Pilipinas Shell Petroleum is the largest retail fuel distributor in the Philippines, with over 900 retail locations. The signing of this trial agreement represents the first step in the process of introducing FuelMaster's state of the art technology to the major multinational oil companies in the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region.  area.

AdvantEdge International Inc. is a holding company whose wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 AdvantEdge Products and Solutions Inc holds exclusive distribution rights to certain sophisticated high technology products and systems for the monitoring and management of motor vehicle "fleet" operations. AdvantEdge recently went public on the Alberta Stock Exchange via the reverse take over of Ivy Capital Corporation. The Alberta Stock Exchange has neither approved nor disapproved of the information contained herein.

CONTACT: AdvantEdge International Inc.

Gary Perkins, 905/479-2800

905/479-8608 (Fax)

888/205-2917
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 28, 1996
Words:242
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