American Millennium Corporation, Inc. Announces New Product Development - VisTrac.Business Editors GOLDEN, Colo.--(BUSINESS WIRE)--Aug. 8, 2000 American Millennium Corporation, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: AMCI AMCI Advanced Micro Controls Inc. AMCI Automotive Marketing Consultants, Inc. AMCI Air Mobility Command Instruction AMCI Associazione Italiana Medici Cattolici (Italian Association of Catholic Physicians) ) announced today the release of its new "VisTrac(TM)" product line. The VisTrac(TM) is an inexpensive, satellite-based, end-to-end, mobile asset tracking system. The VisTrac(TM) products are designed to allow managers to know the location and status of "widely" mobile assets using only a web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. , according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the company. AMCI Chairman and Vice President of Business Development, Stephen F. Watwood, said: "We have been repeatedly approached by logistics and asset managers in various industries to help them solve the problem of tracking `widely' mobile assets. The variety and volume of requests for tracking solutions we receive is astonishing a·ston·ish tr.v. as·ton·ished, as·ton·ish·ing, as·ton·ish·es To fill with sudden wonder or amazement. See Synonyms at surprise. . The two most common problems with currently available tracking and monitoring products are incomplete geographical coverage by conventional land-based wireless systems and the lack of power source independence. VisTrac(TM) is an affordable, fully self-contained, satellite-based, mass-producible solution, which can operate for over two years on a single non-rechargeable battery. Today, we have units in the field with several clients, representing potential near-term sales. Of course, the equipment sales translate into recurring monthly revenues from airtime charges." "The core product consists of two components: a completely self-contained VisTrac(TM) terminal device, which is attached to the asset and is based on Vistar Datacom's GlobalWave(TM) modems and satellite communications solution, and AMCI's Internet-based Sat-Trac(TM) tracking and monitoring package," stated AMCI Chief Technology Officer and Vice President of Engineering Bruce R. Bacon. "Rather than continue to create custom solutions for each client, our engineering team has created a single, configurable product that meets the needs of all existing and many future tracking and monitoring clients," he said. Dave Sward, General Manager of Vistar Datacom said: "I am impressed with AMCI's ability to identify innovative new applications and markets for Vistar's GlobalWave(TM) asset management and tracking solution. Markets such as oil & gas production equipment tracking and telemetry telemetry Highly automated communications process by which data are collected from instruments located at remote or inaccessible points and transmitted to receiving equipment for measurement, monitoring, display, and recording. , event-based tow truck tracking, and dry intermodal container tracking are all good examples of AMCI adding value to our technology to meet the needs of its customers. The AMCI engineering group developed impressive solutions in these diverse and extensive markets." "AMCI is aggressively marketing the new VisTrac(TM) products to the clients whose many applications were combined to create the specifications for VisTrac(TM), as well as many emerging markets ripe for this technology. We believe our `one size fits all' approach provides AMCI a strong competitive advantage," said Watwood. ABOUT Vistar Datacom: Vistar Datacom provides customers with satellite data communication services throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Mexico, Central America Central America, narrow, southernmost region (c.202,200 sq mi/523,698 sq km) of North America, linked to South America at Colombia. It separates the Caribbean from the Pacific. and the Caribbean. Vistar's unique GlobalWave(TM) system is a highly reliable, complete end-to-end, power-efficient solution for asset management, monitoring, tracking and other applications. The power-efficient patented satellite technology allows the lightweight compact terminals to operate reliably on battery - with or without an external power source - for years. The proven geosynchronous (GEO) satellite-based network provides near real time short two-way messaging including polling capability (sending messages to the remote asset), which allows GlobalWave(TM) customers to remotely configure messaging frequency, wake-up intervals and alerts. Based in Herndon Virginia, Vistar Datacom works with direct customers, Value Added Resellers and partners to deliver the GlobalWave(TM) solution. Vistar Datacom, Inc. is backed by BCE BCE abbr. 1. Bachelor of Chemical Engineering 2. Bachelor of Civil Engineering BCE Abbreviation for before the Common Era. Inc. (Bell Canada Bell Canada Enterprises (TSX: BCE, NYSE: BCE), legally BCE Inc., is a major Canadian telecommunications company. Through its subsidiaries including Bell Canada, Bell Aliant, Northwestel, Télébec, and NorthernTel, it is the incumbent local exchange carrier for Enterprises) Canada's largest communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. . ABOUT THE COMPANY: AMCI is a provider of wireless and wire-line solutions for tracking and monitoring of mobile and fixed assets fixed assets npl → activo sg fijo fixed assets npl → immobilisations fpl fixed assets fix npl → utilizing Low-Earth-Orbit Satellites (LEOs), Geo-Stationary Satellites (GEOs), and terrestrial wireless and wireline technologies. The company has installed satellite communication systems in the field for tracking, monitoring, and reporting data on oil wells, natural gas compressors, rail cars, and trucks. AMCI is currently providing satellite-based services to General Motors, U.S. Army Corps of Engineers, Chevron, The Hanover Company, Compressor Systems, Inc. (CSI CSI Crime Scene Investigator CSI CompuServe, Inc. CSI Commodity Systems, Inc. CSI Commodity Systems Inc. (Boca Raton, FL) CSI Crime Scene Investigation (CBS TV show) CSI Christian Schools International ), Cabot Oil & Gas, Cross Timbers Oil & Gas, among others. In addition to hardware sales, AMCI generates monthly revenues from airtime sales. AMCI is an applications service provider (ASP) providing data access, tracking, and analysis packages for customers via the Internet. AMCI continues to actively consider additional acquisitions or business combinations that would compliment the Company's core business. www.amc-wireless.com Statements about the Company's future expectations, including future revenues, earnings and transactions, as well as all other statements in the press release other than historical facts are "forward-looking statements" within the meaning 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. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results and other corporate developments could differ materially from that which has been anticipated in such statements. |
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