American Millennium Corporation, Inc. Announces Sale of SatAlarm-Sentry Systems to Hanover Compressor Company.Business Editors GOLDEN, Colo.--(BUSINESS WIRE)--Aug. 13, 2001 American Millennium Corporation, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : 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 that Hanover Compressor Company, Western Division, has issued an initial purchase order to AMCI for 600 SatAlarm-Sentry(TM) systems for compressor monitoring. Joseph Ashmore, SIE SIE Sierra Health (stock symbol) SIE Serial Interface Engine SIE Serviciul de Informatii Externe (Romanian: Intelligence Service for the Exterior) SIE Società Italiana di Endocrinologia , Hanover Compressor Company, Western Division, said: "Hanover is very pleased with the performance of the AMCi SatAlarm-Sentry(TM). We currently have numerous SatAlarm-Sentry(TM) systems installed on our compressor locations throughout the Western Division. We are including AMCi's SatAlarm-Sentry(TM) as a fundamental component in Hanover's `DataTech(TM)' program, our overall data recovery and management package designed for each compressor location. For Hanover's valued customers, DataTech(TM) offers integrated services In computer networking, IntServ or integrated services is an architecture that specifies the elements to guarantee quality of service (QoS) on networks. IntServ can for example be used to allow video and sound to reach the receiver without interruption. : field and unit data recovery, data monitoring, data management, and data analysis. DataTech(TM) will enable Hanover to offer our customers the most efficient gas production equipment in the industry. We can now take raw data and increase its value by converting it into active information on a global basis. Ultimately, there are over 2,800 compressor locations in Hanover's Western Division compression fleet that will benefit from AMCi's SatAlarm-Sentry(TM)." Ashmore is responsible for management of information technology and field information systems for the Western Division of Hanover Compression. The Hanover Western Division includes the western area of Texas, to California, and north to Canada. 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. AMCi sources, the SatAlarm-Sentry(TM) is a satellite-based callout system designed for the oil and gas industry. The SatAlarm-Sentry(TM) can be temporarily attached to the equipment magnetically or mounted permanently. In either case, there is no wiring of any kind, permitting easy installation. Alarm notifications can be customer-configured for equipment shutdowns and/or startups. Data log files of the operating state of the equipment are easily accessed for viewing and downloading by the customer on AMCi's secure SatAlarm(TM) website. Chairman of AMCi and Vice President of Business Development, Stephen F. Watwood stated: "Hanover is the leader in the compressor industry, and we are very excited about our growing relationship with them. We look forward to meeting their future needs." "This Hanover purchase order for 600 systems represents a hardware sale of over one-half million dollars, and recurring annual revenue of approximately $180,000 when fully deployed," said Andrew F. Cauthen, President & 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 AMCi. "We are especially pleased that Hanover is incorporating the SatAlarm-Sentry(TM) into their DataTech(TM) program." About Hanover Hanover Compressor Company (NYSE NYSE See: New York Stock Exchange : HC) is the market leader in full-service natural gas compression and a leading provider of contract natural gas handling service, fabrication fabrication (fab´rikā´sh n the construction or making of a restoration. , and equipment. Hanover products and services are essential in natural gas production, gathering, processing and transportation from the wellhead well·head n. 1. The source of a well or stream. 2. A principal source; a fountainhead. 3. The structure built over a well. wellhead Noun 1. through the pipeline. Hanover maintains a 2.0-million-horsepower rental compression fleet that is the largest in the industry. Hanover also provides parts and service for their installed base of compression equipment, treatment services, compressor fabrication, production equipment fabrication, and measurement services. Hanover operates mostly across the Western Hemisphere Western Hemisphere Part of Earth comprising North and South America and the surrounding waters. Longitudes 20° W and 160° E are often considered its boundaries. , including Argentina, Venezuela, Mexico and Canada, and continues to expand into Europe, Asia, and Australia. www.hanover-co.com 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. AMCi is a licensed value-added reseller for Vistar Datacom. AMCi 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, Signa Engineering, Hanover Compression 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, and EXT EXT Extension EXT Extended EXT External Ext Extraction EXT Exterior (screenwriting) EXT Extinguisher EXT Extruded EXT Extinguished EXT Exeter, England, United Kingdom - Exeter (Airport Code) Energy, 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 complement the Company's core business. www.amc-wireless.com About Vistar Datacom Vistar Datacom provides customers with satellite data communication services throughout North America, Mexico, Central America 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. Based in Herndon, Virginia, Vistar Datacom works with direct customers, Value Added Resellers and partners to deliver the GlobalWave(TM) solution. www.vistardata.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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