Caladesi Capital, Inc. Providing Leasing Solutions to Increase Total Sales for MicroTRAK, Inc.DALLAS Dallas, city (1990 pop. 1,006,877), seat of Dallas co., N Tex., on the Trinity River near the junction of its three forks; inc. 1871. The second largest Texas city, after Houston, and the eighth largest U.S. -- Effective as of April 29, 2005, MicroTRAK (Pink Sheets:MIOK) has signed an agreement with Caladesi Capital, Inc. in which Caladesi Capital, Inc. will provide commercial equipment financing solutions for MIOK's premiere product FleetTRAK. Caladesi Capital, Inc.'s vendor program is tailored to help MIOK lease the FleetTRAK GPS (1) (General Print Server) An IBM mainframe feature that lets TN3270 clients access LPD/LPR printers via the SNA/VTAM network. See TN3270 and VTAM. (2) (Global Positioning S program for commercial fleet services Fleet is a motorway service station on the M3 near Basingstoke. It is owned by Welcome Break. It was originally built in a Scandinavian style and in 1992 won "Loo of the Year". . Leasing allows MIOK's customers to acquire the equipment they need, while lowering MIOK's working capital and bank lines. Caladesi Capital, Inc. will be implementing a web developer to add leasing information to MicroTRAKgps.com. The program being implemented is a popularly known Private Label Leasing Program. Caladesi Capital, Inc. will be translating "need to think it over" into "how am I going to pay for this?" program. Caladesi Capital, Inc.'s typical lease terms are 12-60 months. 36 months is the most common term for GPS systems. Caladesi Capital, Inc.'s Flexible Finance programs can be 90 days deferred, seasonal payments, one payment down, nothing down, and skip payments. All programs have both $1.00 and 10% end of lease options. Lowering capital is critical to the long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. success of MIOK and Caladesi Capital, Inc. will help them get there. For more information about MIOK, please visit the company's website at www.microtrakgps.com. This press release may contain certain 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. within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors 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. created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although MicroTRAK Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by MicroTRAK Inc. or any other person that the objective and plans of MicroTRAK Inc. will be achieved. |
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