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Celtron International Acquires Aviation Tracking Technology.


Business Editors

MIDRAND, South Africa--(BUSINESS WIRE)--Sept. 9, 2003

Celtron International Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CLTR CLTR China Liver Transplant Registry
CLTR CPPU (Constant Pressure Power Uprate) Licensing Topical Report (nuclear) 
) announced today that it concluded a transaction, through its South African subsidiary Orbtech Holdings Limited, whereby it purchased the technology charter and provisional patents for a technology that allows for the low-cost tracking of air traffic at smaller airports where the cost of radar systems is not viable.

Mr. Allen Harington, Chairman of Celtron, confirmed that Orbtech Holdings Limited has signed agreements pertaining per·tain  
intr.v. per·tained, per·tain·ing, per·tains
1. To have reference; relate: evidence that pertains to the accident.

2.
 to the acquisition of technology that will, 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.
 Mr. Harington, "provide an air traffic controller (ATC ATC Air Traffic Control
ATC Average Total Cost
ATC Certified Athletic Trainer
ATC At the Center (Hartford, Maine retreat center)
ATC Applied Technology Council
ATC All Things Considered
) with an additional aid for traffic management in and around a controlled airspace An airspace of defined dimensions within which air traffic control service is provided to controlled flights. . The system provides the ATC with high definition, detailed graphical information, in various view options, of aircraft and their positions in the area."

According to Mr. Ron Pienaar, Managing Director of Orbtech Holdings, the system is based on Global Positioning System Global Positioning System: see navigation satellite.
Global Positioning System (GPS)

Precise satellite-based navigation and location system originally developed for U.S. military use.
 (GPS) information, collected by the aircraft's onboard navigation systems, that is communicated via standard airband This article is about the radio spectrum used in aviation. For the band Air, see Air (band).

The airband or air band is the band of frequencies used for radio communication in aviation.
 radios (RF), utilizing a specially designed digital interface to display the information on a base station PC-based application or user interface.

"I believe that this technology will save many lives," said Pienaar, "as this will revolutionize the safety risks associated with uncontrolled and unmonitored flights in the informal flying sector that includes private aircraft, micro-lights and Para-gliders. If a pilot should go down at any time, the immediate positional information would be available to emergency search and rescue teams as well as medical facilities in the immediate vicinity.

"Each aircraft is graphically displayed at its true position, together with its registration, type, altitude, distance from the ATC or base station and ground speed," said Pienaar. "Additionally, the ATC or operator will be informed of possible collisions and close separation distances. The system also automatically logs aircraft arrivals and departures and records all voice communication in a relational database relational database

Database in which all data are represented in tabular form. The description of a particular entity is provided by the set of its attribute values, stored as one row or record of the table, called a tuple.
."

Mine Worx International, a 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.
 of Orbtech Holdings Limited, has developed and distributes a Web-based application See Web application.  called Student File that manages the registration, logging and tracking of student pilots, training aircraft, medical requirements and validations of instructors and other information. Both of these solutions are ideally suited for pilot training centers where an operator can manage and validate not only who is flying which aircraft, but also actually monitor and track the aircraft being utilized in a real-time environment, said Pienaar.

Although the technology development is completed, the product range still needs to be commercialized before it can be marketed to the industry. It is anticipated that this will be concluded by the first quarter of 2004.

"The application of the solutions is as wide as the imagination can stretch," said Harington. "This is not only suited to controlled airspace for use by air traffic controllers, it can be used by air charter companies who need to monitor the arrival and departure of their aircraft, by helicopter freight and cargo handling services to monitor the dispatch and delivery of airborne freight to and from passing ships and even Aero clubs, to monitor and control competitions, events and flying days."

According to Harington, the acquisition of the technology is not only aligned to the growth strategy of Orbtech Holdings in South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa.  but also to the global expansion and licensing strategy of Celtron International. "It not only diversifies our current land-based products by offering `airborne solutions', which lead to an improved spread of risk, but at the same time maintains our core strategic focus of mobile solutions in monitoring, tracking and communication technology," said Harington.

This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by 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. Those statements include statements regarding the intent, belief or current expectations of Celtron International Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

For further information, contact Allen Harington, Company President, at + 27 11 652-6350.
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Publication:Business Wire
Date:Sep 9, 2003
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