Centraxx Network Coverage Expanding Westward To Alberta, Canada.Business Editors LAS VEGAS--(BUSINESS WIRE)--March 2, 2000 Centraxx Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CNXX) today announced that it has signed a Memorandum of Understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment. with 753547 Alberta Ltd. with an intention of entering into a Joint Venture Agreement to implement the Centraxx network and distribute Centraxx products to the Southern Alberta Southern Alberta is a region located in the Canadian province of Alberta. As of the year 2004, the region's population was approximately 272,017[1][2]. market, including the city of Calgary. A new joint venture corporation will be formed and will be managed by Mr. Ed Mr. Ed the talking horse. [TV: Terrace, II, 116–117] See : Horse Dzieciuch. "One of our primary objectives is to establish continuous network coverage across 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. ," stated Centraxx Chairman 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. , Michael Ivezic. "Partnering with quality organizations like that of Mr. Dzieciuch's will go a long way toward helping us achieve this objective. It is a tremendous benefit when the partner is a leader in the wireless industry in the particular market." "We see great potential for Centraxx wireless technology and applications in the Province of Alberta," stated Ed Dzieciuch, president of 753547 Alberta Ltd. "In addition to tracking stolen vehicles and offering roadside assistance, there is a significant market for monitoring equipment utilized in resource-based industries. We look forward to building a Centraxx organization that will pursue these and many other opportunities as new products and applications are introduced to the market." About 753547 Alberta Ltd. Ed Dzieciuch and his group of companies have been in the wireless communication industry for over 25 years, operating from offices in Calgary, Alberta. The organization sells and services two-way radio A voice network that provides an always-on connection enabling the user to just "push the button and talk." Also called "dispatch radio," two-way radio has traditionally been used by police, fire, taxi and other mobile fleets. products. Most recently, Dzieciuch has been a key member of the Communications Group, an organization of independent network operators. Communications Group offers continuous network coverage throughout Alberta for 2-way mobile radio. About Centraxx Inc. Centraxx Inc. is a wireless data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. company currently focusing on providing location technology solutions to the mass market. Centraxx has a patent pending RF land-based system that it intends to deploy in a network configuration in key markets across North America. Centraxx UNI-POINT(TM) technology is capable of providing high-speed, two-way data transfer and single point tracking and locating information. Over time, this proprietary, high capacity network will facilitate the wireless transfer of data for a wide range of products and applications. Centraxx will first introduce an automotive application, the AutoRescue vehicle tracking and recovery system with AutoRescue PLUS(TM) roadside and emergency notification service. This will be the world's first vehicle tracking system combining high accuracy, self-arming reliability and affordability. More information regarding Centraxx and its products and services can be found on the World Wide Web at www.centraxx.com. Forward-looking statements in this release are made pursuant to the "safe harbor 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. " provisions 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. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, acceptance of the Company's products, increased levels of competition, new products and technological changes, the Company's dependence upon third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. (The information in this release has been neither approved nor disapproved by any regulatory bod |
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