Companet Selects X-traWeb Technology to Provide Web-based Monitoring and Control Services.SALT LAKE CITY--(BUSINESS WIRE)--June, 7 1999-- X-traWeb, a wholly-owned subsidiary of World Wireless Communications Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: WWWC WWWC World Without War Council WWWC World Wide Web Communications, Inc WWWC Waco Wild West Century (Texas bicycle ride) WWWC Wonderful, Wacky, Water Critters WWWC World Wide Web Casinos WWWC World Wide Wireless Communications ), has been selected to provide web-enabling technology to Companet, a major Internet Service Provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. in Haiti. X-traWeb 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 Companet, which will incorporate X-traWeb technology to provide web-based monitoring and control services to the Haitian community. For the initial project, Companet will use X-traWeb technology to web-enable gasoline station equipment such as leak detection systems, pumps, vending machines, and security systems. These devices can then be monitored and controlled using standard Internet tools, simplifying management and adding value. "We selected X-traWeb as our web-enabling technology because of their total solution approach," said Jean-Pierre Bailly, president, Companet. "We were looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a partner that would provide the whole system, not just web-enabling firmware." Don Wallace, executive vice president, X-traWeb, remarked "Companet is a highly capable and technically strong technically strong Used to describe a security or the whole market when most technical indicators point toward a price rise. For example, a stock may be technically strong because it has twice attempted and failed to break through a support level. Internet Service Provider with a vision to provide a wide variety of remote monitoring and control services over the Internet. We are looking forward to helping them implement a world class system." X-traWeb, a wholly-owned subsidiary of World Wireless Communications Inc., is a leading provider of next-generation Internet-enabling products and services. For more information please contact Don Wallace, executive vice president, X-traWeb, at 801/575-6600, dwallace@x-traweb.com, or visit the company's web site at www.x-traweb.com. World Wireless Communications Inc. is a leading developer of wireless and Internet systems, technology and products. The company develops, manufactures and distributes components for the X-traWeb network, a convergence technology for the monitor and control of remote systems through the Internet; and spread spectrum radios in the 900 MHz (MegaHertZ) One million cycles per second. It is used to measure the transmission speed of electronic devices, including channels, buses and the computer's internal clock. A one-megahertz clock (1 MHz) means some number of bits (16, 32, 64, etc. and 2.4 GHz Bands. For more information, visit the company's web site at www.worldwireless.com, or contact World Wireless Communications at 801/575-6600 or info@worldwireless.com. Companet is a major Internet Service Provider in based in Port-au-Prince, Haiti. For more information, please contact Jean-Pierre Bailly, President, Companet, at +509 239894, jpbailly@compa.net, or visit their web site at www.compa.net. Statements made in this press release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties. Such forward-looking statements are made based on management's belief as well as the assumptions made by, and information currently available to, management pursuant to the `safe harbor' 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. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion