ConectiSys Conducts Its Third Generation AMR Pilot Program in Southern California.Business Editors LOS ANGELES--(BUSINESS WIRE)--Nov. 29, 2000 ConectiSys Corp., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CNES CNES Centre National d'Etudes Spatiales (French Space Agency) ) announced today that it has released its latest HNet product line for electrical meter reading in one of three locations slated in the Los Angeles area. Third Generation Product ConectiSys HNet Network has released its third generation network designed exclusively for electrical meter reading. The HNet wireless network adds one more step to its commercial release for the utility industry at large. Showcasing The Company has designed several portable mini networks called HNet Mobile Networks (HMN HMN Hemmings Motor News ). These HMN units provide the ConectiSys marketing teams with the ability to demonstrate real time meter reading directly in a client's office. The Company's 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. , Robert Spigno, in a meeting with staff members said that, "The Company is now ready to put in effect its marketing alliance programs with Meter Manufacturers, Energy Service Providers and Internet Service Providers. It is time to strategically align with the utility industry and make plans for HNet's deployment in the first and second quarter of 2001." 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. Statement under 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 statements contained herein that are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control including, but not limited to, market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company filings with the Securities & Exchange Commission. |
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