Conference Call: Paradigm Advanced Technologies to Host Shareholder Update.Business Editors TORONTO--(BUSINESS WIRE)--February 14, 2001 Mr. Eduardo Guendelman, President & 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. of Paradigm Advanced Technologies, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :PRAV PRAV Planned Restricted Availability ), (www.powerloc.com) is pleased to invite you to participate in a teleconference which will be held on Monday February 19, 2001 at 4.00PM EST EST electroshock therapy. EST abbr. electroshock therapy . The teleconference will feature an interview with Mr. Eduardo Guendelman during which he will review the company's activities over the past year and discuss the current and future activities including updates on the Company's patent licensing activities, PowerLOC L-Biz(TM) solutions deployment and the acquisition of NaftEL's technologies. Shareholders will be able to participate in this event by dialing: (212) 461-5860 PIN: 1102# The teleconference will be taped (voice and video) and a transcript will be available upon request. The transcript will also be posted to our web site at www.powerloc.com at a later date. About Paradigm Advanced Technologies, Inc. Headquartered in Toronto, Paradigm Advanced Technologies, Inc. (www.powerloc.com) provides wireless location-based electronic commerce (L-Commerce) solutions. Paradigm owns the exclusive licensing rights to a broad-based wireless location patent (US Patent #B1 5,043,736) covering the apparatus and method of transmitting position information from satellite navigational signals (like GPS) over cellular systems to a base unit, and displaying the location of a person or object so equipped. Paradigm's ownership covers all fields of use for the patented system, excluding criminal justice applications. Paradigm wholly owns PowerLOC Technologies Inc. and Power Point Micro Systems Corporation. PowerLOC anticipates providing a comprehensive range of L-Commerce and L-Business products and services including a family of proprietary wireless-location devices for this emerging industry and for location-based service Location-based services (LBS) (or LoCation Services, LCS) are services developed and distributed by wireless carriers and their partners which provide information specific to a location. providers (LSPs) in particular. Paradigm is also listed on the Frankfurt Stock Exchange Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. - symbol - PG8. For additional information, please call CFSG CFSG Classification of Finite Simple Groups at 800-625-2236. Visit Paradigm's web site at www.powerloc.com that showcases some of its advanced new wireless location technologies and products. This press release contains 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. that, if not verifiable historical fact, may be viewed as forward-looking statements that could predict future events or outcomes with respect to Paradigm Advanced Technologies, Inc., and its business. The predictions embodied in these statements will involve risks and uncertainties and accordingly, Paradigm's actual results may differ significantly from the results discussed or implied in such forward-looking statements. |
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