DataWave Systems secures contract with Chemical Leaman Tank Lines Inc.VANCOUVER, B.C.--(BUSINESS WIRE)--Dec. 16, 1996--DataWave Vending Inc. (VSE See DOS/VSE. VSE - Virtual Storage Extended :DTV (Digital TeleVision) Transmitting TV using digital signals. The major DTV standards are ATSC (North America), DVB (Europe) and ISDB (Japan). All three use MPEG-2 video compression and Dolby Digital audio compression. DVB and ISDB also include MPEG audio compression. ) today announced that it secured a contract for the placement of DataWave Telecard Merchandisers (DTM's) with Chemical Leaman Tank Lines, Inc. of Exton, Pennsylvania Exton is a census-designated place (CDP) in West Whiteland Township, Chester County, Pennsylvania, United States. The population was 4,267 at the 2000 census. The Exton Square Mall is located within Exton. Transportation Exton lies at the intersection of the U.S. . Chemical Leaman, in operation since 1913, is the largest tank truck company in the United States. Under the agreement, DataWave will initially conduct a pilot test at 10 of the busiest sites owned by Chemical Leaman. Chemical Leaman has in excess of 150 sites across North America which may be potential locations for the placement of DTM's. DataWave also announced that Power Purchasing Inc., a subsidiary of Chemical Leaman, has contracted to place DTMs in other locations not owned by Chemical Leaman. Power Purchasing will operate as DataWave's agent to secure additional locations. Power Purchasing provides services to owners, operators and independent distributors within the trucking industry. The trucking industry is a proven, mature industry for the sale of prepaid calling cards. The Chemical Leaman contract accelerates DataWave's entry into this high potential market. DataWave's DTM DTM dermatophyte test medium. is a revolutionary vending technology designed to capitalize on the fast growing prepaid calling card industry, a market estimated at $1 billion and growing at a rate of 30% per month in North America. The machines exceed the capabilities of competitive vending technologies due to improved inventory management, lower carrying costs Carrying costs Costs that increase with increases in the level of investment in current assets. , and increased security against shrinkage. DataWave is a Vancouver based developer and marketer of "wireless" electronic merchandising technologies. The Company has commercialized proprietary products to capitalize on the fast growing prepaid "TeleCard" and SMART Card markets. Chemical Leaman Tank Lines offers a broad range of quality, value-adding transportation and logistics services for the chemical, petroleum, building materials, and food industries. Chemical Leaman maintains an extensive fleet of QUALCOMM(R)-equipped tractors, trailers, and chassis across a nationwide network of bulk motor terminals and rail-to-truck transfer facilities serving the U.S., Canada, Mexico and Puerto Rico. Chemical Leaman is a Chemical Manufacturers Association (CMA CMA - Concert Multithread Architecture from DEC. ) Partner Member. CONTACT: DataWave Systems Inc. Peter Hough n. 1. Same as Hock, a joint. v. t. 1. Same as Hock, to hamstring. [ imp. & p. p. os> r>; p. pr. & vb. n. os> n. 1. An adz; a hoe. v. t. 1. To cut with a hoe. , (604) 874-1302 or by fax (604) 874-1503 or VMW VMW Virtual Medical Worlds VMW Vlaamse Maatschappij voor Watervoorziening (Flemish Water Board, Belgium) VMW Visualization-based Microarchitecture Workbench VMW Value Methodology Workshop Inc. Vicki Weiner, 212/605-3140 VMWeiner@aol.com |
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