Dauphin Enters Into Agreement With Orbit Plan; Marketing of Products Expands Globally.Business Editors/High-Tech Writers PALATINE, Ill.--(BUSINESS WIRE)--Dec. 13, 2001 Dauphin Dauphin, town, Canada Dauphin (dô`fĭn), town (1991 pop. 8,453), SW Man., Canada, on the Vermilion River. It is the retail and distribution center for an agricultural, lumbering, and fishing area. Technology, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). .BB: DNTK) today announced that they have entered into a relationship with Orbit Plan S.A., a strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. and business development firm having a presence in more than 10 countries. The relationship calls for the introduction of Dauphin into many regions of Europe Europe is often divided into regions due to geographical, cultural or historical criteria. Some common divisions are as follows. Directional divisions Groupings by compass directions are the hardest to define in Europe, since (among other issues) the pure geographical criteria , Russia, the Commonwealth of Independent States Commonwealth of Independent States (CIS), community of independent nations established by a treaty signed at Minsk, Belarus, on Dec. 8, 1991, by the heads of state of Russia, Belarus, and Ukraine. Between Dec. 8 and Dec. , the Middle East, China and the Far East. In conjunction with new business development, Orbit Plan, along with its affiliate, Argo Capital Management, will undertake the role of financial advisor for funding projects brought about by this relationship. "In our relationship with Dauphin, based on our excellent cooperation until now, we have already successfully deployed OraLynx(TM) in OTE OTE Chiefly Brit (esp. in job adverts) on target earnings: the minimum amount of money a salesman is expected to make OTE abbr (Comm) (= on-target earnings) → Einkommensziel nt Shops," commented Managing Director of Orbit Plan S.A., Pericles Katsioulas. "This provides a great deal of assurance for new orders from OTE in the coming days. Apart from the Greek markets, we also have agreements for Dauphin's products in the Romanian and Bulgarian markets. Additionally, on Monday, December 17th, a delegation of Orbit Plan and Dauphin will introduce Dauphin's technology and products to the vast Russian markets. We anticipate in the coming weeks that we will finalize our agreement with a world leading technology firm for development and marketing of our next generation products, merging TETRA and GSM/GPRS technology in mobile computing Using a computing device while in transit. Mobile computing implies wireless transmission, but wireless transmission does not necessarily imply mobile computing. Fixed wireless applications use satellites, radio systems and lasers to transmit between permanent objects such as buildings applications for law enforcement, public safety, security agencies and defense. We are confident we will be ready for deployment of our joint projects," he went on to say. "Orbit Plan was instrumental in forging our relationship with OTE," said Andrew Kandalepas, Dauphin'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. . "Additionally, we have begun exploring many other opportunities abroad through Orbit Plan where our technology is sorely needed. Meetings with companies in Israel, Russia, and Greece are underway, including meetings with, among others, organizations involved in providing security at the 2004 Olympic games Olympic games, premier athletic meeting of ancient Greece, and, in modern times, series of international sports contests. The Olympics of Ancient Greece Although records cannot verify games earlier than 776 B.C. in Athens. Our cooperation with Orbit Plan has been excellent," he went on to say. About Dauphin Technology, Inc. www.DauphinTech.com www.DauphinTech.gr Dauphin Technology, Inc. a Palatine, Illinois based technology company with facilities in McHenry, Illinois and Schaumburg, Illinois, Oldsmar, Florida and Pireaus, Greece develops and markets broadband set-top-boxes and hand-held tablet PC's. About Orbit Plan S.A. www.OrbitPlan.com Orbit Plan is a Consulting Service and Business Support Company specializing in Strategic and Business Planning, Business Development, IT Consulting, Telecommunications Consulting, Energy and Project Management. Its worldwide network of offices and contacts guarantees the necessary synergies for the development of large-scale projects. In association with its affiliated companies Affiliated Companies A situation that occurs when one company owns a minority interest (less than 50%) in another company. Also refers to companies that are related to each other in some way. Notes: An affiliated company is sometimes referred to as a subsidiary. Argo Capital Management and the Argo Fund, Orbit Plan also provides the necessary financial consultancy and management as well as the funding for such projects. Certain matters discussed in this news release are forward-looking statements involving certain risks and uncertainties including, without limitations, changes in product demand, the availability of products, change in competition, economic conditions, various risks due to changes in market conditions and other risks detailed in the Company's Securities and Exchange Commission filings and reports. |
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