Link Plus Corporation Awarded OEM Contract for Wireless Automotive Security Devices.Business Editors/High-Tech Writers COLUMBIA, Md.--(BUSINESS WIRE)--June 1, 2004 Link Plus Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :LKPL) announced today receipt of an original equipment manufacture contract for design, development and eventual production of a new technology wireless automotive security device. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Dr. Jonathan P. Gluckman, Link Plus executive vice president and COO, the first phase of this contract for a major supplier of automotive aftermarket Aftermarket See: Secondary market. aftermarket See secondary market. products calls for development of a prototype product consisting of a small handheld transceiver (TRANSmitter reCEIVER) An electronic device or circuit that transmits and receives analog or digital signals. It comes in many forms; for example, a transponder on a satellite, a network adapter in the computer or the circuits in a cellphone. device the size of a key fob (1) A remote control car door opener such as the common "clicker" used with most modern automobiles. (2) A USB flash drive used for storage or as an identification key. See USB drive and authentication token. and a transceiver and antenna for easy installation on a car or truck's windshield. He estimated release of production quantities of the system to manufacturing by the fourth quarter of 2004. "This new, long range and compact product uses elements from the proven ASM (1) (Association for Systems Management) An international membership organization based in Cleveland, Ohio. Founded in 1947 and disbanded in 1996, it sponsored conferences in all phases of administrative systems and management. 3 LinkPlus(R) long-range digital radio technology that operates in the 902-928 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. band. When combined with the windshield components, we are producing a complete, two-way data-link system using a high performance segment of the wireless spectrum," he said. "The end result is a compact, rugged device with industry leading line-of-sight range." Gluckman noted that this is a complete automotive security solution. The system has a sophisticated series of proprietary software modules that control the automotive environment. Commands are user-selected from among pre-programmed icons and menu options displayed on the key-fob controller's LCD screen. Link Plus Corporation offers a growing selection of advanced new wireless communication systems built around proprietary technologies and products with broad application to consumer, industrial, military and national security markets. This news release includes "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. " within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. This information is based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development acceptance, and the impact of competitive services and pricing and general economic risks and uncertainties. Link Plus shares began publicly trading in October 2003, under the OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :BB symbol LKPL. In March, 2004 Link Plus completed the acquisition of JS Technologies Corp. to extend its product offerings and attain a leading position in narrow-band wireless marketplace. Link Plus' headquarters are located in Columbia, Md., and a West Coast office in Irvine, Calif. Further information is available at www.linkplus.com, 410-953-7177. |
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