MIRAS Vehicle Tracking Using the Internet.

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--May 12, 1998-- At last, knowing the location of your family members, or tracking your commercial vehicles, is available to anyone who has Internet access and MIRAS Lite, a Internet tracking system developed by SPS Technologies Corporation in Ft. Lauderdale.

With MIRAS Lite software, you are able to use any PC with Internet connection to find out the precise GPS location of your vehicles that have an installed MIRAS unit. While on the Internet, you select which vehicles you wish to track. Once the vehicles are selected, you can view them on MIRAS street detailed level maps. You can zoom in or out of the map, click on streets to display their name, and even see the exact speed the vehicle is traveling.

MIRAS Lite is perfect for those individuals that want to occasionally track their vehicles from the comfort of their home or office. Now enhanced vehicle and family security is only a mouse click away.

An upgraded version of MIRAS Lite will also allow users to control vehicle functions such as remotely unlocking electric doors or starting their engine.

The estimated suggested retail value of MIRAS products are as follows: $1,195 for the MIRAS vehicle tracking unit, $195 for the MIRAS Lite Software, and $25 for each county map.

In addition, monthly fees are estimated to be as little as $7.95 per month, permitting you to receive vehicle positional updates every 30 seconds, for up to 4 hours per month per vehicle.

This service is available for commercial customers today, and a web browser version of MIRAS Lite will be available for consumers later this summer. In addition, this service will be offered in most major metropolitan cities in the United States.

You don't need GPS to locate our web site, http://www.miras.com, but you will need the Internet. Source: SPS Technologies Corporation

CONTACT: Mark Nemcek, 800/320-1186

or [e-mail]