Mapas Y Datos Provides L-Commerce to Online Media Group.Business Editors & High-Tech Writers DENVER--(BUSINESS WIRE)--Dec. 18, 2000 Mapas y Datos, a syndicator of location technology and wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Inform Worldwide Holdings, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :IWWH IWWH If Wishes Were Horses IWWH Inland Waterfowl and Wading Bird Habitat ), announced today it has signed a revenue-generating contract with the New Media group of Casa Editorial EL TIEMPO El Tiempo (English: The Time) is the highest circulation daily newspaper in Colombia and the only non-tabloid daily with national distribution. S.A. (see http://www.eltiempo.com/), the largest media conglomerate of Colombia and publisher of the country's largest daily newspaper, El Tiempo. Under the terms of the agreement, Mapas y Datos will implement Inform's E-hub location-based services See mobile positioning. to support Metro Cuadrado, a consumer-oriented real estate Internet portal. The tools and data provided by Mapas y Datos will assist consumers in mapping homes within specified neighborhoods or within proximity of desired services such as schools, churches and medical facilities. About Inform Worldwide Holdings, Inc. Through its subsidiaries, IWWH is an early mover in the emergent field of L-commerce. L-commerce consists of "location-aware" applications that deliver location and geographic information for commercial use. The company enables Internet-based "location services See mobile positioning. " to deliver information based on the location of points of interest and mobile assets to users through Internet and/or wireless communication devices. Presently, the services offered include Internet-based tracking of vehicles and valuable assets and Internet mapping portals. These services are provided through the company's E-hub that integrates location technology into an Internet-based environment used by the company's customers. The company intends to leverage its core capabilities to become the leading provider of location-based services in the Americas. The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 provides a "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by Inform Worldwide Holdings, Inc.) contains statements that are forward-looking, such as statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the future anticipated direction of the high-technology industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of Inform Worldwide Holdings, Inc. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, changes in federal or state tax laws, and market competition factors. For a description of additional risks and uncertainties, please refer to Inform Worldwide Holdings' filings with the Securities and Exchange Commission. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion