Voice & Wireless Corporation Announces it is the First Non-Governmental Entity Authorized to Market the Federal Government's New FEDS 5.0 Energy Management Software.Business Editors & Technology Writers MINNEAPOLIS--(BUSINESS WIRE)--Oct. 11, 2002 The Company was also granted the Exclusive Rights to Market the FEDS 5.0 Program in California Voice & Wireless Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :VWLC) a provider of voice, wireless, and energy solutions, today announced that Pacific Northwest National Laboratory The Pacific Northwest National Laboratory (PNNL) is one of nine United States Department of Energy (DOE) multiprogram national laboratories. The laboratory PNNL is located in Richland, Washington, and operates a marine research facility in Sequim, Washington. , which is operated by Battelle (www.battelle.org) for the United States Department of Energy The United States Department of Energy (DOE) is a Cabinet-level department of the United States government responsible for energy policy and nuclear safety. Its purview includes the nation's nuclear weapons program, nuclear reactor production for the United States Navy, , authorized VWLC to sell its new Windows-based Facility Energy Decision System 5.0 software (FEDS) to non-governmental entities with exclusive rights to sell the FEDS 5.0 program in California. In addition to the United States Department of Energy (DOE) and Battelle funding the development of the FEDS 5.0 program the following federal agencies also participated in its development and funding, U. S. Army Construction Engineering Research Laboratory, U. S. Army Forces Command, DOE's Rebuild America Program and Federal Energy Management Program, Defense Commissary Agency The Defense Commissary Agency (DeCA) is an agency of the United States Department of Defense that manages more than 260 grocery establishments on U.S. military installations worldwide. , and the Naval Facilities Engineering The term "facilities engineering" evolved from "plant engineering" in the early 1990s as U.S. workplaces became more complex. Practitioners preferred this term because it more accurately reflected the multidisciplinary demands for specialized conditions in a wider variety of indoor Services Center. Over 2,000 federal agencies have used earlier versions of the FEDS program and the Office of the Assistant Deputy Undersecretary of Defense stated that, "FEDS is the best available software for accomplishing the top-down management approach to making decisions for energy retrofit ret·ro·fit v. ret·ro·fit·ted or ret·ro·fit, ret·ro·fit·ting, ret·ro·fits v.tr. 1. To provide (a jet, automobile, computer, or factory, for example) with parts, devices, or equipment not in projects". 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. Mark Haggerty, President of Voice & Wireless Corporation, "the federal government has spent millions upon millions of dollars developing the user friendly FEDS 5.0 program that will analyze every aspect of energy consumption in a building, then provide recommended solutions that can save thousands of dollars at a price of only $750, that's a bargain and is good for the environment". The FEDS 5.0 program can analyze one building or 3,000 buildings and inventory all of the results that can be printed out for the user. FEDS 5.0 will work well with the Company's lighting management products STABILUX(TM) and soon to be introduced HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free energy management products and software. To purchase a FEDS 5.0 energy analysis program send an email to FEDS@greenviewenergy.com or go to www.greenviewenergy.com. Voice and Wireless Corporation (http://www.vwlcorp.com) is a holding company with ownership interests in multiple industries and segments ranging from interior commercial millwork, energy saving solutions (http://www.stabilux.com ) or (http://www.greenviewenergy.com), and wireless security cameras for buses and commercial airliners, DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary , and VO/IP, and other wireless communication solutions (http://www.ultimate-wireless.biz). The preceding statements are made pursuant to 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, as amended, in order for the company and the other companies mentioned in this press release to avail themselves of the "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. " provisions of that Act, as amended. Certain statements in this release that are not historical fact constitute "forward-looking information." Such forward-looking information involves known and unknown risks, uncertainties and other factors, which may cause the actual results of the company and the other companies mentioned in this release to be materially different from results expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but are not limited to: customer demand not meeting expectations; lack of consistent supply of hardware and software to service demand; lack of adequate distribution markets; the inability to generate enough cash to service operations; the loss of the right to resell or use others' products; adverse economic conditions; intense competition; inadequate capital; unexpected costs; lower revenues and net income than expected; loss of customers; price increases; failure to obtain customers; the possible acquisition of a new business or products that do not perform as anticipated; inability to carry out marketing and sales plans; changes in interest rates; inflationary factors; inability to meet customer demand and other specific risks that may be alluded to in this press release or in other reports issued by the company or the other companies mentioned in this release. |
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