Thursday May 31, 3:02 am Eastern Time
Press Release
DecisionLink and MCS Europe Win Approval to Distribute Propane Tank Monitoring Products Across Europe
LAS VEGAS--(BUSINESS WIRE)--May 31, 2001--DecisionLink Inc. (OTCBB:DLNK - news) today announced that its propane tank monitoring product (known as TankLink in the United States and TankSat in Europe) has successfully passed all requirements to carry the CE Mark.
The CE Mark indicates conformity to a common level of safety and is required for free movement of goods throughout Europe. The testing process was carried out on DecisionLink's behalf by Andronics Ltd., the MCS Europe solution reseller in the United Kingdom, Ireland and Portugal.
TankLink/TankSat is a proprietary product developed specifically for the high-volume residential propane and home heating oil tanks.
According to Andrea Cendali Pignatelli, managing director of MCS Europe, DecisionLink's exclusive distributor for Europe and a subsidiary of Telespazio (Telecom Italia group): ``The market for the DecisionLink technology is very large in Europe, perhaps as many as 7 million tanks for propane alone and many more for home heating oil.
``There is a high level of interest in this technology on the part of the major suppliers to the market, which is very important to our company. MCS Europe/Telespazio will be exhibiting the product at the AEGPL European propane conference, being held from June 13th to 15th in Sorrento, Italy. The company has extended invitations to more than 120 European propane companies.''
Peter Lagergren, chief technology officer of DecisionLink, said: ``This approval allows us to move ahead from single-unit pilot devices to soliciting revenue-generating multiple-unit programs as the next stage in our European market development. CE Mark certification is accepted as an international `seal of approval.'''
DecisionLink's Intrex Data Communications Group has developed a wide range of products for monitoring of propane and fuel oil tank levels, pipeline compressors and many other multiuser remote asset monitoring applications for low-cost volume use of satellite communication pathways and the Internet. For more on DecisionLink, visit www.decisionlinkinc.com.
This news release contains ``forward-looking statements,'' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. This release includes forward-looking statements relating to DecisionLink's operations that are based on management's and third parties' current expectations, estimates and projections. These statements include the high level of interest for the company's technology and the company's ability to generate revenues from the program. These statements are not guarantees of future performance, and actual results could differ materially. These risks and uncertainties include but are not limited to DecisionLink's ability to market its products, services and technologies worldwide; its ability to integrate the management, operations and technologies of formerly independent companies; its ability to retain key members of its senior management and board of directors; the timely development and acceptance of new products and services; the ability to manufacture new products in commercial quantities at reasonable cost; the dependence on third-party satellites to implement the company's business plan; the impact of competitive products and pricing; final promulgation and enforcement of regulations; the timely funding of customers' projects; the ability to generate sufficient working capital from operations and/or to attract investment or place debt in sufficient amounts to fund the financial obligations of DecisionLink's business model; general economic conditions affecting market conditions; and other risks detailed from time to time in the company's Securities and Exchange Commission reports. Forward-looking statements reflect the good-faith judgment of the company's management as to future events, and were solely based on facts and factors known by DecisionLink at the time such statements were made. The company does not undertake any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.
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Contact:
Madison & Wall Worldwide, Longwood, Fla.
Scott A-B Gibson, 407/682-2001
dlnk@madisonandwall.com
www.insidewallstreet.com
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