Looks like they finally have a product to sell. Now if they can sell 2000 before the end of the year we might have a company.
American Millennium Corporation, Inc. Announces New Product Development - VisTrac
GOLDEN, Colo.--(BUSINESS WIRE)--Aug. 8, 2000--American Millennium Corporation, Inc. (OTC BB: AMCI) announced today the release of its new ``VisTrac(TM)'' product line. The VisTrac(TM) is an inexpensive, satellite-based, end-to-end, mobile asset tracking system. The VisTrac(TM) products are designed to allow managers to know the location and status of ``widely'' mobile assets using only a web browser, according to the company.
AMCI Chairman and Vice President of Business Development, Stephen F. Watwood, said: ``We have been repeatedly approached by logistics and asset managers in various industries to help them solve the problem of tracking `widely' mobile assets. The variety and volume of requests for tracking solutions we receive is astonishing. The two most common problems with currently available tracking and monitoring products are incomplete geographical coverage by conventional land-based wireless systems and the lack of power source independence. VisTrac(TM) is an affordable, fully self-contained, satellite-based, mass-producible solution, which can operate for over two years on a single non-rechargeable battery. Today, we have units in the field with several clients, representing potential near-term sales. Of course, the equipment sales translate into recurring monthly revenues from airtime charges.''
``The core product consists of two components: a completely self-contained VisTrac(TM) terminal device, which is attached to the asset and is based on Vistar Datacom's GlobalWave(TM) modems and satellite communications solution, and AMCI's Internet-based Sat-Trac(TM) tracking and monitoring package,'' stated AMCI Chief Technology Officer and Vice President of Engineering Bruce R. Bacon. ``Rather than continue to create custom solutions for each client, our engineering team has created a single, configurable product that meets the needs of all existing and many future tracking and monitoring clients,'' he said.
Dave Sward, General Manager of Vistar Datacom said: ``I am impressed with AMCI's ability to identify innovative new applications and markets for Vistar's GlobalWave(TM) asset management and tracking solution. Markets such as oil & gas production equipment tracking and telemetry, event-based tow truck tracking, and dry intermodal container tracking are all good examples of AMCI adding value to our technology to meet the needs of its customers. The AMCI engineering group developed impressive solutions in these diverse and extensive markets.''
``AMCI is aggressively marketing the new VisTrac(TM) products to the clients whose many applications were combined to create the specifications for VisTrac(TM), as well as many emerging markets ripe for this technology. We believe our `one size fits all' approach provides AMCI a strong competitive advantage,'' said Watwood.
ABOUT Vistar Datacom: Vistar Datacom provides customers with satellite data communication services throughout North America, Mexico, Central America and the Caribbean. Vistar's unique GlobalWave(TM) system is a highly reliable, complete end-to-end, power-efficient solution for asset management, monitoring, tracking and other applications. The power-efficient patented satellite technology allows the lightweight compact terminals to operate reliably on battery - with or without an external power source - for years. The proven geosynchronous (GEO) satellite-based network provides near real time short two-way messaging including polling capability (sending messages to the remote asset), which allows GlobalWave(TM) customers to remotely configure messaging frequency, wake-up intervals and alerts. Based in Herndon Virginia, Vistar Datacom works with direct customers, Value Added Resellers and partners to deliver the GlobalWave(TM) solution. Vistar Datacom, Inc. is backed by BCE Inc. (Bell Canada Enterprises) Can |
