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Non-Tech : Palweb Corp (PAEB)

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To: don denson who wrote (2472)5/6/2000 11:42:00 AM
From: Dallas   of 2512
 
How about this one from way before that....

To: KZAP who wrote (734)
From: Billiam Monday, Apr 6, 1998 12:48 PM ET
Reply # of 2472

Monday April 6, 10:39 am Eastern Time
Company Press Release

SOURCE: Cabec Energy Corporation

Cabec Announces Letter of Intent from Leading European Logistic
Provider

DALLAS, April 6 /PRNewswire/ -- Cabec Energy Corporation (Nasdaq: CBNR - news) announced today that its joint
venture partner Vimonta, A.G., of which Cabec owns a 40% interest, received a letter of intent from a leading European
logistic provider that outlines a plan for refitting Reusable Plastic Containers (RPC) with transponder chips.

The company has requested in its letter that Vimonta provide tracking and inventory control solutions with the use of a
transponder chip that will allow the scanning of up to 200 RPC's at a time.

The letter of intent results from a demonstration of the system software and single RPC scanning. The final demonstration with
multi-scanning ability is scheduled within 7 weeks. Upon a successful demonstration, a contract to field test the units will be
entered into. If the results are satisfactory, the company will begin to refit up to 40 million RPC's with our transponders.

Vimonta will be using its 100% owned subsidiary, Data Cross Dock (DCD) for this project and for all additional services
provided to this client.

SOURCE: Cabec Energy Corporation
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