Beautiful.....read it stockholders and grin....stock around .34...:
(BSNS WIRE) American Millennium Sells Satellite Communicators to GM
American Millennium Sells Satellite Communicators to GM
Business Editors
MOUNT DORA, Fla.--(BUSINESS WIRE)--July 27, 1999--American
Millennium Corporation, Inc. (OTC BB: AMCI) reported today that
General Motors Corp (NYSE:GM) has recently purchased 10 of AMCI's
Satellite Communicators (SCs) for testing purposes.
AMCI Chief Technical Officer Bruce R Bacon stated that, "Using
the ORBCOMM Satellite Network, the 10 SC's are able to report a
vehicle's global position as well as send and receive email to the
vehicle's occupants. GM's Truck Engineering Group has been running
trials using our units to track their test vehicles across the US over
the Internet. For several months we have been working on additional
software applications to meet the needs of their engineers for remote
communication with the vehicle itself."
AMCI President and CEO Andrew F. Cauthen stated, "We had provided
two of our units for "proof of concept" trials to the GM Truck
Engineering Group last fall. This initial purchase of additional test
units from such a prestigious company as General Motors is a major
milestone in our business development."
AMCI is a licensed value-added reseller for ORBCOMM USA, L.P.
that provides two-way monitoring, tracking, and messaging service
through the world's first low-earth orbit satellite based data
communications system. ORBCOMM is a partnership owned by Orbital
Sciences Corporation (NYSE:ORB) and Teleglobe, Inc. of Canada,
(NYSE:TSE).
This press release contains forward-looking statements that
involve risk and uncertainties that could cause the company's actual
results and experience to differ materially from anticipated results
and expectations expressed herein. In particular, AMCI's plans may be
revised, and its actual results may differ materially from that
indicated by its current plans.
The AMCI website is located at amc-wireless.com.
--30--cp/mi*
CONTACT: American Millennium Corporation Inc., Mount Dora
James C. Statham, 352-735-0116
KEYWORD: FLORIDA
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS
INTERACTIVE/MULTIMEDIA/INTERNET TELECOMMUNICATIONS
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com
*** end of story ***
|
