Big news just released for ISRI-
LAS VEGAS--(BUSINESS WIRE)--Oct. 5, 1999--International Star Inc.
(OTC BB:ISRI) announces today that, its has signed an International
Distribution Agreement with AVL Information Systems Ltd. to become a
distributor of AVL products on a world wide territorial basis.
AVL stands for "Automatic Vehicle Location" and uses GPS "Global
Positioning Satellites" as the basis for determining asset location in
real time.
Unlike other companies in the GPS tracking industry, AVLIS (R)
offers the flexibility to design and implement technology to fit
individual and specific needs, often using an existing computer system
through AVLIS(R) integration technology. The system can be further
designed to monitor up to 128 events that are specific to the client's
type of business. It has been successfully installed and field-tested
using existing radio systems.
International Star has field-tested the AVL units on vehicles
owned and operated by a mid-size trucking company operating nation
wide. The testing was conducted in the Los Angeles basin area, with
the test including unit location several times per minute and unit
speed and direction in real time.
International Star Inc. will market the units under the
registered name QWIKTRACK(R). Marketing strategy will focus on
wholesale, retail, monitoring and Internet sale through the company's
web site QWIKTRACK.COM Customer support and training will be provided
through AVLIS(R) technical teams.
The QWIKTRACK(R) system will appeal to the budget-minded consumer
trying to protect the family auto and loved ones at an affordable
price. To the high-end commercial user, the AVL unit protects loads,
equipment, and professional drivers by utilizing real time status
reporting. Vehicle location, miles driven, speed, load weight, and
engine performance on a non-stop continual reporting function are
unique features offered by the system.
The Company further announces that it has entered negotiations
with a locally owned and operated company in the United Arab Emirate
for the cooperative sale and distribution of QWIKTRACK(R) in the
Middle East.
For further information contact Pat Westphal, public relation at
702/869-8757.
Note: Safe harbor for Forward Looking Statements.
Except for historical information contained herein, the
statements in this news release are forward-looking statements that
are made pursuant to the safe harbor provisions of the Private
Securities Litigation Act of 1995. forward-looking statements involve
known and unknown risks and uncertainties that may cause the company's
actual results in the future periods to differ materially from
forecasted results. These risks and uncertainties include, among other
things, volatility of prices, product demand, market compensation,
risk inherent in the company's international operations, imprecision
of reserve estimates and the company's ability to replace and expand
reserves.
--30--APS/se*
CONTACT: International Star Inc.
Pat Westphal, 702/869-8757
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