Great news on PAPO today. Look for the announcement on the company they are in negotiations with any day now.
Tuesday October 26, 12:22 pm Eastern Time
Company Press Release
Pangea Announces the Launch of a New Subsidiary and a New Product
for Surveillance Industry
HOUSTON--(BUSINESS WIRE)--Oct. 26, 1999--Houston-based WorldLink USA, a wholly owned subsidiary of Pangea Petroleum Corporation (OTCBB:PAPO -
news), announced today that they are creating a new subsidiary for their iCam division.
``The iCam has attracted a lot of positive attention and we believe creating a complete, separate subsidiary for the iCam will allow us to better focus on developing and
marketing the iCam to its fullest potential,' stated Nick Tubach, president of WorldLink.
In addition, WorldLink is proud to announce they have developed a new product for the multi-billion dollar surveillance industry. The new product is a model similar to
the iCam device and is uniquely designed for numerous monitoring applications in the surveillance industry.
Charles Pollock, chairman of Pangea, commented that the product would facilitate WorldLink's entry into new monitoring markets. Offering superior price/performance,
the product is designed with state-of-the-art digital technology coupled with software that will permit plug and play operation but limit access of the content being viewed
to authorized groups or individuals. The system will facilitate select, secure monitoring services and enable the company to exploit new markets in the rapidly growing
surveillance industry.
Pangea has entered into the early stages of negotiations with a company to take the new monitoring system nationwide.
WorldLink is in the process of updating its website to handle all of the hits it has been receiving recently. WorldLink will be unveiling its new website to the public in the
coming weeks.
WorldLink is a leading provider of on-site live media production and hosting for Microsoft Windows Media technologies, on-demand content hosting services and ASF
production. Founded in Houston in 1994, WorldLink has become an internationally renowned expert in online media production and Internet Services. WorldLink's
extensive history of live and on-demand Webcast production includes radio, television, live concerts, press conferences, Space Shuttle launches, and many other events.
WorldLink's on-site production services include all audio/video equipment and expertise required for live events, including cameras, lighting, sound, and support crews,
and can provide full production services anywhere in the world. Examples of current live and on-demand content are available on the Internet at Microsoft's MSN
WindowsMedia.com site at windowsmedia.microsoft.com, and on WorldLink's website at wl.net.
WorldLink, WorldLink Media, and ShowZone are either registered trademarks or trademarks of WorldLink. Windows and Windows Media are trademarks of Microsoft
Corporation. Other product and company names herein may be trademarks of their respective owners.
Special Note: Management believes certain statements in this press release may constitute ``forward-looking statements' within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements are made based on management's views and assumptions regarding future events and business performance at the time
the statements are made. Actual results may differ materially from those expressed or implied. Such differences may result from actions taken by the company prior to its
current fiscal year end, as well as from developments beyond the company's control, including changes in global economic conditions that may, among other things,
affect the company's performance anticipated acquisitions or future business. In addition, changes in domestic competitive and economic conditions may also affect
performance of all significant company businesses.
Contact:
Press Release Information only:
WorldLink USA, Houston
Karen Cloud, 281/398-8000
Karenc@wl.net |
