Lets evaluate this great news release !!!Dear Shareholder,
Our current News Release below:
Integral Poised as 'Antenna Solutions Provider'
BELLINGHAM, Wash., Oct 28, 1999 (BUSINESS WIRE) -- Integral
Technologies, Inc. (OTCBB: ITKG) has developed six new antennae designs
that are very low cost, physically small and very competitive in
performance.
There is significant demand for "antenna solutions" in today's wireless
world. Upcoming technologies like Bluetooth, Teledisic, Orbcomm, The
Intelligent Highway System, Wireless LANS, E911, GPS and the expanding
wireless telephony systems will add tens of millions of new radio
devices each year, all of which require an antenna. Integral's new
antenna designs are:
(i) the "GPS" antenna is used in radio receivers on the ground to
receive 1.5 GHz signals from global positioning satellites (GPS)
orbiting the earth at an altitude of approximately 23,000 miles; (ii)
the "LEOS" antenna is used for the VHF function in radio
transmitters/receivers on the ground , to transmit/receive signals in
the 145 MHz frequency range to Low Earth Orbit
Satellites, orbiting the earth at an approximate altitude of 450 miles;
(iii) the "GPS/LEOS" antenna, as the name indicates is a dual purpose
antenna; (iv) the "CDPD" antenna is used in transmission/reception of
signals
in the 824-894MHZ/1.5Mhz range. The Cellular Digital Packet Data
network is currently one technology on the market today which
facilitates wireless internet access. (v) the "GPS/CDPD" antenna, as
the name indicates, is a dual purpose
antenna; (vi) the "portable phone" antenna is used in cellular and
cordless
phones transmitting and receiving signals in the 820 MHz to 960
MHz range as well as the 1.5 GHz frequency range.
The Research and Development costs associated with the development of
these new "antenna solutions' has been funded by Integral. Each of these
new antennas presents a radical new form factor, as compared to the more
costly and obtrusive antenna technologies available today. The market need
for GPS technologies continues to escalate as companies continue to demand
tracking and/or location identification technologies. The FCC has mandated
that by 2002, US wireless phone carriers provide their subscribers with
the technology that will enable the carrier to identify the subscriber's
location in the event of an emergency. This service is referred to as
E911. The Integral GPS antenna has been undergoing rigorous testing in
such challenging areas like Manhattan, on behalf of AerComTec
International, Inc. (www.aercomtec.com), a privately-held corporation
based in Aiken, SC. AerComTec's primary product is AERTRAX, an asset
location system utilizing GPS technology and Data Service to produce
mobile asset location information for fleet operators. Fred Wright, Chief
Operating Officer for AerComTec describes the Integral GPS antenna as
"...the finest GPS antenna that I have seen, in this particular
configuration" and adds, "it functions consistently and reliably where
others do not". The LEO antenna is for use with asset tracking systems,
such as offered by Orbcomm (www.orbcomm.com) and others. Orbcomm's network
of 28 satellites handles short bursts of data from such assets as shipping
containers, tractor trailers and electricity meters. As opposed to the GPS
technology which only identifies location, the LEO technology allows for
the transceiving of data. Such data would indicate such things as to
whether a tractor trailer is full, the doors are open, or even if a
refrigeration unit on a trailer is malfunctioning. In a recent article
(www.alliedworld.com/htms_side/wire_new.htm) in Allied Business Research,
written by Lawrence Swasey, V.P. Communications Research, Swasey explains
the potential of this new market. The CDPD antenna is for use in wireless
internet access technologies. The "portable phone" antenna is for use in
digital cordless phones and cellular phones operating in the 920MHz and
820-890MHz frequency ranges respectively. Testing has indicated that the
Integral antennas are equal to or better than existing antenna
technologies in performance. Integral's antenna is significantly less
expensive than other antennas, and due to its form factor, is better able
to marry with the housing of the phones, reducing manufacturing costs for
the OEM. The next generation of digital cordless phones will operate in
the 2.4MHz frequency range. Integral expects to receive a prototype of
this new phone within the next four weeks for incorporation of its antenna
and ensuing testing activities. Also operating in the 2.4 MHz range with
be Wireless Lan Products (WLANS). Integral is currently in discussions
with a number of facilities for, initially, small-scale manufacture of the
various antennas. Integral, which is not presently a "reporting" company,
intends to file its Form 10 with the Securities and Exchange Commission as
soon as practical following the completion of the Company's audited
financials. The reader is advised that this release contains forward
looking statements of the Company and a variety of factors could cause the
Company's actual results and experience to differ materially from the
anticipated results or expectations expressed. Additional information
regarding those factors is available upon request. For more detailed
information on the company and the technologies described above please
visit our web site at www.itechfin.com or contact Shareholder Relations at
888/666-8833.
Copyright (C) 1999 Business Wire. All rights reserved
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