OMICRON TECHNOLOGIES INVESTORS SEE LIVE DEMONSTRATION
OF INTERACTIVE RADIO SYSTEM WITH INTERNET APPLICATIONS
"Road Test" Shows Vehicle Tracking via Internet, E-commerce Applications
BELLINGHAM, WA, Dec. 23, 1999 -- Passing an important milestone in its
development of satellite-based e-commerce and information services for
vehicles, Omicron Technologies, Inc. (OTC BB: OGPS), announced that its
Interactive Radio Corp. (IRC) subsidiary successfully demonstrated the system's
core communications and Internet capabilities to investors during the recent
open house of its wholly owned subsidiary Cyberweb Systems Inc.. The company
also announced the appointment of two IRC executives in technology and
engineering.
"The demonstration was a real-time road test to show that IRC technology
functions flawlessly," said Stephen P. Crosby, Interactive Radio's CEO. "We
demonstrated integrated data acquisition and satellite communications
capabilities that no current technology offers, and showed how these can be
used with the Internet in public safety and e-commerce applications."
Crosby said IRC demonstrated three core capabilities of its system: using a Web
site to perform real-time satellite tracking of a moving vehicle; sending a
distress call, which incorporates the vehicle's GPS location data, from a
moving vehicle, via satellite, to a monitoring station; and sending an "order
now" message from a moving vehicle (also via satellite) to a monitoring
station, where the message includes the van's GPS location, the time, and the
AM/FM radio frequency to which the car's radio is tuned as the message is sent.
Gary Noreen, IRC Chief Technology Officer, said the demonstration "showed the
full operability of the interactive radio system and practical uses of the
technology." Noreen, formerly a Senior Engineer at Nasa's Jet Propulsion
Laboratory and the developer of interactive radio, said that a fundamental
strength of the IRC system is its use of existing telecommunications
infrastructure and standard GPS technology. "Interactive radio is a
ready-for-market technology."
Concerning the executive appointments, Crosby said that IRC had named Mark
Moeller, formerly Microsoft's development lead on the Auto PC platform, as Vice
President of Automotive Telematics. Moeller is also founder and executive
manager of AutoPCWare, an independent firm working with companies developing
hardware and software products for the Auto PC platform.
IRC also named Thomas C. Jedrey, a supervising engineer in wireless
communications at the NASA JPL, as its Chief Engineer for Product Development.
Jedrey has more than 15 years' experience in satellite communications in
terrestrial and space-based systems.
Both Moeller and Jedrey had been consultants to IRC prior to their appointments
with the company.
Omicron Technologies, Inc., is in the business of acquisition, research and
development, and marketing of leading edge technologies and Internet-based
business concepts. Through the combined strategy of identifying marketing
niches and aggressive development of its business interests, Omicron
anticipates success in attaining significant penetration in targeted markets.
Further information can be obtained by contacting Omicron Technologies'
Investor Relations department toll free at: 877-903-2288, or visiting the
company's websites at www.omicrontechnologies.com and www.radiosat.com.
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. |
