(PR NEWSWIRE) SATX Retains Daynerhall for Marketing; Soon to Announce New Leg
SATX Retains Daynerhall for Marketing; Soon to Announce New Legal Counsel
TAMPA, Fla., Feb. 4 /PRNewswire/ -- In what was characterized as the first
of several major announcements, SATX, Inc. (OTC Bulletin Board: SATX) revealed
today that two firms are being retained to play key roles in the company's
strategic plan for the coming year, particularly as it relates to the SATX
line of Pager-Activated GPS solutions. SATX Chairman and CEO, Merritt Jesson,
said that the company has retained the high-technology marketing and public
relations firm, DaynerHall, Inc., and will soon complete its search for a
blue-chip international law firm.
Florida-based DaynerHall is a marketing, advertising and public relations
agency specializing in such technologies as e-commerce, data communications,
telecommunications and network applications software. The agency has 30 years
of experience in working with high-tech start-up companies, as well as
divisions of such technology giants as GTE, Mitsubishi, Seimens and Harris.
"DaynerHall will assist SATX with strategic positioning, branding, press
relations, partnership relations and co-marketing, and general promotion."
Said Jesson, "Their first assignment is to oversee the launch of a new, full-
disclosure web site by February 21."
Jesson noted that the agency will not have direct responsibility for
investor relations, but will work closely with an in-house investor relations
director who is expected to be on staff by early March. In the interim,
Jesson will continue to take investor calls himself, but will also rely
heavily on "The Stock Advisor," a company already on retainer by SATX to issue
quarterly reports and respond to e-mail inquiries. "Announcements from SATX
will be far more frequent in the coming weeks." Said Jesson, "With these
efforts, along with a more up-to-date and interactive web site, we intend to
provide more complete and timely information to the investment community."
In a search for high-caliber legal counsel, SATX is conducting final
interviews with several top international law firms and is expected to
announce the new relationship within three weeks. "We will make our selection
quickly to insure that our new counsel can help apply some critical finishing
touches to our SEC filing." Said Jesson, "From there, we can look forward
with greater confidence to SATX becoming a fully reporting Nasdaq company."
Jesson added that, beyond the filing, the new legal counsel will have the
horsepower to assist the company across a broad range of business issues, with
particular emphasis on the areas of securities law, international trade, and
patent law.
Jesson emphasized that this announcement begins a gradual unveiling of the
company's year 2000 plan -- intended to clarify the company's vision and
highlight significant new developments. "At this early stage of our break-out
year, we're committed first and foremost to restoring and boosting shareholder
confidence; which is something we haven't done well in recent months." Said
Jesson, "I believe the coming weeks will demonstrate that we now have the
plan, the technology and the team required to become a world-class company."
Contact Information:
SATX, Inc.
4710 Eisenhower Blvd. Suite E-1
Tampa, FL 33634
Merritt Jesson, 800-989-7289 or Garry McHenry 800-989-SATX
SATX, Inc. has been recently profiled in TheStockAdvisor Newsletter. For
an additional report, send email to satx@thestockadvisor.com or visit
thestockadvisor.com .
Safe Harbor Statement: Except for historical information contained
herein, the statements in this Press Release are Forward-Looking Statements
that are made pursuant to then safe harbor provisions of the Private
Securities Act of 1995. Forward-Looking statements involve known risk and
uncertainties, which may cause the Company's actual results in the future to
differ materially from forecasted results.
SOURCE SATX, Inc. |
