Upgrade International Corp. Announces Its Participation In CeBIT 2000
SEATTLE--(BUSINESS WIRE)--February 23, 2000--Upgrade International Corp. (OTCBB:UPGD - news) announces its
participation in CeBIT 2000, in Hannover, Germany starting on Thursday 24th February 2000.
Daniel Bland, President and CEO of Upgrade International Corp. announced today that the company will be represented at the
annual technology exhibition CeBIT 2000 in Hannover, Germany. ''I am pleased to announce today that we will be showing
UltraCard, the core technology of the Upgrade group at CeBIT 2000, at the stand of Emprise AG. This will be the debut
presentation of the revolutionary UltraCard technology to the European market and will be followed by a series of detailed
presentations of several applications which are currently being developed by companies of the group.''
Emprise Management Consulting AG, a shareholder in Upgrade, is a publicly traded company quoted on Neuer Markt in
Germany. Emprise offers computer software consulting, systems integration services and information technology services
including specific system development, organizational advice, strategic planning for information processing, process analysis and
software solutions. The Company has subsidiaries in Germany, Switzerland and the United Kingdom.
In the course of the presentations at CeBIT, it is anticipated that Upgrade International Corp. will be elaborating on its medium
term strategy, current outlook and prospects for the commercialisation and licensing of its products and services.
Upgrade International Corp., (www.upgd.com) is focused on the development and acquisition of state-of-the-art information
technology. In addition to EforNet Corp., one of the companies in which Upgrade holds a substantial stake, UltraCard Inc., has
developed a revolutionary system for high capacity data storage. The management of UltraCard, Inc. believes that their developed
and patented product represents a significant advance in the method consumers and businesses will utilize portable data,
integrating UltraCard products into everyday life. Utilizing existing hard disk storage technology, UltraCard provides a unique and
highly durable media in a common credit card format, to satisfy the next generation in personal portable data storage for a broad
range of existing and new market sectors. UltraCard currently provides 5 megabytes of memory and is fully editable.
Management estimates that more than 1 gigabyte of recordable data, on a single credit card format, can be achieved without the
need for compression technology.
On behalf of the Board of Directors
Daniel Bland
This news release may contain forward-looking statements relating to future results, performance, plans, events or other matters.
Such statements involve numerous risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to
development of the Company's products and services and markets for such products and services, the timing and level of
customer orders, competitive products and services and pricing, changes in economic conditions and the markets for the
Company's products and services and other risks and uncertainties. Actual results, performance and events may differ materially.
Readers are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this
News Release. The company undertakes no obligation to release revisions to these forward-looking statements to reflect events or
circumstances after the date of this News Release.
Contact:
Upgrade International Corp.
Daniel Bland, 206/903-3116
ir@upgd.com |
