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Technology Stocks : U.S. Digital Communications (USDI)

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To: JJMM who wrote ()3/2/2000 5:11:00 PM
From: Dave Swanson   of 308
 
From RB.. Our USDI???
=======================================================
By: onthestreet18
Reply To: None Thursday, 2 Mar 2000 at 1:41 PM EST
Post # of 5590

Is this our USDI??????????

WASHINGTON, D.C., U.S.A. (NB) -- By Newsbytes Staff, Networking Roundup. US Digital Communications Inc. [OTC:USDI] has acquired Global Positioning Technologies Inc. of West Palm Beach, Fla. Terms of the acquisition were not disclosed.
USDI says GPT's technology is designed to develop asset tracking and real-time single-frame video wireless communications applications which will be additional components of USDI's value-added services for satellite platforms.
GPT was originally founded in 1993 as Secure Research & Electronics by current president, Steven Barket. USDI says Barket will be "working directly" with USDI's International Satellite Group "to provide solutions for domestic and international industries that require real-time global location data worldwide."
The high profile Iridium satellite telecommunications system will feature heavily in the company's future, with an international call center set for the first quarter in Las Vegas, Nev. The center will begin life handling GPT's tracking system for Iridium telephone users.
The company says it plans to begin beta testing the asset tracking system during the first quarter with a video product planned for mid-year.

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USDI Update
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