Man o man I like this stock....this today:
(PR Wires) PRW: ARCOMS' Subsidiary, ICTI, Forms Alliance with American
PRW: ARCOMS' Subsidiary, ICTI, Forms Alliance with American Management Systems
SAN DIEGO--(BUSINESS WIRE)--April 18, 2000--Innovative Communications
Technologies Inc. (ICTI), a subsidiary of Advanced Remote Communication
Solutions Inc. (ARCOMS) (OTCBB:BTRK), announced today that it has formed an
alliance with American Management Systems (AMS) (Nasdaq:AMSY).
The ICTI/AMS collaboration was formed to design and deploy
telecommunications networks, allowing customers to deliver Internet and
other services to corporate and remote offices as well as end users.
The collaboration allows both companies to expand their activities in the
design and implementation of infrastructure and access networks in emerging,
newly privatized telecommunications markets. Currently, the ICTI/AMS team is
focused on implementation of telecommunication access to Internet portals in
Africa and the Middle East through the deployment of a combination of
broadband satellite, wireless and terrestrial networks.
ICTI specializes in designing and deploying turnkey multimedia networks for
service providers and end users, as well as developing enabling software
technologies for licensing to manufacturers and telecommunications carriers.
AMS is an international business and information technology consulting firm
-- one of the 20 largest such firms worldwide.
"Our strategic partnership with AMS is a key element in our continued
growth," stated Jeffrey Jacobson, vice president of business development at
ICTI. "The relationship gives us access to new customers for whom we can
provide data networking solutions for multimedia applications."
"ICTI's ten year track record in enabling new telecommunications companies
to be established from the ground up and their expertise in emerging markets
-- is essential to our success and our strategic partnership," stated
Patrick Reardon, director of data networking for AMS.
About AMS
AMS is an international business and information technology consulting firm
-- one of the 20 largest such firms worldwide. AMS is the premier provider
of next generation enterprise business and technology solutions that
dramatically improve business performance and create value for clients.
AMS's suite of leading edge business and technology solutions, featuring
eBusiness strategy, management and technology services make business
reinvention possible in Internet time for large organizations. Founded in
1970, AMS is headquartered in Fairfax, Va., with over 9,000 employees and 57
offices worldwide. AMS had 1999 revenues of $1.24 billion, with
eBusiness-related revenues representing 40 percent, an increase of more than
150 percent over 1998. FORBES magazine ranked AMS among the best-performing
big companies in the U.S. in their "Best of the Biggest," and FORTUNE
magazine placed AMS on its list of the "100 Best Companies to Work for in
America" in 1999.
AMS is traded on the Nasdaq exchange under the symbol AMSY. AMS can be found
on the World Wide Web at ams.com.
About ARCOMS
Advanced Remote Communication Solutions Inc. (ARCOMS) is a global technology
company delivering innovative and proprietary solutions to customers in
specific markets for their remote information needs through its various
business entities: Boatracs, Enerdyne Technologies Inc., and Innovative
Communications Technologies Inc. (ICTI).
ARCOMS' products and services include customized software applications;
cost-effective satellite communications solutions; near real-time vessel
tracking; bandwidth-efficient, multimedia satellite networks; e-mail
technology; state-of-the-art, real-time video compression products;
multiplexing equipment; and video monitoring services. ARCOMS' client base
includes users within the government, transportation, military, marine,
telecommunications, and commercial markets.
Headquartered in San Diego, ARCOMS has offices in Santee, Calif.; Gulfport,
Miss.; Gaithersburg, Md.; and Leiden, the Netherlands. For more information
about ARCOMS and its business units, visit www.arcoms.com.
Legal Disclosure
Statements within this news release which are not historical facts,
including statements about strategies and expectations for new and existing
products, technologies, and opportunities are forward-looking statements
that involve risks and uncertainties. Because such forward-looking
statements include risks and uncertainties, actual results may differ
materially from those expressed in or implied by such forward-looking
statements. Factors that could cause actual results to differ materially
include, but are not limited to, those set forth in the risk factors
identified in the company's filings with the Securities and Exchange
Commission filings, particularly its Form 10-KSB for the year ended
12/31/99. The company undertakes no obligation to release publicly any
revisions to the forward-looking statements to reflect events or
circumstances after the date of this news release or to reflect the
occurrence of unanticipated events.
CONTACT: Advanced Remote Communication Solutions Inc. (ARCOMS)
Marissa Marsala
(+1) 858/657-0124 (Direct Line)
(+1) 800-336-8722
mmarsala@arcoms.com
or
Andrea Galbo
(+1) 858/657-0127 (Direct Line)
(+1) 800/336-8722
agalbo@arcoms.com
or
Innovative Communications Technologies Inc. (ICTI)
Jeffrey Jacobson
(+1) 301/948-4841 ext. 102
jeff.jacobson@icti.com
or
American Management Systems Inc.
Patrick Reardon
(+1) 703/267-5363 (Direct Line)
(+1) 703/267-8000
patrick_reardon@ams.com
14:05 EDT APRIL 18, 2000
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