(BSNS WIRE) Innovative Holdings & Technologies, Inc. to Establish Corporate
Innovative Holdings & Technologies, Inc. to Establish Corporate Internet
Communications Initiative
Business Editors/Technology Writers
ORLANDO, Fla.--(BUSINESS WIRE)--May 19, 2000--Innovative Holdings
& Technologies, Inc., (OTCBB:IHTL) stated today that the Company is
developing a new communications program designed to offer the
Company's shareholders the latest, real time updates and news. This
Internet-based initiative is a result of IHTL having recently achieved
fully reporting issuer status under the Securities Exchange Act of
1934 and is compliant with the new Eligibility Rule as required by the
National Association of Securities Dealers, Inc. (NASD) for OTC
Bulletin Board companies.
Shareholders and others interested in IHTL will be able to access
current information and updates as they become available on the
Company web site, www.innovativeholdings.com.
According to Helmut Wyzisk, Chairman and President of Innovative
Holdings & Technologies, Inc., "IHTL is moving forward and is creating
ways to more effectively communicate with shareholders. Our Xtreme
Telemetry Systems, Inc. subsidiary is in the process of developing a
number of new applications in sports and entertainment, and by adding
these new features to IHTL's web site, we will be able to more
effectively deliver information in a timely fashion."
E-mail questions and comments may be submitted to
info@innovativeholdings.com.
IHTL's Xtreme Telemetry Systems subsidiary has developed the new
X/T broadcast sports information system to provide critical "real
time" telemetry data on physical performance (heart rate, body
temperature, respiration, stress levels, and more), equipment or
vehicle performance, plus important environmental data displayed
on-screen for audiences on network television, cable, and the
Internet. The viewer is able to see an incredible stream of
information that truly makes the event come alive, and provides a
unique on-screen "billboard" that can be used to feature promotional
messages and sponsor's logos.
Innovative Holdings & Technologies, Inc. identifies, acquires and
incubates early stage niche technology companies with outstanding
growth potential.
The statements contained in this release which are not historical
facts contain forward-looking information with respect to plans,
projections or future performance of the company; the occurrence of
which involves certain risks and uncertainties that could cause the
company's actual results to differ materially from expected results.
Such risks include the timing of implementation and the scope and
success of the program described here.
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CONTACT: Innovative Holdings & Technologies, Orlando
Virginia Clements, Investor Relations, 888/845-3510
Company Web Site: www.innovativeholdings.com
KEYWORD: FLORIDA
INDUSTRY KEYWORD: INTERNET TELECOMMUNICATIONS SPORTS
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