(BSNS WIRE) Innovative Holdings & Technologies, Inc. to Copyright Proprieta
Innovative Holdings & Technologies, Inc. to Copyright Proprietary Technology
Business Editors/High-Tech Writers
ORLANDO, Fla.--(BUSINESS WIRE)--May 31, 2000--Innovative
Holdings & Technologies, Inc., (OTCBB:IHTL) announced today that the
Company's Xtreme Telemetry System, Inc. subsidiary has filed an
application to copyright a proprietary new software technology that is
the core data transmission system for capturing and delivering real
time telemetry information to broadcast television and the Internet.
According to Colin Beasley, CEO of Xtreme Telemetry Systems, Inc.,
"this one-of-a-kind software technology brings mechanical,
environmental and physiological telemetry data from its source and
delivers it seamlessly to both the Internet and broadcast television
in real time."
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.
--30--law/mi*
CONTACT: Innovative Holdings & Technologies, Inc., Orlando
Virginia Clements, Investor Relations, 888/845-3510
URL: www.innovativeholdings.com
KEYWORD: FLORIDA
INDUSTRY KEYWORD: SOFTWARE INTERNET COMPUTERS/ELECTRONICS
TELEVISION/RADIO
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