AMCI..sounds good..lets see if she goes.. :)
Thursday August 24, 6:03 am Eastern Time
Press Release
American Millennium Corporation, Inc. Announces Sale of 1,000 VisTrac Units for Truck Fleet Deployment in Central America
GOLDEN, Colo.--(BUSINESS WIRE)--Aug. 24, 2000--American Millennium Corporation, Inc. (OTCBB:AMCI - news) announced today that Costa Rica-based SCCA Satellite Communications Central America has placed an initial order for 1,000 VisTrac(TM) satellite-based systems for tracking and monitoring truck fleets in Costa Rica and Panama.
AMCI Chairman and Vice President of Business Development, Stephen F. Watwood said: ``We are pleased with the relationship that has developed between SCCA and AMCI over the past two years. They have conducted numerous tests and have confirmed that the AMCI VisTrac(TM) technology fully meets their expectations.''
Max Leimer, Vice President of Purchasing and Development for SCCA said: ``The AMCI VisTrac(TM) system exceeds the requirements and functionality for our deployment in the trucking industry in Panama and Costa Rica. There is a real need for tracking, telemetry, and messaging in Central America, and is of the highest importance for the trucking and insurance industries.''
Mr. Watwood said this is the first of several orders expected from SCCA totaling 4,000 systems.
According to AMCI VP of Engineering and Chief Technology Officer Bruce R. Bacon: ``With the VisTrac(TM) system installed in the vehicle, from the customer's desktop and using only a web browser, their fleet management staff can see where the vehicle is located on a map and communicate directly with the vehicle's onboard data terminal. Near real-time access to vehicle operating data opens up all kinds of management opportunities,'' Bacon said. ``It has been gratifying to work with SCCA in taking this remote tracking and communication solution to the vast Central American market,'' Bacon stated.
About the Company: AMCI is a provider of wireless and wire-line solutions for tracking and monitoring of mobile and fixed assets utilizing Low-Earth-Orbit Satellites (LEOs), Geo-Stationary Satellites (GEOs), and terrestrial wireless and wireline technologies. The company has installed satellite communication systems in the field for tracking, monitoring, and reporting data on oil wells, natural gas compressors, rail cars, and trucks. AMCI is currently providing satellite-based services to General Motors, U.S. Army Corps of Engineers, Chevron, The Hanover Company, Compressor Systems, Inc. (CSI), Cabot Oil & Gas, Cross Timbers Oil & Gas, among others. In addition to hardware sales, AMCI generates monthly revenues from airtime sales. AMCI is an applications service provider (ASP) providing data access, tracking, and analysis packages for customers via the Internet. AMCI continues to actively consider additional acquisitions or business combinations that would complement the Company's core business. www.amc-wireless.com
Statements about the Company's future expectations, including future revenues, earnings and transactions, as well as all other statements in the press release other than historical facts, are ``forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results and other corporate developments could differ materially from that which has been anticipated in such statements.
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Contact:
For American Millenium Corporation, Inc.:
Charterbridge Financial Group, Inc.
Justin Quis Quis, 619/696-8000, ext. 108
jquisquis@charterbridge.net
www.charterbridge.net
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