November 27, 2000 08:59
Platforms Wireless Announces ARC System Premiere U.S.
Demonstration
LOS ANGELES, Nov. 27 /PRNewswire/ -- Platforms Wireless International Corporation (OTC:PLFM), the developer of the revolutionary Airborne Relay Communications "ARC System" for wireless voice and data communications, announced today it intends to conduct the ARC System Premiere Demonstration in the United States on Monday, March 5 and Tuesday March 6, 2001, prior to the shipment of the System to Brazil for its scheduled demonstration to Americel S.A.
The critical ARC System demonstration will be performed on two days at the Composite Optics (COI) anechoic test chamber at the COI Test Range in San Diego, California. The ARC System will be installed on the anechoic chamber test tower, and a comprehensive battery of test phone calls will be performed to demonstrate the ARC System's full range of commercial wireless telecommunications capabilities, operating in a faithfully simulated aerostat infrastructure environment, stationed at 10,000 to 15,000 feet above sea level.
William C. Martin, Chairman and CEO stated: "We are pleased to announce the achievement of this important milestone for our Company. The planned ARC System U.S. demonstration scheduled to take place in March of next year, will be a landmark Wireless Industry event. This demonstration will allow us the opportunity to present and demonstrate the ARC System to the international wireless communications community, and to members of the international press at one of the most technologically advanced communications test centers in the world. We expect the demonstration will conclusively validate the unique capabilities of the ARC System and establish Platforms as the world leader of the Airborne Wireless Communications Industry Sector."
Platforms expects the ARC System demonstration will be attended by officials of international telecommunications companies, investment bankers, PLFM shareholders, members of the international press, and representatives of various related wireless industry market sectors. The ARC System demonstration will be conducted at a COI secured area, and access is on a special-invitation-only basis. A major turnout is expected and we would appreciate early notification of requests for passes to attend the demonstration.
Further information on schedules, location maps, and ARC System demonstration show times will be published in the next few weeks. For further information on the demonstration, and to arrange for passes to attend the demonstration, please contact Brad Meyer of FOCUS Partners at 212-752-9445.
About Composite Optics, Inc.
Composite Optics is a world leader in the design, engineering, manufacturing and testing of advanced composite products for the space and aerospace markets. Based in San Diego, California, COI is an employee-owned business with more than 400 associates. The Company was named by the U.S. Small Business Administration as the 1999 National Small Business Subcontractor of the Year. COI has more than 24 years of space flight technology experience, successfully providing innovative composite-material products and services to the leading aerospace manufacturers around the world. COI's extensive corporate capabilities span a wide array of complementary technology disciplines and products, including designing, testing, and manufacturing strategic system payloads, antennas, structures, precision structures, and optics.
COI can be found on the Web, at: www.coi-world.com .
About Platforms International
Platforms International Corporation, headquartered in Los Angeles, California, is the developer and marketer of the revolutionary wireless communications technology known as
the Airborne Relay Communications "ARC" System, and its family of Airborne host infrastructures, the Zer0Gravity AeroStructures(R). These significant advances in the field of Airborne wireless communications technology offer the most efficient, cost-effective, all-broadband, voice and data communications alternative for augmenting, replacing, and supplementing terrestrial wireline and cellular telecommunications infrastructures as well as high and low-earth orbiting satellites -- at a small fraction of the cost and time it takes to deploy these conventional systems. Platforms recently announced its first ARC System Conditional Contract with Americel, S.A., one of the leading cellular telecommunications service providers in Brazil. Platforms can be found on the Web at: www.plfm.net .
Safe Harbor Act Disclaimer
Forward-Looking Statements -- The statements contained in this Press Release, which are not historical facts, are "forward-looking statements," within the meaning of Rule 175 under the Securities Act of 1933, and Rule 3b-6 under the Securities Exchange Act of 1934, and as defined in the Private Securities Litigation Reform Act of 1995, and such statements qualify for the Safe Harbor protection afforded under such Acts. Forward-looking statements can be identified by the use of forward-looking words, such as "believes," "expects," "may," "will," "should," "anticipates," or the negative thereof, or other variations thereof, or comparable words, or by statements related to future plans, strategies, or other business development activities that involve risks and uncertainties. Management cautions the reader that "forward-looking statements" including, without limitation, statements regarding Platforms technology, products, marketing plans and strategies, markets for its products and services, and expected, projected results of operations, are all predictions, expectations, and anticipations. No assurances can be given that such predictions, expectations, and anticipations will prove accurate and correct, or that anticipated, projected future results will be achieved. Numerous risk factors can cause actual results to vary materially from the future results indicated, expressed, or implied in forward-looking statements. Such risks and uncertainties include, but are not limited to Platforms' ability to successfully market its products and services to new customers; the Company's ability to obtain necessary financing to support corporate operations and finance the acquisition of test equipment and systems; the Company's ability to obtain required permits, licenses, and authorizations in a timely manner; the Company's performance of a successful ARC System Demonstration in Brazil; the ability of Service Providers to successfully market ARC System wireless communications services to subscribers; the ARC System's capability to cost-effectively and profitably penetrate higher-cost, rural area markets; and the unknown impact of probable entry into the market by larger, better capitalized competitors. Therefore, there can be no assurance that the information indicated, expressed, or implied in the forward-looking statements contained in this Press Release will prove to be accurate or correct, and future events and actual results could differ materially from those indicated, expressed, or implied in these forward-looking statements.
SOURCE Platforms Wireless International Corporation
/CONTACT: William Martin, Jr. of Platforms Wireless International, 310-338-0637, or fax, 310-338-0268; or Media, Susan Bolen, 914-332-6514, or Brad Meyer or Harvey Goralnick, 212-752-9445, or plfm@focuspartners.com, all of FOCUS Partners LLC, for Platforms Wireless International/
/Web site: plfm.net
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