SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : PLFM - Undervalued with great potential

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rich who started this subject1/16/2001 8:18:31 PM
From: tony schwarz  Read Replies (1) of 9096
 
(COMTEX) B: Platforms Wireless Announces AMERICEL S.A. ARC System Ins
B: Platforms Wireless Announces AMERICEL S.A. ARC System Installation Schedule

LOS ANGELES, Jan 16, 2001 /PRNewswire via COMTEX/ -- Platforms Wireless
International Corporation, (OTC: PLFM), the developer of the revolutionary
Airborne Relay Communications "ARC System" for wireless voice and data
communications, announced today significant progress had been made in finalizing
plans, schedules, and logistics for the installation and integration of the ARC
System with the AMERICEL cellular telecommunications network in Brazil.

Frank Draper, Executive Vice President, COO, and CTO stated: "We're pleased to
announce that recent meetings in Brazil with AMERICEL management and engineering
representatives were very productive. ARC System performance specifications, as
well as AMERICEL network system installation/integration plans, timelines,
schedules, budgets, and responsibility matrices, were reviewed and defined.
AMERICEL and Platforms have mutually agreed on the following ARC System
Installation Timeframes and Schedule for 2001:


1. ARC System Airborne Payload Completion January
2. Brazil Site Selection & Plans January
3. Brazil Site Construction Permits February
4. ARC System U.S. Payload Testing February/March
5. Brazil Site Construction March
6. San Diego ARC System Demonstration March 5th and 6th
7. Brazil Customs and Operating Licenses February/March
8. Ship ARC System Payload to Brazil March
9. AMERICEL ARC System Installation & Integration March/April
10. ARC System Aerostat Platform Completion April
11. Ship Aerostat Platform to Brazil April
12. Brazil Preliminary ARC System Testing April/May
13. Brazil AMERICEL System Demonstration May
14. Post Demonstration Activities June

Mr. Draper continued: "The ARC System has now been elevated to an important
priority at AMERICEL. In preparation for the forthcoming demonstration, AMERICEL
has deployed an ARC System installation team, and is presently readying the
ground infrastructure to install and integrate the ARC System with the AMERICEL
cellular telecommunications network.

"We're confident the ARC System will perform as expected and provide AMERICEL
with an efficient and cost-effective alternative for expanding their service
coverage and enhancing their competitive market position," concluded Mr. Draper.

Platforms expects that the ARC System showcase demonstration, scheduled to take
place in Brazil later this year, will be a landmark Wireless Industry event,
which will officially introduce the ARC System to the international wireless
communications community. If the ARC System performs as expected, this
demonstration should establish it as one of the most efficient, most
cost-effective wireless communications platforms on the market, positioning
Platforms as the leader of Airborne Wireless Communications.

About Platforms Wireless International

Platforms Wireless 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, LTA host infrastructures, the ZeroGravity
AeroStructures(R). Management believes that these significant advances in the
field of Airborne wireless communications technology, together with continuing
technology improvements and new developments, will provide an 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 savings in both cost and deployment time, as compared to
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
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext