> NEWS RELEASE TRANSMITTED BY CCN NEWSWIRE
>
>
> FOR : Telepanel Systems Incorporated
>
> TSE SYMBOL: TLS
> OTC Bulletin Board SYMBOL: TLSXF
>
>
> March 8, 2001
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> Telepanel Engages Gerard Klauer Mattison As Advisor
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> TORONTO, CANADA--Telepanel Systems Inc. (TSE:TLS and OTC:TLSXF), a leader in electronic shelf label
systems for retail stores, today announced that it has entered into a long term advisory agreement with Gerard
Klauer Mattison (GKM).
>
> GKM, headquartered in New York, is an institutional research and investment banking firm with significant
experience in the retail technology automation sector. In addition to its success as a market maker in the
sector, GKM has performed investment banking services for the sector's leading companies and provides
research coverage on Optimal Robotics, Metrologic Instruments, Symbol Technologies and Zebra
Technologies.
>
> "GKM's U.S. presence and excellent reputation in the technology sector will be of tremendous benefit to
Telepanel," said Garry Wallace, President and CEO of Telepanel. "GKM's award winning research, market
expertise, and contacts are a great fit for the company and I look forward to their assistance as we move
forward to finance rollouts of electronic shelf label solutions and to facilitate key strategic alliances".
>
> With more than 20 analysts, the GKM research department covers over 200 public companies, with a
principal focus on the technology / telecommunications, media / entertainment, healthcare, energy and
consumer industries. GKM has additional offices in Boston, Chicago, Los Angeles, San Francisco, and Tel
Aviv.
>
> Telepanel is a leader in developing wireless electronic shelf labeling systems for retail stores. Telepanel
ESLs are placed on the edge of store shelves to show a product's price and other information. Prices are
changed by a radio communications link from the store's product database, to provide rapid, accurate pricing
updates.
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> Telepanel's systems are integrated with the leading 2.4 GHz RF LANs which allows retailers to take
advantage of their investment in IEEE-standard in-store RF networks and extend their use to electronic shelf
labels.
>
> Telepanel wireless ESLs are installed throughout the United States, Canada, and Europe, with such
premier supermarket chains as Adam's Super Food Stores, A & P, Stop & Shop, Loblaws, Big Y, Reasor's,
Doll's, Brown's, Stew Leonard's, Grand Union, Wakefern, Berks, Ellington, Port Richmond, Champion, Leclerc,
Intermarche, SPAR, and Super U, and at Universal Studios, Hollywood.
>
> This press release includes forward looking statements as defined in the Private Securities Litigation
Reform Act of 1995. Forward-looking statements do not constitute historical facts and involve risks and
uncertainties, including, but not limited to, the possibility that adverse economic or other factors may cause
actual results to be materially different than current estimates and projections. Additional detailed information
concerning a number of factors that could cause actual results to differ materially from the information
contained in this press release is contained in the reports and other documents of Telepanel filed with the
Securities and Exchange Commission from time to time.
Good Investing
RJQ |
