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Microcap & Penny Stocks : Current Tech CRTCF

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From: leigh aulper5/30/2008 8:31:32 AM
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Current Technology's Celevoke Completes Distribution Agreement and Ships 700 GPS Tracking Units
Friday May 30, 8:00 am ET

VANCOUVER, British Columbia, May 30 /PRNewswire-FirstCall/ -- Current Technology Corporation (OTCBB: CRTCF - News) today announced its 51% owned Texas-based subsidiary Celevoke, Inc. ("Celevoke") has completed a definitive distribution agreement with The Real Security Company Ltd. ("TRSC") of Kelowna, British Columbia. "We are shipping 700 GPS Tracking units today," stated Celevoke Vice-president Brian Allen, "and plan to ship a further 1000 units next week."


"The first 700 units are already placed," said TRSC CEO Eldon Heppner. "Five hundred will be delivered to automobile and power sports equipment dealers in British Columbia and Alberta, Canada. The remaining two hundred are for dealers in Florida and Texas. This is just the beginning. These units prime the pump in very limited geographic areas. We plan to blanket North America with Celevoke units marketed under our EYE-ON brand. We believe we will soon be purchasing thousands of units per month on a regular basis."

"We are very excited about TRSC's plans," stated Current Technology CEO Robert Kramer. "We believe these first two shipments totaling 1700 units represent the leading edge of a sophisticated marketing strategy which should see tens of thousands of units sold into many markets from automotive and power sports equipment to pupil transportation to name just a few."
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