IVS could be the next "microsoft" in the automotive ind. Message Board

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Gold/Mining/Energy : IVS could be the next "microsoft" in the automotive ind.

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To: Doug Heuring who wrote ()	11/7/1997 11:50:00 PM
From: Doug Heuring	of 183

Here is the latest news on ivm, Thanks Mark Lizzi, for it. I encourage all shareholders, to take time and read it, even between the lines, i will analyze later this weekend and give you my interpretation. i have never felt better about ivm, then what i do now, please due your research this company is for real and you will see this over the next several months IVS Intelligent Vehicle Systems Inc - Proposed amalgamation with McCarney Technologies IVS Intelligent Vehicle Systems Inc IVMShares issued 152501031997-11-06 close $1.05Thursday Nov 6 1997Mr Tony Stickel reports The company, as part of its commercial business plans, has entered a letter of intent to amalgamate with McCarney Technologies Inc (MTI) and its affiliated companies. MTI has developed, over the past decade, an advanced proprietary computer software system trade named Snapshot and Smartlink that detects engine and drivetrain failure in most trucks and automobiles. This software has been fully tested and is now ready for release to the market. The company has the exclusive marketing license with MTI and contributed to the financing of the successful development of these products. The company has recently secured multi-million dollar purchase orders for products featuring Smartlink and Snapshot and these are scheduled for market release in the first quarter of 1998. These products are anticipated to have a significant impact in the multi-billion dollar automotive and truck industry and should provide numerous opportunities for significant commercial growth. The amalgamated company will combine all engineering, research and development, proprietary rights and marketing activity in one organization. This will allow management to focus its attention on the implementation of a controlled growth strategy on behalf of all the shareholders involved in this project. The company is arranging the mass production requirements as previously announced for its products with one the largest manufacturers of automotive diagnostic products in the world. The amalgamation of the companies will be conducted over the next six months. The terms of amalgamation include one common share of the amalgamated company for each outstanding share in the company and MTI. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com old url (better for printing)

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