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 ()	12/23/1997 12:03:00 PM
From: MARK LIZZI	Read Replies (1) of 183

Hi Doug Here is the latest from IVS. Mr James McCarney reports All of the company's corporate goals for the year have been realized. The company's expectations for 1998 are even greater as the company has finally achieved its long anticipated breakthrough to commercial operations. The systems being designed today by IVS are considered advanced information tools that allow defined life cycle maintenance management techniques to be applied to trucks and autos. It is generally agreed in the industry today that these systems will be mandatory for auto and truck manufacturers in the near future to effectively market products in a highly competitive global marketplace. IVS is currently working under collaborative agreements with Mack Trucks, GE Capital Fleet Services, Hewlett Packard, SPX-OTC and others. The purpose of these agreements is to design a family of products that will fully satisfy the complex diagnostic needs of modern vehicles with the end goal of increasing consumer confidence and loyalty. The company announced in Stockwatch December 16 1997 that it had completed its first commercial product for Mack and had arranged the initial production order of 2,500 systems with SPX-OTC, one of the world's largest manufacturers of vehicle diagnostic equipment. This order has a value in excess of $4,000,000 and IVS has a sales target for Mack of approximately 30,000 systems per year. IVS management has always been confident that it would emerge with successful commercial products. It appears that this has now been confirmed with the breakthrough order from Mack. The company has begun working on other projects that are expected to have, similar success in 1998. Doug,this came from canada-stockwatch.com An excellent site for Canadian stocks.

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