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Gold/Mining/Energy : Unitec Int. Controls Inc.
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To: Link Lady who wrote (357)4/23/1998 7:56:00 PM
From: John B. Smyth  Read Replies (1) of 856
 
I do not know what their current position is Wendy, my guess is that the principals and related parties would be somewhere between 750K to 1M shares.

I spoke to their Gas Division manager yesterday, who advised they were planning big open house in June to introduce our SCADA to their other customers.

As you probably assumed, the customer referred to in that release was Renaissance. At the time, they did not want their name used as two of our competitors had failed in their attempt to install SCADA in those fields. They didn't want to see us embarrassed publicly if our system failed as well. I saw no difficulty, only opportunity.

Regards,

JBS
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