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Technology Stocks : Racom Systems (RCOM)
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To: Gutterball who wrote (119)6/29/1998 10:53:00 AM
From: Gutterball  Read Replies (1) of 468
 
News on Intag from the horses mouth. Source Yahoo-RCOM #352

I am from today trying to get the (Intag) website up to date. But till then:

1) Intag bought Gulf Australia Technology Applications Fundings (GATAF) right for the Middle East for shares and future benefits based on revenue. This gives Intag the right to contract directly with Binladen Telecommunications Company (BTC) who will be the Saudi company contracted to do the Hajj.

2) We believe that BTC will win the National ID card and the National Passport.

3) Intag and BTC has bid for the Egyptian National Passport using the same technology that is the basis of the Malaysian Passport implementation ie IRIS.

4) Intag is working closely with three Australian opportunities that we hope we will be able to announce in the near term.

5) On Friday 26 June, we signed a Strategic Alliance with Spectrum Information Services aimed at giving Intag some depth of field in the Software development world.

As a matter of principle,the Board of Intag has chosen not to "program announce" possibilities - our share price reflects this.

My email is barriee@intag.com.au if you wish to get an update periodically, I review my mail every day.

Regards,

Barrie- General Manager Sales and Marketing
ÿ
Editor's (Me!) note: IRIS has a representative on Racom's Board.
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