NEWS...7/16/98....For those who missed it-
Thursday July 16, 6:30 am Eastern Time Company Press Release SOURCE: IAS Communications, Inc.
Agreement Completed With MobileComm for NPCS Receiver Site Antenna
RICHMOND, British Columbia, July 16 /PRNewswire/ -- The following statement was released today by John G. Robertson, President of IAS Communications:
IAS Communications, Inc. (OTC Bulletin Board: IASCA - news) wishes to announce that an agreement has been completed to build and test the Contrawound Toroidal Helical Antenna (CTHA) for the receiver sites in MobileComm's (MobileMedia Communications, Inc.) narrowband personal communications system (NPCS) network.
IAS and MobileComm have the opportunity to introduce a new product for NPCS. Currently many of the major NPCS carriers in the US are in the process of completing their respective build out programs. NPCS infrastructure vendors are also selling equipment to NPCS carriers outside of the US, which may provide IAS with an international market for the CTHA.
The CTH Antenna will be approximately 5'' in diameter and 1-1/4'' thick. This compares to the 6' to 10' for existing dipole antennas that are being used today. Another advantage of the CTHA is in the area of installation, as it will be less expensive to have the CTHA installed, especially on rooftops. One of the main problems with the dipole antenna is that many potential landlords just do not want unsightly antennas on their building tops or residences.
MobileComm has agreed to assist IAS in the completion of the design in accordance with the specifications and the building of ten prototypes of the CTHA by September 11, 1998. Based on successful test results, IAS will make the CTHA available, for purchase by MobileComm, by October 30, 1998.
MobileComm is one of the largest providers of paging and personal communications services in the United States. MobileComm offers local, regional, and nationwide coverage in all 50 states, reaching markets of over 95 percent of the US population, and in the Caribbean. The company operates two one-way nationwide FLEX* networks and is licensed to operate two nationwide NPCS networks. MobileMedia Communications, Inc. (MobileComm) is a wholly owned subsidiary of MobileMedia Corporation. MobileComm can be found on the world wide web at: mobilecomm.com. MobileComm is not associated with MobileComm, Inc. of Cincinnati, Ohio.
IAS Communications has the sub-license rights for the worldwide commercial rights to the CTHA pursuant to our agreement with Integral Concepts & West Virginia University.
ON BEHALF OF THE BOARD OF DIRECTORS
/s/ John G. Robertson President
For further information, please contact our Investor Relations department at 1-800-668-5499.
SOURCE: IAS Communications, Inc.
Final Note: A quick browse around the Net tells me that MobilMedia has 13.6% of the national pager market. Does anyone else have information on MobilMedia? Please post. |