(PR NEWSWIRE) DJ: Innovative Holdings' Subsidiary Establishes New
Research DJ: Innovative Holdings' Subsidiary Establishes New Research & Development Division To Capitalize On Sports Telemetry Opportunities WINTER PARK, Fla., Aug. 12 /PRNewswire/ -- Innovative Holdings & Technologies, Inc. (OTC Bulletin Board: IHTL), today announced that its Biocam Company, Inc. subsidiary has created a new Research & Development Division headed by Larry Vancini, Biocam's Vice President of Engineering and Development. "Now that Biocam, through its All Sports Telemetry broadcast TV service, has proven itself as a technological leader in the Motorsports arena," Vancini said, "We are effectively positioning ourselves to explore the entire universe of mechanical and biological applications for our leading edge technologies in the world of sports. Our technology not only measures the mechanical performance of a racing car, but can also interactively measure and monitor the physical performance of athletes in any kind of sports event...we can even apply this to thoroughbred race horses." With the creation of this new R&D Division, Biocam is positioning itself to bring its mechanical and sports telemetry technology into sports arenas including the upcoming Winter & Summer Olympics, Xtreme Sports, Golf, Power Lifting, Tennis, Boxing and Skiing. In addition to measuring the physiological performance of an athlete for training purposes and to broadcast their performance live for the national network TV audience, Biocam's technology can also be used to measure the environment around the athlete, i.e., air temperature and wind speed. Biocam is also bringing its broadcast telemetry to the World Wide Web, developing the new Biocam Sports Network on the Internet that will feature a whole new inside look at the real time performance of athletes, equipment and the environment they are competing in. This new, state-of-the-art service, is currently under development. Biocam provides Broadcast Telemetry services to ESPN/ABC-TV for the NASCAR Winston Cup Series, the Busch Grand National Series and the NASCAR Truck Series. Plus the company provides its AST data radios to many of the teams in the FedEx CART Series (NYSE: FDX). Biocam is also the official supplier of data radios to the Indy Racing League. In addition, for the second year in a row, the Biocam AST Wireless Modem System is being used within the IRL to distribute timing and scoring information to the teams, the press and VIP suites. Biocam's "real time" race car performance data (speed, RPMs and braking action) can be seen along with the in-car camera view during NASCAR races broadcast by ESPN/ABC-TV. Biocam's information site on the in-car camera view is sponsored by Tabasco, and is called "The Tabasco Hot Zone." Innovative Holdings & Technologies, Inc. identifies, acquires and incubates early stage niche technology companies with outstanding growth potential. For information, contact Investor Relations: 888-338-3367, fax 612-452-6138, stockprofiles.com. /CONTACT: Investor Relations, Innovative Holdings & Technologies, 888-338-3367, or fax 612-452-6138/ 14:19 EDT *** end of story *** |