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Microcap & Penny Stocks : IHTL Innovative Holdings&Technologies Telemetry in Sports

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To: Cavalry who wrote (32)8/12/1998 3:12:00 PM
From: Due Diligence  Read Replies (2) of 689
 
(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 ***
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