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Gold/Mining/Energy : Nevtah/Tower Oil Intl.- NTAH

NTAH 0.00400

-60.0%

Jul 24 5:00 PM EST

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To: Ditchdigger who wrote (3525)	5/18/1999 9:57:00 AM
From: Paul J. Sharga	Read Replies (1) of 3817

Nevtah Announces Cybersensor.com Manufacturing Alliance with Stellar Satellite Communications Business Editors & High Tech Writers PALM BEACH GARDENS, Fla.--(BUSINESS WIRE)--May 18, 1999--Nevtah Capital Management Corp. ("Nevtah")(NASD OTC: NTAH) announces that Cybersensor.com (Cybersensor) has formed a strategic joint development alliance with Stellar Satellite Communications (Stellar). Stellar will supply the subscriber communicators that will act as both the field satellite link and the controller for the Cybersensor system. The equipment being tested by Pamco will replace the more expensive equipment currently being used for two way communications. This subscriber communicator will link the field operations via satellite and allow the Web Based Software (CyberVip) to replace the need of additional software and other equipment necessary with current two way communications systems. Stellar is considering locating a North American plant to serve the anticipated demands of Cybersensor. Cybersensor has placed an initial order for over 1,000 units to be available next quarter. The ability to both monitor and control economically with CyberVip software opens new markets for many areas of the communications industry. Petroleum Asset Management Company (Pamco) has just retained Associated Facility and Manufacturing Engineers (afme) of Nashville, Tenn. They will be responsible for developing and consulting on the cost control and fast track manufacturing of the Pamco stripper well systems. One of the partners was one of the first 13 engineers hired by Nissan when they located their plan in Tennessee. He was also one of the first to bring about the "Just in Time" and now "Lean Manufacturing" concepts from Japan to many of the U.S. automotive suppliers. Another partner was the former president of the Chrysler Corporation. This firm will bring about the most efficient and rapid production process that will be needed to support the Pamco operations. In order to meet our plans and anticipated growth, we have incorporated the latest technology from Stellar and one of the highest rated engineering firms in the industry. We will continue to search out and employ only the best in their respective fields to lead us into the 21st century technology we have developed in both Pamco and Cybersensor. On behalf of the Board of Directors Daniel P. Kesonen, President --30--LS/na* CONTACT: Nevtah Capital Management Corp., Palm Beach Gardens Daniel P. Kesonen, 561/626-9901 KEYWORD: FLORIDA TENNESSEE INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS INTERACTIVE/MULTIMEDIA/INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com

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