here is news.
( BW)(FL-INNOVATIVE-HOLDINGS)(IHTL) Innovative's Internet Data Subsidiary Successfully Tests With Indy Racing League's Robby Unser
Business/Technology Editors
WINTER PARK, Fla.--(BUSINESS WIRE)--May 26, 1999--Innovative Holdings & Technologies, Inc.'s (OTC/BB: IHTL) Xtreme Telemetry Systems, Inc. subsidiary has just completed a successful broadcast television and Internet data testing series with the PEP Boys (NYSE: PEP) Indy Racing League's Team Pelfry "PetroMoly Race Car" (OTC/BB: MOLY).
It was driven by Robby Unser, the IRL's Rookie of the Year, at the Indianapolis Motor Speedway.
"We were testing our new wireless telemetry data links that brought data from Robby Unser's body and the car to transmission points where we can provide physiological, mechanical and environmental data to both broadcast television and the Internet", said Helmut Wyzisk, Chairman and President of Innovative Holdings & Technologies, Inc.
"The test was 100 percent successful," Mr. Wyzisk added. "Seeing Robby's body respond to the stress and pressures of travelling at 220 mph was amazing. The next step is to bring this new virtual information technology to both international television networks and Innovative's new Internet sen1.com web site".
"I'm pleased to be part of broadcast history," Robby Unser said. "This gives racing fans a dramatic new way to see exactly what my car and my body really go through during a race. Say that another car cuts me off... I swerve to avoid a crash... my body experiences outrageous g-forces. I grip the steering wheel so hard it nearly breaks off, and my heart seems like it's racing faster than the car is going... that's exciting information for a racing fan to see. And now they can with Xtreme's new telemetry technology."
"And the best part", Unser added, "was that data was transmitted from my body with no wires attached to me... incredible!"
Innovative Holdings & Technologies, Inc. identifies, acquires and incubates early stage niche technology companies with outstanding growth potential. The Company is also creating a worldwide Internet sports network, sen1.com, which is billed as "the total Internet sports experience," providing virtual real time participation for internet users in sporting events, user-friendly on-line games, e-commerce and face-to-face audio and video chat rooms. Valu-net Corporation of Toronto, Canada, is working with IHTL to develop and market this new virtual, real-time sports network on the World Wide Web.
IHTL's Xtreme Telemetry Systems, Inc. subsidiary offers TV and Internet broadcast viewers real-time data on an athlete's physical condition, equipment performance, and relevant environmental information, which will be broadcast on the new Internet sports network.
The statements contained in this release which are not historical facts contain forward-looking information with respect to plans, projections or future performance of the company; the occurrence of which involves certain risks and uncertainties that could cause the company's actual results to differ materially from expected results. Such risks include the timing of implementation and the scope and success of the program described here.
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CONTACT: Innovative Holdings & Technologies Inc., Winter Park
Scott Flynn, Investor Relations, 888/338-3367
KEYWORD: FLORIDA
INDUSTRY KEYWORD: SPORTS COMPUTERS/ELECTRONICS COMED
INTERACTIVE/MULTIMEDIA/INTERNET |
