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Microcap & Penny Stocks : Pagestar (PGST)

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To: Harvey Kirby who wrote (51)3/13/1997 6:30:00 PM
From: Joe PPP   of 146
 
LATEST ON PGST............

SANTA ANA, Calif.--(BUSINESS WIRE)--March 13, 1997--PageStar (OTC BB:PGST) designer and manufacturer of the new vehicle tracking and recovery system, StarTrak, which uses satellite technology and paging communications, has entered into an agreement with PageNet to provide complete nationwide paging services.

"We are pleased and excited with our recent strategic alliance with PageNet," said Steve Lipman, president of PageStar. "They are a strong, innovative company who have been consistent leaders in the field of wireless communications. This partnership will ensure PageStar customers the most progressive and comprehensive vehicle tracking and recovery system available today."

Dallas-based PageNet (NASDAQ:PAGE) is the world's largest and fastest-growing wireless messaging company, operating the most extensive wireless communications network in the United States. The company provides paging service to more than 9 million subscribers through 95 sales and service offices, 6,000 resellers and a growing number of market affiliates.

PageNet provides alphanumeric and numeric messaging services with local, regional and nationwide coverage options. PageNet is the exclusive provider of VoiceNow, the world's first advanced voice paging service. Exclusive CNN news and stock updates, voice mail, fax forwarding and wireless data transmission services are available to PageNet subscribers.

According to Russel Head, vice president of national sales and service at PageNet, "PageStar has broken new ground in developing a vehicle tracking and recovery system which utilizes satellite and paging technology. We at PageNet look forward to combining PageStar's innovation and superior product with PageNet's wireless communication technology and expertise."

PageStar's unique system allows consumers to call the StarTrak system from anywhere in the world. Once access is made via your password, your vehicle can be controlled in many ways. The consumer can simulate the car running out of gas and coming to a complete stop, forcing a thief to abandon your vehicle. The consumer may also lock and unlock the doors, disable their car before going to sleep as well as a number of other options.

Another unique characteristic of StarTrak is, the owner is notified by pager or telephone as soon as their vehicle has been stolen. The PageStar Control Center is also notified and with one simple call from the owner, the vehicle can be stopped and safely recovered. The PageStar Control Center will notify local police and provide the location of the stolen vehicle. Unlike other systems, there is no geographical limit for recovery. The vehicle can be located and recovered anywhere in the United States through the use of satellite and paging technologies.

Lipman also points out: "Current automobile security systems do not allow the customer to control their vehicle or to locate and safely recover a stolen vehicle affordably. Our StarTrak line of products makes it simple for customers to control their vehicles by using PageStar's patented remote control switching technology to easily locate and recover their vehicle with a minimal cost and customers don't need to install a standard cellular phone in the vehicle to operate the system, thus saving on the related installation fees and monthly service charges."
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