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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (7920)	6/10/1999 2:10:00 PM
From: Koda Ridge	Respond to of 108040

SATX---Very good news. Eric (COMTEX) B: Satellite Control Technologies Inc. Announces it Has Fina B: Satellite Control Technologies Inc. Announces it Has Finalized the Stock Purchase of DebitFone International NEWPORT BEACH, Calif., Jun 10, 1999 (BUSINESS WIRE via COMTEX) -- SatelliteControl Technologies Inc. (OTC BB:SATX) has finalized the stock purchase of DebitFone International, a pre-paid cellular company, thereby strengthening the overall shareholder investment. DebitFone has proprietary software and is capable of adding and controlling the time on each Debit Phone without a land-based switching device introducing the next level of pre-paid cellular including nationwide and "International" calling capability which will quickly expand an already existing market. For the first time, pre-paid cellular phones can now be distributed "FOR SALE" through vending machines, in national retail chains such as video stores, auto part stores, check cashing facilities, college book stores, warehouse clubs, gas station mini marts and large discount department stores. The vending machines will help to eliminate the need for in-store help, as each phone comes completely activated, battery charged with 30 minutes of air time right out of the box. Additional air time can be purchased from the vending machines along with the most popular accessories. The "INTELLIGENT" Phone also displays to the caller in real time how much calling time is available during and after each call is made so that the caller is always aware of how much time remains. Merritt Jesson/CEO of Satellite Control stated, "For the first time the use of cellular vending machines for the distribution of cellular phones will allow individual entrepreneurs the ability to participate in the multi-billion dollar cellular industry." Jesson also said, "I am excited and feel very confident about guiding this company through the complex and highly technical road of the Wireless Telecommunication Industry." Within the next few weeks Satellite Control Technologies will also confirm the details of a substantial purchase order that has just been received for the national distribution of vending machines, as well as the delivery of the New DebitFone vending machines to begin next month. Satellite Control Technologies is publicly traded on the OTC/BB (SATX). Copyright (C) 1999 Business Wire. All rights reserved. -0- CONTACT: Satellite Control Technologies Inc., Newport Beach Merritt Jesson, 800/989-7289 Garry McHenry, 800/989-SATX WEB PAGE: businesswire.com GEOGRAPHY: CALIFORNIA INDUSTRY CODE: TELECOMMUNICATIONS COMED RETAIL Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. * end of story *