To: 2MAR$ who wrote (10570 ) 7/1/1999 1:06:00 PM From: Kirt F. Respond to of 108040
EUTO news and movement. FWIW... Ivy Signs Agreement with Sense Technologies Inc. Business Editors JUPITER, Fla.--(BUSINESS WIRE)--July 1, 1999--Eutro Group Holding Inc. (Eutro) (OTC BB:EUTO) and Ivy Entertainment.Com Inc. (Ivy) announced Thursday through a joint release that Ivy has entered into a distribution agreement with Sense Technologies Inc. (OTC:NQB) (Pink Sheets:CTSMD) a leading provider of Biometric Authentication Systems. Sense announced in March of this year, they had begun production of the CheckPoint T/A (time and attendance) biometric enhanced authentication system. In essence, the CheckPoint T/A System uses fingerprint imaging to authenticate employees and their hours at work. With CheckPoint T/A, employers raise productivity and cut losses by eliminating buddy punching, early punches, long breaks, unauthorized access and overtime. Sense also is involved in other fingerprint based authentication systems for banking and finance, food preparation, gaming, hotel, insurance, manufacturing, restaurant, retail and travel industries. For additional information about Sense Technologies Inc. go to their web site at www.senseme.com. Ivy plans to incorporate these various systems in their future endeavors for security measures as well as convenience. Ivy looks to place approximately 100 units by the end of the year at 2 to 3 units per facility nationally and internationally. Ivy also has the right to distribute Sense Technologies Inc.'s full line of products to other companies. This agreement is yet another that allows Ivy to proceed in the direction of developing a diversified entertainment conglomerate. Future agreements in the nightclub, restaurant, resort and travel industries remain the focus of Ivy Entertainment.Com Inc. No assurances can be given that Ivy will be able to place 100 units. The Private Securities Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made) contains statements that are forward looking, such as those relating to consummation of the transaction, anticipated future revenues of the companies and success of current product offerings. Such forward looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any forward looking statements. --30--cp/mi* CONTACT: Eutro Group Holding Inc., Jupiter B. Wilkenson, Investor Relations 561/575-3520 KEYWORD: FLORIDA INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS PRODUCT Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com Jul-01-1999 09:23 GMT Symbols: US;EUTO Source BW Business Wire