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Gold/Mining/Energy : Avcan (acy:vse) Company about to take off? -- Ignore unavailable to you. Want to Upgrade?

To: Stan Greene who wrote (12)	7/19/1999 3:13:00 PM
From: Ron Hardy	Respond to of 23

Hello, Thanks Stan for the Union securities info. Interesting. Anyone know why the Avcan website is down? are they upgrading or ? I got a copy of this last week....finally got the time to post it here. -------------- July 15, 1999 Trading Symbol: ACN John J. Sutherland, President and C.E.O., reports: Vancouver, B.C. - ASC AVCAN Systems Corporation held its Annual General Meeting on June 29, 1999 at its new corporate offices. At that meeting, Erik Dysthe was elected to the Board of Directors and all matters, as disclosed in the Information Circular, were passed. Erik Dysthe has served as Chairman of MDSI Mobile Data Systems since its inception. He was also Chief Executive Officer of MDSI from its inception to November 1998 and President from its inception until February 1996. From July 1989 to March 1992, Mr. Dysthe was Vice President of Marketing and Sales at Orcatron Systems. Mr. Dysthe also serves on the Board of Mercantile Bancorp Limited of Vancouver and Coincard International of Victoria, B.C. Mr. Dysthe's hands-on experience, industry insight, product knowledge and marketing expertise will contribute significantly to AVCAN's growth. AVCAN's shareholders re-elected John J. Sutherland, Stephen P.Y. Lee and Kenneth R. Miller as directors. The Board of Directors re-appointed John J. Sutherland as President and C.E.O and appointed Kenneth R. Miller as Chairman. AVCAN has developed a technology that enables utility companies to operate more efficiently by supplying a business solution that effectively monitors and controls inventories and assets. As a data acquisition service provider with proven industry knowledge, AVCAN provides fast, cost-effective and critical information to utility companies. By generating integrated information that is vital to the planning, managing and operating of utilities, AVCAN allows utilities to gain a strong business advantage. -30- For further information contact: John J. Dougherty, Director of Business Development Phone: 604.654.1855 E-mail: johnd@avcan.com The Vancouver Stock Exchange neither approves nor disapproves the information contained herein