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

To: gizmo&jack who wrote (12367)	7/21/1999 2:03:00 PM
From: John Clark	Read Replies (1) \| Respond to of 108040

Advanced Communications Technologies, Inc. - New Acquisition Business Editors/Technology Writers NEW YORK--(BUSINESS WIRE)--July 21, 1999--The Board of Directors of Media Forum International, Inc., (OTC BB -"MFMI") announced today that that it has entered into an agreement with Unilon Proprietary Limited, Australia's only accredited LonWorks Independent Developer to form a new corporation, ACTLON Enterprises Pty. Ltd. The new corporation will market and develop a newly developed "state of the art" suite of products with RF wireless connectivity in the process control/distributed control marketplace. Unilon brings to the new venture an existing suite of wireless and fixed industrial control products, together with some proprietary application technologies. The current Unilon products are based on the three processor Neuron(TM) chip developed by Motorola and the Echelon Corporation (NASDAQ ELON). In choosing to use Echelon LonWorks technology the new products will bring to the industry several key technical features lacking in existing products. Utilizing some new RF Wireless applications, these features include the ability to remotely reconfigure devices on the fly, switch input/output functionality, reload control software and self discover. Self-discovery gives the ability for new devices on the network to automatically install themselves, making installation and future compatibility very easy. The products operate with an open system that is guaranteed to be compatible with all existing competing systems, allowing for seamless integration of the new devices into existing networks. The new architecture is a paradigm shift from existing distributed control networks in that it moves to a polling model with true network architecture. Existing products such as those manufactured by Alan Bradley, Yokagawa, Turk, Siemens, Mitsubishi, Siebe all use a traditional control structure using low level signaling. This suite of products will be ideally suited to many industrial and commercial fields, including but not limited to building control, aviation, wineries, factory automation, agriculture, industrial process control, video surveillance, water and power monitoring/control, security systems, and more. The new devices are Java compatible, and can be programmed in a variety of languages. The devices will work with all existing front-end control software, including Citect, Isagraf, Wonderware, and Aimacs. These programming products are available in over 28 different languages, giving the product an instant global market. The higher data rate, faster response times, ease of installation and ability to program the control devices remotely makes these new devices a quantum leap ahead of any other competing product in the marketplace today. ACT brings transmission techniques to the venture that allow the new devices to operate at data rates much faster than any existing product on the market today. The global market for these products is estimated at $40 billion dollars annually. ACT owns 70% of ACTLON Enterprises Pty Ltd, and the new company will operate from Advanced Communications Technologies Australian headquarters in Melbourne. The new corporation brings together over 60 years of experience in the process control/distributed control field. Immediate sales are imminent. And the venture is expected to produce substantial revenues during the first year of operations. NEW INTERVIEW - WALL STREET REPORTER - WallStreetReporter.com A new informative interview with the CEO, Roger May, recorded on July 19th, 1999 is now available on the above site. The foregoing contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized. --30--bh/ny* CONTACT: Media Forum International Roger May CEO Tel: 516/816-5777 or 949/ 757-0779 Fax: 949/477-4937 e-mail: actusa2000@aol.com KEYWORD: NEW YORK INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS INTERACTIVE/MULTIMEDIA/INTERNET MERGERS/ACQ Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com Jul-21-1999 12:53 GMT Symbols: US;MFMI Source BW Business Wire