To: John Chylek who wrote (3715 ) 9/16/1999 3:10:00 PM From: kramc Read Replies (1) | Respond to of 3817
NTAH News Release on Ragingbull.com. Great News!!! kramc By: Yes333 Reply To: None Thursday, 16 Sep 1999 at 1:23 PM EDT Post # of 1378 NEWS PALM BEACH GARDENS, Fla.--(BUSINESS WIRE)--Sept. 16, 1999--Nevtah Capital Management ("Nevtah") (NASD OTC:NTAH) announced that Cybersensor.com ("Cybersensor") has successfully completed the testing of its remote Internet/satellite monitoring and controlling system for pump jack operations. Cybersensor's technology will perform all of the functions of a typical pump off controller with the expanded features of monitoring tanks and fluid flow at a much cheaper cost. The process is now being expanded to include the monitoring and controlling of gas flow metering for natural gas wells. Patents will be filed this month for both applications of the CyberVip field programmable units. In addition to the Pamco pumping system, these latest developments will be Cybersensor's first and primary applications for the entire oil and gas industry. This low cost system will improve well production, increase equipment and field efficiency and allow users to monitor and directly control operations from any location that has Internet capability. There are over 500,000 oil wells in the US alone that are operated by pump jacks. In addition, there are over 300,000 gas wells, which require metering for production and tracking. This opens up a huge market for Cybersensor's cost effective telemetry technology. Several major oil and gas companies have placed orders for pilot programs. During the next few weeks, Cybersensor will apply its monitoring and control system on wells in Kentucky, Texas, Wyoming and Virginia. Nevtah also announced that it will meet all of the fully reporting requirements to maintain its listing on the NASD-OTC BB in a timely manner. On behalf of the Board of Directors Daniel P. Kesonen, President --30--jd/mi* CONTACT: Nevtah Capital Management Corp., Palm Beach Gardens Daniel P. Kesonen, 561/626-9901 or Ron Fisher, 888/685-5851 KEYWORD: FLORIDA TEXAS INDUSTRY KEYWORD: OIL/GAS ENERGY COMED COMPUTERS/ELECTRONICS INTERACTIVE/MULTIMEDIA/INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story ***