To: Stock Watcher who wrote (15477 ) 9/22/1999 12:05:00 PM From: Joe King Read Replies (1) | Respond to of 52051
EPLTF is worth a look and moving on this news! 7,000,000 shares outstanding 2,000,000 in the float according to the company. Up .50 $1.50 on 52,000 shares. UNIVERSAL CITY, Calif.--(BUSINESS WIRE)--Sept. 22, 1999-- Electrocon announced today that the Company's Board of Directors has approved a resolution whereby the Company will change its name from Electrocon International, Inc. (Nasdaq:EPLTF - news) to GETGO Mail.com, Inc. (reserved NASDAQ symbol ''GTGO''), subject to shareholder approval. Management believes the name change will reflect the Company's new strategic focus in the rapidly developing market for Unified Messaging. Specifically, the Company intends to manufacture a new line of credit card size Unified Messaging products capable of receiving and sending Internet remote Voice mail, E-mail and Fax mail downloads through a cellular phone or landline telephone. The GETGO Mail(TM) card plugs into a standard cell phone or landline phone for automatic downloading. The proprietary ''Visual Access Platform'' allows voice data to be stored within an E-mail box and to be formatted with the original caller's identity so that it appears on a GETGO Mail(TM) card's screen and is directly accessible as if it were standard e-mail. Electrocon (GETGO Mail.com) has acquired a patent license agreement with privately held Visual Access Technologies/CVOICE (''VAT'') of New York to develop, manufacture, market and sell a credit card size device capable of receiving Internet Voice mail, E-mail and Fax mail downloads. The patent license allows GETGO Mail.com to make and sell products that provide a visual listing of voice mail and a link to the corresponding voicemail through an Internet Visual Access Platform. Although standard E-Mail and Fax Mail have header formats that identify the original sender, standard voice mail does not. Now, through GETGO Mail.com's new patented technology, a format for establishing original sender headers for voicemail stored in E mail boxes is available, thus allowing for access to voice mail as conveniently as if it were email. In addition, the Company has the exclusive patent license to sell the product and supporting software throughout Asia. Judah Klausner, Visual Access/CVOICE principal shareholder and the inventor of the Visual Access technology says; ''I can see an important market being developed for consumers to carry a small credit card size device in order to receive instant Internet unified mail inclusive of voice mail''. Mr. Klausner, is also the inventor of the electronic databank organizer and was dubbed, ''The Wizard behind the Wizard'' after licensing Sharp Electronics. Additional companies that have sold electronic organizers licensed under Mr. Klausner's organizer patent include Apple, Casio, Rolodex, Toshiba, and Sony. During the past 10 years as a public company, Electrocon International, Inc. has established itself as a significant distributor of semiconductor products, memory chips, integrated circuits, programmable logic devices as well as cell components and chips with gate arrays. The company's principle business activity has been in Hong Kong and China representing such companies as Texas Instruments, Zilog, TDK Semiconductors, Lifinity as well as other leading companies. For additional information on the Company and its new strategic focus, please log on to www.getgomail.com