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Gold/Mining/Energy : IDS Intelligent Detection Systems (ISD.TO) -- Ignore unavailable to you. Want to Upgrade?

To: Frank Ferrari who wrote (90)	10/14/1999 10:22:00 AM
From: Frank Ferrari	Respond to of 149

Attention Business Editors: IDS creates virtual exploration and mining community with launch of Geo-Portal Selects Sun - Netscape Alliance Software to Deliver Personalized e-Commerce, Content TORONTO, Oct. 14 /CNW/ - The $300 billion (CDN) international exploration and mining industry will soon be part of an integrated online community. Intelligent Detection Systems (IDS) (TSE:ISD), a Canadian developer of sophisticated detection devices announced today that it is working with the Sun - Netscape Alliance to develop Geo-Portal, an online e-commerce centre for mining, geophysics and exploration professionals around the world. Through two gateways, GeophysicsOnline.com and MineOnline.com, IDS will bring together consultants, equipment, instrument manufacturers and service providers in one common trading, research and information post. The portals will also feature full-service e-commerce capabilities, specifically designed to meet the business-to-business and trading needs of the geophysics and mining industries. Dr. Mariusz Rybak, chairman and CEO, IDS, believes that a virtual marketplace is the most effective way to meet the needs of this highly-fragmented worldwide industry: ``This sector is made up of people with a high degree of technical literacy,' says Rybak. ``As a group, they are extensive users of computer and telecom technology but they currently lack a centralized business and communication resource. ``We have over 50 years experience in this sector,' he says. ``And now, with the launch of Geo-Portal, we aim to be the number one source for products and services that include equipment, instrumentation, survey data and analysis for this market and we are excited to work with the Sun - Netscape Alliance to deliver our vision.' The Geo-Portal infrastructure uses the Sun - Netscape Alliance iPlanet e-commerce application software to enable users to customize their desktops and deliver personalized e-commerce and content to users around the world. Features include personalized business news updates, industry-specific content, stock quotes, reference data, weather, sports as well as a gateway to the online Geo-Portal marketplace. ``With Geo-Portal, IDS is offering a much-needed portal to the global exploration, oil and gas and mining industries, enabling members to communicate and conduct business online,' says Todd Finch, President, Sun - Netscape Alliance Canada. ``We are happy to work with the leaders in this space to provide personalized e-commerce tools to the exploration community.' Geo-Portal will be comprised of two portals initially: GeophysicsOnline.com to serve the mining and oil and gas exploration industries and MineOnline.com for the mining production sector. Other portals aimed at the oil and gas production sector are planned. IDS is a dynamic developer, manufacturer and marketer of sophisticated detection devices and systems. The company operates through seven business units: Analytical & Security products and solutions, IDS Power Control Systems, Scintrex Earth Science Instrumentation, Survey & Exploration Technology Services, IEC (Integration, Engineering and Consulting), ChemiCorp International and Caduceon Inc. Its more than 70 products range from drug and explosive detectors to nuclear safety control instruments, oil and gas exploration and developing technologies for industrial process control and point-of-care health analysis.