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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (20199)	10/13/1999 9:32:00 AM
From: RCJIII	Read Replies (2) \| Respond to of 25711

News out on ISRI- (COMTEX) B: INTERNATIONAL STAR INC - AVL Agreement With International B: INTERNATIONAL STAR INC - AVL Agreement With International Star, New Sale And Distributor New York, New York, Oct. 13, 1999 (Market News Publishing via COMTEX) -- AVL Information Systems Ltd. (AVLIS) is pleased to announce that it has reached an agreement with International Star Inc., a Nevada corporation, to become a distributor of AVL products by signing an International Distribution Agreement. Under the terms of the agreement, ISRI will act as Distributor for AVLIS on a world wide territorial bases. ISRI has also committed to buy from AVLIS a minimum of 100 "SPRYTE" units per month for the next twelve (12) months. The value of the contract will exceed $500K, with delivery to commence within the next 30 days. International Star has field tested the AVL units on vehicles owned and operated by a mid sized trucking company operating nation wide. The trials occurred in the Los Angeles basin area. Testing including unit location several times per minute and unit speed and direction in real time. ISRI will market the units under the registered name QWIKTRACK (R). Marketing strategy is to focus on wholesale, retail, monitoring and Internet sales through the company's web site www.qwiktrack.com. Customer support and training will be provided through AVLIS (R) technical teams. With the proven reliability of the "OVT" hardware now in place, the development of the Server software to support the On-line Vehicle Tracking system is proceeding full force. Completion of the Server development is expected before year-end with Beta testing to commence in November. Reliability, flexibility and robustness of the Server are details that must be guaranteed before the OVT product goes to market. AVLIS manufactures "event based" automatic vehicle location and wireless information systems through its wholly owned U.S. subsidiary AVL Information Systems Inc. of Detroit MI. The common shares of AVLIS are quoted on the CDN under the symbol AVLL. The current issued and outstanding common shares are 34,529,327. TEl: (519) 869-2677 or (800) 260-0060 Peter Fisher, AVL Information Systems Ltd. E-mail : inquiry@avlinfosys.com Website: www.avlinfosys.com -0-