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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (21363)12/11/1999 10:43:00 AM
From: SuperValu  Read Replies (1) | Respond to of 52051
 
Please enter it as my pick. Should be an interesting week. Thank you for the welcome.

SV
YK3 Ready :)



To: Stock Watcher who wrote (21363)12/11/1999 10:47:00 AM
From: Whisperer!  Read Replies (1) | Respond to of 52051
 
NEWS!!!

Centraxx Demonstrates Breakthrough Wireless Technology
LAS VEGAS, Nevada--(BUSINESS WIRE)--Dec. 10, 1999--Centraxx, Inc. (OTCBB:CNXX - news) today announced the successful demonstration of its breakthrough high-speed, wireless two-way data communications technology. During the December 9, 1999 public demonstration of its revolutionary UNI-POINT(tm) wireless data communication system and AutoRescue(tm) vehicle tracking and recovery system, company representatives utilized a single base station to dynamically and accurately track a vehicle. The vehicle was recovered by a local police officer in less than five minutes.

Representatives from government, law enforcement organizations, emergency services, roadside service providers, fleet managers as well as the insurance and wireless communications industries were on hand to witness the demonstration.

``Vehicle thefts are costing insurance companies more money, and causing dangerous pursuits. We welcome anything that will help us apprehend these criminals,' said Constable Randy Cowan of the Peel Regional Police O.I.C. High Enforcement Action Team (H.E.A.T.) who was on hand to witness the demonstration. ``What we saw today got the job done, and that is what we're looking for.'

``This is the first public demonstration of a high-speed, wireless two-way data system with positioning capabilities that can perform at this level of accuracy,' said Frank Neuperger, President and CEO of Centraxx Technologies (division of Centraxx Inc.). ``The Centraxx AutoRescue system will bring the benefits of highly accurate location technology to everyone, at a fraction of the cost of currently available systems.'

The AutoRescue system is the first vehicle tracking and recovery system in the world that combines self-arming reliability, speed, accuracy and affordability. The AutoRescue system consists of a small tag hidden within a vehicle and a wireless key that the owner will carry on his or her key chain. When the vehicle moves, the tag ``wakes up' and looks for the presence of the wireless key. If the wireless key is not in the vehicle, the tag sends an immediate alert to the nearest base station, which is transmitted to the Centraxx monitoring center. Real-time tracking and notification to the police occurs within seconds of the actual event, enabling quick recovery. AutoRescue is expected to retail for $129.95 and will offer 24/7 monitoring for $4.95 per month.

UNI-POINT is a land-based radio frequency tracking station that is capable of transmitting and receiving large volumes of data at high speed. It also can deliver exact tracking and locating information. A UNI-POINT base station can be deployed independently for a local application or in a network configuration for wide area applications. Centraxx intends to commence network deployment of its patent pending UNI-POINT base stations across North America beginning Q2 2000. AutoRescue is the first of many products and applications that will function within the Centraxx high-speed wireless communications network.

About Centraxx

Centraxx is a wireless data communications company specializing in providing location technology solutions. The Company has developed a revolutionary wireless communication system with locating capabilities that establishes a new industry standard for accuracy, speed and reliability. Centraxx intends to respond to significant international market opportunities and introduce a continuous stream of products through direct sales and licensing agreements.

More information regarding Centraxx and its products and services can be found on the World Wide Web at www.centraxx.com. Centraxx shares are quoted and traded through the OTC Bulletin Board under the symbol ``CNXX.'

Forward-looking statements in this release are made pursuant to the ``safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, acceptance of the Company's products, increased levels of competition, new products and technological changes, the Company's dependence upon third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.

(The information in this release has been neither approved nor disapproved by any regulatory body.)
--------------------------------------------------------------------------------
Contact:

Frankopan & Co.
Investor Relations Contact:
Chuck Courson, Director
Tel. 1-800-355-1564 Ext. 243
E-mail: ccourson@frankopan.com
or
Centraxx Technologies (Div. Centraxx Inc.)
Frank Neuperger, President/CEO
Tel. 905-826-9988 Ext. 270
E-mail: fneuperger@centraxx.com