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Gold/Mining/Energy : KASTEN CHASE APPLIED RESEARCH. -- Ignore unavailable to you. Want to Upgrade?

To: Ruby who wrote (1157)	12/22/1999 8:45:00 PM
From: upultra	Read Replies (1) \| Respond to of 1247

Kasten chase comments New York project Kasten Chase Applied Research Ltd KCA Shares issued 39,084,687 Dec 21 close $0.82 Wed 22 Dec 99 News Release Mr. Terry Kulka reports Kasten Chase and its subsidiary, Springboard Wireless Networks Inc., today confirmed that New York City Transit has selected Matra Transport International/Union Switch & Signal as the successful proposer for the phase II contract of its long-term resignalling program. In phase II, Matra/US&S will be the prime contractor for resignaling the first NYCT subway line, the Canarsie line, representing 23 track miles, 24 stations and a fleet of 160 cars. The value of the contract is $135-million (U.S.). In addition to the phase II contract, NYCT will also be awarding phase III contracts early in the new year to the "follower" suppliers which will be required to modify their communications-based train control systems to be compatible with the Matra/US&S system. It is anticipated that Alcatel Transport Automation and Alstom Signaling will be recommended to receive such contracts. In the first half of 1999, three short-listed proposers -- Alcatel Transport Automation, Alstom Signaling and Matra/US&S -- completed trials of their CBTC technology on a two-mile, single track section of the Culver Line between 4th Avenue and Church Avenue stations in Brooklyn. All three proposers exclusively used the RailPath DCS (data communication system) supplied by Springboard Wireless Networks Inc., a wholly owned subsidiary of Kasten Chase. NYCT's assistant chief procurement officer, Cliff Slater, stated: "The RailPath system performed well and successfully met all of the demonstration objectives." Terry Kulka, president and chief executive officer of Springboard Wireless Networks Inc., said: "We are exceptionally pleased with the performance of our RailPath DCS in the Culver demonstration and with the successful results of the many rigorous technical reviews. It proved that our system can provide a comprehensive and highly reliable communication link between train control and wayside systems in radio-hostile environments common in subway and metro lines. Discussions are now under way with each of the proposers as to the scope of our role in phase II and phase III of the project. We expect this to be finalized during the first quarter of next year as NYCT and the prime suppliers complete the blueprint for the growth of the project." "A DCS is the lifeblood of any CBTC system and it plays a pivotal role in NYCT's long-term goal of developing an industry standard for CBTC," said Tom Sullivan, former director of new technology train control at NYCT and now principal at Transportation Systems Design, a firm that monitors advanced signalling technology within the mass transit industry worldwide. "The extent to which NYCT can motivate followers to build compatible systems is directly related to the viability of its design and the openness of its architecture. Testing at NYCT in 1999 demonstrated that all three shortlisted firms were able to use the industry standard TCP/IP protocol over Springboard's RailPath DCS to successfully demonstrate train control. By incorporating Springboard's proven DCS technology into its CBTC design, NYCT has the opportunity to not only minimize project risk and delay but, perhaps more importantly, say to the industry that it wants a CBTC architecture that is not controlled by any one signal supplier." New York City Transit, North America's largest rail transit system serving three million passengers a day, is a leader in planning for the introduction of communications-based train control. Its target is to have CBTC running on the Canarsie line by 2004. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

To: Ruby who wrote (1157)	12/22/1999 10:11:00 PM
From: Ichy Smith	Read Replies (1) \| Respond to of 1247

Ruby: The headlines are easiest available on Carlson, but they were discussing it on Stockhouse. I don't post on Stockhouse,as I am not found of the kind of discussions (?) they have there. As for John not being in this business long if he doesn't wake up, we will be out of business before John if he doesn't wake up......... By the way, I get news releases from several of my stocks some of which have nothing to do with the internet or computers. One wonders at Kasten Chases level of expertise when they can't even figure out how to Email their stock holders the news releases so that we aren't scrambling to find them.......