FYI, More on ELOG.
Soon to return from pinks to OTC-BB.
Elite Logistics, Inc. Signs PageTrack-TM- Distribution Agreement With Omega Research & Development
Business Editors
FREEPORT, Texas--(BUSINESS WIRE)--June 16, 2000--
Agreement Offers Nationwide Distribution of
GPS and Internet-Based Vehicle Tracking, Control System
Elite Logistics, Inc. (NQB:ELOG), developer of the PageTrack(TM)
family of Intelligent Vehicle Systems (IVS), today announced an
agreement with Omega Research & Development, Inc., whereby Omega will
distribute PageTrack(TM) products through its nationwide network of
automotive aftermarket dealers.
The PageTrack(TM) Intelligent Vehicle Systems (IVS) use wireless
communications, Global Positioning Systems and the power of the
Internet to provide asset locating, command and control systems.
Intelligent Vehicle Systems have been available for several years but
because of their high price have been limited to luxury car owners and
fleet management markets. Elite Logistics' innovative PageTrack(TM)
system provides a low-cost approach that will broadly expand the
potential markets for IVS products.
"This agreement with Omega represents a major step in our goal of
achieving nationwide distribution for PageTrack(TM)," said Joe Smith,
president of Elite Logistics. "Omega's reputation for selling quality
products and the superb level of support it provides its dealers and
customers make this an ideal situation for us."
Omega Research & Development, Inc. manufactures and markets
vehicle security products. Automobile security systems are the central
focus of the company, which was founded and is led by President
Kenneth Flick. Omega offers nine lines of keyless entry and vehicle
security systems to a nationwide network of approximately 7,000
dealers.
"We're looking forward to distributing PageTrack(TM), an
innovative product that is a good match for our dealers and
customers," Flick said. "This is an exciting time for Elite Logistics
and a great time for us to be working with them. PageTrack(TM) is at
the forefront of the convergence of GPS, the Internet and wireless
applications for the auto market, so we're pleased to be involved in
this distribution agreement."
About PageTrack(TM)
PageTrack(TM) can monitor, track (including via the Internet),
analyze and control the movement of virtually any object, including
ground vehicles, marine vessels, railway equipment and valuable
objects in transit. The integration of a Global Positioning System and
two-way communications make it possible for PageTrack(TM) owners to
log onto Elite Logistics' web site and view the mapped position of
their mobile asset or obtain detailed information such as vehicle
speed, direction of travel and street address. In addition, vehicle
owners can enter commands to remotely control functions on their
vehicles.
In addition to communicating via a secure Internet link,
PageTrack(TM) owners can communicate with, and remotely manage
functions on their vehicle via a two-way pager, an Internet
access-enabled cellular phone or Palm Pilot PDA, or by calling Elite's
24-hour Customer Support Control Center.
PageTrack(TM) command capabilities include the unlocking of a
vehicle's doors when the keys have been locked inside, and with the
use of an optional remote start module, commanding the ignition to
start the vehicle to warm it up on cold mornings or cool it down in
warm weather, as well as many other value-added functions.
PageTrack(TM) capabilities also include monitoring sensors on a
vehicle or trailer (e.g. door open/close) and notification of events
including alarm or airbag activation.
In the event of an installed car alarm activation, PageTrack(TM)
notifies customers via a variety of communications means that the
system is alarmed, thus indicating that their vehicle may be in the
process of being stolen. The owner then can instruct the PageTrack(TM)
unit to trigger an installed alarm, sound the horn, disable the
vehicle and/or notify local law enforcement of the vehicle's location.
About Elite Logistics, Inc.
Founded in 1997, Elite Logistics, Inc. is the parent company of
Elite Logistics Services, Inc., its wholly owned operating subsidiary
based in Freeport, Texas. Elite Logistics Services, Inc. is best known
for its patent-pending PageTrack(TM) family of Intelligent Vehicle
Systems that integrate global positioning systems and two-way wireless
telemetry technology to provide Internet-enabled tracking and control
of vehicles and other assets. The Company provides a comprehensive
solution to the logistics needs of fleet managers and security needs
of private vehicle owners. The PageTrack(TM) family of Intelligent
Vehicle Systems is distributed within the United States through an
expanding network of distributors and dealers. Elite Logistics, Inc.
is a certified value added integrator for Motorola (NYSE:MOT) and
utilizes the paging network of SkyTel, a subsidiary of WorldCom
(NASDAQ:WCOM). For additional information, visit the Company's
Internet site at www.elitelog.com or contact Joe Smith, CEO, at
979/230-0222 or e-mail jdsmith@elitelog.com.
About Omega Research & Development, Inc.
Omega Research & Development, Inc., is a 30-year-old company based
in Douglasville, Georgia, just west of Atlanta. Founded in Miami as
Auto-Boat Alarm Company in 1970 to design, manufacture and market
vehicle security systems, the company has diversified to include
automotive loudspeaker, speaker wire and personal security products.
Omega Research & Development continues to increase its presence in the
security and mobile electronics market. With advanced technology and
leading manufacturing and distribution capabilities, Omega is a
recognized leader in the auto and personal security industries. New
products and advanced features are always in development, with the
goal of ensuring crime-proof vehicle protection for everyone.
To find the nearest Omega dealer, please contact 888/MR-ALARM.
For additional information about Omega Research & Development, visit
the company's Internet site at www.caralarm.com.
Forward Looking Statements:
This release as it relates to future events, revenue projections
and other company matters, contains forward-looking statements, which
are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Investors are cautioned that
all forward-looking statements involve risks and uncertainties.
--30--KO/na*
CONTACT: VOLLMER
Dan Soine or Lauren Coke, 713/546-2230
dan@vollmerpr.com
lauren@vollmerpr.com
or
Elite Logistics, Inc.
Rich Hansen, 979/230-0222
rich@elitelog.com
KEYWORD: TEXAS GEORGIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS INTERNET TRANSPORTATION
MARKETING AGREEMENTS
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Jun-16-2000 11:45 GMT
Symbols:
US;ELOG
Source BW Business Wire |
