To: Jim Bishop who wrote (81714 ) 3/13/2001 9:40:26 AM From: Jim Bishop Read Replies (1) | Respond to of 150070 SATX, Inc. Sells Interest in ORA Electronics Inc. TAMPA, Fla., March 13 /PRNewswire/ -- SATX, Inc. (OTC Bulletin Board: SATX - news) announced today the Company has sold its majority interest in ORA Electronics Inc. for an undisclosed amount of cash and stock. Terry Colbert, President and CEO of SATX commented, ``After careful examination, we did not feel that ORA fit into our plans for focusing on our core business. In the transaction, we negotiated for, and will retain the key ORA engineers and support personnel that have been hard at work on our patented proprietary product line.'' He went on to say, ``This sale does not interfere in any way with the development and rollout of our GPS tracking and control product line. It does allow us to better focus on our immediate plans and not be distracted by ORA's capital and business requirements for the cellular accessory business. Likewise, ORA will be able to concentrate on what they do best. We will continue to do business with ORA and believe this transaction is very positive for both companies.'' About SATX, Inc. SATX, Inc. specializes in wireless communications devices including patented proprietary GPS tracking and control devices and prepaid cellular technology. The Company's products position the Company to take advantage of a wide range of GPS tracking and control applications, prepaid cellular and other telecommunications markets About SATX's Patented Proprietary GPS Tracking and Control Product Line SATX holds several patents for 2-way paging technology that utilizes the Global Positioning System (GPS), coupled with one-way and two-way paging systems. Their proprietary product line is different from other GPS tracking products in that they are not only used to locate a vehicle or rail car, for instance, but can also be used to control ``on/off'' devices such as an automobile ignition system, power door locks and various security and theft notification and recovery applications. And more importantly, they do not need expensive cellular communications to communicate with the control center. SATX utilizes low cost paging systems to send and receive signals to and from the various products. SATX will be announcing their new GPS tracking and control product line soon. About SATX's Prepaid Cellular Technology SATX holds proprietary prepaid cellular technology that allows users/purchasers to budget exactly how much they wish to spend on their cellular services. The technology eliminates surprise fees and charges and utilizes proprietary, copyrighted software that allows the purchaser to use a credit card to purchase additional minutes via a toll free number. Once the purchaser buys the minutes they desire, they simply dial a four-digit code into the cellular phone that was given to them during the call and within minutes the time will be added to the phone. This can be done anytime from any phone and the minutes added immediately. Any statements released by SATX that are forward-looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward-looking statements involve risk and uncertainties that may affect SATX's business prospects and performance. Actual results may differ materially from the results predicted, and reported results should not be considered an indication of future performance. It is further noted that data referenced in this release may represent partial data, such as sales results, which are subject to supplementation by other disclosures by the Company. Potential risks and uncertainties may include economic, competitive, governmental, technological, or other factors discussed in SATX's filings with the SEC on forms 10-K, 10-Q, and 8-K. SATX, Inc. is featured on TheStockAdvisor.com and is regularly featured in their newsletter. Additional information may be obtained by emailing satxinc@thestockadvisor.com or visiting thestockadvisor.com . Contact: Arnie Rothlisberger, SATX, Inc. 813-290-0911, 8AM - 5PM PST SOURCE: SATX, Inc.