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Microcap & Penny Stocks : PRAV Paradigm Advanced Technologies, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Bill Fortune III who wrote (365)	10/23/2001 8:35:53 PM
From: jimpit	Read Replies (1) \| Respond to of 466

And another... (emphasis is mine) ___________________________________________________________ Tuesday October 23, 10:45 am Eastern Time Press Release SOURCE: Paradigm Advanced Technologies, Inc. Paradigm Advanced Technologies, Inc.: Mike Kedar, Founder of Call-Net -Sprint Canada- and Canada Popfone -Now Microcell-, Joins Paradigm's Advisory Board TORONTO--(BUSINESS WIRE)--Oct. 23, 2001--Paradigm Advanced Technologies, Inc. (OTC BB: PRAV - news), (www.powerloc.com) announced today that Mike Kedar, President and CEO of Mobilexchange Ltd., a company currently involved in the wireless Internet sector, has joined its Advisory Board. Mr. Kedar is a pioneer in the telecommunications industry, having founded and led a number of telecommunications companies that today are household names and industry leaders. In 1986, Mr. Kedar launched Call-Net Telecommunications Ltd., which today is the alternative telecommunications service provider in Canada operating as SPRINT Canada. In 1992, Mr. Kedar founded and was strategy advisor to Canada Popfone Corporation (now Microcell Solutions Inc.), a leader in the Canadian PCS and wireless Internet market. In 1993, Mr. Kedar was instrumental in the creation of TeleBermuda International Limited (TBI), the alternative international telecommunications carrier connecting Bermuda to the US via its BUS-1 fiber optic cable. Mr. Kedar also served as Chairman of GlobeNet Communications Group Ltd. and was instrumental in the planning of its Atlantica Network - a state-of-the-art 22,500 km undersea fiber optic network designed to carry voice, video, Internet and data traffic between the US, Brazil and Venezuela, via Bermuda. The strategic value of GlobeNet's network was clearly demonstrated when, in March 2000, 360networks Inc. acquired GlobeNet in a transaction valued at approximately US$1 billion. In keeping with his entrepreneurial spirit, Mr. Kedar sits on the Board of Directors of Broadband Collaborative Solutions and Orient Exnet Corporation (location) and the Advisory Board of VoiceGenie located in Toronto. ``We are delighted that Mr. Kedar has joined our Advisory Board,'' said Eduardo Guendelman, President and CEO of PowerLOC. ``Mike has a wealth of experience in the wireless and telecommunications sector and will provide us with valuable insights into many of the markets that we are selling our location-based products and solutions. We look forward to announcing additional new appointments to Paradigm's Advisory Board in the next few weeks.'' Mike Kedar stated, ``I am very impressed by the technology of Paradigm, its maturity and acceptance in the marketplace and I am excited to join Paradigm at this time to help in achieving its growth potential and dominance in the fast growing telematics market.'' ABOUT PARADIGM ADVANCED TECHNOLOGIES, INC. Paradigm Advanced Technologies, Inc. (OTC BB: PRAV - news) provides a full range of wireless location tracking technology solutions to service providers and end users in the telematics, GPS, M-Business, L-solutions and CRM/ERP markets. Paradigm's servers, software and devices locate, track, navigate, communicate with and manage vehicles and other assets. Paradigm's ``Destinator(TM)'' is the only portable navigation product of its kind that provides a breakthrough experience in vehicular navigation and communication. Paradigm owns the exclusive licensing rights to a broad based wireless location patent (U.S. Patent no. B1 5,043,736) covering the apparatus and method of transmitting position information from satellite navigational signals (such as GPS) over cellular systems to a base unit and displaying the location of that equipped object. Paradigm's rights cover all fields of use for the patented system (except for certain criminal justice applications). For further information on Paradigm and PowerLOC, visit www.powerloc.com or call (905) 764-3701 Ext. 249. Paradigm is also listed on the Frankfurt Stock Exchange - symbol - PG8. This press release contains forward-looking statements that, if not verifiable historical fact, may be viewed as forward-looking statements that could predict future events or outcomes with respect to Paradigm Advanced Technologies, Inc., and its business. The predictions embodied in these statements will involve risks and uncertainties and accordingly, Paradigm's actual results may differ significantly from the results discussed or implied in such forward-looking statements. __________________________________________________________ biz.yahoo.com