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Technology Stocks : IPKL - iPackets International, Inc. (Bulls Board) -- Ignore unavailable to you. Want to Upgrade?


To: xcentral1 who wrote (94)1/17/2007 10:34:57 AM
From: xcentral1  Read Replies (1) | Respond to of 138
 
iPackets Appoints Two Directors to the Board of Its Chinese Joint Venture GuoAn Mine Safety Communication System

VANCOUVER, BC, Jan 17, 2007 (MARKET WIRE via COMTEX) -- iPackets International, Inc. ("iPackets") (PINKSHEETS: IPKL), a developer and provider of wireless communications software and equipment for the mining industry, announced today the appointment of two directors to GuoAn Mine Safety Communication System's board of directors.
The two directors representing iPackets on GuoAn's board of directors are Mr. Naiel Kanno and Mr. Kouros Goodarzi, iPackets' President and Vice President of Engineering, respectively. Mr. Kanno will also serve as GuoAn's Vice-Chairman.

Under the terms of the recently announced joint venture agreement, GuoAn's board of directors will be comprised of seven members: iPackets has two seats, YongAn has four seats including the Chairmanship, and CCII has one seat.

Mr. Kanno commented: "We look forward to working with our partners and board members. Our first goal will be to establish the management of GuoAn and ensure the initial tasks defined are followed through." Mr. Goodarzi added, "This is a great opportunity for us to steer the efforts of GuoAn towards minimizing the time to market and eventually maximize the profits of the stakeholders."

About the Mining and Mine Safety Industries in China

There are more than 280,000 mining enterprises in China, 80,000 of which are state owned. Of the state owned mines, more than 700 are classified as large mines, which will soon face Chinese government mine safety regulations. Mine safety has been a major issue with more than 6,000 miners killed in China last year although independent estimates the real figure could be as high as 20,000 miners killed. According to Chinese government statistics, more than 12.2 million people were employed as miners in 2005, and approximately 7.0 million of these were coal miners.

About GuoAn Mine Safety Communication System, Inc.

GuoAn, with a registered capital of $12 million, is a Chinese Joint Venture between iPackets International, Henan YongAn Investment Guarantee Co., and China Coal Information Institute. GuoAn is responsible for the manufacturing, distribution, sales, marketing, installation, deployment, and support of iPackets' iPMine solution to the mining industry in China. The operation is based in the Province of Henan, China's second largest coal producing province.

About iPackets International, Inc. and iPMine

iPackets International is a developer and provider of wireless communications software and equipment for the global mine safety industry. iPMine, the company's flagship product designed to significantly improve the safety of miners and equipment, is a real-time two-way wireless communications solution that tracks, monitors, and communicates with miners and equipment underground and above ground. For more information, visit www.ipackets.com.



To: xcentral1 who wrote (94)2/12/2007 12:48:58 PM
From: xcentral1  Read Replies (1) | Respond to of 138
 
iPackets Orders NOBO List to Determine Actual Shares Outstanding and to Investigate Recent Trading Activity

VANCOUVER, BC, Feb 08, 2007 (MARKET WIRE via COMTEX) -- iPackets International, Inc. ("iPackets") (PINKSHEETS: IPKL), a developer and provider of wireless communications software and equipment for the mining industry, announced today that it has ordered and is reviewing a NOBO list from ADP Investor Communications, as at January 31, 2007. The NOBO, which stands for Non Objecting Beneficial Ownership, list shows a more complete corporate ownership profile than provided by iPackets' transfer agent. In addition, iPackets ordered the shareholder account list, from ADP, which shows a total of 4,497 shareholders.
iPackets will compare the information provided by the NOBO list to other trading lists to determine if there are any peculiarities in light of the recent stock trading. At this point we are gathering information.

Mr. Naiel Kanno, president and CEO of iPackets, commented: "In going through this exercise, our primary interest is to protect our shareholders' investment and increase value. As we move forward with the recently announced Chinese Joint Venture and focusing on our revenue generation strategy, it will be very important that we maintain an accurate list of our shareholders and an effective communications channel with them on a continuing basis."

About iPackets International, Inc. and iPMine

iPackets International is a developer and provider of wireless communications software and equipment for the global mine-safety industry. iPMine, the company's flagship product designed to significantly improve the safety of miners and equipment, is a real-time two-way wireless communications solution that tracks, monitors, and communicates with miners and equipment underground and above ground. For more information, visit www.ipackets.com.