To: stock4U who wrote (14522 ) 5/5/1998 11:39:00 AM From: Logistics Read Replies (1) | Respond to of 34592
PLFM news is OUT: News is out ! Platforms International Corp. Makes Wireless Communications History Business Wire - May 05, 1998 11:33 %PLATFORMS-INTERNATIONAL PLFM ADCT %CALIFORNIA %TELECOMMUNICATIONS %COMED %GOVERNMENT %COMPUTERS %ELECTRONICS %AEROSPACE %DEFENSE %TRAVEL %AIRLINES %PRODUCT %TRANSPORTATION V%BW P%BW SAN DIEGO--(BUSINESS WIRE)--May 5, 1998--Howard Foote, president, Platforms International Corp. (OTC BB:PLFM), announced that on Friday, May 1, 1998, Platforms established validation of concept for its proprietary Airborne Relay Communications (ARC) System. The demonstration was conducted at ADC Telecommunication (NASDAQ:ADCT) San Diego facilities. Foote, stated ADC has become the project manager, consultant and a strategic partner in the business development of Platforms' ARC System. ADC provided state of the art GSM based architecture, hardware, spectrum, and the use of its facilities for the flight demonstration. ADC will be developing a three-phase business plan and global strategy plan to market Platforms' ARC System over the next several weeks. Representatives from Telesp, Cramtel, and the Brazilian Congress observed the Airborne Communications Demonstration, along with all technical support contractors. The demonstration consisted of the ARC system laying down cells from the air to the ground to provide connection of cell-to-cell, cell-to-PSTN, PSTN-to-cell phone calls. In one of the calls the connection was purposely interrupted to show that the calls were indeed being transmitted and received through the aircraft. All tests were flawlessly completed and exceeded our expectations. The communications demonstration can be considered an overwhelming success and put PLFM on the cutting edge of technology. Foote stated that "with a validated system, now this is when the business begins." On May 27, Foote intends to reveal his plans for strategic business acquisitions, sale of licenses, exploring sale for military application, contract status, additional business interest, and investment banking relationships. The company has been exploring all of these options and is now in a position to start closing deals. With the validation of the system we now have a unique product to sell. Platforms' has clearly demonstrated itself to be the leader in providing airborne wireless communications. "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Any statements in this document that predict or appear to predict future outcomes represent the company's expectations based upon current reality. The company cautions investors that the outcome could differ significantly from such anticipatory statements, depending on the effect of normal risks and uncertainties and a range of variable market factors. CONTACT: Platforms International Corp. by Genesis 550 Corp. Todd Violette, 800/238-7199 www.platforms-intl.com