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Gold/Mining/Energy : Safe Environment (SFU.AL) - was Roper Resources -- Ignore unavailable to you. Want to Upgrade?

To: Buckey who wrote (68)	5/8/1998 3:35:00 PM
From: Postman	Respond to of 635

"""NEWS RELEASE """" Thanks John I also sold some at .40 cents having learned the very hardest way that it is good to take a profit even if you miss some upside. ________________________________________________________ ROPER RESOURCES INC. ANNOUNCES SAFE ENVIRONMENT ENGINEERING ANNOUNCES NEW PRODUCT Trading Symbol: RRN (ASE) VALENCIA, CA, May 7 /CNW/ - Roper Resources (RRN-ASE) has been advised by Safe Environment Engineering, (SEE) that production schedules are in place, and the first units of a new Portable Safety Monitor (PSM) will be assembled on May 11, 1998. The first of the units produced will be delivered to The Boeing Company of Seattle Washington who has already placed a large order. The new Portable Safety Monitor incorporates a 78% reduction in size over the currently produced model. The new unit offers improved voice quality and greater reception range. The unit is intrinsically safe and integrates a telemetry radio with a microcomputer which is contained within a small industrial case. The unit is carried by an individual worker into a remote or confined space. The unit includes a replaceable and rechargeable nickel metal hydride battery and an internal antenna. The unit is also provided with a flexible I/O port to allow for integration with almost any external-sensing device, which in turn can permit, continuous and ''real time'' wireless data logging. The I/O port will further allow for optional headset integration, remote alarming, and a hands free push-to-talk switch. A feature of the unit is that it incorporates internal self-diagnostics and ''fail-safe'' technology that always notifies the user in the event of a failure, while concurrently defaulting to voice operation. The specific packaging design of the new PSM unit helps prevent the significant repair costs normally associated with portable radios in industrial environments. Roper Resources (ASE:RRN) currently holds exclusive rights to negotiate a relationship with Safe Environment Engineering. The parties have agreed to determine and define such relationship and further agreements by May 29, 1998. If circumstances warrant, this date may be extended by mutual agreement. It is Roper's intent that the outcome of these negotiations will result in agreement where Roper will acquire a significant interest in Safe Environment Engineering. Safe Environment Engineering, a California Limited Partnership, is headquartered in Valencia, California. The Company develops and supplies communications systems which integrate wireless telemetry and voice communication to transmit information. The Company uses this technology in its patented Life-line(TM) systems, which, in one version, enables monitoring of entrants into confined spaces or hazardous locations; and, in other configuration, monitors security personnel on patrol rounds. Further information about the products of Safe Environment Engineering can be obtained through their Web Site www.safeeny.com. On behalf of the Board of Directors of Roper Resources Inc. ''Tom Styffe'' W.T. Styffe, Director The Alberta Stock Exchange assumes no responsibility for the accuracy of this Release and neither approves nor disapproves thereof. -30- For further information: Further information about this news release can be obtained from Roper Resources at 1-800-661 0091 or email oak@bc.sympatico.ca. Company contact Richard J. Watson, President ROPER RESOURCES INC. has 8 releases in this database.