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Gold/Mining/Energy : IVS could be the next "microsoft" in the automotive ind. -- Ignore unavailable to you. Want to Upgrade?

To: Kwan Yin who wrote (139)	6/18/1998 9:16:00 PM
From: Doug Heuring	Read Replies (1) \| Respond to of 183

IVS Intelligent Vehicle Systems Inc. > > > >> > > > SH News > > News Release - Thursday, June 18, 1998 > > 6/18/98 14:08 > > > > > >Production Purchase Order Received > > > >IVS INTELLIGENT VEHICLE SYSTEMS INC ("IVM-V;IVSVF-L")MACK TRUCKS INC > >("MACK-L")- IVS > >Receives Production Purchase Order From Mack > > > >James N. McCarney, Director of IVS INTELLIGENT VEHICLE SYSTEMS > >INCannounces that the > >Company has received the production purchase orderincluding the payment > >and delivery schedule > >from Mack Trucks Inc. for themanufacturing and supply of the Company's > >wireless SmartLink Mobile > >FailureDetection and Vehicle Location System. > > > >"We are extremely pleased to have reached this milestone event > alongwith > >Mack, a landmark name in > >the truck manufacturing industry, said JamesN. McCarney, director. > >Together, we look forward to > >offering independentand truck fleet operators a competitive advantage > in > >life-cycle materialand > >maintenance management of vehicular fleets. This breakthrough > >tocommercial sales further confirms > >our long term views and objectives andvalidates our product's > acceptance > >and effectiveness." > > > >Mack Trucks Inc saw it's 1997 market share increase by nearly 9%making > >it the only U.S. Class 8 > >truck manufacturer to record five straightyears of market-share growth. > >Mack closed 1997 with sales of > >22,375 unitsrepresenting 12.5% of the U.S. heavy-duty truck market and > >retained itsposition as the > >number 3 supplier of Class 8 trucks. Internationally,Mack's sales > >increased by 54.4%. > > > >The Company has selected SPX-OTC to manufacture the SmartLink > >systems.SPX is a global leader > >in the manufacturing and supply of specialty toolsand test equipment > for > >both the car and heavy-duty > >truck manufacturing andrepair industries.TEL: (604) 641-2787 > > > >James N. McCarney, DirectorTEL: (604) 322-8985 > > > >______________________________________ > > > >(c) Corporate Dissemination Services Inc. All rights reserved. > > > >Tel:(604) 689-1101 > > > >Fax:(604) 689-1106 > > > >RapidFAX (tm) - To get the NEWS as it happens, call (604) 689-3041. > > > > > >

To: Kwan Yin who wrote (139)	6/27/1998 11:43:00 AM
From: Doug Heuring	Respond to of 183

IVS Purchase Order For 2500 Smartlink Systems Received From Mack Trucks Inc. In Production Phase IVS INTELLIGENT VEHICLE SYSTEMS INC ("IVM-V;IVSVF-L") MACK TRUCKS INC ("MACK-L") - IVS Purchase Order For 2500 Smartlink Systems Received From - Mack Trucks Inc. In Production Phase James Mead, Director of IVS Intelligent Vehicle Systems Inc., reports that the announced purchase order for 2500 Smartlink Systems received from Mack Trucks, Inc. has entered into the production phase. An initial prepaid order has been received from Mack Trucks, Inc. to be used to establish production, manufacturing and delivery time schedules for the larger production runs. It is anticipated that the Mack Trucks, Inc. implementation plan will be completed during the next quarter. Of note, the State of California has announced that they will begin the roadside emission testing of heavy-duty trucks. Enforcement by the State of California will result in substantial fines for vehicles that do not comply with emission standards. The Company has entered into negotiations with two key leaders in the emission testing and service support industries. IVS is preparing to enter the California, New Jersey, New York and Pennsylvania State Emission Testing Programs with a market ready product that will satisfy static and mobile test requirements for the EPA and State Emission Testing Program. Further news will be released on the progress of those negotiations. TEL: (604) 322-8985 James Mead, Director, IVS Intelligent Vehicle Systems Inc. ______________________________________ (c) Corporate Dissemination Services Inc. All rights reserved. Tel:(604) 689-1101 Fax:(604) 689-1106 RapidFAX (tm) - To get the NEWS as it happens, call (604) 689-3041.