To: jbal who wrote (142 ) 6/11/1998 4:42:00 PM From: jbal Read Replies (2) | Respond to of 365
News Release Thursday June 11, 2:47 pm Eastern Time Company Press Release SOURCE: IAS Communications, Inc. CTH Antenna License Agreement Completed VANCOUVER, British Columbia, June 11 /PRNewswire/ -- IAS Communications, Inc. (OTC Bulletin Board: IASCA - news) has successfully completed a license agreement for the CTH Antenna with ARINC, Incorporated, an ORBCOMM value added reseller. ARINC, founded in 1929 and headquartered in Annapolis, Maryland, provides communications and systems integration engineering to business and industry. ARINC's Dominium product line uses the ORBCOMM low earth orbit (LEO) satellite communication system, which provides global communications coverage especially useful in remote areas that are not serviced by conventional or cellular telephone or other terrestrial communications networks. The Dominium tracker unit is battery powered and equipped with the Global Positioning System (GPS). It can be programmed to automatically report its position and other information like temperature, engine speed or load capacity, at any desired time interval, or upon reaching a user-determined alarm value. Dominium also markets a data messaging line of products, which integrates input/output devices for sending and receiving text messages. A subscriber installs the tracker unit on the asset to be tracked or monitored for a variety of applications including truck tractors, detached truck trailers, rail cars, ships and containers. Dominium currently provides service to national and regional trucking companies and to national railroads. Container shipping companies are currently evaluating the product for delivery in 1999. IAS Communications, Inc. is considering other application opportunities for the CTHA as there are eight low earth orbit and medium earth orbit satellite systems being deployed by other satellite service providers in the near term. The CTHA is a patented, compact, low profile, donut shaped antenna, flush mounted on an application at a fraction of the height of the monopole antennas used today. Pursuant to the sublicense agreement with Integral Concepts, Inc, and West Virginia University, IAS Communications, Inc. holds the worldwide rights to all commercial applications of the CTHA technology. SOURCE: IAS Communications, Inc.