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Microcap & Penny Stocks : PLFM - Undervalued with great potential -- Ignore unavailable to you. Want to Upgrade?

To: PhilT who wrote (3387)	6/18/1998 9:55:00 AM
From: Archie Goodwin	Read Replies (1) \| Respond to of 9096

NEWS.............. (BSNS WIRE) PLFM to Beat Competition to Market with "The Dolphin" -- Ult PLFM to Beat Competition to Market with "The Dolphin" -- Ultra-light, Cost-efficient Unmanned Combat Air Vehicle -UCAV- Business Editors COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--June 18, 1998--Howard A. Foote, President & CEO of Platforms International Corporation ("OTC BB: PLFM") announced the official introduction of "The Dolphin" Unmanned Combat Air Vehicle (UCAV). "The Dolphin, which can be viewed on our web site under PLFM's Defense Division, represents our official entry into the thriving market of unmanned combat drones -- the cost-efficient, strategic weapon of choice for the 21st century," stated Foote. The Dolphin UCAV is a pilotless technology extension and military application of the Stemma-15, PLFM's Unmanned Air Vehicle Airborne Relay Communications System (ARC), a commercial turnkey product currently being marketed by the company as the most advanced and cost-effective wireless communication system on the market today. Like the ARC System, the Dolphin is a turnkey product, including a stationary or transportable command-and-control base of operations. "The key advantage of drones," stated Foote, "is their no-risk-to-pilot factor. In the absence of human limitations, jet fighters can perform amazing maneuvers. The Dolphin's 20-G turn capabilities enable it to outperform any manned military air vehicle in service today. It is equipped with state-of-the art, 21st century high-energy weaponry and costs a fraction of current manned vehicles." David Fawcett, Vice President of Program Development, stated: "The Dolphin is currently in prototype development, with tooling scheduled to begin in four to six weeks. We anticipate prototype testing will begin early next year." Foote concluded, "The Dolphin is far less costly and lighter weight than the UCAV products currently under development by the competition. And," he added, "The Dolphin will be flying within one year. That beats our closest competitor to the market by two to three years, according to their published schedules." Safe Harbor Act Disclaimer: The forward-looking statements in this release involve risks and uncertainties, including, but not limited to the successful completion of the project discussed. Successful completion of the project is subject to a number of uncertainties and unforeseen events, and there can be no assurance that the goals of the company stated herein may be realized in the time frame discussed. Forward-looking statements represent the company's beliefs and expectations concerning future events, including future sales of its products and services. These forward-looking statements are qualified by important risk factors that could materially impact the company's business and its ability to complete the project. --30--mi/sf* as/sf CONTACT: InterMedia Marketing Corp. Michael Iorlano, 818/981-9031 KEYWORD: COLORADO CALIFORNIA INDUSTRY KEYWORD: AEROSPACE/DEFENSE GOVERNMENT Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story * Brian $^)