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Microcap & Penny Stocks : FutureTrak International, symbol FTRK -- Ignore unavailable to you. Want to Upgrade?


To: enginer who wrote (162)7/27/1998 10:15:00 AM
From: Dr. Harvey  Read Replies (1) | Respond to of 663
 
More coverage on FTRK in the industry press!, dbsdish.com



To: enginer who wrote (162)8/25/1998 2:04:00 PM
From: Dr. Harvey  Respond to of 663
 
Strong management team joins FTRK; from PR Newswire today!,
prnewswire.com

FutureTrak International Expands Senior Management Team
Pompano Beach, FL August 1998: FutureTrak International, Inc. (NASD BB symbol: FTRK), the leader in digital satellite technology products, has announced the appointment of Robert S. Kelner to the post of Chief Operating Officer and Ahmad Moradi, Ph.D. C.D.P. to that of Chief Executive Officer.
Kelner brings over ten years of experience in executive financial management, mergers & acquisitions, and investment development. Mr. Kelner previously served as Vice President Strategic Alliances for Summus Technologies, Inc. where he was responsible for developing accelerated growth strategies through alliances with industry leaders, capital formation, financial models and projections, communication protocols, sales projection processes, and sales metrics/trend analysis. Mr. Kelner received his Bachelor of Science degree in Business Administration and Accounting from the University of Florida in 1976. As Chief Operating Officer of FutureTrak, Mr. Kelner will play a lead role in repositioning the company for expansion in products, assessing key strategic alliances, and enhancing the financial control infrastructure to support the company's future growth.
Dr. Moradi holds a Doctorate in Management. He has held the position of Chairman, Board Member, and CIO & MIS Director for several publicly traded companies. Dr. Moradi is currently President of a MIS/IS and IT consulting firm specializing in high technology management information engineering system. His business experience has earned him over fourteen (14) introductions into "Who's Who" Directories worldwide. In addition to Dr. Moradi's assigned tasks, he is a part of a management team that turns around public companies and helps them grow outwardly to profitable positions. As Chief Executive Officer of FutureTrak, Dr. Moradi will be responsible for developing the business structure, strategic planning, reviewing SEC aspects of the business, with the vision of achievements and growth.
Steve Remondini, President and Chairman of FutureTrak International, stated that Kelner and Moradi are arriving at a pivotal time in the company's history. "FutureTrak's market acceptance and recent explosion in business has put the company in a strong position in the industry", Remondini said.
"Mr. Kelner and Dr. Moradi's appointment to our senior staff adds their entrepreneurial experience and vision in financial control, strategic planning, business opportunities, and expertise in communication to move forward in establishing name recognition," he added.

FutureTrak specializes in the research and development of new technologies for receiving digital satellite television, telephone communications and Internet access. FutureTrak currently specializes in the manufacture of satellite tracking and receiving systems. For product or investment information contact FutureTrak International, Inc., www.futuretrak.com, 3635 Park Central Blvd. North, Pompano Beach, FL 33064, Toll Free: 888-752-3474. NASD BB symbol: FTRK.

Certain statements in this release and the company's financial projections that are not historical fact constitute "forward-looking information." Such forward-looking information involves known and unknown risks, uncertainties and other factors, which may cause the actual results of the Company to be materially different from results expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but are not limited to: customer demand not meeting expectations; lack of consistent supply of materials; lack of adequate distribution markets; and inability to meet customer demand.