PLRP, news is out! We will be seeing two more PRs; one on a acquisition and one on funding. The acquisition should be coming out very soon. It will add an additional 4.5 million in revenue to PLRP's bottom line immediately. I am told we will be expected earnings per share and aniticipated revenue in the next PR.
Anyone want any names and numbers to verify the product and the company's that are currently using their product (NASA) can email me:
gski@swbell.net
Tuesday September 22, 5:17 pm Eastern Time
Company Press Release
SOURCE: PACEL Corp.
PACEL Corp. (PLRP) Signs
International Distribution Agreement
with de Beer
CHICAGO, Sept. 22 /PRNewswire/ -- PACEL Corp. (OTC Bulletin Board: PLRP - news), a software
development company located in Manassas, Va., has signed a strategic marketing and product distribution
agreement with de Beer and Associates, in London, England. de Beer & Associates will introduce PACEL
Corp. software products, particularly the Visual Writer System(TM) to medical, energy and environmental
companies throughout the European Union and South Africa. Visual Writer System(TM), version 3.0, is an
interactive electronic document and data acquisition software program for Microsoft Windows. It utilizes
Self-Aware and Power Smart Programs to allow non-programmers to design, develop and implement all
phases of the automated document process including the creation, review, approval, revision, version
control, storage, field implementation, data collection, and data storage and analysis. Its automation
capabilities provide pop-up messaging, jumping between procedure steps, data field incorporation, process
monitoring, browse sequencing, electronic signature collection and automated procedure approval.
de Beer & Associates provides high-level information technology services and products to commercial and
government customers in the areas of information technology, systems integration, telecommunications,
health care systems and services, transportation, energy, and environmental systems and engineering. de
Beer & Associates does business throughout Europe, South Africa and worldwide. Capitalizing on this
agreement and abilities of the Visual Writer System(TM), de Beer & Associates has already made the short
list on a Tender Offer for Visual Writer System(TM) as part of an overall system for (54) hospitals in South
Africa.
''The Visual Writer System(TM) requires no programming, allowing users to move from paper records to
electronic media quickly and easily,'' said Dave Calkins, President of PACEL Corp. ''Many industries,
including nuclear power plants, hospitals and other small businesses have not taken this step because they do
not have the MIS staff to do all the programming and until now no other tools were available. Now with the
Visual Writer System(TM), all these industries will be able to eliminate the current two step documentation
process. For example, they will not have to perform their specific processes using paper documents and later
load the information from them manually into a computer database or store them in paper files or
microfiche.''
The Visual Writer System(TM) has demonstrated its validity and has received the required reviews and
approvals to meet the highest levels of Nuclear Quality Assurance (NQA-1 certifiable) needed to perform
safety-related procedures at Nuclear Power Plants. The software has also been used on Columbia Space
Shuttle Program, and by NASA at the John C. Stennis Space Center. This system provides clients with an
affordable solution to electronically perform procedures on multiple computer platforms in the field. And the
existing 32-bit NT solution includes hands-free voice control of documents, providing even greater
flexibility for actually performing work. PACEL Corp. specializes in innovative software products to clients
in the commercial, industrial and government marketplace. Its focus is on developing software solutions that
provide the user a simple practical method to success and intelligently apply data, information and
knowledge into their work routines.
The Visual Writer System(TM) has received countless inquiries. Projections are that de Beer will be taking
orders for 10,000 units each of the first two quarters and an additional 15,000 thereafter during the first
year. PACEL's estimated revenues on a 65% margin from these sales shows a conservative estimate of
$1,000,000 the first year with a moderate growth of 20% the following year.
In addition, more distributors are showing a large interest in the Visual Writer System(TM). PACEL is
currently in negotiations with these distributors and expecting similar results. Other projects in the works
also show promise in working with some of the major computer vendors and possibly bundling the software
packages with sales.
This release may contain forward-looking statements that involve risks and uncertainties including, without
limitation, continued acceptance of the company's products and services, increased levels of competition,
new products and technological changes, the company's dependence upon financing, third-party suppliers
and intellectual property rights, and other risks detailed from time to time in the company's annual report,
offering memorandum, or prospectus.
SOURCE: PACEL Corp.
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