to all:
** On the Y2K front: Finally, A Conference to Focus on the Global
Impact of Y2K
** Press Releases: EchCath (ECHTA 1 3/8 NSDQ); AlphaMicrosystems
(ALMI 2 1/4 NSDQ)
** On the Y2K Front: Finally, A Conference to Focus on the Global
Impact of Y2K
Former Senator Sam Nunn will chair The Center for Strategic and
International Studies conference "Y2K: An International Perspective"
on Tuesday.
Speakers will include Senator Robert Bennett (R-Utah), Maria Livanos
Cattaui, secretary general of the International Chamber of Commerce,
and the director of the UK's Year 2000 program.
This is the first conference in a series to examine Y2K's potential
impact on world economic and political stability. Specifically, the
task force will focus on trading systems, financial systems, security,
infrastructure, and litigation.
Though we don't really discuss the Y2K issue on WBN, we just thought
we'd let you know about the conference and point you in the direction
of the Westergaard Y2K site at y2ktimebomb.com where we've
been talking about the issue for over two years. Take that as a hint.
** On the Y2K front: Finally, A Conference to Focus on the Global
Impact of Y2K
** Press Releases: EchCath (ECHTA 1 3/8 NSDQ); AlphaMicrosystems
(ALMI 2 1/4 NSDQ)
=========================================================
** SECURITY2001 Co-Host, U.S. Technologies (USXX 0.55 EBB), to
acquire a U.S. Office Products Division; USXX 1999 Revenue Now Pegged
at $54 million, Up from $4 Million in 1997. Mark Hayes Reports.
U.S. Technologies' peripatetic CEO, Ken Smith, called in yesterday
from his Texas hotel room to give us his rationale for USXX's plan to
acquire modular office furniture manufacturer, Affordable Interior
Systems, Inc. The acquisition will virtually double the size of U.S.
Technologies next year, and in Smith's view, presents a perfect fit
with US Tech's long-term growth strategy. Read the full analysis at
security2001.com
U.S. Technologies will be back to present at the 21st Annual
Westergaard November Conference on November 5th. If you missed them in
September, be sure to see them next month. This company could be at
$100 million in sales in a few years, if Smith achieves his vision.
Market cap is now about $19 million.
Hey Investment Bankers: Won't a company going from $4 to $100 million
in sales need some financing? USXX will be at the Waldorf Astoria all
day Nov. 5th.
** More Security News: UK based Software and Systems Intl. Launches
New Spy System to Facially Map Suspects
An interesting story on the security front. U.K. newspaper The
Independent reported this morning that a new surveillance system,
which identifies the faces of wanted criminals and suspects in
seconds, is due to be tested on the streets of Britain for the first
time.
The system, known as "Mandrake", has been developed by UK company,
Software and Systems Intl., based in Slough outside London. Mandrake
will be used to catch muggers, burglars and shoplifters, but is also
expected to target other cases including wanted killers, terrorists
and missing children. Scotland Yard will begin testing the system next
week in a six-month trial in east London.
Facial recognition systems are already used in Texas to stop sham
marriages and on the Mexican border to prevent illegal immigration.
Interesting uses, eh?
And, back in August, WBN reported on another company in the facial
recognition field, Wellesley MA based Miros, and their TrueFace ID
solution. Miros heralds TrueFace as the "most reliable personal ID
solution on the planet." But if so, why isn't Scotland Yard testing
that? The old bias toward all things Empire?
Whatever. Bottom Line here seems to be that competition in the facial
recognition field is becoming more interesting. And with Scotland Yard
on the case, it may prove even better than we thought.
Read the past WBN article on Miros at
wbn.com:8080/PE/1998/week98082428/mon.html and for the
Independent article, go to independent.co.uk Click on "UK
News" and scroll down to the article.
** On the Y2K Front: Finally, A Conference to Focus on the Global
Impact of Y2K
Former Senator Sam Nunn will chair The Center for Strategic and
International Studies conference "Y2K: An International Perspective"
on Tuesday.
Speakers will include Senator Robert Bennett (R-Utah), Maria Livanos
Cattaui, secretary general of the International Chamber of Commerce,
and the director of the UK's Year 2000 program.
This is the first conference in a series to examine Y2K's potential
impact on world economic and political stability. Specifically, the
task force will focus on trading systems, financial systems, security,
infrastructure, and litigation.
Though we don't really discuss the Y2K issue on WBN, we just thought
we'd let you know about the conference and point you in the direction
of the Westergaard Y2K site at y2ktimebomb.com where we've
been talking about the issue for over two years. Take that as a hint. |
