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Microcap & Penny Stocks : Eltrax (eltx)A stock turning profitable -- Ignore unavailable to you. Want to Upgrade?

To: daaan who wrote (16)	1/8/1999 1:14:00 AM
From: daaan	Respond to of 27

Can't hurt Eltrax Announces Major Network Service Contract SOUTHFIELD, Mich.--(BUSINESS WIRE)--Jan. 7, 199--Eltrax Systems, Inc. (NASDAQ SmallCap: ELTX) announced the award of a major add-on contract for NetWATCH OnLINE network management services. The Company valued this new contract award at more than $1million. The award of this contract, from a leading environmental service company, was based upon Eltrax's proven performance in assisting this client manage and monitor their existing network of over 100 locations nationwide. The Eltrax client has completed a major acquisition and will be adding over 200 sites to their present network during the first quarter of 1999. William P. O'Reilly, Chairman and CEO of Eltrax, stated that "This contract award is a perfect example of how Eltrax offers complete life cycle services and is typical of our target market of companies that require information technology services to support critical business application." Eltrax is an international provider of information technology services supporting internet and private network E-commerce applications. The Company's shares are traded on the NASDAQ SmallCap market under the symbol ELTX. The Company's website is www.eltrax.com. CONTACT: Eltrax Systems, Inc., Southfield, MI. William P. O'Reilly (248) 358-1699 KEYWORD: MICHIGAN