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

To: Dave Gore who wrote (327)	1/13/1999 12:44:00 PM
From: Harry_Behemoth	Read Replies (1) \| Respond to of 663

January 13, 1999 12:41 FutureTrak International Signs System Operator Agreement With Pace Electronics POMPANO BEACH, Fla., Jan. 13 /PRNewswire/ -- FutureTrak International, Inc. (OTC Bulletin Board: FTRK), in keeping with their plan to expand into other arenas, announced today that they have signed a System Operator Agreement with DIRECTV Master System Operator, Pace Electronics. FutureTrak will begin distributing the DIRECTV service into the multiple dwelling unit (MDU) marketplace during first quarter 1999. According to top industry analysts The Carmel Group, the MDU market represents approximately 33.6 million households in the U.S. and is projected to be a $5 billion industry by the year 2007. FutureTrak will offer DIRECTV programming packages and other user-friendly entertainment, communication and information technologies to both the residential and hospitality MDU markets. The MDU residential market consists of apartment buildings, townhomes, gated communities and condominiums with the hospitality MDU market including hotels, motels, hospitals and nursing homes. MDU landlords and hospitality property owners are continually seeking new and exciting amenities that differentiate their properties from the sea of competitors to enhance current customer loyalty and improve new customer acquisition for their properties. FutureTrak plans to offer high speed Internet connectivity with specifically designed e-Commerce solutions for MDU residents and guests. Pace Electronics brings over 30 years of experience to the industry and was recently selected as one of 4 Master System Operators for DIRECTV. DIRECTV and Pace have built MDU awareness over the past year, which FutureTrak plans to utilize in building a solid turnkey solution to this very large potential subscriber base. "We are very pleased to have entered into this agreement with such industry leaders as Pace Electronics," said Bob Kelner, Chief Operating Officer of FutureTrak. "The DIRECTV MDU market is still in the early stages and offers outstanding opportunities for FutureTrak to focus on its growth and expansion efforts," he added. FutureTrak presented their MDU marketing plan along with value added technologies at the recently concluded Consumer Electronics Show in Las Vegas, January 7 through 10, 1999 at booth number 6025. For further information contact FutureTrak International, Inc., www.futuretrak.com , 3635 Park Central Blvd. North, Pompano Beach, FL 33064, Toll Free: 888-752-3474. 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. SOURCE FutureTrak International, Inc.