To: sainte-beuve who wrote (13558 ) 3/22/1999 2:13:00 PM From: Tomstocks Read Replies (2) | Respond to of 25711
FutureTrak International, Inc. Launches Sales of Space Scanner Product Into South and Central America This stock has been moving on low volume lately and bounced off its 52 week low, when volume gets in on this stock I feel its going to let loose! March 22, 1999 11:06 AM POMPANO BEACH, Fla., March 22 /PRNewswire/ -- FutureTrak International, Inc. FTRK announced today that they have commenced sales of their American made Space Scanner product line into South and Central America. The Space Scanner is programmable for tracking multiple satellites in the Caribbean, North, South, and Central America for the mobile markets, including boats and recreational vehicles (RVs). FutureTrak also announced that a satellite reception system was installed for the UNITED NATION MISSION TO VENEZUELA by the STI Group, Inc., a subsidiary of FutureTrak International. The installation in Manhattan, New York is successfully receiving programming from the Galaxy Latin America (GLA) DIRECTV service for monitoring purposes. "This marks the beginning of a well organized, high volume product launch into Latin America's large community of boat and RV owners," said Steve Remondini, President and Chairman of FutureTrak International, Inc. "Due to its tracking speed, weight and competitive price, the Space Scanner is in a niche market in South America and we are anticipating great success," he added. Distribution of the Space Scanner product into South America has commenced with orders being shipped into Argentina, Brazil, Venezuela, and Trinidad. The coverage area for receiving service includes the coast of the Latin American Continent 60 miles from the coast of California to Puerto Mount in Chile, up the coast of Argentina to the Brazilian border, and the Caribbean through the Gulf of Mexico. FutureTrak International is a provider of integrated information products and services serving both the mobile and MDU markets. FutureTrak International has the ability to provide DIRECTV, Internet Access, Internet Contents, and Telephony Solutions to its client base. For further information contact FutureTrak International, Inc., www.futuretrak.com, 3635 Park Central Blvd. North, Pompano Beach, FL 33064, Toll Free: 888-752-3474. OTC Bulletin Board 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. SOURCE FutureTrak International, Inc.