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mobilecom.com COMPANY PROFILE: MBL tse Develops logistics software and mobile information systems for the transportation industries, including the petroleum delivery, waste management, periodical and field service sectors. RECENT DEVELOPMENTS: The company specializes in delivering complete solutions that link mobile computers to traditional corporate management information systems using wireless real time data over radio communications including satellite, spread spectrum, Mobitex, CDPD, analog cellular, and SMR wireless networks. bigcharts.com newswire.ca Next Generation Technology and Products In 1999 MCC began a full-scale development program on Windows NT/CE mobile solutions. With the first phase scheduled for completion at the end of the second quarter of 2000, the new solution merges the wireless and Internet communication technologies with MCC's newly released Windows CE platform. ``This is clearly the most exciting area for us right now,' stated David Cunningham. ``As a Microsoft Accredited Business Solutions Provider, we plan to have Windows CE running on our wireless mobile computers, providing access to the majority of the wireless data networks.' The Company plans to offer a modular, scalable wireless CE solution to its customers, building on its ten years of experience in providing mobile wireless data solutions. Preliminary feedback from the Company's customers and partners has been very encouraging. Senior Management Appointments In accordance with the new business plan, MCC is pleased to announce the following three senior appointments effective immediately. Bryan W. Hills, who was appointed Chief Financial Officer on February 15, 1999, has been promoted to Chief Operating Officer. Mr. Hills is overseeing the Company's migration of its products to a Windows NT environment. As part of this initiative, his proven operational skills and finance experience will be leveraged in pursuit of new partnerships and potential M&A targets. ``This appointment underscores our confidence in Bryan and is strongly supported by MCC's employees and Board of Directors,' said Mr. Cunningham. Filling Mr. Hills' previous position, MCC is pleased to announce that Mr. Gary Brown has joined the Company as its new CFO. Mr. Brown is a CA with over 30 years of financial experience with a wide background in software and high technology industries. A seasoned financial executive, he has expertise in managing rapid growth within an international environment. As a member of the Executive Committee at MCC, Mr. Brown will act as CFO for both the Mobile Computing division and the MJ Systems division and be primarily responsible for managing the financial affairs of the overall Company including raising capital, maintaining public reporting requirements and managing banking relationships. We also are pleased to announce that Mr. Victor Foster has been promoted to President of the MJ Systems division. Mr. Foster has been with MJ for several years and has demonstrated rapid success in proactive business development for the Division. The re-focusing of MJ and new strategies for major accounts, has provided a significant increase in sales leads and revenue projections for 2000. Based on customer feedback, new product development is underway that will add a mobile delivery-management component to MJ's periodical distribution solutions. In addition, joint development between the two divisions is targeting a complete end-to-end solution that will utilize the proven technologies from both MCC and MJ for picking, packing and distributing products with a planned focus on e-commerce opportunities. ``With a solid infrastructure in place, coupled with a new marketing program and sales team, both divisions can now move aggressively forward into their markets to win these new opportunities. All of the hard work by the employees of both MCC and MJ divisions has been key to us in 1999, so that we could have the strong platform we see here for expansion in 2000 and beyond,' concluded Cunningham. Mobile Computing Corporation trades on the Toronto Stock Exchange under the symbol ``MBL' and has approximately 28.4 million shares outstanding. | ||||||||||||
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