RACO Industries First to Ship Destinator

    CINCINNATI--July 16, 2001--Today, RACO Industries, Inc. begins shipping the Destinator(TM), a GPS-based portable personal navigation system, to customers that pre-ordered via their web site www.trackmyvehicle.com. The Destinator(TM) currently interfaces with the Compaq iPAQ(TM) Pocket PC, and is a compelling mobile alternative to the more costly, less flexible, permanent in-vehicle navigation systems. The Destinator(TM), a product of Paradigm Advanced Technologies, Inc.'s (OTCBB:PRAV) PowerLOC Division, unites cutting edge technology with ease of use.
    Users input any address or select one from the address book. Multi-lingual voice prompts provide door-to-door directions to the destination while displaying dynamic and interactive maps supplied by Navigation Technologies Corporation (NAVTECH), the premier map data provider to an elite group of global auto manufacturers. If a turn is missed, an alternate route is automatically recalculated.
    "We believe that the Destinator(TM) is the best GPS-based, portable navigation tool available today, and we're very excited about being the first to market with this product," stated Rob Adams, CEO of RACO Industries, Inc. "We've been searching for a navigation and communications device that is more robust and more economical than permanent in-vehicle systems. The Destinator(TM) meets that need."
    "This is a user-friendly, inexpensive navigation solution that allows individuals access to very useful information," Adams commented. "The response to our web site has been tremendous."
    "We are pleased to have RACO Industries as one of the first distributors to ship the Destinator(TM) product," said Eduardo Guendelman, President & CEO of Paradigm Advanced Technologies. "RACO has generated great pre-release demand for the product through innovative web-based marketing."
    The bundled package consists of the Destinator(TM) software and the Compaq iPAQ(TM) Pocket PC, is sold for $1,095. Compaq iPAQ owners can purchase the navigation accessory only for $329.00. The Destinator(TM) includes a high quality, 12-channel GPS antenna-receiver, cigarette lighter adaptor/charger, Destinator(TM) software and maps of the US and Canada. Optional mounting brackets are available.
    To order the Destinator(TM), please visit www.trackmyvehicle.com, or call Tom Lehn, 800-446-1991.

    About Paradigm Advanced Technologies, Inc. (OTCBB:PRAV)

    Paradigm Advanced Technologies, Inc., through its wholly owned subsidiary, PowerLOC Technologies Inc., provides end-to-end technology solutions to the location service providers industry. The company works closely with companies in the telematics, GPS, M-business and L-solutions markets. PowerLOC offers its L-Biz(TM) carrier-class TrackerTM Server, application software, and mobile devices that locate, track, communicate with and manage vehicles, people and assets, anywhere, all the time. Paradigm also owns the exclusive licensing rights to a broad-based wireless location patent (US Patent no. B1 5,043,736) covering the apparatus and method of transmitting position information from satellite navigational signals (like GPS) over cellular systems to a base unit, and displaying the location of an object so equipped. For further information on Paradigm and PowerLOC, visit www.powerloc.com or call (905) 764-3701 ext. 229.

    About Raco Industries, Inc.

    Founded in 1991, RACO Industries, Inc. is a leading value added reseller of bar coding and data collection equipment. RACO has recently added to its data collection services by expanding into the rapidly growing telematics industry. RACO is an authorized Location Services Provider and provides vehicle and asset tracking for its customers and a growing group of resellers. For more information, visit www.trackmyvehicle.com or call (800) 446-1991.
    For more information please visit www.trackmyvehicle.com or to interview Rob Adams, please call Tom Lehn, at (800) 446-1991.