Paradigm Joins HP's Mobile Program
TORONTO, Ontario--Oct. 11, 2001--PowerLOC Technologies Inc., a subsidiary of Paradigm Advanced Technologies, Inc. (OTCBB:PRAV), (www.powerloc.com) announced today that it has entered into a participation agreement with Hewlett-Packard Company that provides for PowerLOC to work with HP in the creation and delivery of mobile e-services including PowerLOC's tracking, location and navigation based solutions.HP's product platforms presently include the HP Jornada Pocket PC series for PowerLOC's Destinator(TM) navigation system and the L2000 or L3000 Server series for its Tracker(TM) Server solution.
Further information regarding the agreement can be found at:
Mobile Wares:
http://www.channelline.com/daily_article.cfm?daily=DLY100901-02
Mobility Programs:
http://www.hpmobilitynews.com/multimedia/docs/Fact%20Sheet%20-20 MESB%20Final%20 (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field.)
Mobility Alliances:
http://www.hpmobilitynews.com/multimedia/docs/Fact%20Sheet%20-%20 mobile%20partners%20Final%20 (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field.)
"By partnering with a world-class organization such as HP with their advanced mission-critical wireless technology and unique positioning within the wireless industry, PowerLOC takes a further step forward in its strategy of becoming the preeminent world-class supplier of end-to-end wireless tracking, locating, communicating and navigational solutions," said Eduardo Guendelman, President and CEO of PowerLOC.
ABOUT PARADIGM ADVANCED TECHNOLOGIES, INC.
Paradigm Advanced Technologies, Inc. (OTCBB:PRAV) provides a full range of wireless location tracking technology solutions to service providers in the telematics, GPS, M-business, L-solutions and CRM/ERP markets. Paradigm's servers, software and devices locate, track, navigate, communicate with and manage vehicles and other assets. Paradigm owns the exclusive licensing rights to a broad based wireless location patent (U.S. Patent No. B1 5,043,736) covering the apparatus and method of transmitting position information from satellite navigational signals (such as GPS) over cellular systems to a base unit and displaying the location of that equipped object. Paradigm's rights cover all fields of use for the patented system (except for certain criminal justice applications). For further information on Paradigm and PowerLOC, visit www.powerloc.com or www.destinator1.com or call (905) 764-3701 Ext. 249.
Paradigm is also listed on the Frankfurt Stock Exchange - symbol - PG8.