Paradigm's Destinator -TM- Navigation Technology Earns High Praise in Media On Two Continents
TORONTO--March 6, 2002--Paradigm Advanced Technologies, Inc.'s (OTCBB:PRAV) awarding winning Destinator(TM) navigation technology was chosen "Best of Breed" on March 1, 2002, by Germany's Pocket PC Magazin. The Destinator(TM) navigation system on a Compaq iPAQ(TM) Pocket PC strongly outperformed two other competitors reviewed by the magazine.Separately, the company confirmed that the Destinator(TM) product would be featured on the Discovery Channel, Canada-wide, on Tuesday, March 26, 2002, at 8:30 p.m. as part of a special program on new technology.
Eduardo Guendelman, President and CEO of Paradigm Advanced Technologies, said, "We are delighted at the increasing recognition our Destinator(TM) navigation technology is earning around the world. Destinator(TM) was voted America's Pocket PC Magazine's prestigious People's Choice Award, merely three months after its introduction and was chosen 'Best Product' of its kind in the GPS category, by outperforming seven other established competitors. Destinator(TM) has also recently won the European PC Award 2002."
The Destinator(TM) navigation system provides navigation assistance to travelers throughout North America and Europe. Destinator(TM) allows users to effortlessly navigate by providing real-time, turn-by-turn voice instructions in English, French, Italian, German or Spanish. Visual and text guidance is also available in real-time on dynamically updated maps of the area. Many travelers also value the added security of accurate routing through unfamiliar areas in today's less certain world.
ABOUT PARADIGM ADVANCED TECHNOLOGIES, INC.
Paradigm Advanced Technologies, Inc. (OTCBB:PRAV) (www.powerloc.com) provides a full range of wireless location tracking technology solutions to service providers and end users 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 people, vehicles and other assets. Paradigm's technology was chosen to help track recovery vehicles at the World Trade Center disaster recovery site. Chosen "Best of Breed" by Pocket PC Magazine, "Destinator(TM)" (www.destinator1.com) technology provides a breakthrough experience in vehicular navigation and communication. 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. For further information on Paradigm and its PowerLOC division, visit www.powerloc.com or call (905) 764-3701.
Paradigm is also listed on the Frankfurt Stock Exchange - symbol - PG8.
This press release contains forward-looking statements that, if not verifiable historical fact, may be viewed as forward-looking statements that could predict future events or outcomes with respect to Paradigm Advanced Technologies, Inc., and its business. The predictions embodied in these statements will involve risks and uncertainties and accordingly, Paradigm's actual results may differ significantly from the results discussed or implied in such forward-looking statements.