Satelinx Entering Taxi Industry In the International Markets
MONTREAL--July 25, 2006--(PINK SHEETS:SLXI) - Satelinx has received a purchase order for 5000 taxi GPS units from ETS. VISIONET. This purchase order is in excess of $ 2,000,000.00."This penetration into the International market opens new opportunities overseas for Satelinxs' tracking systems and our other product lines. We continue to expand globally, and are confidant that future orders will be forthcoming," stated Sam Grinfeld, Chairman of Satelinx Intl.
This contract is through one of Satelinx distributors . Satelinx distribution network is expanding daily and new distributors and dealers are joining the Satelinx team international
About Satelinx
Satelinx International Inc. provides satellite vehicle tracking units that integrates GSM/GPS/GPRS wireless technologies and the Internet to deliver wireless tracking and location services. Satelinx seeks to be recognized as the world leader in providing safety and security solutions on a global scale in a cost effective manner for vehicle owner, trucking or private vehicle fleet and insurance companies.
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Satelinx International Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.