Satelinx Fourth Quarter Forecasts
MONTREAL--Aug. 30, 2006--Satelinx (PINK SHEETS:SLXI) today announces significant increase in fourth quarter forecasts.
The STS-Trakmate, bracelet-type/multi-purpose personal tracking and communication system has been a major factor in increasing our Q4 forecasts to 3 million US. Existing sales and present negotiations globally, confidently shows a significant gain in market share for GPS products.
"As we continue to focus on our new technology, so grows the demand globally for our product. We continue to receive more and more interest in our multi-purpose personal tracking system and we believe we have the right product for the times," said Sam Grinfeld, Board Chairman, Satelinx Intl.
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.