Microphonics is "Honored Guest" at ISM Annual "Dealer Contact Event"
30 August 1999
Microphonics is "Honored Guest" at ISM Annual "Dealer Contact Event"NASHVILLE, Tenn., Aug. 30 -- Microphonics (OTC Bulletin Board: MRPS) (http://www.microphonics.com) was invited as an "Honored Guest" at ISM Holding Corporation's (OTC Bulletin Board: ISMH - news) annual "Dealer Contact Event" at the new ISM Motorsports complex in Indianapolis, Indiana. CEO 's and other representatives from over 75 major distributors and dealers attended the event. Microphonics was the sole vendor attending, and proudly displayed and demonstrated the 111-R Ultraphonics Detector to receptive attendees. Mr. Myles Izikoff, VP of Sales and Marketing for Microphonics, stated, "This was a pivotal meeting for us. Thanks to ISM and their associate sponsor, a major tier 1 automobile component manufacturer, we were introduced to major distributors and dealers prominent in the automotive, trucking, and racing markets. The exposure we gained at that meeting would have taken months if not years of hard work to obtain. We met with and have appointments with companies such as Ryder Truck, J.B. Hunt, Schneider Trucking, and many others. Gaining access to these 75 distributors provides us the opportunity to dramatically increase our own outreach to the trucking industry and automotive supply and repair stores and centers around the country." About the Ultraphonic Detector 111R. This hand-held device is so exact that it can detect a hole half the thickness of a human hair. More practically, it can pinpoint and identify leaks (pressurized, non-pressurized and vacuum), mechanical malfunctions, and certain electrical problems as well. Perhaps the most remarkable benefit is that it warns of impending trouble before a costly malfunction occurs. In addition, with its proprietary software, the Microphonics ultrasound detection units are uniquely "trained" to ignore ambient sounds of noisy factories or engines and only listen to the "signature" ultrasounds which indicate a potential problem, long before a major breakdown or downtime issue develops. In-house technicians with only a short one-day training session can expertly monitor equipment performance and product quality while reducing maintenance and warranty costs. Statements included in this press release which are not historical in nature, are intended to be, and are hereby identified as "forward-looking statements" for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended by Public Law 104-67 and provisions of the Private Securities Litigation Reform Act of 1995. Forward- looking statements may be identified by words including "anticipate," "believe," "intends," "estimates," "expects," and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future business prospects are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.