Sense Technologies Inc.'s Potential Business Relationships With Automotive Tier One Suppliers Announced
19 December 2000
Sense Technologies Inc.'s Potential Business Relationships With Automotive Tier One Suppliers Announced
OMAHA, Neb.--Dec. 19, 2000--Sense Technologies Inc., NASDAQ (SNSG), CDNX (SSE), with worldwide manufacturing and marketing rights to the Guardian Alert(TM) microwave radar back-up warning system, is pleased to announce that the company has established ongoing evaluation relationships with four different Tier 1 suppliers to original equipment automobile manufacturers (OEM's) to evaluate the applicability of the Guardian Alert(TM) microwave radar backup warning system as an OEM product and as an aftermarket product to be sold through OEM dealerships."As a necessary prerequisite to potentially being installed on newly-manufactured vehicles, this is obviously an important step for Sense Technologies Inc. Equally as exciting is the anticipation of the product to be sold and installed by OEM dealership on existing new and used vehicles," said Bruce Schreiner, Director, Sense Technologies Inc. "These companies are among the world's top automotive suppliers and, as such, this brings to Sense a fairly immediate and substantial marketing opportunity."
Sense Technologies Inc. is a leading developer of intellectual properties encompassing microwave safety products for the automotive industry. The company is publicly traded on the NASDAQ (SNSG) and Canadian Venture Exchange (SSE). For more information on Sense Technologies Inc., contact 1-888-308-8324 or visit www.sensetech.com.
This press release consists of forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties, and actual results could differ materially from those indicated by such forward looking statements. The Company assumes no obligation to update the information contained in this press release, whether as a result of new information, future events or otherwise.