Elite Logistics Inc. Completes PageTrack Distribution Agreement With Motorola Inc.
16 January 2001
Elite Logistics Inc. Completes PageTrack Distribution Agreement With Motorola Inc.
FREEPORT, Texas--Jan. 16, 2001--Agreement Opens Up Latin America and the Caribbean Region for the
Distribution of Elite's PageTrack(R) Intelligent Vehicle Systems
Elite Logistics Inc. (OTCBB:ELOG), announced that it has signed an agreement with Motorola , Dorado Investments for the distribution of its PageTrack(R) Intelligent Vehicle Systems (IVS) throughout Latin America and the Caribbean Region.
"This is an important milestone in our business growth," said Joe Smith, chief executive officer of Elite Logistics Inc. "Not only does this expand PageTrack(R) distribution beyond the United States, but it also significantly reinforces our strategic relationship with Motorola."
"We believe that the PageTrack(R) product will expand our solutions portfolio for Latin America," said Len DeBarros, senior vice president of Motorola Inc. and president of Dorado Investment. "The technology addresses the requirements of a large number of our customers throughout Latin America and provides a cost-effective solution to our customers' needs for fleet management and vehicle security applications. We soon expect to introduce PageTrack(R) in Mexico and expand distribution to other key centers throughout the region within 12 months."
About PageTrack(R)
Wireless automotive tracking systems have been available for several years. However, they were prohibitively expensive and therefore the predominant domain of luxury vehicles and large long haul fleets. Elite Logistics' patent-pending PageTrack(R) system provides a low cost alternative that will broadly expand the potential markets for IVS products. The PageTrack(R) family of products has been designed to address the critical needs for improving productivity, reducing costs, increasing security and improving asset management for mobile assets.
PageTrack(R) 2 provides a cost-effective end-to-end asset locating, command and control system by integrating a GPS receiver and Motorola's CreataLink(R) 2XT transceiver utilizing Motorola's ReFLEX(R) two-way wireless telemetry technology over the SkyTel paging network. PageTrack(R) 2 monitors, tracks (including via the Internet), analyzes and controls the movement of virtually any object, including ground vehicles, marine vessels, railway equipment and valuable objects in transit. In addition to communicating via a secure Internet link, PageTrack(R) 2 owners can communicate with, and remotely manage functions on the vehicle via a two-way pager, an Internet-enabled cellular phone or PDA, or by calling Elite Logistic's 24-hour Customer Support Control Center.
PageTrack(R) 2 command capabilities include the unlocking of a vehicle's doors when the keys have been locked inside, remotely commanding the ignition to start and warm up the vehicle on cold mornings or cool it down in warm weather, as well as many other value-added functions. PageTrack(R) 2 capabilities also include monitoring sensors on a vehicle or trailer (e.g. door open/close), and notification of events including alarm or airbag activation.
In the event of an installed alarm activation, PageTrack(R) 2 notifies customers via a variety of communications means that the system is alarmed, thus indicating that their vehicle may be in the process of being stolen. The owner then can instruct the PageTrack(R) 2 unit to trigger an installed alarm, sound the horn, disable the vehicle and/or notify local law enforcement of the vehicle's location.
About Elite Logistics Inc.
Founded in 1997, Elite Logistics Inc. is the parent company of Elite Logistics Services Inc., its wholly owned operating subsidiary based in Freeport, Texas. Elite Logistics Services Inc. is best known for its patent-pending PageTrack(R) family of Intelligent Vehicle Systems that integrate global positioning systems and two-way wireless telemetry technology to provide Internet-enabled tracking and control of vehicles and other assets. The company provides a comprehensive solution to the logistics needs of fleet managers and security needs of private vehicle owners. The PageTrack(R) family of Intelligent Vehicle Systems is distributed within the United States through an expanding network of distributors and dealer. Elite Logistics Inc. is a certified value added integrator for Motorola and utilizes the paging network of SkyTel, a subsidiary of MCI WorldCom . For additional information, visit the company's Internet site at www.elitelog.com or contact Joe Smith, CEO, at 409/230-0222 or e-mail jdsmith@elitelog.com.
About Motorola Inc.
Motorola Inc. is a global leader in providing integrated communications solutions and embedded electronic solutions with sales totaling $33.1 billion in 1999. For additional information on Motorola Inc. please visit the company's Web site at www.motorola.com. Dorado Investments is the strategic new business development organization of Motorola Inc. for Latin America.
Motorola is a registered trademark of Motorola Inc. All other brands and corporate names are trademarks of their respective owners.
Forward Looking Statements:
This release as it relates to future events, revenue projections and other company matters, contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward-looking statements involve risks and uncertainties.