SOURCE: Effective Control Transport, Inc.

January 24, 2008 13:41 ET

Effective Control Transport Inc. Signed a Distribution Agreement With Viascan

LONGUEUIL, QC--(Marketwire - January 24, 2008) - Effective Control Transport Inc. (PINKSHEETS: EFFC) (www.econtroltransport.com), a leading provider of global Telematics, location-based solutions, today announced a distribution agreement with Viascan (www.viascan.com).

Viascan, North America's fastest growing company in the bar coding industry, which specializes in providing communication and data collection solutions to trucking, shipping, and warehousing companies, will now be able to integrate the full suite of products included in the FOLO system.

Together ECT and Viascan will reach target audiences and grow their overall market presence through the effective integration and distribution of their technology products, market development programs and technical engineering services. This agreement has a 2008 projected revenue value to ECT of 2 million dollars.

"Data collection and communication is very important in our marketplace," said Denis Kurdi, Viascan's CEO. "By working with ECT's team of knowledgeable sales professionals and engineering staff we can now offer real-time data collection and communication as well as address the growing demand for security access to that data while achieving higher margins and maintaining loyal customers through offering the complete suite of FOLO products."

"We are excited to be working with Viascan and launching our distribution and reseller presence to small and midsized companies in North America," said Raphael Huppe, CEO of ECT. "ECT's Folo System offers users increased productivity and security through the use of real-time communication of data and bio-metric capabilities. Through Viascan's network of existing and future client base, companies will now be able to experience firsthand the benefits of our complete solution."

ECT is an information technology firm that has developed fully integrated solutions for trucking and fleet management along with the highest level of technical expertise which enables it to service a wide range of customers, providing tailored solutions.

All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.

Contact Information

  • Contact:

    Investor Relations
    Andrew Barwicki
    516-662-9461