SOURCE: Satelinx International Inc.

January 25, 2007 16:00 ET

Satelinx Announces New PDA Enabled Software

MONTREAL -- (MARKET WIRE) -- January 25, 2007 -- Satelinx (PINKSHEETS: SLXI) has completed the final stage in developing a GPS tracking software which will allow the individual user to track a vehicle or person using their own PDA cell phone . PDA sales have tripled in the past two years and make up for more than half of all cell phones on the market. It is our desire to tack in on this 30 billion dollar a year market and make our software a standard on all PDA's.

"We have been working diligently to integrate our GPS tracking software with today's highly advanced PDA cell phones. This will allow mobile ease of use to all users in order to better track assets and individuals. In today's mobile world, having the ability to be at any place at anytime to keep a watchful eye on your family and assets, without being confined to a single location to monitor, will greatly improve every aspect of security. Adding to a market that's already saturated with PDA technology, we feel that it will be a simple merge into everyday use and will allow us the opportunity to sell our GPS tracking units on a large scale," stated Sam Grinfeld, Chairman of the Board of Satelinx.

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.

FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements, including forecasts of market growth, future revenue, benefits of the proposed merger, and expectations that the merger will be accretive to Satelinx's results and other matters that involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: difficulties encountered in integrating merged businesses; uncertainties as to the timing of the merger; approval of the transaction by the stockholders of the companies; the satisfaction of closing conditions to the transaction, including the receipt of regulatory approvals; whether certain market segments grow as anticipated; the competitive environment in the software industry and competitive responses to the proposed merger; and whether the companies can successfully develop new products and the degree to which these gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release. Satelinx undertakes no obligation and do not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release.

Contact Information

  • Contact:
    Sam Grinfeld