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PARADIGM NAMES DAVID A. GILLMAN AS NEW CHIEF OPERATING OFFICER
Contacts:
Stanley Wunderlich
Consulting For Strategic Growth, Ltd.
Public Relations
Corporate Development Consultants
Tel: 800-625-2236
Fax: 516-625-4523
Email: cfsg@iname.com
Selwyn Wener
Chief Financial Officer
Paradigm Advanced Technologies, Inc.
Tel: 905-707-2158
Fax: 905-707-7106
Email: swener@powerloc.com
Web site: www.powerloc.com
Toronto, September 26, 2000 - Paradigm Advanced Technologies, Inc. (NASDAQ OTCBB:PRAV), today announced the appointment of David A. Gillman, as Chief Operating Officer of PowerLOC Technologies, Inc. Mr. Gillman is the former founder of QubeCity, a successful Y2K software company, and from 1989 to 1994 was the Director of Consulting for Texas Instruments Canada (TI).
In commenting about this exciting new addition to the executive management team, Paradigm President and CEO Eduardo Guendelman said: In his past assignments, David has demonstrated an entrepreneurial spirit and a vision for well-defined technology projects. He comes to us with a well-rounded education, years of industry experience and a hands-on working knowledge gained from senior positions in a variety of companies. He considerably strengthens our growing managerial resources."
I am delighted to join this innovative company in the exciting GPS-based wireless location e-commerce field," Mr. Gillman stated. With its broad-based patent and commanding advances in technology and product development, Paradigm is poised to break out into a leadership position in the global commercialization of L-commerce. Its exhilarating to join the team thats making this happen."
About Paradigm Advanced Technologies, Inc.
Headquartered in Toronto, Paradigm Advanced Technologies, Inc. (www.powerloc.com) is a world-leader in wireless location-based electronic commerce (L-Commerce). Paradigm owns the exclusive licensing rights to a broad-based wireless location patent (US Patent #B1 5,043,736) covering the apparatus and method of transmitting position information from satellite navigational signals (like GPS) over cellular systems to a base unit, and displaying the location of a person or object so equipped. Paradigms ownership covers all fields of use for the patented system, excluding criminal justice applications. Paradigm fully owns PowerLOC Technologies Inc. and Power Point Micro Systems Corporation. PowerLOC provides a comprehensive range of L-Commerce and L-Business products and services including a family of proprietary wireless-location devices for this emerging industry and for location-based service providers (LSPs) in particular.
For additional information, please call CFSG at 800-625-2236. Visit Paradigms web site at www.powerloc.com that showcases some of its advanced new wireless location technologies and products.
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This press release contains forward-looking statements that, if not verifiable historical fact, may be viewed as forward-looking statements that could predict future events or outcomes with respect to Paradigm Advanced Technologies Inc., and its business. The predictions embodied in these statements will involve risks and uncertainties and accordingly, Paradigms actual results may differ significantly from the results discussed or implied in such forward-looking statements.
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