Satelinx (SLXI.PK) Announces Motocycle GPS Tracking Device
Satelinx announces new device and agreements in the Motorcycle industry. These agreements will produce sales over 6000 devices for 2006.
Montreal, QC (PRWEB) January 14, 2006 -- Satelinx (SLXI.PK) announces a new agreement with Insurance Brokers for monitoring Motorcycles. Satelinx have developed a new Motorocycle device, small compact and accurate specifically for the motorcycle industry. The device was introduced and showed off at the North America International Motorcycle show in Toronto 6-7-8 January 2006. These agreements and recognition will develop and should increase sales greatly for 2006.
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 and VIRTUAL WAVE INC. undertake no obligation and do not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release.
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