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Astrata Group to Present at The VALUERICH Small-Cap Financial Expo
Jun 20, 2007 (06:06 AM EDT)
HOUSTON, June 20 /PRNewswire-FirstCall/ -- Chief Executive Officer Martin Euler of Astrata Group Inc., an international provider of innovative location-based IT services that incorporate GPS and wireless communications technologies, will present a company overview at the VALUERICH Small-Cap Financial Expo being held June 21 at the W New York Hotel, 541 Lexington Ave., New York.
In his presentation at 10:00 am EDT, Mr. Euler will review the company's growth in contracts in which Astrata's telematic tracking and control system has proven superior in tests against major competitor systems, leading to a recent $93 million order for its telematics products over a two-year period. To see a live webcast of the presentation, go to www.ivaluerich.com , and click under Small-Cap Expo.
"Our success results from the ease of use of our system and the comprehensive nature of the solutions we provide for our clients," Euler said. He said the presentation will also include an overview of the company's proprietary technology.
Astrata's systems are based on its unrivaled technology, its Geo-Location Platform, the world's smallest and most technologically advanced fleet management and vehicle real-time tracking device.
About Astrata Group, Inc.
Astrata Group, Inc., is a US publicly listed company headquartered in Houston. Astrata is focused on advanced location- based IT services and solutions (telematics) that combine GPS positioning, wireless communications (satellite or terrestrial) and geographical information technology, which together enable businesses and institutions to monitor, trace as well as control the movement and status of machinery, vehicles, personnel or other assets. Astrata has designed, developed, manufactured and currently supports seven generations of telematics systems with units deployed worldwide.
Astrata has offices throughout the world including the United States, Europe and Asia. For further information please visit www.astratagroup.com .
Forward Looking Statements:
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate, "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements, involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Astrata Group Incorporated (the "Company") to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to: (i) the Company's ability to obtain sufficient capital or a strategic business arrangement to fund its current operational or expansion plans; (ii) the Company's ability to build and maintain the management and human resources and infrastructure necessary to support the anticipated growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at www.sec.gov under "Search for Company Filings.
PR/Media Relations Contact: Richard Stern Stern & Co. firstname.lastname@example.org Tel: 212-888-0044 Stephanie Stern Stern & Co. Tel: 212-888-0044 Financial Advisors: Todd M. DeMatteo DOMINICK AND DOMINICK LLC Tel: 212-558-8809 Robert J. Onesti DOMINICK AND DOMINICK LLC Tel: 212-558-8810
CONTACT: Richard Stern, +1-212-888-0044, email@example.com, orStephanie Stern, +1-212-888-0044, , both of Stern & Co.,for Astrata Group, Inc.; or Financial Advisors, Todd M. DeMatteo,+1-212-558-8809, , or Robert J. Onesti,+1-212-558-8810, , both of DOMINICK ANDDOMINICK LLC, for Astrata Group, Inc.
Web site: http://www.astratagroup.com/ http://www.ivaluerich.com/