Folgende Mail ging vor wenigen Minuten an die C-Chip Technologies Investoren:
C-Chip's security products obtaining recognition from insurance
companies
January 22, 2003 - C-Chip Technologies Corporation (OTCBB: CCHI) is
pleased to report that its family of security products designed for the
automotive industry and power sports vehicles is getting increasing
recognition from insurance companies.
Stephane Solis, President & CEO, states: "We are extremely pleased to
see that companies such as AXA, Allstate and others are now authorizing
our anti-theft products for automobiles and power sports vehicles and,
consequently, are offering consumers choosing to have our devices
installed on their vehicles a discount on their insurance premiums. For
C-Chip, this is a major endorsement for our security offerings which
will undoubtedly contribute to increasing our market penetration in both
the automobile and sports vehicles industries."
C-Chip's security products for the automotive and sports vehicle
industries now include the Hawk and Shadow series. The Hawk series
includes two cost-effective products based on RFID (Radio Frequency
Identification) technology. The Hawk units are small, easily hidden,
simple to install and are totally unobtrusive to users. The Shadow
series adds GPS technology enabling the location of stolen assets.
James Mashtoub, COO, indicates: "Every 27 seconds, a vehicle is stolen
in North America. The estimated total value of stolen vehicles is about
US$8.2 billion each year. The economic impact of auto-theft is very
significant. When we began developing the Hawk and the Shadow series our
goal was to come up with a line of products that would render theft of
vehicles nearly impossible, or in the event of theft, would allow the
location of the stolen vehicle, all this while always keeping our prices
at a level that would incite insurance companies to make our product
almost mandatory for all policy holders."
About the C-ChipT Technology
The C-ChipT is a new wireless, web-based set of communication tools
that offers business users remote access, control, and monitoring of a
wide range of assets, including vehicles, office equipment and
industrial machinery. It allows selective enabling, disabling and any
other commands at will, from anywhere to practically anywhere in North
America using the Internet. Applications for the C-ChipT technology
offers significant opportunities within the markets for credit, security
and asset management solutions. Detailed information on the technology
and its applications is available on our web-site at www.c-chip.com.
About C-Chip Technologies Corporation
C-Chip Technologies Corporation is positioned in an emerging and rapidly
growing industry which is about interconnecting machines with IT
infrastructures and mobile assets. We integrate wireless communications,
on-line transactions, software applications, RFID technology, the
Internet and, when location is required, GPS technology to enable
business users to efficiently access, control and manage remote assets
at low costs. The Company's goal is to be recognized as a leading
provider of credit management solutions for financial institutions, of
security solutions for insurance companies and asset management
solutions for car rental companies and urban fleets.
Contact:
Stephane Solis, President & CEO
C-Chip Technologies Corporation
877-339-2447
ssolis@c-chip.com