UPGD auf der Cebit 2000 !!!

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UPGD auf der Cebit 2000 !!!

 
23.02.00 18:47
Wednesday February 23, 10:28 am Eastern Time
Company Press Release
Upgrade International Corp. Announces Its Participation In CeBIT 2000
SEATTLE--(BUSINESS WIRE)--February 23, 2000--Upgrade International Corp. (OTCBB:UPGD - news) announces its participation in CeBIT 2000, in Hannover, Germany starting on Thursday 24th February 2000.

Daniel Bland, President and CEO of Upgrade International Corp. announced today that the company will be represented at the annual technology exhibition CeBIT 2000 in Hannover, Germany. ``I am pleased to announce today that we will be showing UltraCard, the core technology of the Upgrade group at CeBIT 2000, at the stand of Emprise AG. This will be the debut presentation of the revolutionary UltraCard technology to the European market and will be followed by a series of detailed presentations of several applications which are currently being developed by companies of the group.''

Emprise Management Consulting AG, a shareholder in Upgrade, is a publicly traded company quoted on Neuer Markt in Germany. Emprise offers computer software consulting, systems integration services and information technology services including specific system development, organizational advice, strategic planning for information processing, process analysis and software solutions. The Company has subsidiaries in Germany, Switzerland and the United Kingdom.

In the course of the presentations at CeBIT, it is anticipated that Upgrade International Corp. will be elaborating on its medium term strategy, current outlook and prospects for the commercialisation and licensing of its products and services.

Upgrade International Corp., (www.upgd.com) is focused on the development and acquisition of state-of-the-art information technology. In addition to EforNet Corp., one of the companies in which Upgrade holds a substantial stake, UltraCard Inc., has developed a revolutionary system for high capacity data storage. The management of UltraCard, Inc. believes that their developed and patented product represents a significant advance in the method consumers and businesses will utilize portable data, integrating UltraCard products into everyday life. Utilizing existing hard disk storage technology, UltraCard provides a unique and highly durable media in a common credit card format, to satisfy the next generation in personal portable data storage for a broad range of existing and new market sectors. UltraCard currently provides 5 megabytes of memory and is fully editable. Management estimates that more than 1 gigabyte of recordable data, on a single credit card format, can be achieved without the need for compression technology.


    On behalf of the Board of Directors
    Daniel Bland
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