SEATTLE, Wash., Jan. 27, 2000 (PRIMEZONE) -- inFOREtech(TM) Wireless Technology Inc. (OTCBB:WYRE), the developer of the inFOREmer(TM) 2000 Golf information system, a GPS-based, wireless and portable recreational device, today announced it has commenced trading on the OTC Bulletin Board under the symbol WYRE. The company is fully reporting with the SEC.
"We are extremely pleased by the golfing industry's enthusiasm in our dynamic product and technology," said Robert C. Silzer, Sr., chairman and chief executive officer. "The inFOREmer 2000 system, representing the first in a series of hand held wireless recreational applications, greatly enhances a golfer's enjoyment of the game and allows course management the ability to operate more efficiently and profitably. We look forward to establishing inFOREtech Wireless Technology as the leading international supplier of wireless, hand-held portable recreational devices worldwide."
About inFOREtech Wireless Technology Inc.
inFOREtech(TM) Wireless Technology applies global positioning satellite (GPS) and wireless technology to information systems for the golf and recreational industries. The company's initial product, the inFOREmer 2000, is the first, patent pending, sophisticated communications network that utilizes Internet protocols to provide a wireless management system to enhance recreational value, increase golf course profits and improve player safety. The company's mission is to become the leading international supplier of wireless, hand-held portable recreational devices (PRD's) for applications worldwide. Additional information can be obtained from the company's Web site at www.inforetech.com.
Certain statements contained in this news release regarding matters that are not historical facts may be forward-looking statements. Because such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, anticipated future revenues of the companies, market acceptance of the current product offering and other risk factors identified from time to time in the company's filings with the Securities and Exchange Commission.