VANCOUVER, British Columbia, Oct. 17 /PRNewswire-FirstCall/ -- Current
Technology Corporation (OTCBB: CRTCF) today reported its 56% owned
Texas-based subsidiary Celevoke, Inc. (Celevoke) will exhibit at the SEMA
show at the Las Vegas Convention Center November 4 - 7, 2008. The SEMA show
is the premier automotive specialty products trade event in the world. It
attracts more than 120,000 industry leaders from over 100 countries for
unlimited profit opportunities in the automotive, truck and SUV, and RV
markets.
"SEMA is all about the automotive aftermarket, we are very excited to
be participating in one of the world's largest conventions and believe the
presentation of our innovative technology for vehicles will be well timed
for this event," says Rob Shirley, EVP Sales, Marketing and Business
Development.
"We are excited to speak with aftermarket customers about Celevoke's
unique solution which combines the EV Micro Suite, a global cellular
network, together with its patented Universal Telematics Server platform
that delivers the most reliable and affordable asset and fleet monitoring
service in the country," states Janet M. Mitchell, CEO, The Mitchell Group.
About Celevoke
Celevoke is poised to become a market leader in the projected $38.3
billion (by 2011) global market for Telematics (according to ABI Research),
which is the integrated use of telecommunications and informatics. More
specifically, it is the science of sending, receiving and storing
information wirelessly via telecommunication devices. Celevoke has
integrated Telematics and Global Positioning Systems (GPS) with sensing
technology. This proprietary suite of hardware and software products
enables users to remotely monitor, track, control and protect a wide
variety of asset classes. Examples include people, automobiles and trucks,
shipping containers and covert vehicles used for law enforcement and
intelligence gathering in a global marketplace. Celevoke is 56% owned by
Current Technology.
Forward Looking Statement
The news release contains forward-looking statements concerning the
Company's business operations, and financial performance and condition.
When used in the news release the words "believe," "anticipate," "intend,"
"estimate," "expect," "project," and similar expressions are intended to
identify forward-looking statements, although not all forward-looking
statements contain such words. These forward-looking statements are based
on current expectations and are naturally subject to uncertainty and
changes in circumstances that may cause actual results to differ materially
from those expressed or implied by such forward-looking statements. Factors
that may cause such differences include but are not limited to
technological change, regulatory change, the general health of the economy
and competitive factors. Many of these factors are beyond the Company's
control; therefore, future events may vary substantially from what the
Company currently foresees. You should not place undue reliance on such
forward-looking statements.
SOURCE Current Technology Corporation
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CONTACT: Corporate, Robert Kramer of Current Technology Corporation, 1-800-661-4247; or Investor Relations, Richard Hannon of Polestar Communications, 1-866-858-4100; or Keith Fetter or Darren Bankston of Piedmont IR, LLC, +1-678-455-3696
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