| [March 27, 2007] |
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Grayling Updates Operating Divisions
CALGARY, Alberta --(Business Wire)-- Grayling Wireless USA, Inc. (Pink Sheets: GRYW) today provided updates for its three operating divisions.
GPS Communications Division
Following successful field trials the company's GPS Communications Division, based in Gabarone, Botswana, received first orders for its new fleet management/vehicle tracking system. Orders totaling fifty-one in-vehicle systems have been received from two customers with installations underway. Another potential customer representing significant prospective revenues for the company is nearing the end of its field trials. The company expects to be in position to provide more details on this significant potential order in the near future.
Radio Communications Division
The company has received a repeat order from its first customer, an industrial client based in Sarnia, Ontario, Canada. Additionally, the company recently announced that its Radio Communications Division has completed deliveries of ClearCalm(TM) Advantage-S systems to U.S. municipal fire departments in Colorado and Arizona. ClearCalm(TM) Advantage-S systems are currently under evaluation by numerous prospective customers throughout North America and the company will continue to announce additional sales in both the private and public sectors in the near future.
Software Division
As recently announced, the company's Software Division continues to post solid revenues. For the first five months of the current fiscal year Sentai Software has booked revenues of $1,632,309 (unaudited). Also during this update period Sentai announced the signing of an agreement with Cognos whereby Sentai will incorporate Cognos 8 Business Intelligence tools into Sentai's TRAX ERP and PinPoint software environments.
About GRYW:
Grayling, based in Calgary, Alberta, is an innovator and integrator of emerging technologies. Our goal is to seek out and evaluate growth opportunities, including mergers and acquisitions that add incremental shareholder value, extend the company's market share and add to its technical competencies. Grayling will continue to bring market-ready technologies and services to its markets. For further information, visit www.gryw.com
For further information on:
ClearCalm(TM), visit www.clearcalm.com
Stone Mountain, visit www.stonemountainltd.com
Sentai, visit www.sentai.com
This press release contains forward-looking statements within the definition of section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Act of 1934, amended. These forward-looking statements should not be used to make an investment decision.
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