iPackets International Comments on the Enactment of the MINER Act of 2006 Into Law
VANCOUVER, BC -- (MARKET WIRE) -- Jul 06, 2006 -- iPackets International, Inc. ("iPackets") (PINKSHEETS: IPKL), a global developer and provider of a wide range of wireless and communications solutions for selected enterprises including the mining industry, announced today that the enactment of the Mine Improvement and New Emergency Response ("MINER") Act of 2006 into law validates the company business plan to deploy a true 2-way wireless mine-safety system to track, monitor, and communicate with miners and equipment both underground and above ground.
As part of the MINER Act of 2006, coal companies must implement a 2-way communications and electronic tracking system within three years. This represents a phenomenal business opportunity for iPackets, and it will significantly increase the company's revenue over the next three years.
"The recent fatal mining accidents in the U.S. highlight the importance of implementing a 2-way wireless mine-safety system such as iPackets' iPMine product," said Naiel Kanno, president and CEO of iPackets. "iPMine adds a new layer of protection for miners, provides the tools to assist search and rescue efforts, and mitigates the human loss and disruption of mining operations."
About iPMine
iPMine is a real-time two-way wireless communications solution designed to significantly improve the safety of miners and equipment in virtually any size mine. iPMine tracks, monitors, and communicates with miners and equipment underground and above ground. Location information of both miners and equipment is collected and displayed live on one or more monitoring stations against a background of a mine's terrain map. iPMine's scalability and flexibility features make it ideal to be deployed in any size mine supporting multiple levels and/or sites. iPMine's redundant communications feature makes the system highly reliable to efficiently operate in the harsh mining environment.
