SLXI-Satelinx Signs Letter of Intent With Israeli Company
Monday January 22, 8:00 am ET .0003
MONTREAL--(MARKET WIRE)--Jan 22, 2007 -- Satelinx (Other OTC:SLXI.PK - News) has signed a letter of intent with an Israeli company to distribute and sell its vehicle tracking and Personal tracking devices.
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"With security and safety being the number one issue in Israel, we are confident that our product line will serve to be a major influence in the daily lives of people and companies in Israel. Satelinx continuously works to expand its customer base globally, and feels that the introduction of its products and services in one of the most security-minded countries in the world will prove to be a successful leap into our global goals," stated Sam Grinfeld, Chairman of the Board of Satelinx. "We would like to also announce the resignation of Jason C.C. Hu, Board Director. Mr. Hu will be greatly missed, and his efforts and accomplishments are greatly appreciated," said Sam Grinfeld.
About Satelinx
Satelinx International Inc. provides satellite vehicle tracking units that integrates GSM/GPS/GPRS wireless technologies and the Internet to deliver wireless tracking and location services. Satelinx seeks to be recognized as the world leader in providing safety and security solutions on a global scale in a cost-effective manner for vehicle owners, trucking or private vehicle fleet and insurance companies.
