EREX-"The Dragonfly" (fka EREX)

[nitetrade]

Updated investor info:
E-REX Investor Info:

1916 Pike Place, Suite 1405 ( Although this is rumored to be changing)
Seattle, Washington
USA 98101
1-206-521-2090

R & D Center 1-604-990-2536
Direct line to the President, Carl Dilley: 305-554-9903
Investor Relations: 800-546-7950…very friendly
Web: http://www.e-rex.net/
E-Mail: [e-mail]

SYMBOL- EREX
Shares Issued: 15 million
Public Float: estimated under3 million
S.E.C. filings: http://www.freeedgar.com/search/FilingsResults.asp?SourcePage=CompanyList&CIK=1093159&UseFrame=1&FormType=&DateFiled=&CompanyName=E+REX+INC


More Powerful than a Palm Pilot
More compact than a laptop
More flexible than a scanner
More adaptable than a fax machine
More portable than a printer

The President of Ericson, Kurt Hellstrom, stated, “I expect half of the Internet users in three years to be wireless.”

E-REX Inc. is a technology company designing and producing stand-alone peripherals and direct Internet access products (cellular and satellite). E-Rex maintains research and design facilities in North Vancouver, British Columbia. E-Rex merged with PLANTECH COMMUNICATIONS SYSTEMS INC., a privately held, high technology development company. With the merger, Dr. A. F. Bauer, President of Plantech, assumed command of E-Rex as President and CEO. Dr. "Adi" Bauer has over forty years of international management and engineering experience, and is the creator of the revolutionary "Dragonfly." Due to the health of Dr. Adi Bauer, a new, very experienced CEO has taken over operations of EREX. Donald A.
Mitchell has been appointed the Chairman of the Board of the Company. Mr. Mitchell brings to E-REX an extensive background of organizing, structuring and growing public
companies. His resume includes high-level executive positions with CBS, Banker's
Life, and Universal Abbey. Also, announced by Mr. Mitchell, is the
appointment of Carl Dilley as President and Chief Operating Officer of E- REX.
Mr. Dilley brings twenty successful years of business and financial experience
to the Company.

EREX and UFSI have signed a Letter of Intent to a long-term
corporate alliance. The corporations expect the Agreement to have a multi-
million dollar value over the course of the alliance.
With our 300 points of distribution, we give E-Rex immediate access to enormous
visibility through our customer base, our manufacturers, and perhaps most
importantly, our strategic relationships, stated Christopher M. Swartz, President & CEO, Ultimate Franchise Systems, Inc.


The "Dragonfly"

The Dragonfly is a portable, multi-function color printer, copier, fax, E-mail, Internet and scanner. No computer is needed for its operation. The Dragonfly's direct internet access allows the user to e-mail, store, print, send and receive files, scans and digital photos, from anywhere in the world. The Dragonfly, one of the first of an innovative new class of "smart" products, incorporates Sun Microsystems, Inc. Java and Jini technology with the Internet. Since there are no portable products on the market with the same features and capabilities, the Dragonfly enjoys a tremendous competitive advantage over existing technologies.

The Dragonfly was on display at a Sun Micro booth, and acquired much attention. E-REX maintains a three year non-compete agreement with Sun Micro, allowing E-Rex to use Java script, yet Sun Micro cannot build and compete with E-REX. EREX is currently seeking, and is rumored to have found, a large well-known company to outsource the production of the Dragonfly. It is possible that the Dragonfly may be on store shelves by the X-mas shopping season.


By combining the best technologies of the Internet, with the ability to scan and print hard copies, this unit builds a bridge between the world of paper and the world of the Internet. The maturation of the Internet and technologies such as Java are revolutionizing how information is accessed, exchanged and used. This product can be seen as one of the first of a new breed of devices on the path to the portable access platform of the future.
-Dr. A.F. Bauer, Former CEO & President, E-Rex

E-REX is completing the Dragonfly prototyping with the assistance of VALCOM LTD, of Ottawa, Ontario, and a communications technology and defense contractor. http://www.valcom-guelph.com/

I am a shareholder of EREX and may be biased. I suggest you research EREX and decide if it fits your risk tolerance level.
I have in the past picked XNET @ .87,JAWZ @. 47, GTCI @ 1.10, ZICA @ .87, MHTX @. 47, CAOL @. 80, DFNL@ .81, LITH @. 29 and PWTC@.67-still like this one. This is by no means a guarantee of performance. Please feel free to ask questions or just visit ‘our’ thread:
http://www.ragingbull.com/mboard/boards.cgi?board=W.T.BEAR