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Tuesday, 11/18/2003 10:42:42 AM

Tuesday, November 18, 2003 10:42:42 AM

Post# of 17
NEWS!

http://biz.yahoo.com/prnews/031118/chtu009_1.html

Boost in Revenues for the Quarter - Mobile Reach Wins Contract From One of America's Largest Retail Chains
Tuesday November 18, 9:20 am ET


CARY, N.C., Nov. 18 /PRNewswire-FirstCall/ -- Mobile Reach International, Inc. (OTC Bulletin Board: MBRI - News), a product and services company focused around mobility, today announced it has mobilized one of North America's largest retail chain enterprise asset tracking systems. Due to a contractual clause in the agreement, the Company is not free to state the name of the specific client at this time. However, the company is projecting the revenues from its IT asset management products and services to reach $1.5 Million for the fiscal year ending '04.
"Mobile Reach is pleased to announce the successful automation of our Asset Management software with one of the nation's largest retail chains Warehouse systems," says Mark Lloyd, CTO of Mobile Reach. "The underlying requirements of this systems were dominated by the need to use only the scanner and an enter button on the mobile device for most tasks -- our products and engineering team were up to the challenge and met these requirements."


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