Satelinx (SLXI)

Satelinx International (OTC: SLXI) is a leading provider of satellite tracking services. The company uses wireless communications (GSM) and the Internet with global positioning (GPS/GPRS) technology to track any type of moving vehicle or asset using its proprietary system. The system consists of a small embedded device equipped with microwave sensors that communicate with satellites to enableprecision asset location. A wireless network then relays critical data to a 24/7 call center via the Internet.

Customers who install and activate the Satelinx Tracking unit in their vehicle now receive up to 40% premium discount from seven leading insurance firms. The Satelinx device was approved by AXA, Lombard Canada, Belair Direct, L'Unique General Insurance, La Capital Insurance, ING, and TD Meloche Monnex.

In addition to vehicle tracking, Satelinx offers solutions for tracking stored equipment and customer shipments. One of the most exciting offerings from the company is a personal tracking solution which can track children and Alzheimer patients. The device resembles a digital watch and can pinpoint the location of a person at any time and place.

Satelinx provides the security of knowing where your valuable assets are at all times and provides instant notification of any unauthorized activity.

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ABOUT THE COMPANY

Satelinx Tracking Systems is a leading provider of tracking systems and integrated asset location services with its headquarters located in Montreal, Quebec, Canada. Satelinx Tracking Systems has seamlessly converged wireless communications (GSM) and the Internet with global positioning (GPS/GPRS) technology enabling end-to-end mobile asset and vehicle location and monitoring solutions combining real-time GPS positioning and wireless communications systems delivering precise, time-critical mobile asset status and history information for increased security, greater loss control and telematics services. Telematics combines wireless voice and data services with Global Positioning System (GPS) technology to provide specific location services like vehicle navigation, tracking, and emergency services.


OBJECTIVE

Satelinx Tracking Systems intends to work closely with law enforcement and private security agencies in order to accommodate its customers in an effective and efficient manner. Their continuous focus will be to provide the very best in customer service and also to lead the industry in the manufacturing of products that are state of the art and of the highest quality in order to better serve our clients at a cost that will be affordable to the general public.

It is the peace of mind that Satelinx will provide its clientele in protecting their vehicles, assets and quite soon their loved ones that has always been the driving force of the company. To date, this represents the reason that the company is positioned to break into the tracking marketplace. With Satelinx, any vehicle owner, private or commercial vehicle fleet can rest assured that their vehicles' location is constantly being monitored by Satelinx's Network Operations Center (NOC).

Satelinx Tracking Systems is making wireless vehicle tracking and a whole customized suite of location-based services possible... Anywhere...Anytime!

Satelinx Tracking Systems has developed "essential" hardware and proprietary tracking software that will impact lives on the road and deliver in-vehicle services anywhere! Telematics combines wireless devices, in-car computers and location technologies to provide drivers with safety and security services.

Telematics, (Vehicle Location Technology), once only found in luxury automobiles and large trucking fleets is today taking aim at broad consumer automotive markets. Satelinx Tracking Systems offers consumers affordable personalized vehicle tracking solutions using state of the art communications wireless technology appealing to consumers by providing not only the hardware and vehicle or asset recovery services with only a minimal low monthly fee!


RECENT NEWS

June 23, 2005 - Satelinx International Inc. (OTC: SLXI) a global provider of satellite vehicle tracking services, announced today it has signed a letter of intent, which calls for Next Group Brasil Limitada to market Satelinx' products and services in Brazil. Under the proposed terms, Next Group expects residual revenues to grow to over $30 million U.S. over the next 60 months.

June 1, 2005 -- Satelinx International Inc. (OTC:SLXI), a global provider of satellite vehicle tracking services, announced today that it now has a total of seven of the country's leading insurance companies providing premium discounts to customers opting for the Satelinx Tracking Device. The insurance approved Satelinx Tracking unit is one of the most efficient antitheft devices on the market providing truly value added driver and vehicle safety to its customer base.

May 24, 2005 -- Satelinx International Inc. (OTC:SLXI), a global provider of satellite vehicle tracking services, announced today that it has signed a multi-year agreement valued at $84 million U.S. with India-based financial services provider, Elkay Finance Ltd. Under the terms of this five-year agreement, Elkay Finance Ltd. will market Satelinx's tracking device in India, where it is expected that yearly residual revenues alone will grow to over $18 million U.S. over the next 18 months.

May 16, 2005 - Satelinx International Inc. (OTC:SLXI), a global provider of satellite vehicle tracking services, announced today that it has completed the development of a personal tracking device needed for Homeland Security, Immigration, Tribunals and several other agencies. Pending government approval, the company will launch the device in the United States and Canada within the month.

May 12, 2005 - Satelinx International Inc.(Other OTC:SLXI), a global provider of satellite vehicle tracking services, announced today that it had received an order for 10,000 tracking units and a master operating software license from a Malaysian group whom will be operating the Satelinx Malaysia franchise. The deal is valued at more than $10,200,000 over three years with 35% paid on delivery.

 

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MARKET INFO

Company Name: Satelinx International

Stock Symbol: SLXI

Exchange: OTC Pink Sheets

Recent Price: $0.35

Shares Outstanding: 41.3M

Market Cap: $13.6 Million (Approx)

52-Week High/Low: $2.22/$0.20

Website: http://www.satelinx.com

 


SATELINX Executive Management Team
................................................... Corporate Profiles

Satelinx Tracking Systems Inc. was founded by a team determined to develop an effective and inexpensive loss prevention device to recover stolen vehicles. The founders worked on an idea to create a tracking device that, when installed in a vehicle or mobile asset, could signal its location anywhere across North America with almost pinpoint accuracy using GPS/ GSM and GPRS wireless network technologies.

SAMUEL GRINFELD - President and CEO – Director
Mr. Grinfeld became one of the founders of Satelinx Tracking Systems and currently serves as its president, responsible for the overall corporate strategy, as well as establishing and fostering key partnerships and new market opportunities, both
nationally and internationally. Mr. Grinfeld has over 15 years experience in all aspects of the automotive and security industry. His background is supported by significant expertise accumulated in sales, security and vehicle-armoring systems
environments since 1985. Having owned and managed a number of businesses and successful investment ventures, Mr. Grinfeld’s hands-on knowledge in business management, security and entrepreneurship will lead Satelinx's executive team, overall company growth and strategic worldwide marketing initiatives.

COSIMO SALERNO - Vice President and COO – Chief Operating Officer
Bringing over 30 years of sales and business development experience, Mr. Cosimo Salerno in his current role, is responsible for the overall operations of Satelinx Tracking Systems and is involved in all key corporate decisions.  He is responsible for the strategic direction and business development-related activities within Satelinx. His successful career was achieved through the acquisition of critical leadership and communication skills as well as the evaluation and testing of evolving management concepts and methods. As the chief operating officer in both established and start-up companies, he led strategic planning processes, developed market strategies, re-structured organizations, initiated and implemented new technologies to complete numerous large projects in both the private and public sectors.

STEPHEN SPYROPOULOS - CFO - Chief Financial Officer
Educated in Montreal, Quebec, Mr. Spyropoulos received a degree in administration at Concordia University. He has been active in the stock market with such firms as Norshields and as a licensed commodities trader for the last twenty years. Thoughout his career he has acquired a profound insight into the workings of finance in publicly traded companies. Mr Spyropoulos brings with him the necessary skills for oversight on the management of the company's financial health and interactions with the various legislative bodies involved in the company's evolution.. Amongst his many duties he will principally be responsible for supervision of the company's initial public offering through the NASDAQ and subsequently maintain it's listing as well oversight on the expenditures and acquisitions of the firm.

DOMENIC TRIMARCHI - Vice President Business Affairs
Mr.Trimarchi graduated from Loyola of Montreal with a Bachelors degree in Economics in 1972 and worked for over 10 years as credit and marketing manager for the Toronto Dominion Bank. Mr Trimarchi also served for 25 years as vice president finance for two large international music and video distributors. He was responsible for all financial matters including regulatory reporting, managing corporate budgets, business and human relations and overseeing legal contracts and licensing agreements. Mr. Trimarchi also took a very active roll in the opening and development of sales in the international markets. His extensive background and major contacts have opened doors in the expansion of the companies representation into the international markets.

 

 

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