LONDON, Feb. 5, 2004 (PRIMEZONE) -- Auto-Q International, Inc. (OTCBB:AUTQ) announced today that they have been featured on CEOcast.com. In the interview, Paul Spetch, Chief Executive Officer of Auto-Q, discussed the expansion of Auto Q International Inc. into other markets.
"One week ago, we signed a distribution agreement for the United States and Canada with a company based in South Carolina. We envisage developing exports of product in 2004 for monitoring the activities not only of heavy trucks in the United States, but also school buses." Mr. Spetch added, "We would be delighted to get into that market sector as soon as we can. The biggest challenge we face right now is satisfying demand. Orders are building up. We need to grow the infrastructure of the business to satisfy that demand."
The company intends to announce the finalization of the U.S. Distribution agreement in the next few days.
About CEOCAST.com
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About Auto-Q
Auto-Q designs and supplies mobile data acquisition and vehicle tracking systems using global positioning systems and telematics technology. Auto-Q's products are used for vehicle fleet and asset management including tracking, positioning, security, fuel monitoring, navigation, data acquisition and reporting.
Certain statements contained herein are "forward-looking statements" (as such term is defined in the Private Securities Litigation Reform Act of 1995) Because such statements include risks and uncertainties actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include but are not limited to, economic conditions, market acceptance of products, risks in technology, and product development.
For more information on Auto-Q International visit www.auto-q.com .