PORT HURON, Mich., Feb. 3, 2005 (PRIMEZONE) -- AVL Global, Inc. (Pink Sheets:AVLL) is pleased to report that it has been experiencing a dramatic increase for its tracking services since the beginning of the New Year. EVA, Inc. has reported the same, with new customers being added at a brisk pace. As reported earlier, AVL has turned over its server operations to EVA, Inc., to service and monitor its former North American clientele base while both companies work together on a revenue sharing basis using the GSM tracking system, which will be handled by AVL.
"New demand is coming from the small vehicle fleet market which will benefit quickly from better asset management using the AVL technology," stated Tyler Fisher President of AVL Global Inc. "Fleet volumes of between 10 - 20 vehicles will offer improved service and realize better profit margins which can be re-injected into better employee benefits." Requests to become distributors of the GSM unit in Europe have also been received. "We expect our bottom line to reflect these improvements in the coming months. Recent mergers and takeovers between Cingular / AT&T and AT&T / SBC are changing the communication landscape. These actions should offer a great opportunity to supply our customers with added services and more competitive communication pricing," added Tyler Fisher.
Forward Looking Statements
Statements regarding financial matters in this press release other than historical facts are `forward-looking statements' within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from the expected results