InterCore''s Driver Alertness Detection System (DADS(TM)) to Be Used in a Pilot by Vietnamese Automotive Manufacturer SAMCO
(firmenpresse) - DELRAY BEACH, FL -- (Marketwired) -- 02/26/15 -- InterCore, Inc. (OTCQB: ICOR) is pleased to announce that its Driver Alertness Detection System (DADS™) will be deployed in a trial installation by SAMCO (Saigon Transportation Mechanical Corporation), Vietnam.
SAMCO is a State-owned enterprise known for its manufacturing and mechanical engineering capabilities, with annual sales in excess of US$500 million. SAMCO is a major manufacturer of various and specialized vehicles, including passenger cars and busses, as well as ships.
"We are delighted to be selected to partner with SAMCO in this demonstration project and are excited by the opportunity this trial represents for DADS," said James F. Groelinger, President and Chief Executive Officer of InterCore, Inc. "We believe that deployment of DADS in the transport industry will result in significant reductions in accidents caused by the loss of driver alertness, with commensurate reductions in lives lost and property damaged."
The DADS trial, expected to begin by April 2015, marks the first such trial in Asia. The DADS service is currently in a pilot program in more than 5,700 trucks operating throughout Canada and the US
About InterCore, Inc.
InterCore, Inc. (OTCQB: ICOR) is a public company focused on the commercialization and deployment of the DADS™ service and related products through its subsidiary, InterCore Research Canada, Inc. Designed around proprietary alertness detection technologies, DADS™ helps alert operators to their work activity capability based on real-time monitoring of their state of alertness. .
About SAMCO
Saigon Transportation Mechanical Corporation (SAMCO) is a State-owned enterprise primarily engaged in the production of transportation mechanical products and provision of high-quality transport services. SAMCO has been designated by the government of Vietnam as one of five corporations undertaking the development of Vietnam''s automotive industry.
Forward Looking Statements
This news release contains certain "forward-looking statements." Forward-looking statements are based on current expectations and assumptions and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, and many of which are beyond the Company''s control. The forward-looking statements are also identified through the use of words "believe," "enable," "may," "will," "could," "intends," "estimate," "anticipate," "plan," "predict," "probable," "potential," "possible," "should," "continue," and other words of similar meaning. Actual results could differ materially from these forward-looking statements as a result of a number of risk factors detailed in the Company''s periodic reports filed with the U.S. Securities and Exchange Commission via the Edgar system. Given these risks and uncertainties, investors are cautioned not to place undue reliance on such forward-looking statements and no assurances can be given that such statements will be achieved.
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Datum: 26.02.2015 - 07:34 Uhr
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News-ID 1340188
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