RFID Technology: C-Chip Enters Into a Sales and Distribution Agreement with PageNet

From Business Wire (press release), CA ... We integrate wireless communications, on-line transactions, software applications, RFID technology, the Internet and, when location is required, GPS technology ...

... C-Chip Technologies Corporation (OTCBB:CCHI) (BERLIN:CCP) is pleased to announce that it has concluded a marketing and distribution agreement with Paging Network of Canada Inc. ("PageNet"), headquartered in Toronto. PageNet is currently the largest paging-only and wireless messaging company in Canada. C-Chip's vehicle tracking solution known as the Shadow series uses PageNet Two-Way data network for wireless communications in Canada and the United States. The Shadow series was commercially introduced in the fall of 2003 and is currently being marketed across North America through a network of distributors and independent agents. With this Agreement, PageNet will be able to expand its offerings to include C-Chip's telemetry services to its business customers. Currently, PageNet can offer paging and wireless messaging services to 75% of Canadians. ...

C-Chip Technologies Corporation is positioned in an emerging and rapidly growing industry which is about interconnecting machines with IT infrastructures and mobile assets. We integrate wireless communications, on-line transactions, software applications, RFID technology, the Internet and, when location is required, GPS technology to enable business users to efficiently access, control and manage remote assets at low costs. The Company's goal is to be recognized as a leading provider of credit management solutions for financial institutions, of security solutions for insurance companies and asset management solutions for car rental companies and urban fleets. The C-Chip(TM) is a new wireless, web-based set of communication tools that offers business users remote access, control, and monitoring of a wide range of assets, including vehicles, office equipment and industrial machinery. It allows selective enabling, disabling and any other commands at will, from anywhere to practically anywhere in North America using the Internet. Applications for the C-Chip(TM) technology offers significant opportunities within the markets for credit, security and asset management solutions.

Paging Network of Canada, Inc. is Canada's largest paging-only and wireless messaging company with approximately 250,000 customers. PageNet provides a full range of paging, smart meter reading and advanced wireless data services with the broadest local, regional and extensive coverage in Canada and the United States at the best price.