HALIFAX, NS and BOULDER, CO, Feb. 2 /CNW/ - SolutionInc Technologies
Limited (TSX-VEN: STL), a leader in Internet management, provisioning and
billing, and Fast Data Technology have joined forces to add web content
control as a new offering to SolutionInc's portfolio of services.
Fast Data Technology is a content control and content analysis technology
leader. The company's proprietary technology allows the Internet provider or
organization offering the service to restrict content.
"As Internet access becomes available almost everywhere and accessible by
anyone, it is important for Internet service providers and other organizations
offering Internet service to protect their assets and images," says Glen
Lavigne, President and CEO of SolutionInc. "Our Internet access solution with
content control can benefit all of our customers in different ways. For
example, an office building may wish to restrict categories such as online
shopping, instant messaging, games and gambling to maintain or increase
employee productivity. A family hotel may wish to block adult material, hate,
crime, and violence categories to protect children or unsuspecting eyes and
ears from inappropriate content."
"SolutionInc understands the unique challenges and business requirements
of each type of customer, whether it is an Internet service provider, hotel,
convention center or a multiple dwelling and tenant unit. Fast Data Tech's
content control solution is in line with the flexibility and customization
abilities that have made SolutionInc products and services so successful," Don
Gruidel, President for Fast Data Technology comments. "We are pleased to be
working with a leader in the Internet management space and are looking forward
to growing our customer base together."
SolutionInc Technologies Limited also announced today it has agreed,
subject to regulatory approval, that 5,000,000 common shares of the Company
will be issued to debt holders of the Company to pay and extinguish $500,000
of the Company's debt.
About SolutionInc Limited
SolutionInc Limited offers a simple, flexible, and robust IP provisioning
engine that makes it easy for hotels, organizations, cable operators and
telephone companies to deploy secure high speed Internet in Wi-Fi or wired
environments, providing a seamless experience for users. The IP management
system includes award-winning Internet provisioning, authentication, and
billing software, SolutionIP(TM). SolutionInc offers products and services for
the hospitality, convention center, property management, health care, cable,
and Internet service provider industries.
SolutionInc is a trademark and a wholly owned subsidiary of SolutionInc
Technologies Limited (TSX-VEN:STL). All other trademarks are the property of
their respective holders. For more information visit www.solutioninc.com
About Fast Data Technology
Fast Data Technology is a leader in Internet content control and
analysis, powered by proprietary dynamic artificial intelligence technology
that can be integrated into a variety of products and platforms. The
FastTracker technology provides OEM partners with the ability to facilitate
increased productivity, reduced bandwidth drain, improved security, decreased
Internet liability concerns, and the creation of family friendly environments.
Fast Data Technology is headquartered in Boulder, Colorado. For more
information visit www.fastdatatech.com
SolutionInc Disclaimer: This press release may contain forward-looking
statements involving the company's expectations about future financial results
and other matters. These statements reflect management's current forecast of
certain aspects of the company's future business. These forward-looking
statements are subject to certain risks and uncertainties that could cause
actual results of operations to differ materially from historical results or
current expectations. The words "plan", "expect", "believe", "intend",
"anticipate", "forecast", "target", "estimate" and similar expressions
identify forward-looking statements. Risk factors include shifts in customer
demand, product shipment schedules, product mix, competitive products and
pricing, technological shifts and other variables. Readers are referred to
SolutionInc's most recent reports filed with the TSX venture exchange and
located at www.sedar.com for a more complete discussion of the other risks and
uncertainties. The factors underlying forecasts speak only as of the date they
are given and do not necessarily reflect the company's outlook at any other
point in time. The company does not undertake to update or review these
forward-looking statements.
%SEDAR: 00008710E
For further information: Media Contacts: SolutionInc Limited, Natalie
Doyle Oldfield, VP Marketing, Office: (902) 422-1647,
ndoldfield@solutioninc.com; Fast Data Technology: Marlena Rich, Director
Business Development, (303) 443-9808, ext 23, mrich@fastdatatech.com
