Compress Technologies and Pegasus Data Announces Technical Demonstration of FM-SCA
Compress Technologies and Pegasus Data Announces Technical Demonstration of FM-SCA
SARASOTA, Fla., Aug. 9 /PRNewswire-FirstCall/ -- Compress Technologies, Inc. (Pink Sheets: CTLG.PK) and Pegasus Data, Inc. of Edison, New Jersey today jointly announced a technical demonstration of the latest version of FM-SCA equipment in Melbourne, Florida. Select engineers from the NASA / Cape Canaveral area have been invited to observe and comment on this revolutionary technology. The inventor and president of Pegasus Data, Harold Walker will be the lead presenter. The moderator of the demonstration will be Tom Terwilliger, CTO of CTLG. Melbourne, Florida was chosen for the demonstration site because of the wealth of engineering and specifically RF engineering talent engaged in or having completed projects for such entities as NASA, DOD, Homeland Security and others.
ABOUT COMPRESS TECHNOLOGIES, INC. - Compress Technologies, Inc., (CTLG), is a Nevada based technology company with regional offices in the Tampa, Florida area and Engineering laboratories in Miami, Florida. CTLG has garnered a group of Patented and protected core technology solutions utilizing both hardware and software applications designed to greatly improve the efficiencies of bandwidth and Network Topographies for the Cable TV, FM-SCA Radio, Satellite and Wireless Industries. Many of CTLG's technologies in short claim that they without loss of integrity shrink the size of digital packets to about 2% to 5% of their original size.
You may have heard of HD or 'High Definition' radio being advertised as the new wave of radio. CTLG's technology goes beyond High Definition to HDE (High Definition Expanded) radio. CTLG's High Definition Expanded radio offers more than just one or two new programs next to an existing FM radio station. Currently CTLG engineers have developed HDE to 15 channels and expect soon to move the capacity to (50) fifty MPEG 3 fully digital channels next to an existing FM radio station.
CTLG is in various stages of negotiations with several potential major companies interested in CTLG's application technology for International and Domestic deployment.
ADDITIONAL INFORMATION about Compress Technologies, Inc., as well as Corporate structure and stock capitalization, can be viewed on the Company's Web site: http://www.coteinc.com/.
SAFE HARBOR
Forward-looking statements made in this release are made pursuant to the 'safe harbor' provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by Compress Technologies, Inc. are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward- looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Compress Technologies, Inc. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition.
First Call Analyst:
FCMN Contact:
Source: Compress Technologies, Inc.
CONTACT: Thomas Terwilliger of Compress Technologies, +1-786-267-7444;
or for Investor Relations information, investor_relations@coteinc.com
Web site:
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