Published: September 20, 2004
Remote Knowledge Begins First rk3000 Production Run at Suntron
Units Directed to Marine Sales Channels
Remote Knowledge, Inc. , a
developer of remote communications solutions, today announced the first
production run of 100 rk3000 monitoring and communications units for the
marine market at the Houston, Texas, facility of its manufacturing partner,
Suntron Corporation.
The rk3000 is an end-to-end marine telematics solution that connects
boaters to their vessel and shore contacts through a combination of leading
satellite, cellular and GPS technologies for asset tracking and
communications purposes.
"We are excited to release production of the first units intended for use
by customers in the U.S. and select international marine markets," said
Remote Knowledge Chief Executive Officer Randy Bayne. "We are extremely
pleased in the quality of manufacturing and engineering expertise provided
by our partner, Suntron. Over the past year, both companies have worked to
complete the final design of the rk3000 system, and both are now ready to
commence manufacturing and delivery of our telematics product to Remote
Knowledge's marine customers. We look forward to a continued and strong
relationship with Suntron in the future."
Mike Eblin, Chief Operating Officer of Suntron, said, "Suntron possesses a
vertical integration strategy that enables us to improve time-to-market for
Remote Knowledge as well as enhance their manufacturing flexibility. We are
looking forward to strengthening our relationship with Remote Knowledge
throughout the entire rk3000 product life cycle."
About Remote Knowledge
Remote Knowledge, Inc., based in Houston, Texas, develops, markets and
delivers end-to-end communications and innovative asset management
solutions to remote regions anywhere in the world. Enabled by its
proprietary telematics technologies, Remote Knowledge provides real-time
location-based services via two-way wireless data transfer linked with GPS
connectivity. Remote Knowledge's products are designed to service the
marine pleasure craft, recreational vehicle, commercial maritime,
construction, and oil and gas industries.
About Suntron Corporation
Suntron delivers complete manufacturing services and solutions to support
the entire life cycle of complex products in the semiconductor capital
equipment, aerospace and defense, medical and industrial markets.
Headquartered in Phoenix, Arizona, Suntron operates seven full-service,
assembly facilities and two quick-turn assembly facilities in North
America. Suntron is involved in printed circuit card assembly, cable and
harness production, plastic injection molding, sheet metal, product design,
engineering services, and full systems integration and test. The Company
has approximately 2,750 employees and contract workers.
Forward-Looking Statements
This information contains forward-looking statements that relate to our
business. Such statements are not guarantees for future performance, and
actual results could differ materially from those expressed or implied in
such statements as a result of certain factors. All statements, other than
statements of historical facts, included in this information that address
activities, events or developments that we expect, believe, intend or
anticipate will or may occur in the future, including the following
matters, are forward-looking statements. These statements are based on
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circumstances. These forward-looking statements are subject to risks and
uncertainties, including those associated with the availability of
additional financing on favorable conditions; general economic; market and
business opportunities that may be presented to and pursued by us; changes
in laws or regulations; and successful exploitation of our market
opportunities. Significant factors that could prevent us from achieving our
stated goals include our inability to obtain financing for research and
development, manufacturing, and marketing expenditures, our inability to
compete against existing or future competitors, a substantial increase in
the cost of our products; declines in the market prices for our products;
and adverse changes in our target markets. We undertake no obligation to
release publicly any revisions to any forward-looking statements to reflect
events or circumstances after the date hereof or to reflect the occurrence
of unanticipated events.
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