October 29, 2008
Edgetech International, Inc., And National Safe Drivers Execute Agreement to Launch The PC Edge Auto Club; a GPS-Based Roadside Assistance Program
Edgetech International, Inc. (together with its wholly-owned subsidiary, "Edgetech" or the "Company") (PINKSHEETS: EGIL) is pleased to announce that the Company has executed an agreement to provide GPS-based Roadside Assistance through The PC Edge device. In addition to this user experience enhancement on the device, this agreement also represents a substantial revenue opportunity. The agreement allows Edgetech International to purchase NSD services at a wholesale rate and then resell them at retail. The revenues will be generated on a monthly per user basis.
The PC Edge Auto Club will provide members with a low cost high value roadside assistance program. In addition to roadside assistance, members will receive an Ultimate Discount Package which includes automotive discounts at Aamco, Jiffy Lube, Maaco, Meineke, and Precision Tune Auto Care. They also will receive car rental savings through Alamo, Avis, Budget, Thrifty, Dollar, even RV Rentals through Cruise America RV Rental and Sales. Additional Discounts are offered on Theme Parks, such as Sea World, Busch Gardens, Adventure Island, Sesame Place, and Water Country USA. As well as travel discounts made available through Marathon Travel and Cruise Shops. Membership also gives discounts at Vision Express, with the largest selection of brand name lenses and sunglasses, including glass permeable, Acuvu, Optima, Sureview, and Focus. Another program included in membership is the Rx Prescription Program. This offers discounts on prescription drugs at over 51,000 pharmacies nationwide. This program gives significant savings through mail orders, walk-in situations, and through "preferred pricing" program.
"The PC Edge" is the Fastest Mobile Internet Device which delivers High Speed Internet Access, displaying full HTML web pages, graphics and java script. "The PC Edge" offers a desktop web experience, together with a full QWERTY keyboard, access to Office Suite of programs, 50 GB storage and Remote PC Access.
Edgetech CEO Lev Parnas stated, "This is a prime example of our company's focus on providing enhanced services not only on The PC Edge device, but also impacting the other important aspects of life, such as travel, health, and safety. Our ability to apply GPS technology to these types of applications allows us to offer new best in industry solutions for our customer's everyday requirements."
Product Director for National Safe Drivers John Moore stated, "NSD is looking forward to our partnership with The PC Edge. The relationship is an exciting one because it fits with the technology driven direction of our company as well as today's society. The PC Edge Roadside Assistance program will literally keep control of a negative situation at the fingertips of the customer and turn it in to a positive one. The PC Edge is setting the standards for cutting edge technology to integrate needed services and engaging the customer at levels much higher than anything we have seen so far and NSD is proud to be a part of it."
About Nation Safe Drivers:
Since 1962, Nation Safe Drivers is a leading provider of business to business roadside assistance and concierge services nationwide. Nation Safe Drivers provides roadside assistance benefits to over nine million families within associations, financial institutions, insurance companies, service contract and automotive warranty companies. In addition to roadside assistance and motor club services Nation Safe Drivers offers upwards of 65 other "niche" products to their business partners. The company looks to help their partners stay competitive in their various markets by developing products and services that deliver high value and help them differentiate themselves from the competition.
About Edgetech International:
We are an authorized distributor of "The PC Edge.""The PC Edge" is the Fastest Mobile Internet Device which delivers High Speed Internet Access, displaying full HTML web pages, graphics and java script. "The PC Edge" offers a desktop web experience, together with a full QWERTY Keyboard, Access to Office Suite of programs, 50 GB storage and Remote PC Access.
The Company's executive office facility is located at 4401 W Tradewinds Ave, suite 201, Lauderdale by the Sea, Florida 33308. Its telephone number is 954-772-7782 and its website address is www.thepcedge.com.
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate,""believe,""estimate,""expect,""intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, including but not limited to the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, which is dependent upon its ability to secure additional needed capital, the level of costs incurred in connection with the Company's planned expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements.
Contact: Sales and Marketing Edgetech International, Inc. Keith R. Jones Vice President of Sales Telephone No. 954-772-7782 www.thepcedge.com Investor Relations InvestSource, Inc. Paul Salay Telephone:714-847-2460x103
SOURCE: Edgetech International, Inc.