DELRAY BEACH, FL -- February 26, 2015 -- InvestorsHub NewsWire
-- InterCore, Inc. (OTCQB:
ICOR) is pleased to announce that its Driver Alertness
Detection System (DADS™) will be deployed in a trial installation
by SAMCO (Saigon Transportation Mechanical Corporation),
Vietnam.
SAMCO is a State-owned enterprise known for its manufacturing
and mechanical engineering capabilities, with annual sales in
excess of US$500 million. SAMCO is a major manufacturer of various
and specialized vehicles, including passenger cars and busses, as
well as ships.
"We are delighted to be selected to partner with SAMCO in this
demonstration project and are excited by the opportunity this trial
represents for DADS," said James F. Groelinger, President and Chief
Executive Officer of InterCore, Inc. "We believe that deployment of
DADS in the transport industry will result in significant
reductions in accidents caused by the loss of driver alertness,
with commensurate reductions in lives lost and property
damaged."
The DADS trial, expected to begin by April 2015, marks the first
such trial in Asia. The DADS service is currently in a pilot
program in more than 5,700 trucks operating throughout Canada and
the US
About InterCore, Inc.
InterCore, Inc. (OTCQB:
ICOR) is a public company focused on the commercialization and
deployment of the DADS™ service and related products through its
subsidiary, InterCore Research Canada, Inc. Designed around
proprietary alertness detection technologies, DADS™ helps alert
operators to their work activity capability based on real-time
monitoring of their state of alertness. www.intercoreinc.com.
About SAMCO
Saigon Transportation Mechanical Corporation (SAMCO) is a
State-owned enterprise primarily engaged in the production of
transportation mechanical products and provision of high-quality
transport services. SAMCO has been designated by the government of
Vietnam as one of five corporations undertaking the development of
Vietnam's automotive industry. http://www.samco.com.vn/
Forward Looking Statements
This news release contains certain "forward-looking statements."
Forward-looking statements are based on current expectations and
assumptions and are inherently subject to risks and uncertainties,
some of which cannot be predicted or quantified, and many of which
are beyond the Company's control. The forward-looking statements
are also identified through the use of words "believe," "enable,"
"may," "will," "could," "intends," "estimate," "anticipate,"
"plan," "predict," "probable," "potential," "possible," "should,"
"continue," and other words of similar meaning. Actual results
could differ materially from these forward-looking statements as a
result of a number of risk factors detailed in the Company's
periodic reports filed with the U.S. Securities and Exchange
Commission via the Edgar system. Given these risks and
uncertainties, investors are cautioned not to place undue reliance
on such forward-looking statements and no assurances can be given
that such statements will be achieved.