Business Services Industry
Satellite Control Technologies Corrects Published Magazine Article
Business Wire, Oct 2, 1997
LAGUNA HILLS, Calif.--(BUSINESS WIRE)--Oct. 2, 1997--Satellite Control Technologies Inc. (OTC/BB:SATX) Thursday reported that it recently discovered that the October 1997 issue of The Money Review contains an erroneously placed "advertorial" about the company and its business prospects.
An advertorial is a term used for an advertisement that is formatted to look and sound like an editorial review. The company stated categorically that the two-page feature contains inaccurate information and should not be relied upon for any purpose whatsoever.
Satellite Control Technologies continues to seek adequate funding to complete and test its Alpha Trak vehicle tracking and locating device.
CONTACT: Bernard M. Snyder/Jeff Sherman, 714/460-4585
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