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Elite Logistics Inc. Announces Memorandum of Understanding With Motorola Latin America and Caribbean RegionAbout PageTrack(TM) Wireless automotive tracking systems have been available for several years. However, they had been prohibitively expensive and therefore the predominant domain of luxury vehicles and large long haul fleets. Elite Logistics' PageTrack(TM) system provides a low-cost approach that will broadly expand the potential markets for IVS products. PageTrack(TM) integrates a GPS receiver, Motorola's CreataLink 2XT transceiver utilizing ReFlex two-way wireless telemetry technology over the SkyTel paging network to provide a cost-effective end-to-end asset locating, command and control system. The PageTrack(TM) family of products has been designed to address the critical need to improve productivity, reduce costs, increase security and improve asset management for mobile assets. PageTrack(TM) can monitor, track (including via the Internet), analyze and control the movement of virtually any object, including ground vehicles, marine vessels, railway equipment and valuable objects in transit. In addition to communicating via a secure Internet link, PageTrack(TM) owners can communicate with, and remotely manage, functions on the vehicle via a two-way pager, a Palm Pilot PDA, an Internet access-enabled cellular phone or by calling Elite's 24-hour Customer Support Control Center. PageTrack(TM) command capabilities can include the unlocking of a vehicle's doors when the keys have been locked inside, remotely commanding the ignition to start to warm it up on cold mornings or cool it down in warm weather, as well as performing many other value-added functions. In addition to monitoring location, PageTrack(TM) capabilities include monitoring sensors on the vehicle or trailer (e.g. door open/close) and notification of events such as alarm or airbag activation. In the event of an installed alarm activation, PageTrack(TM) can automatically notify customers, via a variety of communications means, that the system is alarmed, thus indicating that their vehicle may be in the process of being stolen. The owner can then instruct the PageTrack(TM) unit to trigger an installed alarm, sound the horn, disable the vehicle and/or notify local law enforcement of the vehicle's location. About Motorola Motorola Inc. (NYSE:MOT) is a global leader in providing integrated communications solutions and embedded electronic solutions. Sales in 1999 were $30.9 billion. About Elite Logistics Inc. Elite Logistics Inc. is the parent company of Elite Logistics Services Inc., its wholly owned operating subsidiary based in Freeport, Texas. Elite Logistics Services Inc. is best known for its patent-pending PageTrack(TM) family of Intelligent Vehicle Systems that integrate global positioning systems and two-way wireless telemetry technology to provide Internet-enabled tracking and control of vehicles and other assets. The Company provides a comprehensive solution to the logistics needs of fleet managers and security needs of private vehicle owners. The PageTrack(TM) family of Intelligent Vehicle Systems is distributed within the United States through an expanding network of distributors and dealers. Elite Logistics Inc. is a certified value-added integrator for Motorola (NYSE:MOT) and utilizes the paging network of SkyTel, a subsidiary of MCI WorldCom (Nasdaq:WCOM). Pending final approval of the company's Form 10SB by the SEC, the company's ticker symbol has been changed by the Nasdaq from ELOG (OTCBB:ELOG) to ELOGE (OTCBB:ELOGE). For additional information, visit the company's Internet site at www.elitelog.com. Forward Looking Statements: This release as it relates to future events, revenue projections and other company matters, contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward-looking statements involve risks and uncertainties. For additional information on Elite Logistics Inc., please visit the company's Web site www.elitelog.com or contact Joe Smith, CEO, at 409/230-0222 or e-mail jdsmith@elitelog.com. For additional information on Motorola Inc. please visit the company's Web site at www.motorola.com or contact Bob Turkovic at 954/267-5450. CONTACT: Vollmer, Houston Dan Soine, 713/546-2230 dan@vollmerpr.com or Lauren Coke, 713/546-2230 lauren@vollmerpr.com or Elite Logistics Inc., Freeport Rich Hansen, 409/230-0222 rich@elitelog.com or Motorola Inc. Bob Turkovic, 954/267-5450 www.motorola.com
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