DELRAY BEACH, FL -- (Marketwired) -- InterCore Research Canada ("IRC"), a wholly-owned subsidiary of Intercore Inc. (OTCQB: ICOR), announced that they are in the initial stage of a pilot program for the use of the DADS? (Driver Alertness Detection System) with 26 trucking companies in the US and Canada.
In addition to these 26 companies, InterCore expects to begin working with an additional 44 trucking companies during the first quarter of this year. These trucking companies operate more than 200,000 commercial vehicles in North America.
Discussions are also progressing with leading European insurance companies, as well as European, Asian, and Australian fleet operators. Based on the expressed needs of these industries, modifications and adjustments to our software and hardware are being developed to further adapt the product to best service clients on a global scale.
One of the biggest modifications to the system is the development of a "smart camera", eliminating the need of a smart phone to operate DADS?. This is being done to accommodate a rapidly expanding trend in the transport industry to ban the presence of a cellphone in the driver cabin.
Also, InterCore is adding new features to its Cloud based services. Additional telemetric features will now be included to assist in enhancing driver and corporate efficiency and safety, such as driver pattern assessment and sleep management programs. These new features are expected to be released during the second quarter 2015 and will be available to assist client companies in Asia, North America, Australia and Europe.
About InterCore, Inc.
InterCore, Inc., (OTCQB: ICOR) is a public company focused on the commercialization and deployment of DADS? and related products through its wholly owned subsidiary, InterCore Research Canada. 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. See http://www.intercoreinc.com.
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.
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