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EX-99.1 - PRESS RELEASE - GeoTraq Inc. | exhibit99_1.htm |
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of
Report (Date of earliest
reported) January
28, 2010
MOBILE
DATA CORP.
|
(Exact
name of registrant as specified in its
chapter)
|
Nevada
|
000-52958
|
00-0000000
|
(State or other jurisdiction of incorporation) |
(Commission
File Number)
|
(I.R.S. Employer Identification No.) |
2033 Gateway Place, 5th Floor, San Jose,
California
|
95110
|
|
(Address of principal executive offices) | (Zip Code) |
Registrant’s
telephone number, including area code (206)
338-2649
Endeavor
Explorations Inc.
|
(Former
name or former address, if changed since last
report)
|
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the Registrant under any of the following
provisions:
[ ] Written
communications pursuant to Rule 425 under the Securities Act (17
CFR230.425)
[ ] Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
[ ] Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
INFORMATION
TO BE INCLUDED IN REPORT
Item
5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On
January 25, 2010, Belkis Jimenez Rivero resigned as the President and
the Chief Executive Officer of Mobile.
Also, on
January 25, 2010, Steven Cozine consented to and was appointed the President and
Chief Executive Officer of Mobile by the board of directors. Mr.
Cozine also consented to and was appointed as an additional director of Mobile
by the Board of Directors on the same day.
Steven
Cozine (45 years old) has been a director, and the President and Chief Executive
Officer of Mobile since January 2010. Mr. Cozine has been the CFO and
a director of Madison Explorations, Inc, since June
2007. From February 2005 to March 2007 Mr. Cozine served
as the primary officer and director of Zandaria Ventures Inc., a U.S. reporting
public company. From May 1993 to August 1999 Mr. Cozine was a
director of Kelso Technologies, Inc., (a British Columbia reporting company),
which he rejoined in Fall 2006 as a Vice President. Mr. Cozine has
over 18 years of experience as a director and officer of publicly listed
companies, serving in the both product development, marketing, and corporate
communications roles. Since 2001, Mr. Cozine has been an independent
consultant working with public companies. Mr. Cozine intends to
devote approximately 15% of his business time to the affairs of
Mobile.
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- 1
Mr.
Cozine does not hold a directorship in any other reporting company, with the
exception of Madison Explorations, Inc., in which Mr. Cozine is a director and
officer.
There is
no family relationship among the directors or officers.
During
the last two years, there has been no transaction or proposed transaction that
Mobile was or is a party to in which Mr. Cozine had or is to have a direct or
indirect material interest.
Item
8.01. Other Events.
On
January 25, 2010, Mobile issued a press release announcing the appointment of
Steven Cozine as the new CEO and President. A copy of this press
release is attached as Exhibit 99.1 and hereby incorporated by
reference.
Item
9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit
|
Description
|
|
99.1
|
Press
release dated January 25, 2010 announcing the appointment of the new CEO
and President.
|
Included
|
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, Mobile Data Corp.
has caused this report to be signed on its behalf by the undersigned duly
authorized person.
MOBILE
DATA CORP.
Dated: January 27,
2010 By: /s/ Steven
Cozine
Steven Cozine – Director and
CEO
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- 2
Exhibit
99.1
Page
- 3
OTC:BB
Symbol: MBYL
PRESS
RELEASEJanuary 25,
2010
Mobile Data Corp. Launches
Corporate Website, and Announces Plans for its MDC GPS Flagship Application to
Target the Growing Market in Smartphone’s
January
25, 2010 San Jose, CA Mobile Data Corp. (OTCBB: MBYL) is pleased to
announce that Mobile has launched its new website at www.mobiledatacorp.com
and is preparing to debut its software application technology to the
marketplace.
The
technology is a software application that will run in the background and collect
and transmit location data to a server. This information will be
invaluable in numerous applications such as location monitoring of motor
vehicles, children, and members of social networking groups.
Mobile
Data Corp. ("MDC") is an
independent software development company whose mandate is to provide solutions
for telecommunications and computer convergence for the year 2010 and
beyond. In October 2009, MDC acquired the right to develop a leading
edge Global Positioning System ("GPS") tracking technology for the latest
generation of GPS enabled Smartphone’s. MDC has commenced research and
development of the technology. The technology is to be marketed under
the name MDC-Tracker™.
MDC has
initially targeted Research in Motion Limited's ("RIM") Storm 2 as the first
device for its MDC-Tracker™ technology. MDC plans to expand support to more
Smartphone’s including future RIM devices, the Apple iPhone and the Google
Android.
The
MDC-Tracker™ technology is being designed to enhance the underlying base
services provided by the Smartphone manufacturer. Software
application programming interfaces (APIs) have been developed to allow third
party developers to rapidly deploy many types of location based services in both
Internet and stand alone modes.
MDC
further announces that Mr. Steven Cozine has replaced Ms. Jimenez Rivero as the
President and CEO effective January 25, 2010.
About Mobile Data
Corp.
Mobile
Data Corp. ("MDC") is an independent software developer whose mandate is to
provide solutions for telecommunications and computer convergence, and to
develop an interface for the use in the Smartphone market that provides the
transference of any type of location based data and metadata. It is
Mobile Data Corp.'s mission to have firmware extensions available and added to
every major Smartphone by the end of 2012.
On behalf
of the Board of Directors,
/s/ Belkis Jimenez
Rivero
Belkis
Jimenez Rivero
Director
& CFO
Mobile
Data Corp.
2033
Gateway Place
5th
Floor
San Jose,
California 95110
Page
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Phone: 1
408 573 6000
Fax: 1
408 437 1201
email:
mobiledatacorp@yahoo.com
Safe Harbor
Statement
Forward-looking
statements in this news release are made pursuant to the "safe harbor"
provisions of the United States Private Securities Litigation Reform Act of
1995. When used herein, words such as "intend" and similar
expressions are intended to identify forward-looking
statements. Forward-looking statements are based on assumptions made
by and information available to Mobile Data Corp. Investors are
cautioned that such forward-looking statements involve risks and
uncertainties. Important factors that could cause actual results to
differ materially from those expressed or implied by such forward-looking
statements include, without limitation, continued acceptance of Mobile’s
products, technological changes and the successful development of new products,
dependence on third-party networks to provide services, dependence on
intellectual property rights, increased levels of competition, possible product
defects and product liability, changes in Canadian and foreign laws and
regulations, significant fluctuations of quarterly operating results, risks
related to international sales and potential foreign currency exchange
fluctuations, the initiation or outcome of litigation, acts or potential acts of
terrorism, international conflicts, and other risks and factors detailed from
time to time in Mobile’s periodic reports filed with the United States
Securities and Exchange Commission, and other regulatory
authorities. Should one or more of these risks or uncertainties
materialize, or should any of Mobile’s underlying assumptions prove incorrect,
actual results may vary materially from those currently anticipated. In
addition, undue reliance should not be placed on Mobile’s forward-looking
statements. Except as required by law, Mobile disclaims any obligation to update
or publicly announce any revisions to any of the forward-looking statements
contained in this press release. This communication to shareholders
and the public contains certain forward-looking statements. Actual results may
differ materially from those indicated by such statements. All
statements, other than statements of historical fact, included herein,
including, without limitations statements regarding future production, are
forward looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. No Stock Exchange has
reviewed nor accepts responsibility for the adequacy or accuracy of this
release.
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