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New President Appointed at Sense Technologies, Inc.

March 25, 2002

Sense Technologies, Inc., a publicly held company announced Mar. 25 that James H. Cotter, formerly Vice President of JPMorgan Securities Global Mergers & Acquisitions Group, has been named president and chief executive officer.According to the company, which holds patents on an automotive Doppler radar system that alerts drivers to potential hazards while backing, it has recently made steps to further develop and commercialize its patent protected technology. The product, Guardian Alert, has a sensor that mounts at the rear of a vehicle and a warning indicator inside the vehicle and can detect objects behind a backing vehicle in all weather conditions. The product can be fitted on existing vehicles as well as new cars and trucks. The company also announced that it is in the process of relocating the headquarters and manufacturing to the Charlotte, NC area. This move will allow for the consolidation of its operations around the country to a single site."With the growing demand for improved safety and vehicle protection, we believe Sense Technologies' patented Doppler radar technology will set the standard in the industry," said Board of Directors member Mark Erwin. "Jim Cotter has the talent and experience to take us to the next level."At JPMorgan Securities and its predecessor Chase Securities, Cotter advised clients regarding business strategy, capital formation, restructuring, mergers, acquisitions and divestitures in several industries including automotive parts, consumer products, chemicals and telecommunications. Mr. Cotter received his M.B.A. from Cornell's Johnson Graduate School of Management.
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