100% profit on 2 month
Statmon Technologies & Harris Broadcast Division Execute Three Year Non-Exclusive Reseller -- Channel Partner Contract
LOS ANGELES, Aug 15, 2006 (BUSINESS WIRE) --
Statmon Technologies Corp. (OTCBB:STCA) announced today that a new three year, non-exclusive reseller contract has been signed with Harris Corporation's (NYSE:HRS) "Broadcast Communications Division" to distribute Statmon's facilities monitoring and remote site control products to Harris's clients in the rapidly evolving worldwide broadcast industry. Under the new three year extended agreement, Harris Corporation will distribute the Statmon branded "Axess" software platform. Axess is a network-based application that remotely monitors devices, networks and systems where automatic control and response is required.
"The prestigious Harris Broadcast group are a strategically important Channel Partner for Statmon," said Mr. Geoffrey Talbot, chief executive officer of Statmon Technologies, who went on to say, "we have had an effective working relationship with Harris since January 2003 and we are pleased for it to continue through this agreement as we pursue domestic and international opportunities."
"We are pleased to continue our relationship with Statmon. The Axess products have excellent capabilities in facility monitoring and remote site control, and are an important part of the solutions we are pleased to bring to broadcasters," said Mr. Dale Mowry, vice president and general manager of Harris Television Broadcast Systems.
About Statmon Technologies
Located in Los Angeles, CA, Statmon Technologies Corp. (www.statmon.com) is a leading software application and integration technologies development company with over 13 years experience providing prepackaged "remote control" and "monitoring" solutions for the broadcast, telecommunications, major corporate and government infrastructures. Positioned as a "Manager of Managers," Statmon's proprietary "Axess" software is designed to manage network operations centers (NOC's), remote sites and wide ranges of devices regardless of brand or technology. Statmon's products have application in all industries where there is a need for the real time control of infrastructure, multiple sites, devices and disparate systems, bi-directionally to a single location.
About Harris Corporation
Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. With headquarters in Melbourne, Florida, the company has annual sales of over $3 billion and more than 13,000 employees -- including 5,500 engineers and scientists -- dedicated to the development of best-in-class assured communications(TM) products, systems, and services. The company's operating divisions serve markets for government communications, RF communications, broadcast communications, and microwave communications. Additional information about Harris Corporation is available at www.harris.com.
This press release contains forward-looking statements. There are certain important factors that could cause results to differ materially from those anticipated by the statements made herein. These factors include, but are not limited to: the general performance of the economy, risks in technology and product development, customer acceptance of new products, the Company's ability to manage its growth, the risks associated with competition, the loss of key personnel and the loss of key customers. Statmon disclaims any obligation to update these forward-looking statements. Investors are urged to be cautious in assessing the impact of such "forward-looking" statements.
SOURCE: Statmon Technologies Corp.
Statmon Technologies Corp. Geoffrey P. Talbot, 310-288-4582 Fax: 310-288-4381 email@example.com
Copyright Business Wire 2006