SQUM
--The National Rifle Association of America (NRA) and Sequiam Corporation. Sequiam Biometrics, Inc., a wholly owned subsidiary of Sequiam Corporation (OTCBB:SQUM), announced the intention of the NRA and Sequiam to enter into a licensing agreement through which the BioVault(TM), a secure gun safe that utilizes patent pending technology and protocols to recognize a person's fingerprint to unlock, will be offered for sale to NRA members.
The BioVault(TM) will be offered for sale online and will be featured among the products offered in connection with the NRASafe(TM) program that the NRA announced at its annual meeting of members in Orlando, Florida in April. According to Wilson H. Phillips Jr., NRA's Treasurer and Chief Financial Officer, "We are enthusiastic about working with Sequiam and the BioVault(TM). We believe they offer an excellent solution for safe gun storage, with both secure and rapid access to a personal firearm."
"We believe that the inclusion of the BioVault(TM) among the NRASafe(TM) products will greatly increase our visibility, which will enhance our ability to develop advanced security technologies and more effectively serve the security needs of both the public and private sectors," said Nick VandenBrekel, Chief Executive Officer of Sequiam Corporation. "We have already made the first sales of BioVault(TM) units, and anticipate the BioVault(TM) and other biometric technologies will revolutionize the way people approach security issues."
National Rifle Association of America 11250 Waples Mill Road Fairfax, VA 22030 Andrew Arulanandam 703/267-3820
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CONTACT: National Rifle Association of America, Fairfax
Andrew Arulanandam, 703/267-3820
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