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Re: LoanStew post# 6838

Thursday, 11/01/2007 5:26:21 PM

Thursday, November 01, 2007 5:26:21 PM

Post# of 8740
$500,000 Purchase Order!

The Sharper Image Makes an Initial Order in Excess of $500,000 From Sequiam Biometrics
Thursday November 1, 3:53 pm ET


ORLANDO, FL--(MARKET WIRE)--Nov 1, 2007 -- Sequiam Corporation (OTC BB:SQUM.OB - News), a leading provider of innovative consumer lifestyle biometric technologies and services, announced today that it has received purchase orders in excess of $500,000 for initial shipments of biometric products to be introduced by The Sharper Image via their award-winning web site, their widely distributed catalogs and their 187 retail stores located in premier shopping malls around the country.
Sequiam's consumer biometric technologies create brand new categories of high-quality mass market merchandise. The new product lines are designed for ease of use and accessibility to a wide consumer audience. The initial products are the Sequiam ScanQ biometric computer access pod and the BioBox, a storage container that unlocks with a fingerprint. Sequiam is making first deliveries November 15, 2007. Sequiam expects to introduce additional products with The Sharper Image in 2008.

The ScanQ creates an easy way for consumers to access their PC and common web sites without the need to remember usernames or passwords by simply scanning a fingerprint. The BioBox is the next step in Sequiam's award-winning line of advanced biometric storage containers. The BioBox is slim, ultra portable (weighs only 6 lbs.), simple to use and is small enough to carry under your car's front seat or even inside a brief case. The BioBox is great for storage of valuables such as watches, currency, passports or anything you need to store on the go.

Sequiam Chief Operating Officer Chris Barrow, said, "These products create a perfect launch opportunity for the upcoming holiday season. We look forward to these initial products having a positive impact as we expose millions of shoppers to our innovative biometrically enabled products in the next few months."

About Sequiam

Headquartered in Orlando, Florida, Sequiam Corporation develops, markets, and supports a portfolio of highly robust proprietary biometrically enabled consumer lifestyle and commercial products and OEM solutions. In addition, Sequiam has invested heavily in research and development to develop unique products and solutions for the biometric industry worldwide. Sequiam's biometric solutions incorporate low-cost, high-volume manufacturing processes targeted at the consumer and commercial market. Sequiam is a global company with offices in Taiwan, China, and South Africa. For more information, please visit http://www.sequiam.com.

About The Sharper Image

The Sharper Image is a specialty retailer that is nationally and internationally renowned as a leading source of new, innovative, high-quality products that make life better and more enjoyable. The Company's principal selling channels include 187 Sharper Image specialty stores throughout the United States; the award-winning Sharper Image monthly catalog; and its primary website, http://www.sharperimage.com. The Company also has business-to-business sales teams for marketing its exclusive and proprietary products for corporate incentive and reward programs and wholesale to selected U.S. and international retailers.

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