News for 'PMAH' - (PlasmaTech Launches its First Wireless Access Control Product--The 2400DL Wireless Door Lock with Built-in Card Reader)
PMAH News PlasmaTech Launches its First Wireless Access Control Product--The 2400DL Wireless Door Lock with Built-in Card Reader.
Tuesday, January 5, 2010 10:04 PM
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News for 'PMAH' - (PlasmaTech Launches its First Wireless Access Control Product--The 2400DL Wireless Door Lock with Built-in Card Reader)
LAS VEGAS, Jan 05, 2010 (BUSINESS WIRE) -- PlasmaTech, Inc. (Pink Sheets:PMAH),
a wireless technology innovator providing solutions to the $120 billion global
security market, announced today it has officially launched its first wireless
access control product, the 2400DL wireless door lock with built-in card reader.
The 2400DL device remotely controls and helps prevent tampering to all access
points in a business, home, government building, or anywhere the highest
security protocols are required.
PlasmaTech's wireless door lock easily mounts to virtually any door, greatly
reducing the time and construction costs associated with replacing, retrofitting
or removing existing wired security systems. PlasmaTech's engineering recognizes
that with less security personnel and outdated wired systems, a building is left
vulnerable to physical attack or loss of data intelligence. Designed with
today's virtual working environments in mind, PlasmaTech's wireless door locks
provide a cost-effective solution to lessen the risks to building security. The
company's wireless solutions allow organizations to reduce the costs of security
and conserve valuable resources across the enterprise. "Our wireless access
control solutions deliver military-grade security remotely, and with total
wireless control that allows organizations to meet increased security needs
while containing costs, which is certainly an attractive benefit in the current
economic environment," said President of PlasmaTech, Inc. Marvin Williams.
Williams continued, "We anticipate sales agreements for a number of large
installations for the 2400DL." Williams also indicated that the Company is
working with its resellers to various state and local governments on developing
customized wireless access control products that will further demonstrate the
flexibility of its solutions. He said that the Company plans to release a retail
version of the 2400DL for the consumer home market in the latter half of 2010.
Since installation of the PlasmaTech technology does not require replacement of
host or peripheral equipment, the Company reduces the need for complicated
wiring of doors and gates. The card reader data, door position sensing, egress,
lock control and auxiliary inputs and outputs are all controlled remotely using
PlasmaTech proprietary and copyrighted wireless access control technologies,
devices and systems.
About PlasmaTech, Inc.
PlasmaTech, Inc. is an innovator in the development, design, manufacturing and
worldwide marketing of secure wireless solutions for consumer, industrial and
government applications. PlasmaTech's platform technology provides
military-grade encryption security for the transmission of data, voice and video
over wireless data communication links, offering extreme distances that were
previously unachievable in the industry. Visit the Company's website at
www.plasmatechwireless.com.
Statements in this press release may be "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. Words such as
"anticipate," "virtually," "estimate," "expect," "intend," "plans," and similar
expressions, as they relate to the company or its management, identify
forward-looking statements. These statements are based on current expectations,
estimates and projections about the company's business based, in part, on
assumptions made by management. These statements are not guarantees of future
performance and involve risks, uncertainties and assumptions that are difficult
to predict. Therefore, actual outcomes and results may, and probably will,
differ materially from what is expressed or forecasted in such forward-looking
statements due to numerous factors, including those described above and those
risks discussed from time to time in PlasmaTech's filings with the Securities
and Exchange Commission. In addition, such statements could be affected by risks
and uncertainties related to the ability of PlasmaTech to pay its debts to RF
Wireless in order to retain title to PlasmaTech's intellectual property, the
ability of PlasmaTech to effectively manage the intellectual property acquired
from RF Wireless and integrate it into the business of PlasmaTech, product
demand, market and customer acceptance, competition, pricing and development
difficulties, as well as general industry and market conditions and growth rates
and general economic conditions. Any forward-looking statements speak only as of
the date on which they are made, and the company does not undertake any
obligation to update any forward-looking statement to reflect events or
circumstances after the date of this release. Information on PlasmaTech's
website does not constitute a part of this release.
SOURCE: PlasmaTech, Inc.
CONTACT:
PlasmaTech Investor Relations
Madeleine Franco, 702-490-4302
mfranco@plasmatechwireless.com
Copyright Business Wire 2010
-0-
KEYWORD: United States
North America
Nevada
INDUSTRY KEYWORD: Technology
Consumer Electronics
Hardware
Telecommunications
Security
Mobile/Wireless
SUBJECT CODE: Product/Service
Source: Comtext Market News
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