News out, but disclaimer at the end says much of the "meat" in the PR may not happen, IMO. See if the market is interested today. GLTA!
id-Confirm, Inc. Introduces New Portable Biometric Memory Device
Wednesday August 3, 6:30 am ET
DENVER--(BUSINESS WIRE)--Aug. 3, 2005--id-Confirm, Inc. (OTCBB:IDCO - News) today reported it is beginning to move forward from its position as an R&D company and in doing so is proud to announce its one gigabyte (1G) memory device (MD). Our USB flash drive works with any USB-enabled PC. Activated by the owner's unique fingerprint biometric, the IDCO MD creates a secure method of storing and transporting confidential computer files and making them only available to their owner on any computer. To use the device, the owner initializes it to recognize only the owner's biometric. The MD can recognize up to four unique fingerprints. Data information is then stored on the MD and it is removed from the home or office computer. About the size of an adult thumb, the MD is completely portable. To access data files on it, away from the home or office computer, the user merely inserts it into the USB port of any computer, opens it with his or her fingerprint, and then retrieves files in the traditional way.
Selling at retail for $169.95, the IDCO MD has many potential uses -- ranging from corporate America to school-goers. In fact, one private school has already placed an order for 100 MDs with the intent of issuing one to each of its students. With the IDCO MD, students can go from classroom to classroom, taking their work with them and accessing common computers rather than having to carry their own computer. When school is out, the student can merely carry his or her MD home, plug it into a computer, and do homework. The homework easily goes back to school with the student in the morning. Combining the latest in several technologies, the IDCO MD is being manufactured for IDCO in south-east Asia and will be available in volume later this month.
IDCO intends to add this product to its web store, which is currently being developed and will be opening in the near future. Meanwhile, illustrations of the IDCO MD can be accessed on the id-Confirm.com website (www.id-Confirm.com).
About id-Confirm, Inc.
Id-Confirm, Inc. is a Denver, Colorado organization developing and implementing a proprietary biometric solution to the pervasive problem of personal identity theft; fraud prevention; and accurate tracking of the movement of information, people, goods, and services through organizations and along procurement chains.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this news release include our having begun market introduction of our one gigabyte memory device; that our device is activated by the owner's unique fingerprint biometric, which creates a secure method of storing and transporting confidential computer files and making them only available to their owner; that one private school has already placed an order for 100; that it is being manufactured for us in south-east Asia and will be available in volume later this month; and that this product will be added to our web store, which is currently being developed and will be opening in the near future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with the development of an early stage technology company and its products and the entry into new markets for our products; that our product will work as planned; that any orders for our products will be completed and that we will have an acceptable level of returns; that we will be able to successfully arrange for manufacture of the products at a reasonable cost while still ensuring quality control and proprietary information protection; that there will be a market developing for our product; that we can successfully develop a web store; and that competition will not produce and market a better, cheaper product or make our device obsolete. These forward-looking statements are made as of the date of this news release, and id-Confirm assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report on Form 10-KSB, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
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Contact:
id-Confirm, Inc.
Ronald Nelson Baird, President
303-458-5727
Cash is King until further notice!!!
My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.
