Sequiam Biometrics Receives $2,250,000 Biometric Equipment Order for Immediate Delivery From CyberKey Solutions
November 29, 2006 - 8:50 am est
CyberKey Solutions, Inc. (CKYS) is pleased to announce that the Company has placed a substantial second order of biometric OEM technology from Sequiam Corporation, a leading provider of innovative consumer lifestyle biometric technology and services.
CyberKey Solutions placed a $2,250,000 order for Sequiam fingerprint identification OEM technology in accordance with the terms of a manufacturing and distribution agreement signed earlier this year between the two companies, in which Sequiam agreed to manufacture biometrics products for CyberKey and is expected to develop and privately label a CyberKey line of biometric security solutions to counter threats of criminal intrusion, privacy violation and identity theft. CyberKey Solutions plans to market and distribute the custom line of products to their military and government customers in the United States.
Nick VandenBrekel, CEO of Sequiam, said, "CyberKey continues to rapidly integrate our biometric OEM solutions into their product line and this order is indicative of how successful CyberKey Solutions is becoming in their respective markets. It is because of companies like CyberKey that biometric technology is finding widespread adoption with a growing number of consumer and professional customers. I look forward to the continued relationship."
"This large second order indicates the level of continued success we are having in implementing Sequiam's biometric technology into our advanced product line. As a result, we continue to provide a new level of security to our customers in the law enforcement, national security, government and defense markets," stated Jim Plant, CEO of CyberKey Solutions, Inc.
About Sequiam: Headquartered in Orlando, Florida, Sequiam Corporation develops, markets, and supports a portfolio of highly robust proprietary biometrically enabled OEM, consumer lifestyle and commercial products/solutions. In addition, Sequiam has invested heavily in research and development to develop unique products/solutions for the biometric industry worldwide. Sequiam Biometrics' 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, Switzerland and South Africa. For more information, please visit http://www.sequiam.com and http://www.sequiambiometrics.com.
About CyberKey Solutions, Inc.: CyberKey Solutions, Inc. is currently fulfilling a $25 Million purchase order to various segments of the U.S. Government. CyberKey Solutions, Inc., based in St. George, Utah, partners with industry leading manufacturers and distributors to deliver secure USB drive-based solutions to vertical markets and content owners, service providers and resellers. CyberKey's solutions solve real world issues in the entertainment, education, government, military, automotive, financial services and medical industries. CyberKey Solutions' technologies allow users to securely transfer large amounts of data, files and applications software from one electronic device to another while employing a patent pending USB-based Digital Rights Management process. CyberKey's solutions create new opportunities for existing industries and applications. For more information, please visit CyberKey's website at http://www.cyberkeysolutions.com.
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