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April 23, 2007 - 10:52 AM EDT
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Sequiam Biometrics Adds 200th Reseller Location for Its Consumer Biometric Product Line
Sequiam Biometrics, Inc. (OTCBB: SQUM), a leading provider of innovative consumer lifestyle biometric technologies and services, announced today that they have added their 200th reseller location. The majority of these new sales locations have been added within the last 60 days due to the recent expansion of the sales and business development department.
Sequiam is leading the evolution of biometrics in the consumer market by bringing low-cost, user-friendly and convenient biometric products to the masses. The recent reseller network growth includes many demographics including but not limited to, biometric, electronic, sporting goods, gun, locksmith, home improvement, and security stores. Consumer biometric products are a relatively new concept for some of the new resellers but they are already enjoying great success with a growing and receptive market.
Kevin Henderson, President of Sequiam Biometrics, Inc., said "We are excited to have such an aggressive lineup of retailers and we are adding new accounts every day. The vast majority of new resellers have already re-ordered. We will continue to reach out to retailers interested in Sequiam's exciting biometric technologies. I'm encouraged that our retail channel partners will be second to none by the end of the year."
Sequiam plans to release a number of innovative biometric products throughout its 2007 fiscal year, with the latest, the BioBox, a compact version of the Biovault 2.0, being unveiled last week at the National Rifle Association Annual Meetings and Exhibits in St. Louis, Missouri.
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 Biometric's 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 www.sequiam.com
Safe Harbor Statement -- Forward-Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company and its subsidiaries. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by the company may differ materially from these statements due to a number of factors. Any forward-looking statements speak only as of the date made. Statements made in this document that are not purely historical are forward-looking statements, including any statements as to beliefs, plans, expectations, or intentions regarding the future. Risk factors that may cause results to differ from projections include, without limitation, loss of suppliers, loss of customers, inadequate capital, competition, loss of key executives, declining prices, and other economic factors. The company assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions. Additional factors can be found in our annual report on form 10-KSB for the fiscal year ended December 31, 2005, and our other filings with the SEC which are available at the SEC's Internet site (www.sec.gov). Forward-looking statements in this press release speak only as of the date of this press release, and we assume no obligation to update forward-looking statements or the reasons why actual results could differ.
Contact:
Kevin Henderson
407-541-0773
Source: Market Wire (April 23, 2007 - 10:52 AM EDT)
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