PlasmaTech Introduces Universal Circuit Board to OEMs Worldwide
31 December 2009 - 3:50AM
Business Wire
PlasmaTech, Inc. (Pink Sheets:PMAH), a wireless technology
innovator providing solutions to the $120 billion global security
market, announced today it has begun marketing its universal
wireless remote control and access circuit board to Original
Equipment Manufacturers (OEMs) worldwide.
The Company's universal circuit board can be integrated into
almost any existing device, equipment or finished good to allow
that device to send data wirelessly. The Company’s wireless
transmitter has many applications in both the security and
non-security fields; it could be used for the transmission of data
from machines in manufacturing, data collection in oil fields, or
data from valves controlling fluid volumes. Security applications
could be sending data on door and window access to a central
control system. These are but a few of the types of applications
the wireless data transmission device could be installed.
By working with various manufacturers the Company intends to
provide its wireless secure transmitter as an add-on to their
existing products. In many installations where data collection is
required, running wires in just not an option, Plasmatech’s secure
wireless transmitter is the solution.
The wireless transmitter can easily and efficiently create
ad-hoc, peer-to-peer, point-to-multi-point, Star or Mesh networks
for secure and redundant communications. The radio technology can
broadcast as far as 40 miles within specific application
requirements, often where Wi-Fi and other networks are limited. In
addition to new products, PlasmaTech's universal circuit board can
be integrated into a wide variety of existing products, not at all
limited to security applications. Other products features include
up to three years of data transmissions on a two nine volt
batteries, 129 bit AES data encryption and transmits data on a
different frequency every 4.9 micro seconds.
“Our technology is one of the best solutions for integration
into existing product lines requiring secure wireless
communications, with field-tested and proven reliability. As a
result, we believe we have a significant competitive advantage in
the OEM marketplace,” said PlasmaTech President Marvin Williams.
“We are now recruiting sales representatives across the U.S. with
specific experience and contacts in the OEM marketplace. Wireless
OEM data, voice and video modules are on the rise and represent a
promising growth opportunity for PlasmaTech.”
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,” “believe,”
“estimate,” “expect,” “intend” 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.
PlasmaTech (CE) (USOTC:PMAH)
Historical Stock Chart
From Nov 2024 to Dec 2024
PlasmaTech (CE) (USOTC:PMAH)
Historical Stock Chart
From Dec 2023 to Dec 2024