PlasmaTech, Inc. Appoints Industry Veteran as New Vice President of Sales & Marketing
22 March 2010 - 10:30PM
Business Wire
PlasmaTech, Inc. (Pink Sheets: PMAH) is pleased to announce the
appointment of Pete Martin as the company’s vice president of sales
and marketing.
Martin is a successful entrepreneur and a veteran in the card
access and RFID (radio frequency identification) industry. He has a
B.A. from American University (Washington, D.C.) and a Master’s
Degree in International Affairs from George Washington
University.
In 1990, Martin founded Automatic Access Control (AAC) in
Baltimore, Maryland, a company specializing in gate access control
systems combined with RFID applications. After selling AAC in 1995,
he relocated to Atlanta, Georgia, where he founded Access Control
Technologies, also specializing in RFID access solutions, which he
sold in 1998.
In 2000, Martin founded AAID Security Solutions, which grew to
become one of the most prolific integrators of RFID solutions, with
over 4,000 sites installed over a 7-year period. Upon sale of AAID
in 2007, Martin remained as acting president for two years.
Since 2009, Martin has served as president of 1st Choice
Security Systems (Atlanta, Georgia), specializing in RFID solutions
as a stocking distributor to a large reseller base.
“1st Choice and PlasmaTech draw from each other’s strengths and
expertise and have been working closely to bring our complementary
products to market as total security solutions,” stated Marvin
Williams, president of PlasmaTech, Inc. “Pete Martin has repeatedly
demonstrated his ability to build a sales channel and successful
businesses from the ground up, and choosing him as our VP of sales
and marketing was a natural,” Williams added. Williams indicated
that effective immediately, all of PlasmaTech, Inc.’s sales leads
will be developed and serviced through the Atlanta offices of 1st
Choice, with Martin overseeing PlasmaTech’s entire sales
operation.
PlasmaTech Wireless 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, or see the Company’s newest
products at the ISC West Trade Fair in Las Vegas, Nev., March 24th
to 26th, in Booth #2055.
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” “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.
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