Invisa, Inc.(OTCBB:INSA) today announced that the Company's Chief Operating Officer, Mr. Carl Parks, has been promoted by the Board to President and COO. In addition to his new responsibilities, Mr. Parks will continue in his role as Chief Operating Officer. Mr. Steve Michael, former acting President and one of the founders of the Company, will continue to serve as Chairman of the Board of Directors. Mr. Parks is an industry veteran who has been running much of Invisa's day-to-day operations and has been integral to developing and expanding the Company's Parking Gate Safety OEM Partner Program. In addition, Carl has been instrumental in positioning the Company's technology to provide innovative solutions in a number of new market applications including swimming pool safety and museum security. Steve Michael, Chairman of Invisa, commented: "Carl is one of the pioneers of our approach to the sensing industry and has been responsible for helping to steer Invisa into several areas that we believe will provide great benefit to the Company and our shareholders. I knew Carl for quite some time before bringing him into the Company years ago, and I remain highly confident in his diverse set of capabilities. I have had an extraordinary relationship with Carl through Invisa's evolution and I believe there is no one better prepared at this time to take Invisa to the next level. Carl is a very strong executive and capable leader. When those strengths are coupled with the new marketing and strategic expertise we enjoy as a result of Bill Hildebrand joining Invisa, I have no doubt that the Company will continue to grow and deliver innovative, industry changing solutions with our estate of proprietary presence sensing technologies." Mr. Parks stated, "I am very excited about the new opportunities and challenges for me and for the Company as we move to make Invisa's technology the industry standard for non-contact sensing applications." Mr. Parks joined Invisa in August 2001 as VP operations and became COO in January, 2002. Prior to joining Invisa, Mr. Parks served in varying capacities spanning 20 years at several electronic manufacturing services companies. Mr. Parks has built a solid reputation for being a "hands on, take charge leader" and has the benefit of having been directly involved with the Company's operations, growth and evolution from the very early days. About Invisa Invisa presence-sensing solutions serve the electronic life safety and security markets. Invisa's proprietary InvisaShield(R) technology is based upon capacitive sensing and is resistant to known methods of circumvention without employing infrared, laser, ultrasound or microwave radiation. InvisaShield can detect intruders who violate a sensing zone ranging from millimeters up to 1 meter. Invisa's SmartGate(R) safety system generates an invisible protective field that moves with and precedes the potentially hazardous leading edge of powered gates, garage doors, sliding doors and other powered closures. With an estimated 60,000 new parking control gates installed each year, and an installed base of over 1,000,000 gates worldwide, an enormous market currently exists for Invisa's SmartGate technology. In addition to parking gates, Invisa is currently developing a similar line of products based on its patented InvisaShield(R) technology for the overhead, garage and industrial door markets and for the museum security market. For information about SmartGate(R) products or the patented InvisaShield(R) technology, visit http://www.invisa.com or call 941-355-9361. A video of SmartGate in action can be viewed at the company Web site. This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the company's current beliefs and are based upon currently available information. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. Factors which may cause such differences include the company's ability to meet planned delivery schedules, cancellation of orders, and other risks disclosed in the company's SEC filings. The company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information covered in this press release, including such forward-looking statements.
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