Invisa Announces a 4th Generation Digital Sensor Now in OEM Test Phase
07 June 2004 - 11:30PM
PR Newswire (US)
Invisa Announces a 4th Generation Digital Sensor Now in OEM Test
Phase SARASOTA, Fla., June 7 /PRNewswire-FirstCall/ -- Invisa, Inc.
(OTC:INSA) (BULLETIN BOARD: INSA) , an electronic life safety and
security company that has commercialized patented presence-sensing
technologies, announced today that the company has completed the
design and development of a cost- reduced, 4th generation digital
version of its SmartGate(R) safety system for powered closures,
SmartGate III. SmartGate III is undergoing evaluation and testing
by manufacturers of powered closure systems. Efforts are underway
to sell and license this solution to the largest companies in
several industry sectors. Herb Lustig, President and CEO of Invisa,
said "At a cost that is substantially lower than today's system,
the 4th generation digital platform has the potential for
widespread market acceptance. We will be able to sell and license
safety solutions at a very attractive price point." The company is
on schedule to start beta trials of the SmartGate III safety system
with select OEMs during the 3rd quarter of 2004. Invisa plans to
begin regular production by year end. With the InvisaShield(TM)
capacitive-sensing technology, SmartGate safety systems generate an
invisible field around the potentially dangerous leading edge of
powered gates, garage doors, sliding doors and other powered
closures. InvisaShield technology is also used in security
applications to detect intruders who violate a sensing zone ranging
from millimeters up to one meter. Invisa sensors have been in
service at a major New England museum since April 2003. Invisa has
developed versatile, reliable, compact next-generation
presence-sensing solutions targeted to the $100 billion-plus global
electronic life safety and security markets. InvisaShield, a robust
and advanced implementation of capacitive sensing technology, is
highly resistant to known methods of circumvention. It does not
employ infrared, laser, ultrasound or microwave radiation. Invisa
holds one patent with six more applications pending. 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.
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. For Product and Technology Information: Visit
http://www.invisa.com/. For Investor Relations: Contact Dave
Gentry, Aurelius Consulting Group, 225 S. Swoope Ave, Suite 214,
Maitland, FL, 407.644.4256; or http://www.runonideas.com/. For
International Investor Relations: Contact J.A. Michie - G.M.
Capital Partners, 800.647.9877 in the U.S. or +41(1)-226-5000 in
Europe. Email: . DATASOURCE: Invisa, Inc. CONTACT: Investor
Relations - Dave Gentry, Aurelius Consulting Group,
+1-407-644-4256, ; International Investor Relations - J.A. Michie
of G.M. Capital Partners, U.S. - 1-800.647.9877, Europe -
+41-1-226-5000, , both for Invisa, Inc. Web site:
http://www.invisa.com/ http://www.runonideas.com/
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