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Newsroom - Clients - BMTX
The following news and investment research items reflect some of the recent business activity for selected clients of Empire Relations Group, Inc. Additional information for investment research can be found in the featured clients section. News and investment research are for informational purposes only.
bioMETRX, Inc.
bioMETRX, Inc. Announces smartSTAT(TM), World's First Finger Activated Thermostat
smartSTAT(TM) Will Help Control Energy Costs for Homeowners and Businesses
JERICHO, NY--(MARKET WIRE)--Feb 28, 2006 -- bioMETRX, Inc (OTC BB:BMTX.OB - News) announced it is launching smartSTAT™, the world's first biometrics-based thermostat in time for Labor Day. The smartSTAT™ Thermostat requires users to place their finger on a sensor before they can alter the temperature settings of the thermostat. If the person's finger is not recognized by the thermostat, they can't change the settings. With recent energy costs soaring, and the prices of heating oil and natural gas both hitting an all time high, the smartSTAT™ Thermostat reduces energy costs by restricting access to HVAC systems by unauthorized users.
"The patent pending smartSTAT™ Thermostat has been in development for several months and we are very excited about the immediate energy cost savings that this product can create," noted Lorraine Yarde, President of smartTOUCH Consumer Products, Inc., a wholly owned subsidiary of bioMETRX, Inc.
Ms. Yarde continued, "The genesis of this product started with simple observations of thermostats that have been installed in public areas, such as restaurants, shopping malls, and airports, and we noticed that those thermostats were secured by big, ugly clear plastic boxes, most of which were ripped off the walls. We noticed patrons getting up from their tables and actually changing the settings on the thermostats. We also watched employees trying to manipulate thermostats through vent slots on those plastic boxes with paperclips and hangers. Finally, our CEO's 15-year-old son kept changing the temperature settings on his floor of the home in the middle of the night. I think that's the time he decided to put our finger activation technology into a thermostat."
The smartSTAT™ Thermostat is a fully programmable, Energy Star efficient thermostat designed with common programmable features found in other popular thermostats. However, the most unique programmable feature of the smartSTAT™ is that up to 15 users can be authorized to alter temperature settings in a particular environment by simply placing their finger on the device. Should that person no longer require access, you simply delete their fingerprint access. The smartSTAT(TM) is expected to list for $189.95 and should be available through major retailers and through our smartTOUCH™ Certified Dealer Network by Labor Day.
Mark Basile, Chief Executive Officer of bioMETRX, Inc. also commented, "Last month, bioMETRX's first product, the smartTOUCH Garage Door Opener was featured on HGTV's 'I Want That' national television show. Since then, we have received orders exceeding 23,000 units. Today, we are announcing a product that not only simplifies a way to secure a thermostat, but saves consumers and small businesses money. There is a real monetary benefit directly attributable to this product."
About bioMETRX, Inc.
bioMETRX, Inc. through its wholly owned subsidiaries, designs, develops and markets biometrics-based products to the consumer, health information, medical devices and small business markets under the common brand name -- smartTOUCH™; bioMETRX Technologies, Inc. which was acquired in May, 2005 designs and engineers biometrics-based products for the home security, consumer electronics, medical products and patient medical information markets; smartTOUCH Consumer Products, Inc. tests and markets the company's biometrically secured garage door openers, thermostats, deadbolts and home alarm keypads and, smartTOUCH Medical, Inc., designs, tests and markets biometrically secured medical crash carts, rolling medicine carts, portable patient medical information devices and, security and retrieval systems for electronic medical records. bioMETRX, Inc.'s entire product line is branded under the trade name "smartTOUCH(TM)." For more information on bioMETRX and/or the company's smartTOUCH line of products including the Garage Door Opener, visit the Company website at http://www.biometrx.net.
Safe Harbor Statement: Forward-looking statements in this release with respect to bioMETRX' business, financial condition and results of operations, as well as matters of timing and the prospective terms of the transaction described are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond bioMETRX' control with respect to market acceptance of their technology and/or products, whether financing will be available, the effect of the application of acquisition accounting policies as well as certain other risk factors which are and may be detailed from time to time in bioMETRX' filings with the Securities and Exchange Commission.
Kenneth Maciora
Empire Relations Group Inc.
http://www.empirerelations.com/
Office (516) 750-9719
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About CyberKey Corporation
CyberKey Corporation designs and markets personal storage and data management solutions. All CyberKey patent-pending solutions utilize universal serial bus (USB) and flash memory to create a plug and play solution for mobile data storage.
To link to this corporate profile in our members area click here (You must be a registered member to see profile).
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