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Newsroom - Clients - BMRX
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. Sells Out First Orders for the Master Lock smartTOUCH(TM) Garage Door Opener
JERICHO, N.Y., June 7 /PRNewswire-FirstCall/ -- bioMETRX, Inc. (OTC Bulletin Board: BMRX - News), a leading developer and supplier of fingerscan solutions, today announced that it is has shipped and sold out its initial inventory of the Master Lock smartTOUCH(TM) Garage Door Opener, the industry's most accurate and robust finger scanning garage door opener and the first of its kind available to consumers. The Master Lock smartTOUCH(TM) GDO is a universal wireless finger activated garage door switch that can be used by children, the elderly, and is perfect for those with on-the-go lifestyles.
"Our company continues to receive an enormous amount of interest in the Master Lock smartTOUCH(TM) Garage Door Opener," stated Lorraine Yarde, Chief Operating Officer for bioMETRX, Inc. "We have continued to receive retail orders; and along with the shipments that have just commenced, additional orders are scheduled to be shipped within a few weeks," added Ms. Yarde.
The GDO product had undergone design and packaging changes, including a cosmetic makeover to reflect the recently announced partnership between bioMETRX, Inc. and Master Lock. "Partnering with the Master Lock trusted brand will help consumers get comfortable with this new technology," stated Shep Doniger of Black Dog Communications Group, Inc. which represents bioMETRX, Inc. "This product will revolutionize an archaic garage door industry by focusing on what the consumers want: convenience and security, instead of what prior technologies dictated," Mr. Doniger added.
The Company's product have been featured on The Discovery Channel's reality show It Takes a Thief, Home and Garden Television's I Want That!, and is expected to appear on CNN Technology and Innovations in July. "We have reached the point where design, functionality, technology, universality and convenience converge to benefit consumers, making their lives easier," noted Ms. Yarde.
"Anticipation for this product has been building and we are pleased to announce that we have temporarily sold out of our inventory. We are taking steps now to increase inventory volumes to meet current and future demand," Ms. Yarde went on to say. "This product has been designed to work with all automatic garage door openers from Liftmaster, Craftsman, Genie, Marantec, Wayne-Dalton, Stanley and many others; and unlike the limitations of other devices, our units can be programmed with up to 20 individual users so kids, grandparents, and dayworkers will never need to remember or accidentally divulge a PIN code".
About bioMETRX, Inc.
bioMETRX, Inc. designs, develops and markets biometrics-based products to the consumer, medical devices and small business markets under the common brand name -- smartTOUCH(TM); bioMETRX Technologies, Inc. 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.
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: This release may contain certain forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995 with respect to bioMETRX's business, financial condition or results of operations, as well as matters of timing and the prospective terms of any 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's 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's filings with the Securities and Exchange Commission.
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About bioMETRX, Inc.
bioMETRX, Inc. is focused on the design, development and engineering of biometrics products for consumers. The company's first product, the smartTOUCHª Garage Door Opener received its first order of 22,000 units from a major U.S. retailer.
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