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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. Engages Yeebo as Manufacturer
JERICHO, N.Y., Nov. 3 /PRNewswire-FirstCall/ -- bioMETRX Inc., Inc. (OTC Bulletin Board: BMRX - News) announced that it has engaged Yeebo Group as its manufacturer.
bioMETRX, Inc. is the leader in the design, development and manufacturing of consumer based finger activated products in the United States. bioMETRX has focused its efforts on understanding what consumers need to simplify their lives and enhance convenience; and is the first company to introduce a family of consumer centric biometric products to the market that fit seamlessly into their everyday lives. Its product line, marketed under the brand name smartTOUCH(TM), offers consumers improved efficiency, while maintaining cost effectiveness.
Yeebo Group is a publicly traded company listed on the Hang Seng Stock Exchange of Hong Kong Ltd. It's listing code is 259. Yeebo was founded in 1988 by an American, Mr. Rue Marshall. The Yeebo Group is managed by Yeebo core Senior Staff that is made up of executives from Hong Kong, China, Taiwan, Singapore, USA and England. Yeebo is one of the world's premier manufacturers. Headquartered in Hong Kong, Yeebo owns and operates three fabrication plants in nearby China regions. Since 1988, Yeebo has supplied manufacturing services to Hong Kong markets as well as Japan, Taiwan and Korea. Since the year 2000, Yeebo has expanded its business in North America and Europe. Today, Yeebo is known as a World Class Manufacturer.
Yeebo is running at $50 million USD in sales and employees over 5,000 people. The bioMETRX relationship is expected to double Yeebo's manufacturing revenues over the next 36 months.
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(TM). 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'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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