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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. Commences Shipment on Initial Orders for the smartTOUCH(TM) Garage Door Openers
Company's Enters Consumer Marketplace With Highly Acclaimed Finger Activated Product
JERICHO, N.Y., Dec. 28 /PRNewswire-FirstCall/ -- bioMETRX, Inc. (OTC Bulletin Board: BMRX - News), a leading developer and supplier of finger activated solutions, announced today that it has started to fulfill orders for its smartTOUCH(TM) finger activated garage door opener. After it was featured on HGTV's "I Want That!" in January, the company's website generated approximately 1,200 orders for the unit, which commenced shipping today.
"Our company has enjoyed an enormous amount of interest in the smartTOUCH(TM) Garage Door Opener, a wireless finger activated garage door switch that allows children as young as 5 to come and go without a key," stated Lorraine Yarde, Chief Operating Officer for bioMETRX, Inc. "Since its debut, we have received a large order from The Home Depot, and we are in serious negotiations with several other big box retailers. In addition, our product has caught the interest of the three major garage door opener manufacturers," added Ms. Yarde.
The company's product will be featured on The Discovery Channel's reality show "It Takes a Thief" that is scheduled to air in January. "It's a very exciting time for our company as well as the biometrics market and the residential garage door market. Anticipation for this product has been building for several months and we are proud to say that we are now delivering," stated Ms. Yarde.
Based on orders already received, bioMETRX is on target to ship in excess of 30,000 units to consumers, distributors and retailers by the end of the 1st quarter of 2007 and expects to ship over 150,000 in 2007 for the U.S. Market.
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. 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
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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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