Signs Additional Contract with “Major Home Improvement Retailer in the U.S.” – Likely Home Depot Previously Mentioned in SEC Filings
bioMETRX, Inc. (OTCBB: BMRX)
JERICHO, N.Y., June 19 /PRNewswire-FirstCall/ — bioMETRX, Inc. (OTC Bulletin Board: BMRX – News), an innovative company that uses state of the art finger activated technology to create stand alone consumer products, announced today that they have executed an additional agreement with a major home improvement retailer in the U.S. for their smartTOUCH(TM) Garage Door Opener. This major U.S. retailer has extended its commitment from 23,000 to 40,000 units of the smartTOUCH(TM) Garage Door Opener, that was first featured on HGTV’s prime time program “I Want That” in January and recently aired again. “There is already such extraordinary interest in this product and it hasn’t even hit the shelves yet. We are thrilled that retailers are as excited as we are about the possibilities that our smartTOUCH(TM) Garage Door Opener promises,” notes Lorraine Yarde, President of smartTOUCH, Inc, bioMETRX’s wholly owned subsidiary that is responsible for marketing the smartTOUCH(TM) Garage Door Opener.
While the execution of this agreement between bioMETRX Inc, and the retailer is a huge step forward for the smartTOUCH(TM) brand, it is especially significant since this is the first major product in the smartTOUCH(TM) line that bioMETRX, Inc. is launching. The smartTOUCH(TM) Garage Door Opener is positioned to be a tremendous success because it will eliminate underlying problems that current garage doors are faced with, such as unauthorized interference by neighbor’s remote garage door openers, unauthorized use of the opener, or simply a user forgetting their PIN code. “What makes smartTOUCH(TM) so fantastic”, explains Lorraine Yarde “is that our product uses the ultimate tamper-proof technology — the users finger.” This is not only a breakthrough for the biometric industry as a whole, but also landmarks the first signs of improvement in consumer acceptance of finger scanning devices.
In addition to supplying the smartTOUCH(TM) Garage Door Opener on the shelves of its 1,800 nationwide locations, this major U.S. home improvement retailer is expected to offer their customers the chance to attend informative sessions demonstrating how easy it is for the homeowner to install, program and operate the smartTOUCH(TM) device themselves. “Our company’s primary focus is on how we can improve on conventional methods of security in a way that fits seamlessly into the lives of our customers,” said Mark R. Basile, Founder and CEO of bioMETRX, Inc. “We are confident that our agreement with this major U.S. retailer will only strengthen our smartTOUCH(TM) brand because we both are working towards bringing products to market that make sense for consumer lifestyles.”
Look for the highly anticipated smartTOUCH(TM) Garage Door Opener to hit the shelves of this major U.S. home improvement retailer September of this year.
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.
Source: bioMETRX, Inc.
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