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Message #9
From: NewsBot
Date: October 12, 2006 05:00:00 AM

SQUM News Sequiam Biometrics Receives 325K Biometric Equipment Order for Immediate Delivery from CyberKey Solutions

ORLANDO, Fla.--(BUSINESS WIRE)--Sequiam Corporation (OTCBB:SQUM), a leading provider of innovative consumer lifestyle biometric technology and services receives substantial first order of its biometric OEM technology from CyberKey Solutions.

CyberKey placed a $325,000 order for Sequiam fingerprint identification OEM technology in accordance with the terms of a manufacturing and distribution agreement signed earlier this year between the two companies, in which Sequiam agreed to manufacture biometrics products for CyberKey Solutions and is expected to develop and privately label a CyberKey line of biometric security solutions to counter threats of criminal intrusion, privacy violation and identity theft. CyberKey Solutions plans to market and distribute the custom line of products to their military and government customers in the United States.

"We are meeting and exceeding our objective to provide high quality economical biometric OEM solutions to our clients and look forward to our continued relationship with CyberKey Solutions," said Kevin Henderson, President of Sequiam Biometrics. "We are encouraged about the confidence placed in us by CyberKey and are committed to provide them with the best biometric technology available in the market today."

Jim Plant, CEO of CyberKey Solutions, Inc., stated, “This first order is indicative of the initial success we are having in implementing Sequiam’s biometric technology into our advanced product line and as a result we continue to provide a new level of security to our customers in the law enforcement, national security, government and defense markets.”

About Sequiam

Headquartered in Orlando, Florida, Sequiam Corporation develops, markets, and supports a portfolio of highly robust proprietary biometrically enabled OEM, consumer lifestyle and commercial products/solutions. In addition, Sequiam has invested heavily in research and development to develop unique products/solutions for the biometric industry worldwide. Sequiam Biometrics' solutions incorporate low-cost, high-volume manufacturing processes targeted at the consumer and commercial market. Sequiam is a global company with offices in Taiwan, China, Switzerland and South Africa. For more information, please visit www.sequiam.com and www.sequiambiometrics.com.

About CyberKey Solutions, Inc.

CyberKey® Solutions, Inc. is currently fulfilling a $25 Million purchase order to various segments of the U.S. Government. CyberKey® Solutions, Inc., based in St. George, Utah, partners with industry leading manufacturers and distributors to deliver secure USB drive based solutions to vertical markets and content owners, service providers and resellers. CyberKey's solutions solve real world issues in the entertainment, education, government, military, automotive, financial services and medical industries. CyberKey Solutions' technologies allow users to securely transfer large amounts of data, files and applications software from one electronic device to another while employing a patent pending USB-based Digital Rights Management process. CyberKey's solutions create new opportunities for existing industries and applications. For more information, please visit CyberKey's website at http://www.cyberkeysolutions.com.

Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements, involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at www.sec.gov under "Search for Company Filings."

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