Message #12 From:
NewsBot Date: November 15, 2006 03:00:00 AM
SQUM News Sequiam CEO Featured by Eric David & Sons; Company Evaluated as an ''Aggressive Buy''
ORLANDO, Fla.--(BUSINESS WIRE)--Sequiam Corporation (OTCBB:SQUM), a leading provider of innovative
consumer lifestyle biometric ("CLB") technology and services, today
announced that CEO Nick VandenBrekel was recently interviewed by Eric
David & Sons, a research firm dedicated to evaluating and incubating
micro-cap corporations possessing significant growth potential.
In response to questions from Eric David & Sons, Mr. VandenBrekel
highlighted several key points about Sequiam Corporation. Among these
are updates about the recently announced partnership with Kwikset and
the introduction of the BioLock/SmartScan product line.
Mr. VandenBrekel also commented about the growth opportunities enjoyed
by the Sequiam/CJCC Joint Venture in China and the first products
introduced in the Chinese market place as a result of this partnership.
In regards to this interview, Eric David & Sons Senior Analyst Steve
Weiss stated, “Sequiam Corporation represents
a tremendous investment opportunity for investors interested in both
short term and long term growth. The Company is generating revenues and
has established solid and credible partnerships and distribution
channels both in the United States and abroad." Steve continues, “As
published in the business section of the Orlando Sentinel, Nov 13, Dave
Albert, Kwikset’s vice president of brand
marketing and business development said that Kwikset chose Sequiam’s
biometric technology because of its reliability and that Sequiam’s
technology is robust enough for Kwikset to release it.”
Sequiam Corporation trades on the OTCBB under the symbol SQUM.
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.
The Private Securities Litigation Reform Act of 1995 provides a safe
harbor for forward-looking statements made on behalf of the company and
its subsidiaries. All such forward-looking statements are, by necessity,
only estimates of future results and actual results achieved by the
company may differ materially from these statements due to a number of
factors. Any forward-looking statements speak only as of the date made.
Statements made in this document that are not purely historical are
forward-looking statements, including any statements as to beliefs,
plans, expectations, or intentions regarding the future. Risk factors
that may cause results to differ from projections include, without
limitation, loss of suppliers, loss of customers, inadequate capital,
competition, loss of key executives, declining prices, and other
economic factors. The company assumes no obligations to update these
forward-looking statements to reflect actual results, changes in
assumptions or changes in other factors affecting such statements. You
should independently investigate and fully understand all risks before
making investment decisions.
