Message #13 From:
NewsBot Date: November 29, 2006 04:00:00 AM
SQUM News Sequiam Biometrics Receives $2,250,000 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 second order of its biometric OEM technology from CyberKey
Solutions.
CyberKey Solutions placed a $2,250,000 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 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.
Nick VandenBrekel, CEO of Sequiam said: "CyberKey continues to rapidly
integrate our biometric OEM solutions into their product line and this
order is indicative of how successful CyberKey Solutions is becoming in
their respective markets. It is because of companies like CyberKey that
biometric technology is finding widespread adoption with a growing
number of consumer and commercial customers. I look forward to the
continued relationship."
"This large second order indicates the level of continued success we are
having in implementing Sequiam's biometric technology into our advanced
product line. 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," stated Jim Plant, CEO of CyberKey
Solutions, Inc.
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.
CyberKey(R) Solutions, Inc., (OTCPK:CKYS) is currently fulfilling a $25
Million purchase order to various segments of the U.S. Government.
CyberKey(R) 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.
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