PlasmaTech, Inc. to Acquire over 80 Copyrights to Multi-Generational Software and Hardware Wireless Devices
08 Décembre 2009 - 2:00PM
Business Wire
PlasmaTech, Inc. (Pink Sheets:PMAH), a wireless technology
innovator providing solutions to the $120 billion global security
market, announced today that it has executed an agreement to
acquire more than 80 copyrights from RF Wireless (Las Vegas, Nev.),
a leader of wireless card access and security products. This
intellectual portfolio includes 46 copyrights to various software
and hardware related to the Company's Diamond Sentry product line,
26 copyrights to software and hardware related to long-range
Bluetooth products, and 9 copyrights related to TCP/IP products.
PlasmaTech expects to complete the transaction and assume ownership
of these industry-leading technologies on or about December 15,
2009.
PlasmaTech provides end-to-end hardware and software solutions
capable of supporting multiple generations of existing wireless and
hard-wired networks, from legacy cable systems to unprecedented
extreme-range WiFi access. Modular design, remote monitoring and
power control, and customized management features are adaptable to
a wide range of applications in the industrial, commercial and
government sectors.
“Our intellectual property portfolio creates a significant and
competitive advantage in the global security products industry.
Beginning in 2010, in addition to direct sales, we have ample
opportunity to secure private labeling, direct product sales,
licensing and co-development activities to create multiple revenue
streams aimed at creating a large-scale client base that will
result in recurring revenue,” said PlasmaTech president Marvin
Williams.
Current product lines meet or exceed FCC protocols in the United
States and similar regulations and various bandwidths worldwide,
such as 868 MHz for Europe and Asia; 900 MHz for North and South
America and Israel; and a customized version for Australia and 2.4
GHz Bluetooth, ZigBee and 802.15.4 for worldwide acceptance
standards. An open architecture platform easily and seamlessly
addresses the various interconnectivity and implementation issues
attributable to emerging, high-speed protocols, including IEEE
WirelessMan (North America) and emerging ETSI BRAN HyperMAN
(European and international) standards.
About PlasmaTech, Inc.
PlasmaTech, Inc. is an innovator in the development, design,
manufacturing and worldwide marketing of secure wireless solutions
for consumer, industrial and government applications. PlasmaTech’s
platform technology provides military-grade encryption security for
the transmission of data, voice and video over wireless data
communication links, offering extreme distances that were
previously unachievable in the industry. Visit the Company’s
website at www.plasmatechwireless.com.
Except for the historical information contained herein, this
press release contains forward-looking statements that involve
risks and uncertainties. Actual results may differ materially from
the results predicted and reported results should not be considered
an indication of future performance. In addition, the factors
discussed in the filings with the Securities and Exchange
Commission are among the other factors that could cause actual
results to differ materially.
PlasmaTech (CE) (USOTC:PMAH)
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