PlasmaTech, Inc. Executes Definitive Agreement With RF Wireless Solutions, LLC

PlasmaTech, Inc. (PinkSheets:PMAH) announced today that it has executed an Intellectual Property Purchase Agreement relating to its acquisition of substantially all of the intellectual property of RF Wireless Solutions, LLC, a privately-held developer, designer and manufacturer of wireless equipment and solutions.

With this acquisition, PlasmaTech owns fully-developed, advanced radio frequency (RF) wireless technologies, devices and related equipment backed by over 80 copyrights. These integrated solutions deliver some of the fastest, most secure and reliable transmission of wireless data communications available in the industry. Since 2005, RF Wireless's products have demonstrated success in applications for international and domestic industrial, government and commercial customers. RF Wireless's Diamond Sentry Platform is the first fully integrated equipment to combine various technologies such as ZigBee/802.15.4, cellular, Wi-Fi and Ethernet and Satellite connectivity into a single unified system for WAN, LAN and PAN Security.

PlasmaTech President, Marvin Williams, noting that the acquired portfolio of technologies is highly adaptable to both legacy systems and the most sophisticated emerging IP protocols, said management of the Company foresees potential for future growth in a variety of vertical industries. Williams called the transaction “a major turning point” for the Company, indicating that the acquisition will equip PlasmaTech with valuable core competencies and intellectual properties. “By combining existing product lines with OEM relationships, access to capital markets and management resources, PlasmaTech will be in a prime position to exploit market opportunities in the global $120 billion wireless access card reader market. We have devoted substantial effort in seeking out the acquisition of a business to enhance shareholder value and believe this acquisition to be an unparalleled opportunity for PlasmaTech,” Williams said.

The products included in the acquisition are designed to equip security solution service providers, automation specialists, and data and IP service providers with the tools to build previously limited and unimaginable, multi-revenue producing networks that deliver high-speed, state-of-the-art data transmission, card access control and video surveillance services offering maximum reliability utilizing RF instead of wires.

Terms of the transaction provide for payment by PlasmaTech of a total of $485,000 cash and 4 million shares of PlasmaTech common stock over a three-year period.

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.

Statements in this press release may be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend” and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company’s business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and those risks discussed from time to time in PlasmaTech’s filings with the Securities and Exchange Commission. In addition, such statements could be affected by risks and uncertainties related to the ability of PlasmaTech to pay its debts to RF Wireless in order to retain title to PlasmaTech’s intellectual property, the ability of PlasmaTech to effectively manage the intellectual property acquired from RF Wireless and integrate it into the business of PlasmaTech, product demand, market and customer acceptance, competition, pricing and development difficulties, as well as general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release. Information on PlasmaTech’s website does not constitute a part of this release.

PlasmaTech (CE) (USOTC:PMAH)
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