PlasmaTech (Pink Sheets:PMAH) announced that its products have been specified to be deployed in a total of 30 gold mines throughout South America for worker safety and emergency response.

PlasmaTech anticipates that each mine will install a minimum of six PlasmaTech wireless hand-held HMU900 data collection devices and a minimum of three 900 Prime fixed control devices. PlasmaTech has already delivered its first system, and it is fully functional.

The PlasmaTech solution enhances worker safety and emergency response in the event of an industrial accident necessitating evacuation of the mine. Each miner entering the mine wears an RFID (radio frequency identification) tag, enabling PlasmaTech’s 900 Prime device to gather data and wirelessly transmit the data to a computerized personnel tracking system.

In any evacuation emergency, emergency response teams must know who has safely evacuated a mine and what personnel remains in the mine. This can be easily accomplished using PlasmaTech’s wireless hand-held MHU device. With all miners instructed to muster in a specific safe location as far as 3,000 feet from any of multiple 900 Prime readers, PlasmaTech’s hand-held data collection device enables emergency personnel to quickly determine the whereabouts of all workers.

In the event of an emergency, first responders can often determine within minutes—instead of hours or even days—who is safely out of the mine and who is not. Shortened response time typically translates to increased survival rate in any such event.

“This is a world-class example of how PlasmaTech’s products can help solve real issues and possibly save lives,” stated Marvin Williams, CEO of PlasmaTech. “The installation also demonstrates our ability to add value to both passive and active RFID solutions. We expect these South American installations will serve to showcase how PlasmaTech’s technology can be put to work to provide additional safety to mines throughout the world.”

Management expressed its appreciation to 1st Choice Security Solutions Inc., with whom it worked closely in integrating PlasmaTech’s products within existing RFID solutions. “By working with companies like 1st Choice Security Solutions, PlasmaTech expects to accelerate achievement of its global sales initiatives,” added Williams.

PlasmaTech Wireless 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” “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)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024 Plus de graphiques de la Bourse PlasmaTech (CE)
PlasmaTech (CE) (USOTC:PMAH)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024 Plus de graphiques de la Bourse PlasmaTech (CE)