Invisa Releases Shareholder Update Letter and Details Market Strategy
09 Août 2006 - 1:00PM
Business Wire
Invisa, Inc.(OTCBB:INSA) recently announced an important addition
to its management team, William Hildebrand, who joined the Company
as Senior Vice President of Sales and Marketing. In an effort to
keep its stockholders and the market better informed of recent
corporate developments and market activities, Invisa provided the
following sales and marketing update to its stockholders. Dear
Invisa Shareholders: It has been just a little under two months
since it was officially announced in the press that I would be
joining the Invisa team as their head of Sales and Marketing. I
would like to bring all shareholders up to date on several
initiatives we are currently working on here at Invisa. In
addition, I would also like to share with you my vision of where
the moving access gate/commercial overhead door industry is most
likely headed in the future, and how we are currently positioning
Invisa to capitalize on the many developing opportunities that lay
ahead of us in this rapidly changing and dynamic marketplace. As a
brief summary of my background, I come to Invisa with over 30 years
of diversified experience. During the past nine years I served as
the Chief Operating Officer and then President of Operator
Specialty Company (OSCO), a manufacturer of gate and commercial
door operators and an Invisa OEM Partner. As an Invisa OEM partner,
I have known about Invisa over the past years as they have been
actively progressing and introducing their SmartGate(R) products to
the market. I have always been impressed with the quality of the
science behind their patented technology, which is not only elegant
and innovative; it is also quite unique with respect to the fact
that no one else has anything even remotely similar. The unique
advantages offered by Invisa's capacitance sensing technology can
be applied to a broad number of markets. InvisaShield(R) can detect
intruders who violate a sensing zone ranging from millimeters up to
1 meter. The company is currently developing a line of products
based on its patented InvisaShield(R) technology for use in a
number of life safety and security applications. These potential
safety applications markets include pool fencing, elevators,
automated doors, machine guarding and security applications such as
static object protection, and perimeter protection. The
SmartGate(R) product generates an invisible protective field that
moves with and precedes the potentially hazardous leading edge of
powered gates, garage doors, sliding doors and other powered
closures. For the foreseeable future the company will focus its
marketing energy in three areas: parking, commercial garage doors
and swimming pool fencing. The parking industry has been Invisa's
primary customer base for many years. This market does not have any
requirements for secondary entrapment protection but the potential
damage to personal property and people drives product sales. The
second market we are focusing on is the commercial garage door
industry which is undergoing a revision to UL 325. This revision
will require secondary entrapment protection on commercial garage
doors. The goal is to have Invisa's products included with other
acceptable secondary entrapment protection devices for this
application. The company is in the process of having its product
tested by door and operator manufacturers so they will include
Invisa's devices in their literature and instruction manuals as
acceptable for their applications. Invisa's dual purpose product,
both a non-contact and contact device, should gain wide popularity
in this market. The third market Invisa will be addressing is the
pool fence industry. Protecting pools to reduce the number of
drownings is a very important mission for the pool industry. Using
Invisa's technology would provide an advance warning system for
monitoring when children attempt to cross the fence into the pool
area. Most pool alarms react after someone is in the pool. Invisa
is in the process of testing product with a pool fence
manufacturer. This should prove to be a significant application for
Invisa's products with potential rapid growth. By focusing our
energies in just these three markets for the foreseeable future
Invisa will be better positioned to respond to the market's needs
and gain broad-based acceptance of its products for use in these
markets. After this is accomplished Invisa will look at other high
potential markets where this technology will provide unique
advantages. About Invisa Invisa presence-sensing solutions serve
the electronic life safety and security markets. Invisa's
proprietary InvisaShield(R) technology is based upon capacitive
sensing and is resistant to known methods of circumvention without
employing infrared, laser, ultrasound or microwave radiation.
InvisaShield can detect intruders who violate a sensing zone
ranging from millimeters up to 1 meter. Invisa's SmartGate(R)
safety system generates an invisible protective field that moves
with and precedes the potentially hazardous leading edge of powered
gates, garage doors, sliding doors and other powered closures. With
an estimated 60,000 new parking control gates installed each year,
and an installed base of over 1,000,000 gates worldwide, an
enormous market currently exists for Invisa's SmartGate technology.
In addition to parking gates, Invisa is currently developing a
similar line of products based on its patented InvisaShield(R)
technology for the overhead, garage and industrial door markets and
for the museum security market. For information about SmartGate(R)
products or the patented InvisaShield(R) technology, visit
http://www.invisa.com or call 941-355-9361. A video of SmartGate in
action can be viewed at the company Web site. This press release
contains certain forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. The company
has tried, whenever possible, to identify these forward-looking
statements using words such as "anticipates," "believes,"
"estimates," "expects," "plans," "intends," "potential" and similar
expressions. These statements reflect the company's current beliefs
and are based upon currently available information. Accordingly,
such forward-looking statements involve known and unknown risks,
uncertainties and other factors which could cause the company's
actual results, performance or achievements to differ materially
from those expressed in or implied by such statements. Factors
which may cause such differences include the company's ability to
meet planned delivery schedules, cancellation of orders, and other
risks disclosed in the company's SEC filings. The company
undertakes no obligation to update or advise in the event of any
change, addition or alteration to the information covered in this
press release, including such forward-looking statements.
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