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HWSY Hawk Systems Inc (CE)

0.000001
0.00 (0.00%)
21 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Hawk Systems Inc (CE) USOTC:HWSY OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 00:00:00

Hawk Systems Signs FIST LLC as Exclusive Distributor for Auto Pass

19/10/2010 2:00pm

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Hawk Systems (CE) (USOTC:HWSY)
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HAWK SYSTEMS, INC. (PINKSHEETS: HWSY) www.hawksystemsinc.com, designer and developer of biometric products and systems, today said it appointed West Palm Beach FL-based FIST Enterprises, LLC (Fingerprint Identification Systems Technology) as exclusive distributor for AUTO PASS -- a unique fingerprint security product that prevents auto theft before it happens.

FIST President and Chief Operating Officer Jim Liantonio is past President of the Cadillac National Service Managers Council and Southeast Region Service and Parts Council and has served on the council continuously since 1987. He has 25 years experience as a Senior Operating Executive for car dealerships in Florida and New Jersey.

According to Liantonio, "The consensus among my colleagues on the Service Managers Council is that AUTO PASS is the right product to prevent theft and manage inventories on the car lot, and to offer our customers a unique, fun and affordable security product that gets the job done."

Based upon patented Hawk technology, AUTO PASS permits the operation of a car only by an authorized person. Drivers simply use their fingerprint to gain entry into the vehicle and start the engine. The car will not start unless an authorized person swipes his finger on the biometric sensor. Up to 132 fingerprints can be authorized to operate a single vehicle.

Hawk Systems founder and director David Coriaty called the appointment of FIST "A major milestone for the company." He said, "It gives us an experienced and enthusiastic team of professionals with wide industry contacts and tremendous sales ability."

He also stated, "With FIST on board, Hawk Systems is off and running."

For further information about FIST, please check out their website at www.fistenterprises.com.

This press release contains certain forward-looking statements. Stockholders, potential investors and other readers are cautioned that these forward-looking statements are predictions based only on current information and expectations that are inherently subject to risks and uncertainties that could cause future events or results to differ materially from those set forth or implied by the forward-looking statements. Certain of those risks and uncertainties are discussed in the company's 10Q and 10K filings with the SEC, and include, but are not limited to, market acceptance of Hawk's planned products and their level of sales, access to the capital necessary to finance and grow the business, a highly competitive environment in the biometric security field that includes numerous large and well established companies much larger than ours, and our ability successfully to deploy our technologies and products to meet the technical demands and market requirements of our customers. Please understand that Hawk Systems does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

Company Contact: David Coriaty (561) 308-7422 www.hawksystemsinc.com Agency Contact: Ira Weingarten Equity Communications (805) 897-1880

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