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PMAH PlasmaTech Inc (CE)

0.000001
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
PlasmaTech Inc (CE) USOTC:PMAH 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

PlasmaTech Signs New Platinum Distributor

03/01/2010 10:36pm

Business Wire


PlasmaTech (CE) (USOTC:PMAH)
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PlasmaTech, Inc. (Pink Sheets:PMAH), a wireless technology innovator providing solutions to the $120 billion global security market, announced today that it has signed Alpha Security Systems Limited as a “Platinum” Distributor. Alpha Security is now a stocking distributor and marketer of PlasmaTech’s innovative products, which are featured on its website at www.alphasecurity.ca.

PlasmaTech's new Platinum, Gold and Silver partnership program features a new multi-tiered pricing structure, product training and orientation process designed to shorten the learning curve and time line to revenues for its distributors and resellers. As a Platinum distributor, Alpha Security will enjoy the highest discounts available to distributors of PlasmaTech's products and be able to service both Gold distributors and Silver resellers.

“Our recent initiatives focus on revitalizing the reseller and distribution channels for our products,” stated PlasmaTech President Marvin Williams. “By leveraging Alpha Security's well-established distribution channels, we are positioned to capture share across multiple target markets in North America.”

“The addition of PlasmaTech’s products to our current offerings is a perfect match,” said Mark Fingarson, Alpha Security's President. “These products will let us bridge both new and current customers’ products into a cohesive secure solution that meets the expanding requirements of voice, data and video in today’s security marketplace.”

About Alpha Security Systems Limited

For over 25 years, Alpha Security Systems has offered a wide selection of security systems, data and access control solutions. The Company supplies and installs a wide range of products and services to an even wider customer base in government, education and business. For more information, please visit www.alphasecurity.ca.

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. For more information, please visit 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 “enjoy,” “allow,” “estimate,” “expect,” “intend,” able to,” 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.

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