PlasmaTech Signs New Platinum Distributor
January 03 2010 - 5:36PM
Business Wire
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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