VSTI, which yesterday had huge news of an investment/partnership deal with a subsidiary of HB (NYSE), just released another PR. It's now 7/16 offer and they're in a very exciting field, so if they're beginning to focus a bit more on promotion we could have a big winner. Check this out:
(PR NEWSWIRE) Versus Technology Makes Positive Showing at ISC East; Eagle Eye Direct Held High Interest With Security Show Attendees
TRAVERSE CITY, Mich., Sept. 8 /PRNewswire/ -- Versus Technology, Inc.
(OTC Bulletin Board: VSTI) successfully introduced the Eagle Eye Direct(TM)
and Eagle Eye Network(TM) along with the current Eagle Eye(TM) Asset Control
solution at the International Security Conference (ISC) in New York, which was
attended by over 10,000 security industry professionals. Eagle Eye(TM) Asset
Control was also one of only 53 products featured in the New Product Showcase
sponsored by the Security Industry Association for new technology in access
control.
"We have spent several months developing a three-tiered approach that will
provide a distribution path for Versus products into the security market,"
stated John Hunepohl, Director of Sales for the Security Products Division of
Versus. Eagle Eye Direct(TM) allows a customer to take an active data tag,
such as the Versus Infrared locator tag, and connect it directly to an
existing access control panel. A controller board converts the Versus
protocol to security industry standard Wiegand data that the access control
panel can understand. In addition, the controller board tells the access
control system when the tag enters an area and again when the tag exits an
area.
"Eagle Eye Direct(TM) is the simplest, easiest, and most cost-effective
method for a company to begin asset tracking and locating," stated Hunepohl.
"This method requires no additional software and minimal training of an
operator by using the existing access control system as the head end. This
will allow a company to begin using the Versus tag technology for a minimal
cost before investing thousands of dollars in a full-featured system." Versus
expects to begin shipping the first units in mid-October.
In conjunction with Eagle Eye Direct(TM), Versus introduced the Eagle Eye
Network(TM) program to a number of access control manufacturers. Eagle Eye
Network(TM) will allow customers with an existing access control system to
integrate the entire Versus tag, reader, collector, and concentrator data
collection network into their systems. "This is the same successful method we
used in integrating with our nurse call vendors," stated Henry Tenarvitz,
Chief Operating Officer.
"Overall, this show was validation that we are on the right track," stated
Gary Gaisser, President and CEO. "We generated the type of interest we
expected and now have solid commitments for our products. While it will take a
few months of development with third party vendors, we should see the results
of our efforts early next year and immediate results with Eagle Eye Direct(TM)
as the controller board enters the market in October."
Versus Technology, Inc. (http://www.versustech.com) (Versus) is a
developer of leading-edge technology used for process improvement in the
healthcare, security, government and corporate markets. Versus' core
technology makes locating systems more precise, security systems more
intelligent, data collection routines automatic and asset management systems
more efficient. Versus' systems, which are currently installed in hospitals,
corporate facilities, government facilities and other complexes, permit the
automatic and accurate registry of essential management and business
information. By monitoring the precise location of personnel or equipment and
automatically recording events associated with their locations, the systems
offer real-time asset and staff locating, automatic data collection,
access/egress control and two-way communication capabilities. Versus'
proprietary locating systems are sold primarily through an expanding
international network of resellers who market Versus' products as enhancements
to their existing product lines. In addition to the reseller network, Versus
is also represented in Canada by an independent sales agent.
Safe Harbor Provision
This document may contain forward-looking statements relating to future
events, such as the development of new products, the commencement of
production or the future financial performance of the Company. These
statements fall within the meaning of forward-looking information as defined
in the Private Securities Litigation Reform Act of 1995. These statements are
subject to a number of important risks and uncertainties that could cause
actual results to differ materially including, but not limited to, economic,
competitive, governmental and technological factors affecting the Company's
markets and market growth rates, products and their rate of commercialization,
services, prices and adequacy of financing and other factors described in the
Company's most recent annual report on Form 10-KSB filed with the Securities
and Exchange Commission, which can be reviewed at sec.gov. The
Company undertakes no obligation to update, amend or clarify forward-looking
statements, whether because of new information, future events or otherwise.
CONTACT: investors, Robert Butler, Controller, 231-946-5868, or
media, John Hunepohl, Director of Sales, 916-727-3066, or
Stephanie Bertschy, Director of Marketing, 231-946-5868,
all of Versus Technology, Inc.
SOURCE Versus Technology, Inc.
-0- 09/08/2000
/CONTACT: investors, Robert Butler, Controller, 231-946-5868, or media,
John Hunepohl, Director of Sales, 916-727-3066, or Stephanie Bertschy,
Director of Marketing, 231-946-5868, all of Versus Technology, Inc./
/Web site: versustech.com /
(VSTI)
CO: Versus Technology, Inc.
ST: Michigan
IN: CPR MLM
SU: TDS |
