Security Biometrics Inc. - Announcement
VANCOUVER, British Columbia, Aug 10, 2001 (BUSINESS WIRE) -- Security Biometrics Inc. ("The Company" - OTC: SBTI - www.sigbio.com) announces:
An agreement with DSI Datotech Systems Inc. was signed extending the date by which the company must pay DSI $3,000,000 under the option agreement (signed on August 22, 2000 between DSI and the company's subsidiary, Biometrics Security, Inc.) to August 22, 2001.
Security Biometrics, Inc. markets and distributes under license dynamic biometric technologies for secure banking and financial transactions. NetFace, a wholly owned subsidiary of Security Biometrics, markets similar technologies to the video gaming and Internet appliance industries.
On Behalf of The Board of Directors of Security Biometrics Inc.
Mr. Kenneth P. Barr, CEO
This press release may contain forward-looking statements, which are subject to risks and uncertainties. The Company's actual results may differ materially from those described in any forward-looking statement. Additional information concerning potential risk factors that could affect the Company's business and financial results are included in the Company's filings with the Securities and Exchange Commission. They can also be found on the Securities and Exchange Commission's website at www.sec.gov.
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Max Christian, 954/524-5109
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