Holographic Dimensions, Inc. Comments on the
Exclusion of Liquor from The Russia 601 Government Decree
MIAMI, June 29 /PRNewswire/ -- Holographic Dimensions, Inc. (OTC Bulletin Board: HGRM - news) comments today on
news from the Russia press that liquor products may be excluded from the 601 program.
Pursuant to Russia Decree # 601, a wide variety of consumer products will incorporate a hologram security device to insure the
authenticity of products produced in Russia, prevent their diversion and effectively insure tax collection on those products.
HGRM was awarded the contract to produce the hologram security devices. The project initially involved the production of
over 5 billion holograms for use on liquor bottles, computer and consumer electronics products.
At the request of the Company's customer, Spetsznak, HGRM has stopped producing holograms for ultimate use on Vodka
bottles and is shifting production to holograms for use on computers, electronic, and other consumer products.
According to Kevin G. Brown, President & CEO of Holographic Dimensions, Inc., ''Liquor bottles are just a small part of the
vast Russian consumer product marketplace which falls under the 601 program. Pursuant to the Russia 601 decree, the
products manufactured in Russia that will incorporate the security holograms we are producing include the following:''
Coffee, tea, mate and spice
Alcoholic and soft drinks
Polymeric material, plastic and products from them
Rubber and products from it
Products from leather, road accessories and goods, similar to them
Products from black metals
Equipment and their mechanical devices
Electrical machines and equipment, sound recording and reproducing
equipment, equipment for record and reproduction of the television image
and sound, their parts and accessories
Optical, photographic, cinema tools and devices
Music tools
Furniture
Sports stocks
Audio and video goods (AV)
Household equipment of video recording and playback
Household video recorders
Household video players, including digital (laser)
Video games
TV and video cameras
Electrical musical tools, amplifiers, synthesizers
Cassette tape recorders-w.PA
Reel tape recorders- w.PA
Cassette tape recorders
Reel tape recorders
Radio tape recorders, car radio tape recorders
Radio tape recorders -- gramophone
Radio complexes and musical centers
Radios
TV sets
Automatic game devices
Film- devices and film projectors
Video cassettes
Laser disks for digital laser players
Compact cassettes
Video game cartridges
Computers and Communication Equipment (KS)
Computers
Computer Components
Peripheral Equipment
Computer network equipment
Computer accessories
Software for computers
Consumables
Means of electric graphic copying and photocopies
Automatic typewriters
Electric teller machines
Computers
Faxes
Pagers
Cellular telephones
Telephone and telegraphic electrical devices
Wireless radiotelephones
Phone answering machines
Radio stations and receivers of general application
Electronic house equipment (BT)
Refrigerators and freezers
Washing machines
Electric tea and coffee pots
Electrical and gas household stoves
Electric toasters, roasters
Electric deep fryers
Microwave furnaces
Electric coffee mills
Electric mixers
Electrical kitchen machines
Massage equipment
Ultra-violet and infra-red electric skin cure devices
Electric mincers, potato peelers and similar electric devices
Vacuum cleaners, water-sucking cleaners
Electrical irons and similar electric devices
Electrical polishers and similar electric devices
Electric devices of ultra-violet and infra-red radiation
Fans
Electric fireplaces and radiators
Devices for electric welding and accumulator chargers
Accumulators and batteries alkaline and acid for transport means
Electricity counters
Counters of throughput or manufacture of gas, liquid
Conditioners
Household sewing machines
Furniture (MB)
Metal, wooden, soft, plastic and from other materials, including medical,
hairdressing saloon, surgical, veterinary and other furniture
Bath, shower equipment
Pool tables, special tables and products for casinos, equipment for
bowling
Food (PP)
Coffee soluble and insoluble in cans
Mate (Paraguay)
Teas in primary packs
Waters natural and artificial of all kinds including mineral and soda
Beverages (AP)
Alcohol products less than 80% strong
Grape vines, champagne, vermouth etc. in bottles
Sports Goods (ST)
Stationary bicycles
Racing paths and steppers
Rowing and body builder trainers
Massage equipment
Equipment for artificial sunburn
Tires (ShA)
Pneumatic rubber new and -- or restored for cars
Pneumatic rubber, new and -- or restored for buses or lorries
Mr. Brown continued, "The reality is that we still have to produce a
minimum of 5 billion labels for our customer Spetsznak no matter whether
they are used on liquor bottles or Computer disks. The 601 program is the
cornerstone for the economic recovery of Russia and we look forward to
working with our Partner, Spetsznak, to implement it."
Pursuant to the Company's contract with Spetsznak, the Company will be
paid no later than 90 days from the date of touchdown of shipments in
Moscow. The first shipment landed in Moscow on May 28. |
