Sentex Sensing Technologies Inc. Signed MoU with Security IT Vision, Inc.
PrimeZone via COMTEX
May 4, 2006 4:25:37 PM
CLEVELAND, May 4, 2006 (PRIMEZONE via COMTEX News Network) --
Sentex Sensing Technologies Inc. (Pink Sheets:SENS) (www.sentextech.com), Security IT Vision Inc. of Rosemont, California and Astro Datensysteme AG, www.astro.de, of Munich / Moosinning, Germany have agreed today for the joint marketing and implementation of existing Security IT Vision / Astro biometrics technology. The agreement allows for Sentex to acquire and market exclusive technology in the biometric and security product arena.
Sentex will now move into a rapidly growing (40% per year) technology market with state of the art proven systems and software.
Through the efforts of Balmoral Financial Services (www.balmoralfinancial.com) Sentex Sensing Technologies has reached an MoU agreement with SecITV to enter into a major strategic relationship. Effective upon completion of final documentation the agreement will encompass state of the art Biometrics Security Systems delivery and services in a number of specific areas. More details are coming soon.
"Due to the hard active work of the related parties we could reach this agreement to achieve a restart of SENS.OB in the business. The inclusion of these structures within Sentex will provide a profound opportunity for Sentex to achieve dramatic growth," said Bob Kendall, Chairman of Sentex Sensing Technologies.
ABOUT Sentex Sensing Technologies Inc.
Sentex Sensing Technology, Inc. (www.sentextech.com) is a corporation duly organized in 1980 in the state of New Jersey. It originally designed, manufactured and marketed sensor technology equipment, and subsequently computer equipment.
ABOUT Security IT Vision, Inc.
Security IT Vision, Inc., a Nevada corporation (www.sec.itv.com), is head company of Astro Datensysteme AG (www.astro.de) which is a major international accredited biometrics technology provider. Astro was the first company in the market which brought biometrics security to a commercial success. SECITV has partners and clients on the Fortune 100 listing.
ABOUT BALMORAL Fincial Services
Balmoral (www.balmoralfinancial.com) is a niche financial services company which has been in operation since 1986. Balmoral provides private entrepreneurs and public companies M & A, Bank Guarantees, Documentary Credit, International Promissory Notes, and PIPE financing. Balmoral works in 20 countries with five satellite offices with financial institutions in emerging markets like eastern Europe and the former Soviet Union (FSU), and places these transactions with American companies.
Safe Harbor Statement under the Private securities Litigation Reform Act of 1995: The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies, products and services, delays in testing and evaluation of products and services, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.
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