Navigation Links
bioMETRX, Inc. Highlights 3rd Quarter 2008 Financial Results
Date:11/20/2008

Company Experiences Record Revenue Growth from Operations in Third Quarter

JERICHO, N.Y., Nov. 19 /PRNewswire-FirstCall/ -- bioMETRX, Inc. (OTC Bulletin Board: BMRX), a leading developer of consumer-based finger recognition products, today announced its financial results for the period ending September 30, 2008.

-- Revenues for the third quarter were $431,840, which represents a 430% increase over second quarter revenues of $100,000.

-- The Company added $300,000 of intangible assets to its balance sheet as a result of the Sequiam asset purchase.

"We have seen a steady increase in sales of our products over the last three months. Today, economic concerns trouble consumers and retailers report dramatic downturns in consumer spending; however, we are seeing a surge in sales of our products that protect consumer valuables and are priced right," noted Kevin Henderson, Senior V.P. at bioMETRX.

"We are extremely pleased with the response we have received to our products," stated Lorraine Yarde, Chief Operating Officer at bioMETRX. "With the holidays approaching, we expect to see sales of our safe products increase as consumers look for innovative yet practical gifts for family and friends. The previously announced sales and marketing initiatives are scheduled to coordinate with new retail channels for all of the company's products. These initiatives are being designed to increase the market's awareness of our products to drive more revenue," Ms. Yarde went on to say.

About bioMETRX, Inc.

bioMETRX, Inc. designs, develops and markets biometrics-based products to the consumer market under the common brand name - smartTOUCH(TM). As the global leader in consumer biometric product engineering, development and sales, bioMETRX's smartTOUCH(TM) technology has proven to be the most dependable and robust consumer biometric pla
'/>"/>

SOURCE bioMETRX, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2

Related biology news :

1. bioMETRX, Inc. Calls Series B Warrants
2. bioMETRX, Inc. Acquires Patent for Biometric Padlock
3. bioMETRX, Inc. Acquires Patent for Biometric Padlock
4. bioMETRX, Inc. Announces Integration of AuthenTec Fingerprint Sensor in smartTOUCH(TM) Product Line
5. bioMETRX, Inc. Closes Angel Round of Funding
6. bioMETRX, Inc. Introduces New Products
7. bioMETRX, Inc. Files for Several New Patents
8. bioMETRX, Inc. Garage Door Opener Named Best In Class
9. bioMETRX, Inc. Partners with Biometric Solutions, LLC to Deliver Next Generation Finger Activated Technology
10. bioMETRX, Inc. Gun Storage Products Endorsed by the Handgun Club of America
11. bioMETRX, Inc. Completes Sequiam Asset Purchase
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/9/2014)... Philadelphia, PA, July 10, 2014 Inflammatory diseases ... same patient, complicating treatment because a medication effective ... such example is the anti-arthritic medication dexamethasone, which ... disease. A study in the August issue of ... the effects of a new class of anti-arthritic ...
(Date:7/9/2014)... out one gene for another in a line of ... to reality within this decade. As with any new ... fixing disease-causing genes in humans, for example--as well as ... one of those concerns to rest: using gene-editing techniques ... mutations in the cells. The new results were published ...
(Date:7/9/2014)... Sexual selection refers to species, selection for traits ... type of natural selection enhances opportunities to mate, the ... Biologists at the University of California, Riverside have now ... of a placenta are linked. Describing the life ... the family Poeciliidae, the researchers found that species with ...
Breaking Biology News(10 mins):New class of anti-arthritis drugs effectively treats multiple inflammatory diseases 2No extra mutations in modified stem cells, study finds 2No extra mutations in modified stem cells, study finds 3Biologists link sexual selection and placenta formation 2Biologists link sexual selection and placenta formation 3Biologists link sexual selection and placenta formation 4
... data to a Phase 2 trial conducted by the ... an 89% survival rate in mantle cell lymphoma patients. ... Historically, patients with this type of lymphoma only have ... 20% chance of surviving 5 years. BiovaxID, an investigational ...
... Florida scientists have found that people have an ancient ... by a jawless, eel-like fish. , It turns out ... road than almost all other backboned animals, may not ... the genetics that govern their skeletal development, according to ...
... in humans are genetically based. The influence of ... of humans are complicated by a multitude of cultural ... Alcoholism: Clinical & Experimental Research use rhesus ... consumption. Results indicate that, just as with humans, ...
Cached Biology News:BiovaxID?yields 89 percent survival in patients with aggressive non-Hodgkins 2UF scientists reveal ancient origin of vertebrate skeleton 2UF scientists reveal ancient origin of vertebrate skeleton 3Genetic and environmental influences on alcohol consumption among rhesus monkeys 2
(Date:1/14/2014)... Doylestown, PA (PRWEB) January 14, 2014 Date: ... p.m. , Location: Warrington Country Club, 1360 Almshouse Road, Warrington, ... only national nonprofit organization solely dedicated to finding a cure ... those affected worldwide, will host its annual Crystal Ball on ...
(Date:1/14/2014)... 14, 2014 As pet owners drew up their lists of ... wrote: "Take better care of my furry companion." Nowadays there are ... top-brand carrying cases to take the little canine or feline darlings ... compelled to buy some pricey toys at the pet store. But ...
(Date:1/14/2014)... 2014 iLab Solutions, the leader in core ... Director of Product Strategy. In this role, Michelle will work ... to guide in the development of iLab products. Her main ... possible benefit to the scientific community by offering the most ...
(Date:1/14/2014)... Kinaxis ®, provider of RapidResponse ®, a cloud-based supply ... ( S&OP ) service, is proud to be a gold ... held at the Hilton San Diego Bayfront, January 30 – ... Kaszas , Director of Supply Chain at Amgen, as she ...
Breaking Biology Technology:Hepatitis B Foundation to Host Annual Crystal Ball Gala 2New Year's Resolution: Give Pets the Gift of Top-Notch Health Care 2iLab Solutions Announces Michelle Detwiler as the New Director of Product Strategy 2Event Alert: Kinaxis Customer to Present at the Biomanufacturing Summit "Supply Chain: Improving Network Effectiveness" 2
... There may no yellow tape or chalk outlines of a ... if they want remedies, said a lawyer who spoke at ... ,Daniel Vaccaro, a partner with Michael Best & Friedrich ... Internet fraudsters or disgruntled employees can benefit from learning to ...
... — Craig Schiefelbein has a warning for chief information officers: ... made by lower-level business executives. The CEO of Paragon ... will have to work to stay involved with the business ... , ,"That's a big change in a really short period ...
... of chief information officers for their number-one issue, they ... ,Today, the consensus issue is compliance, particularly with the ... of the Sarbanes-Oxley Act of 2002, or SOX, as ... passed largely in reaction to the corporate scandals that ...
Cached Biology Technology:After a successful attack on your computer systems, then what? 2After a successful attack on your computer systems, then what? 3IT outsourcing remains on the horizon as companies focus on core business 2IT outsourcing remains on the horizon as companies focus on core business 3With Sarbanes-Oxley, compliance takes center stage for CIOs 2With Sarbanes-Oxley, compliance takes center stage for CIOs 3
... Simplify the process and you reduce ... built into the CEQ 8000. Developed using ... and leadership in capillary electrophoresis technology, the ... analysis system. This system automatically fills the ...
The external laser upgrade for the Molecular Imager FX adds a 635 nm external laser; the 555 nm long pass filter is replaced with a 605 nm band pass filter to distinguish Cy5 from 532 nm excitable dy...
... The APO-BRDU Kit is a 2-color ... total cellular DNA to detect apoptotic cells ... instructions and reagents required for measuring apoptosis ... cells for assessing reagent performance; washing, reaction ...
... The BioGenex VISION Sytem is a ... comes with proprietary digital imaging and ... digital image acquisition, analysis, archving/retrieval and ... a state-of-the-art digital imaging system that ...
Biology Products: