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bioMETRX, Inc. Signs Deal To Acquire Controlling Interest in Biometric Solutions, LLC
Date:9/29/2008

Acquisition to increase engineering capabilities, client base and revenues

JERICHO, N.Y., Sept. 29 /PRNewswire-FirstCall/ -- bioMETRX Inc., (OTC Bulletin Board: BMRX), today announced that it has executed a non-binding Letter of Intent with Biometric Solutions, LLC, in which bioMETRX can acquire a controlling interest in Biometric Solutions, Inc. The terms of the acquisition have not yet been finalized.

Biometric Solutions LLC is a premiere engineering firm, having worked on several successful biometric designs. A major Biometric Solutions customer is SentrySafe, the largest and most recognized safe manufacturer in the United States.

"We have been working closely on projects with Biometric Solutions for several months. Biometric Solutions brings additional engineering resources as well as complementary clients as we continue to expand our client base in various vertical consumer markets," noted Mark Basile, CEO at bioMETRX. "Consolidation in the biometric market has been gaining momentum, as companies seek ways to pool resources while increasing shareholder value. As a leader in consumer embedded biometric products, we have unique opportunities to examine companies that can provide additional value and resources that complement our growth strategy. This acquisition will bring additional shareholder value and create a stronger company as we introduce new products to the market," noted Mr. Basile.

Matt Hall, CEO of Biometric Solutions LLC, commented, "We are equally excited about the opportunity of joining the leader in the embedded consumer biometric industry. We have been working seamlessly with bioMETRX for several months, and have come to respect the professionalism of its management team and dedication of its employees in helping establish bioMETRX as the industry leader. Merging the talents and capabilities of Biometric Solutions into the bioMETRX portfolio will only add to this market leadership."

About bioMETRX, Inc.

bioMETRX, Inc. is rapidly becoming the global leader in designing and bringing to market, practical, secure, everyday consumer biometric products for the garage door, door hardware, HVAC, home security, PC, automotive and portable lock markets. Utilizing its proprietary technology, the smartTOUCH(TM) platform, bioMETRX has developed an entire family of products so smart, they recognize you. The company's product line is branded under the protected trade name smartTOUCH(TM). bioMETRX also designs and provides personal identification technology to a number of Original Equipment Manufacturers (OEM's).

For more information on bioMETRX and/or the company's smartTOUCH line of products, visit the Company's Web site at http://www.biometrx.net.

About Biometric Solutions, LLC

Biometric Solutions LLC is a leading provider of fingerprint recognition solutions, tools and software to OEM customers. Biometric Solutions LLC is committed to providing its customers with affordable, state-of-the-art solutions in a timely manner. Our experienced employees, continuous investment in research and development and dedicated support enable our partners to differentiate their products and gain first-mover advantage. Biometric Solutions LLC fingerprint recognition solutions include the licensing of proprietary image processing and matching algorithms, patented low power hardware architecture, OEM evaluation kits, Software Development Kits and wireless solutions.

Safe Harbor Statement: This release may contain certain forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this release with respect to bioMETRX's business, financial condition or results of operations, as well as matters of timing and the prospective terms of any transaction described 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 bioMETRX's control with respect to market acceptance of their technology and/or products, whether financing will be available, the effect of the application of acquisition accounting policies as well as certain other risk factors which are and may be detailed from time to time in bioMETRX's filings with the Securities and Exchange Commission. Safe Harbor Statement: This release may contain certain forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this release with respect to bioMETRX's business, financial condition or results of operations, as well as matters of timing and the prospective terms of any transaction described 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 bioMETRX's control with respect to market acceptance of their technology and/or products, whether financing will be available, the effect of the application of acquisition accounting policies as well as certain other risk factors which are and may be detailed from time to time in bioMETRX's filings with the Securities and Exchange Commission.


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SOURCE bioMETRX Inc.
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