Company focuses on lower cost biometric products and expanded markets
JERICHO, N.Y., March 18 /PRNewswire-FirstCall/ -- bioMETRX Inc. (OTC Bulletin Board: BMRX), and Oki Semiconductor Company, a division of Oki America Inc., which is a subsidiary of Oki Electric Industry Co, Ltd., jointly announced that they are working together on a new solution that will result in significantly lowering bioMETRX's overall build costs for its expanding smartTOUCH finger-activated consumer product lines.
OKI recently announced that it has begun sampling its ML67Q5250 a "single-chip" solution enabling fingerprint authentication. "bioMETRX has been testing various technologies supplied to it by OKI Semiconductor, with additional engineering assistance from OKI headquarters in Japan. The engineering effort was initiated to examine whether we could reduce component and manufacturing costs of the smartTOUCH brand of finger activated consumer products," stated Mark R. Basile, CEO of bioMETRX, Inc. "After several weeks of testing the OKI solution, we have concluded that incorporating OKI's ML67Q5250 solution into our core design, will allow us to offer a cost effective, easy-to-use, high performance solution to use in all of our products across a wide range of vertical consumer markets."
As the global leader in finger-activated consumer biometric product
engineering, development and sales, bioMETRX's smartTOUCH(TM) technology
has proven to be the most dependable and robust consumer biometric platform
available today. Its smartTOUCH product line is just starting to make its
way into the marketplace, having shipped over 18,000 units of its garage
door opener to Home Depot last quarter. The smartTOUCH line is now being
expanded to door locks, cabinet locks, mailboxes and luggage. "bioMETRX's
finger-activated solutions are smart, reliable and easy to use. We believe
our ML67Q5250 can help those products become even more affordable to the
consumer," noted Takabumi Asa
|SOURCE bioMETRX Inc.|
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