ComCam Signs Global ePoint as Strategic Manufacturing and Sales Partner
March 01 2004 - 7:40AM
PR Newswire (US)
ComCam Signs Global ePoint as Strategic Manufacturing and Sales
Partner WEST CHESTER, Pa., March 1 /PRNewswire-FirstCall/ --
ComCam, Inc. (BULLETIN BOARD: CMCA) (Frankfurt: CMCA.F) (Berlin:
CMCA.BE) has signed a Letter of Intent with Global ePoint, Inc.
that will provide ComCam with investment, manufacturing, and
additional sales channel opportunities for its camera-based
intelligent video technology platforms and advanced software
solutions for the wireless and CCTV access control markets.
According to Don Gilbreath, CEO of ComCam, Inc., "We are pleased
with the proposed new arrangement with Global ePoint, which is
quickly positioning itself as a leader in digital video
surveillance systems. We especially welcome the manufacturing
continuity that our new partnership with Global ePoint offers. It
will allow us to provide our ComCam-10 Series of networked camera
units and micro-DVR products in volume starting in Q2, improve
delivery time to our current worldwide partners, and launch
innovative product designs that have moved beyond the
proof-of-concept phase." Toresa Lou, CEO of Global ePoint, said,
"We look forward to this opportunity to utilize our manufacturing
and marketing resources to support ComCam's unique technology and
applications. Global ePoint and ComCam intend on working together
to benefit from the overall growth of the market for digital video
recorder (DVR) applications. Additionally, our companies plan to
develop a new integrated circuit design for cost reduction and
future products." Global ePoint is a high volume contract
manufacturer of customized computing systems for industrial,
business, and consumer markets. Global also designs and markets
digital video surveillance systems for law enforcement, military,
government, and homeland security markets. ComCam is a pioneering
developer and new market enabler of advanced Internet Protocol (IP)
cameras, video micro servers, associated software, and unique
end-to-end network control solutions. ComCam productsare ideal for
extreme remote use in inhospitable environments. They have been
tested in commercial aircraft for live air-to-ground video as well
as in the US Navy's underwater robotics program for telemetry
control and recording. ComCam specializes in wireless IP, mobile,
and wearable devices. These products are deployed in situations
ranging from simple access control applications to advanced
measurement solutions including weather stations, remote test
equipment, and robotics. The Company sellsworldwide to government
and commercial markets. This release may contain forward-looking
statements relating to future financial results. Actual results may
differ materially as a result of factors over which the company has
no control. These risk factors and additional information are
included in the company's reports on file with the Securities and
Exchange Commission. Contact: Don Gilbreath, CEO ComCam, Inc. Tel.
610-436-8089 http://www.comcam.net/ Susan Schoch McKim & Co.
Tel. 212-717-8720 http://www.mckimco.com/ Toresa Lou, CEO Global
ePoint, Inc. Tel. 760-741-7443 http://www.globalepoint.com/ This
release was issued through eReleases(TM). For more information,
visit http://www.ereleases.com/. DATASOURCE: ComCam, Inc. CONTACT:
Don Gilbreath, CEO, ComCam, Inc., +1-610-436-8089; or Susan Schoch,
McKim & Co., +1-212-717-8720; or Toresa Lou, CEO, Global
ePoint, Inc., +1-760-741-7443 Web site:
http://www.globalepoint.com/ Web site: http://www.comcam.net/
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