CALGARY, Alberta, Jan. 29, 2003 (PRIMEZONE) -- Carmina Technologies Inc. (OTCBB:CARL) has launched it's line of ASSUR products which improve and enhance the inspection and quality control process for a variety of industries. President and chief executive officer John Alston said: "With the ASSUR product lines we are bringing tested and developed technology to the market launch. Our ASSUR family of monitoring services provide for a reliable, cost effective system of monitoring the performance of services critical to maintaining quality control and public health and safety."
Developed in response to companies' and regulators' urgent needs, intensified by post 9/11 concerns, the ASSUR systems utilize hand-held units in the field, which accept inspection data directly in accordance with pre-programmed instructions and download to servers by wireless or other means. These in turn, provide reports on demand to management or regulators, eliminating manual re-entry and possible corruption of data.
Recent scandals rising from faulty inspections of municipal water supplies, outbreaks of e-coli contamination from inadequately inspected food plants and other failures in critical inspections plus concern over "bio-terrorism" demonstrate the need for Carmina's products and services. The sensitivity of regulatory agencies to these highly publicized problems and to the threat of terrorism has provided a favorable climate for introducing the ASSUR monitoring products. Wherever inspections are mandated that are currently unmonitored, the ASSUR technology provides a solution with real economic benefit.
The services and products of Carmina are not marketed to the public but rather to individuals in decision-making positions in the inspection sector of the targeted industries or regulatory agencies. The market potential is huge and our efforts at market penetration are only just beginning. Sales commenced in the final quarter of 2002. With the current public concern over environmental and terrorist issues, management anticipates that new applications currently planned will find a ready market.
An agency agreement was recently signed with a non-profit corporation of Canadian food producers, processors, transporters and marketers set up to implement in Canada the Hazard Analysis Critical Control Point (HACCP) protocol, which is an internationally recognized means of assuring food safely from harvest to consumption. This breakthrough has the potential of placing the Company's ASSUR product as the technology of choice in jurisdictions around the world. For more details on Carmina's products and services visit www.carminatech.com.
About Carmina Technologies, Inc.
Carmina Technologies, Inc. is a company that develops and markets technological services in the performance monitoring sector. Through easy-to-use tools and systems, its technology assures consistent, standard-driven output by providers of critical services, audits and compliance-reporting from their mobile work forces. Through wholly-owned subsidiaries the company is currently focused on expanding its new monitoring systems across a wide range of industries.
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