TUCSON, Ariz., May 4, 2004 (PRIMEZONE) -- Environmental Technologies, Inc. (Pink Sheets:EMTI) is pleased to announce that Company director Basil Meecham has just returned from a very successful trip throughout Asia. Mr. Meecham had extensive meetings with several prospective distributors who have expressed a strong interest in representing EMTI and its exciting product line throughout China, Japan, and the entire Southeast Asian region. The near-term goal is to establish a network of distributorships throughout the area that will participate in the market introduction of the Company's Computer Guard device, to be then followed by other products currently being readied for commercial launch thereafter.
Mr. Meecham also had several valuable meetings during his trip with a number of large manufacturers that are potential suppliers for the Company's outsourcing program for a variety of quality components. The outsourcing of a wide variety of components will bring very significant economic benefits and operational efficiencies to Environmental Technologies as it establishes itself in the global High-Tech Security Industry.
Computer Guard directly addresses what has emerged in recent years as an international epidemic -- theft of laptop computers and the countless billions of dollars of valuable and critical data they contain. Essentially, the Computer Guard System protects the user's information by rendering the computer useless whenever the authorized user is away from the machine. Environmental Technologies believes that the very low price of Computer Guard, at approximately $50.00 retail, will facilitate rapid market penetration and the capture of a significant share of the dynamic laptop security market in the foreseeable future.
Laptop computer theft results in two distinct types of loss: the value of the actual hardware, usually $2000-$3000 per unit (the FBI estimates that 97% of stolen computer equipment is never recovered) and; the much higher cost of the lost data contained on the laptop's hard drive.
Environmental Technologies' products currently being developed for specific market applications include short and long-range detection devices that can be hidden in clothing, or on valuables, and that will emit signals to loved ones or owners of articles and valuables for purposes of Identifying, Locating, Tracking, and Retrieving.
FOR FURTHER INFORMATION: John Hedges 1-520-749-0746 Email: jhedges@emtigroup.com Environmental Technologies, Inc. Website: www.emtigroup.com P.O. Box 312 Tucson, Az 85749
The statements made in this press release, which are not historical facts, contains forward-looking statements concerning potential developments affecting the business, prospects, financial conditions and other aspects of the company to which this release pertains. The actual results of the specific items described in the release, and the company's operations generally, may differ materially from what is projected in such forward- looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward- looking statement.