TORONTO, Aug. 25, 2004 (PRIMEZONE) -- Building on the successes of its existing product designs and features, Istron Technologies Inc. (Pink Sheets:ITKI) announced today that it has successfully completed a merger with Andar Enterprises, Inc. and will remain the controlling entity.
Istron Technologies Inc. is set to revolutionize the residential smoke detector industry by being the first to market a comprehensive suite of radio frequency (RF) products which will replace and make obsolete all existing battery operated residential smoke detector platforms.
"Istron will begin to execute its manufacturing plan in the last quarter of 2004 in order to mass produce our units in China," said Louis M. Papp, Industrial Strategist for Istron Technologies Inc. "This will enable us to rapidly deploy our products into the market and will convey the company's message to the public that a better residential smoke detector system has arrived. Consumers have needed improved fire protection technology for decades and many of the features included in our platform were gathered from extensive research on many of the existing residential smoke detectors offered by our competitors."
The Consumer Products Safety Commission (CPSC) on March 23, 2004 released under the freedom of information act (http://www.cpsc.gov/library/foia/foia04/os/offshelf.pdf) details of a study they conducted to evaluate wireless smoke detectors in which they came to the same conclusion that interconnected wireless detectors like the ones to be manufactured by Istron will save lives.
Istron Technologies Inc. is poised to become a world leader in the design, manufacture and distribution of wireless interconnected battery operated smoke detector products for the residential fire safety industry. Headquartered in Toronto, Canada, with manufacturing capabilities in mainland China, Istron Technologies Inc. is committed to developing the highest quality, most reliable products and delivering innovation to the residential smoke detector market worldwide.
Matters discussed in this press release are "forward-looking statements." Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to certain risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated.
For more information about Istron Technologies Inc.: www.istrontech.com