HADERA, Israel, April 4, 2005 (PRIMEZONE) -- Malers Automation and Control Ltd. ("Malers") (Pink Sheets:GXXL), today announced that the Company is launching a marketing campaign for the home automation market.
Existing expertise in developing systems with sensors and controllers can be applied to this huge vertical market. "In parallel to our activities in industry, we found that our years of experience, proficiency and know-how can work well in the high-end market of home automation," says Malers' CEO, Ronen Luzon. "Our systems and unique designs caught the attention of several contractors who are well entrenched in this market and we hope to finalize with one of them in the coming weeks. Israel will serve as our test ground before going after the larger markets in the U.S. and Europe."
Malers' unique system design with existing sensors and controllers will allow for a large array of advanced and highly reliable features for home automation. Moreover, the Company excels in taking technologies to their absolute limits. Standard features include remote control of home temperature, lighting, garage door automation, alarm system, home entertainment system, voice mail, and much more. "We plan to take home automation a few steps beyond the standards of today," notes Luzon. Because of the industrial-level approach to the Company's components and systems, Malers' systems are more feature-rich and more durable and functional in problematic weather conditions, where the highly common instance of power surges can take down such systems in both the winter and summer months.
"We're studying this market closely and have found that there is a huge potential for Malers over the coming years," Luzon comments. "Our proprietary systems will command a higher price, yet will appeal to a large percentage of the home automation market."
About Malers
Malers Automation and Control Ltd. is an Israeli systems company that develops, manufactures, sells and maintains automation and control systems for industrial applications. The Company produces turn-key systems that replace labor intensive, error prone and costly manual production and monitoring functions. Since the Company's inception in 1996, Malers' custom designed systems have been installed in major industrial applications worldwide. Their systems offer centralized and remote control of complex manufacturing processes, and data collection and analysis systems.
For more information, please contact Joel Gering, at 011-972-52-398-3374 or malers-a (@) malers-automation.com (please remove brackets and spaces) or visit us on the Web at www.malers-automation.com.
Forward-Looking Statements
Certain statements in this news release may contain 'forward-looking' information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.