CLEVELAND, Oct. 23, 2006 (PRIMEZONE) -- Sentex Sensing Technology, Inc. (OTCBB:SENS) (http://www.sentextech.com) has completed the necessary waiting period and has closed the transaction.
The Final Information Statement was sent to shareholders to complete the closing on September 27, 2006. All of the working team are now very excited that we have completed the deal. Henrik Rubinstein, President, and Bob Kendall, Chairman stated, "We are pleased and we are now moving forward as quickly as possible." We have been encouraged by a number of city and state governmental entities who are interested in our locating production facilities within their domains. They are offering financial assistance as a result of obtaining the numerous high technology jobs we would be creating.
ABOUT Sentex Sensing Technology, Inc.
Sentex Sensing Technology, Inc. is one of the leading multimodel-biometric technology companies. Sentex provides fingerprint, facial and voice biometric technologies, as well as systems, and critical system components that empower the identification of individuals in large-scale ID and ID management programs. The Company's offerings include access control, Computer based Internet authentification, Biometric Smart Cards and services for biometric data capture, mobile POS systems, and backend standards-based modules and software components for biometric matching and data mining. Sentex products are used to conduct background checks, secured travel and commerce via secure identification documents, prevent identity fraud in large-scale government and civil ID programs, and control access to secure areas and networks. With a global network of partners, such as leading system integrators, Sentex serves a broad range of markets including government, law enforcement, gaming, finance, travel, transportation, corporate enterprise and healthcare. Sentex Sensing Technology, Inc. (http://www.sentextech.com) is a corporation duly organized in 1980 in the state of New Jersey. It originally designed, manufactured and marketed sensor technology equipment, and subsequently computer equipment.
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Sentex Sensing Technology, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.