DENVER, Feb. 5, 2007 (PRIME NEWSWIRE) -- HS3 Technologies, Inc. (OTCBB:HSTH), a world-wide provider of innovative security solutions, is pleased to introduce their proprietary HS3-100 Series Biometric Door Lock Products. Unlike conventional door locks, HS3 biometric door locks use the touch of a registered fingerprint to unlock the door instead of keys or cards, which can be stolen or copied. Users also do not need to remember any passwords or PIN codes. The lock design has a hi-tech appearance combined with uncompromising style to create a personal statement of taste and sophistication.
Mark Lana, company CEO commented, "This series of biometric door locks is revolutionary in that it will allow the consumer, corporate and government sectors to enjoy the same benefits that biometric security have provided for years, but without the cost normally associated with biometric products. Recurring revenue is a critical component to the company and having the programming kit will allow the dealers to generate both installation and recurring revenue with the additional features they will be able to provide after the lock has been installed."
Having both a residential HS3-101S and commercial HS3-113S product will allow the company to capitalize on all market segments. The residential model features easy installation, operation and programming, low power consumption, battery operated design, 3 modes, 47 users and many colors and configurations for a wide variety of applications. Commercial models have the same features as the HS3-101S as well as an increase in number of users to 300, advanced programming and management controls, built in real-time clock which allow full reporting capabilities for time zones, or an audit trail of employee actions.
The HS3-113S is programmed using the companies' proprietary programming kit HS3-113PK, which will allow the company through its dealers and distributors to generate recurring revenue for the dealers from the many features offered through the HS3-113S, be it new fingerprint enrollment, audit trail reports or establishing time zones.
About HS3 Technologies, Inc.
HS3 Technologies, Inc. ("HS3") is a national provider of innovative security solutions, headquartered in Denver, Colorado. HS3 provides technologies and services through a national authorized dealer and distribution program. Utilizing independent sales professionals, national distribution and local dealers, HS3 offers custom security solutions for commercial, residential, government and military applications. These state-of-the-art products include digital video recording technology (DVR), biometric access control (door locks), personal biometric identification units, CCTV, video monitoring centers, cellular networks, wireless mesh networks units and wireless internet-linked satellite surveillance systems. HS3 Technologies is bringing together technologies, services and people to fulfill the increasing global security needs of today and tomorrow.
Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, that the HS3 biometric doors locks may generate both installation and recurring revenue with the additional features they will be able to provide after the lock has been installed, that such products will allow the company to capitalize on all market segments, and the specific features and applications of the door lock models.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, HS3's ability to manufacture the products to function as designed and the ability of the products to gain market acceptance; and HS3's ability to supply high-speed satellite Internet access and integrated security technologies to any location in the country, at higher speeds and lower costs. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the Company's recent current reports on Form 8-K, our annual report on Form 10-KSB, our quarterly reports on Form 10-QSB and other periodic and current reports filed from time-to-time with the Securities and Exchange Commission.