PMAH, We are battling back here – Once the .30 falls the momentum should take us to $1.00

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PMAH, We are battling back here – Once the .30 falls the momentum should take us to $1.00

Posted on 06 January 2010 by admin

PennyStockChaser

Hi Subscriber,

PMAH is starting to bounce here. As we reported yesterday, some weak hands sold out of the stock. Now is the time for a strong rally. The stock was up 8.2% today and is up 61.53% since our initial alert @ .13.

We spoke to the company today about their press release. They tell us that new launch of the 2400DL Door Lock is going to land them some big contracts.
This PR falls right into line with our initial conference call. They promised us solid news and it looks like we are getting. It would not surprise us to see some large contracts announced.

Contract news will fire up PMAH and it could be the spark to cause the run up to $1.00.

PlasmaTech Launches its First Wireless Access Control Product--The 2400DL Wireless Door Lock with Built-in Card Reader

2010-01-05 22:02 ET - News Release LAS VEGAS -- (Business Wire)

PlasmaTech, Inc. (PK:PMAH), a wireless technology innovator providing solutions to the $120 billion global security market, announced today it has officially launched its first wireless access control product, the 2400DL wireless door lock with built-in card reader. The 2400DL device remotely controls and helps prevent tampering to all access points in a business, home, government building, or anywhere the highest security protocols are required.

PlasmaTech's wireless door lock easily mounts to virtually any door, greatly reducing the time and construction costs associated with replacing, retrofitting or removing existing wired security systems. PlasmaTech’s engineering recognizes that with less security personnel and outdated wired systems, a building is left vulnerable to physical attack or loss of data intelligence. Designed with today’s virtual working environments in mind, PlasmaTech’s wireless door locks provide a cost-effective solution to lessen the risks to building security. The company’s wireless solutions allow organizations to reduce the costs of security and conserve valuable resources across the enterprise. “Our wireless access control solutions deliver military-grade security remotely, and with total wireless control that allows organizations to meet increased security needs while containing costs, which is certainly an attractive benefit in the current economic environment,” said President of PlasmaTech, Inc. Marvin Williams.

Williams continued, “We anticipate sales agreements for a number of large installations for the 2400DL.” Williams also indicated that the Company is working with its resellers to various state and local governments on developing customized wireless access control products that will further demonstrate the flexibility of its solutions. He said that the Company plans to release a retail version of the 2400DL for the consumer home market in the latter half of 2010.

Since installation of the PlasmaTech technology does not require replacement of host or peripheral equipment, the Company reduces the need for complicated wiring of doors and gates. The card reader data, door position sensing, egress, lock control and auxiliary inputs and outputs are all controlled remotely using PlasmaTech proprietary and copyrighted wireless access control technologies, devices and systems.

About PlasmaTech, Inc.
PlasmaTech, Inc. is an innovator in the development, design, manufacturing and worldwide marketing of secure wireless solutions for consumer, industrial and government applications. PlasmaTech’s platform technology provides military-grade encryption security for the transmission of data, voice and video over wireless data communication links, offering extreme distances that were previously unachievable in the industry. Visit the Company’s website at www.plasmatechwireless.com.

Contacts:
PlasmaTech Investor Relations
Madeleine Franco, 702-490-4302
mfranco@plasmatechwireless.com

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