Magnetic Automation Joins Invisa OEM Parking Gate Safety Program.SARASOTA, Fla. -- Invisa Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :INSA INSA Institut National des Sciences Appliquées (French) INSA Indian National Science Academy INSA Indian National Shipowners' Association INSA Instituto Nacional de Saúde Ricardo Jorge (Portugal) ) today announced that Magnetic Automation Corp. of Rockledge, Florida Rockledge is a city in Brevard County, Florida, United States. The population was 20,170 at the 2000 census. As of 2004, the population recorded by the U.S. Census Bureau is 23,295 [1]. , has joined Invisa's OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and Program for parking gate manufacturers. Magnetic Automation is the U.S. unit of the Magnetic Autocontrol Group, one of the world's largest manufacturers of barrier gates. Magnetic Autocontrol is headquartered in Germany with operations in the U.S., Brazil, India, Malaysia, China and Australia. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Stefan Tea, General Manager, Magnetic Automation, "Magnetic has consistently been proactive in the area of gate safety. We believe that integrating the SmartGate non-contact safety system into our best gate product lines makes a powerful statement to our distribution chain while at the same time greatly enhancing our risk management strategy. We want everyone from our distributors & dealers right down to the ultimate owner/operators of our gates to have the opportunity to purchase the safest possible Magnetic gate products available." "The enhanced risk management position we achieve, by making our SmartGate equipped gate lines the standard first offering at virtually all sales opportunities, is a valuable added bonus of the Invisa OEM program. Enlightened gate manufacturers and prominent powered closure industry leaders consistently strive for the best possible safety standards Safety standards are standards designed to ensure the safety of products, activities or processes, etc. They may be advisory or compulsory and are normally laid down by an advisory or regulatory body that may be either voluntary or statutory. for our products. Magnetic Automation is once again leading that charge by integrating Invisa's SmartGate safety system into our gate products," concluded Mr. Tea. Invisa's line of SmartGate safety equipment is the only electronic non-contact safety system designed to provide an invisible field that moves with and precedes the gate arm. If the gate arm is coming down on a pedestrian, bicycle, motorcycle, car or other vehicle, the gate arm is signaled to stop and reverse before any contact has been made to avoid injury and damage. Steve Michael, Invisa's acting President, stated, "Magnetic Automation leads the global gate market in innovation and sales and we are proud that an organization with the reach and reputation of Magnetic has chosen Invisa as its partner in advancing gate safety standards. Risk is particularly high in environments with heavy pedestrian traffic, especially where there may be children, general pedestrian traffic, bicyclists, or motorcyclists. We believe Magnetic's new product offerings will be particularly attractive in environments that can be high risk for parking gates such as employee and customer parking lots, gated subdivisions, condominiums & apartments, municipal buildings & parking facilities, entertainment venues, airports, hotels and pay-parking facilities." Manufacturers seeking to join the OEM partner program can contact Carl Parks, Invisa chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , via e-mail at cparks@invisa.com or call 941-355-9361, ext. 124. About Magnetic Automation Corp. Magnetic Automation is a leader in the U.S. parking and security field providing quality solutions for pedestrian and traffic control. Magnetic is located in Rockledge, FL next to the NASA NASA: see National Aeronautics and Space Administration. NASA in full National Aeronautics and Space Administration Independent U.S. shuttle assembly and launch facility. Magnetic USA has strategically placed distributors in all states, Mexico, Canada, and Central and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. . The Magnetic Autocontrol Group is one of the world's largest manufacturers of barrier gates and is a subsidiary of the CRH CRH corticotropin-releasing hormone. CRH abbr. corticotropin-releasing hormone CRH corticotropin releasing hormone. Building Group. CRH has operations in 24 countries employing approximately 60,000 people at over 2,100 locations. CRH is listed on the Irish and London Stock Exchanges London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. and through its ADRs on NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on . http://www.crh.com About Invisa Invisa presence-sensing solutions serve the electronic life safety and security markets. Invisa's proprietary InvisaShield technology is based upon capacitive sensing and is resistant to known methods of circumvention without employing infrared, laser, ultrasound or microwave radiation. InvisaShield can detect intruders who violate a sensing zone ranging from millimeters up to 1 meter. Invisa's SmartGate(R) safety system generates an invisible protective field that moves with and precedes the potentially hazardous leading edge of powered gates, garage doors, sliding doors and other powered closures. For information about SmartGate(R) products or the patented InvisaShield(R) Technology, visit http://www.invisa.com or call 941-355-9361. A video of SmartGate in action can be viewed at the company Web site. This press release contains certain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. The company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the company's current beliefs and are based upon currently available information. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. Factors which may cause such differences include the company's ability to meet planned delivery schedules, cancellation of orders, and other risks disclosed in the company's SEC filings. The company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information covered in this press release, including such forward-looking statements. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion