Oceana Partners, LLC Initiates Research Coverage On bioMetrx, Inc.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Oceana Partners, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control today announced that it has initiated research coverage on bioMetrx, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : BMRX). bioMetrx develops and markets biometric, fingerprint-activated access and control devices that provide both security and convenience for everyday electronic consumer and medical products. The company's patent-pending technology enables fingerprint-activated access and control to be incorporated into existing consumer products and small devices such as door locks, alarm pads and thermostats, without the need for an integrated keypad. Patricia Giberson, Oceana's Research Analyst, stated that "the bioMETRX targeted market is very large. 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. the 2000 U.S. Census, there are 55.2 million single family homes on less than ten acres in the U.S. bioMETRX management estimates that approximately 30 million households have garage door openers and approximately 10 million have electronic thermostats. With an achieved sales price of $100, the market for the smart door opener door opener n. 1. An electromechanical or electronic device for automatically opening a door, as one to a garage. 2. Informal An effective means of gaining success or seizing an opportunity. could reach $3 billion in the United States. With an achieved price of $160, the smartSTAT(TM) market could reach $1.6 billion". The company has received over $3.5 million in retail orders for the smartTOUCH(TM) Garage Door Opener, including an agreement with a major U.S. home improvement retailer for 40,000 units. According to Courtlandt G. Miller, Oceana Partners' Senior Managing Director and Research Partner, "The consumer market appears poised to utilize fingerprint biometrics for access and control of everyday devices. With adequate funding, the company's long-term sales and earnings outlook appear very strong". About Oceana Partners LLC: Oceana Partners LLC is an investment banking firm and broker dealer dedicated to providing innovative, professional financial services to, and quality research on, emerging growth companies in the middle, small and micro-cap markets. The firm strives to identify under-researched small-cap and microcap equities and to increase awareness of these stocks among investors with a high risk orientation. Oceana attempts to identify companies that have reached an inflexion inflection, inflexion the act of bending inward, or the state of being bent inward. point, from which the covered company is expected to enjoy outsized out·size n. 1. An unusual size, especially a very large size. 2. A garment of unusual size. adj. also out·sized Unusually large, weighty, or extensive. Adj. 1. growth in sales and profitability. About bioMetrx, Inc. bioMETRX, Inc. Jericho, New, York, designs, develops and markets biometrics-based products to the consumer, health information, medical devices and small business markets under the common brand name -- smartTOUCH(TM). The company operates through three wholly owned subsidiaries Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. : bioMetrx Technologies; smartTOUCH([TM])Security, Inc.; and smartTOUCH([TM])Medical, Inc. For more information on bioMETRX and/or the company's smartTOUCH[TM] line of products including the Garage Door Opener, visit the Company website at bioMETRX. Disclosure: Oceana's report is based on independent analysis and judgment. Information, opinions or recommendations are for advisory and information purposes. The facts and information utilized in the research report have been obtained from sources believed to be reliable; however Oceana neither guarantees nor represents the accuracy or completeness of the information. . Patricia D. Giberson, the analyst contributing to this report, certifies that the views expressed in the report are an accurate representation of her personal views about the Company and its publicly traded securities. 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 provides a safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. for forward-looking statements. Oceana cautions all investors that such forward-looking statements are not guarantees of future performance. Readers are urged to do due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. and to consult the Company's SEC filings to better understand the inherent risks with the Company's securities. No forward-looking statements are a guarantee of future results or events. |
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