Vital Enhancement in Firearm Safety: NRA To Offer Secure Gun Safe Using Biometric Technology.Business Editors FAIRFAX, Va.--(BUSINESS WIRE)--Aug. 12, 2003 The National Rifle Association of America National Rifle Association of America (NRA), group founded (1871) to promote shooting, hunting, firearm safety, and wildlife conservation. The NRA has nearly 3 million members. (NRA NRA (National Rifle Association of America) organization that encourages sharpshooting and use of firearms for hunting. [Am. Pop. Culture: NCE, 1895] See : Hunting ) and Sequiam Corporation. Sequiam Biometrics, Inc., a wholly owned subsidiary 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. of Sequiam Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SQUM), announced the intention of the NRA and Sequiam to enter into a licensing agreement through which the BioVault(TM), a secure gun safe that utilizes patent pending technology and protocols to recognize a person's fingerprint to unlock, will be offered for sale to NRA members. The BioVault(TM) will be offered for sale online and will be featured among the products offered in connection with the NRASafe(TM) program that the NRA announced at its annual meeting of members in Orlando, Florida The city of Orlando is a major city in central Florida and is the county seat of Orange County, Florida. According to the 2000 census, the city population was 185,951. A 2006 U.S. in April. 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. Wilson H. Phillips Jr., NRA's Treasurer and Chief Financial Officer, "We are enthusiastic about working with Sequiam and the BioVault(TM). We believe they offer an excellent solution for safe gun storage, with both secure and rapid access to a personal firearm." "We believe that the inclusion of the BioVault(TM) among the NRASafe(TM) products will greatly increase our visibility, which will enhance our ability to develop advanced security technologies and more effectively serve the security needs of both the public and private sectors," said Nick VandenBrekel, Chief Executive Officer of Sequiam Corporation. "We have already made the first sales of BioVault(TM) units, and anticipate the BioVault(TM) and other biometric technologies will revolutionize the way people approach security issues." National Rifle Association of America 11250 Waples Mill Road Fairfax, VA 22030 Andrew Arulanandam 703/267-3820 |
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