JMAR Technologies, Inc. (OTCBB:JMAR), a leading developer of advanced laser, photonics and detection technologies, announced today that it has received a purchase order from Aquatech Solutions GmbH for two BioSentry™ Systems. Aquatech is JMAR’s distributor for the BioSentry in Switzerland and Germany, and the two systems will be included in a water safety evaluation program being conducted near Chiasso, Switzerland.
Aquatech, a manufacturer and distributor of water process equipment in Europe, has partnered with the Swiss company von Roll to produce a multi-parameter chemical water surveillance system, the Hydrobox™. The system integrates a host of sensors from a variety of manufacturers into a single, modular device. Each system is interconnected via proprietary monitoring and control software. Hydrobox, combined with JMAR’s BioSentry, provides broad spectrum protection for both chemical and biological contaminants in potable water systems.
“The combined HydroBox/BioSentry system is just what the European market is looking for,” stated Aquatech CEO Alejandro Schnyder. “We see great potential for our combined technologies and a successful, long relationship with JMAR.”
“Thanks to new financing, JMAR is implementing several product improvements needed by municipalities, so we are very pleased to have the BioSentry included with the Hydrobox system,” stated Neil Beer, JMAR’s President and CEO. “We believe this combination of robust chemical and real-time biological monitoring will provide the water utility industry their best defense against contamination events.”
About JMAR Technologies
JMAR Technologies, Inc. is a late-stage technology company with expertise in the development and early commercialization of detection and laser-based technologies for nano-scale imaging, chemical and biological analysis, and fabrication. The Company is leveraging more than a decade of laser and photonics research in developing a portfolio of products with market applications in high interest areas such as homeland security, biological monitoring of water quality, and hazardous materials detection. These technologies represent significant intellectual property which includes more than thirty issued or pending patents.
This news release contains certain “forward-looking statements.” Forward-looking statements are based on current expectations and assumptions and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, and many of which are beyond the Company’s control. Actual results could differ materially from these forward-looking statements as a result of a number of factors, including the uncertainty of acceptance in the market for our products and technologies or the acceptance of our customers’ products or technologies which incorporate our products and technologies, the failure of our technology to perform as predicted, competition from alternative technologies, uncertainties as to the size of the markets, cost and margins for JMAR’s products, current or future government regulations affecting the use of JMAR’s products, the lack of availability of critical components, the degree of protection from future patents, other risks associated with the development or acquisition of new products or technologies and those risks detailed in the Company’s Form 10-K for the year ended December 31, 2006 filed with the SEC. Given these risks and uncertainties, investors are cautioned not to place undue reliance on such forward-looking statements and no assurances can be given that such statements will be achieved. JMAR Technologies, Inc. does not assume any duty to publicly update or revise the material contained herein.