PlasmaTech, Inc. (Pink Sheets:PMAH), a wireless technology innovator providing solutions to the $120 billion global security market, issued today a case study demonstrating the successful deployment of its newly acquired Virtual Communications Port / 232 IP system (VCP). The VCP was deployed by a North American sports apparel designer manufacturing in China (the “client”).
The client needed a faster, less cumbersome method for communicating design changes from its Canadian office to its computerized numeric control (“CNC”) weaving machines in China. Previous operational methods required submitting changes over the Internet to China, then manually transferring the changes onto a disk that was manually installed on each machine. With over 375 machines running simultaneously, the Company’s VCP technology was adapted to solve these inefficiencies.
With the addition of a small OEM Ethernet control device to the Company’s VCP technology, the requirements for an Ethernet connection to the client’s computerized weaving machines was met. The VCP system enabled the client to select one of 375+ IP addresses (each linked to a weaving machine) and wirelessly access a particular machine via a secure wireless connection. The client was able to not only download a program to the machine, but to also remotely activate the CNC to watch and monitor a prototype weave in real-time.
By enabling bi-directional wireless communication from design office to the factory floor, PlasmaTech’s newly acquired technology added value to the supply chain, increasing cost-efficiencies and minimizing errors. “Such benefits can directly add to the bottom-line, enhancing profit potential and increasing production capacity for any number of industries. We look forward to capitalizing on these market opportunities in 2010,” said PlasmaTech President Marvin Williams.
The VCP system is now available in various radio frequency formats including, Zigbee, Bluetooth, 900 MHz, 2.4 GHZ and Zigbee/802.15.4 radios. In addition to CNC machines, the VCP system can provide a secure wireless connection via Ethernet for devices such as ATM machines, data collection devices, telecommunications equipment, data display devices, security alarms and access control devices, and handheld instruments.
About PlasmaTech, Inc.
Statements in this press release may be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend” and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company’s business based, in part, on assumptions made by management.
These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and those risks discussed from time to time in PlasmaTech’s filings with the Securities and Exchange Commission.
In addition, such statements could be affected by risks and uncertainties related to the ability of PlasmaTech to pay its debts to RF Wireless in order to retain title to PlasmaTech’s intellectual property, the ability of PlasmaTech to effectively manage the intellectual property acquired from RF Wireless and integrate it into the business of PlasmaTech, product demand, market and customer acceptance, competition, pricing and development difficulties, as well as general industry and market conditions and growth rates and general economic conditions.
Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release. Information on PlasmaTech’s website does not constitute a part of this release.