Galton Biometrics Retains Equitilink for Investor Relations7 December 2004
Galton Biometrics (Pink Sheets: GALB), is pleased to announce that it has retained Equitilink, LLC to lead its financial communications and shareholder relations campaign. A San Diego agency, Equitilink provides a variety of custom services for public companies seeking results-oriented investor relations programs. The selection of Equitilink follows several weeks of negotiations between the two companies.
Equitilink, which specializes in small-cap stocks, helps public companies improve their shareholder relations through professional, cost-effective public and investor relations' strategies. The over two-dozen financial communications professionals that comprise Equitilink help their clients to achieve fair market value by expanding public awareness and enhancing corporate image. "We are excited to represent Galton Biometrics. Our staff is impressed with their business strategy, particularly their approach to integrating biometric technologies, which is unique within the growing biometrics industry," said James J. Mahoney, Managing Director of Equitilink. "We are prepared to help our client communicate its long-term business plans and growth strategies, and thus help Galton Biometrics achieve greater shareholder value," Mahoney added.
Biometric identification (identification via measurable biological characteristics, such as facial recognition, or body mapping of physical parts such as hands or fingerprints) is a rapidly growing industry in the U.S and abroad - largely due to increased terrorism and violent acts worldwide over the last decade. Galton Biomtrics is committed to providing faster, better biometric identification software and technologies to meet the security needs of governments and large corporate organizations. Faster identification technology will help reduce many problems that have surfaced since 9-11, including long lines and crowding - a growing concern at airports and border crossings worldwide. Additionally, improved identification processes will help officials detect both unauthorized and targeted individuals sooner and more effectively. "We are pleased to have Equitilink on board, as we have had numerous requests for information on our technology recently from our shareholders and from prospective investors alike", stated Bob Hilsinger, CFO of Galton Biometrics. "By outsourcing investor relations to a quality firm such as Equitilink, our team will be freed up to focus more on developing our business, particularly the U.A.E. contract we are actively pursuing as well as several key personnel additions - of which one or more we hope to announce very soon". In addition he added, Equitilink have disseminated our long awaited Q&A as part of their first tasks to our registered subscribers so we are off to a good start"
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. The words "estimate," "project," "intends," "expects," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbour" provisions of the Private Securities Litigation Reform Act of 1995. For a more complete description of these and other risk factors that may affect the future performance of Galton Biometrics, see "Risk Factors" in the Company's Annual Report on Form 10-KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made and the Company undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.
Source: PR Newswire
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