Tuesday, August 25, 2009

BioTraits, Inc. Enters Distributor Contracts to Market Panasonic Systems Solutions

BioTraits, Inc. Enters Distributor Contracts to Market Panasonic Systems Solutions

ORLANDO, Fla. - BioTraits, Inc., the biometric technology company that provides customized biometric software and turnkey security/IT solutions for a wide range of clients, recently signed contracts to distribute Panasonic security products.

Peter A. Wengert, founder and chief executive officer of BioTraits, Inc., said the distribution contracts establish important new business lines for the firm, which is currently expanding to accommodate more than $1 million in upcoming contracts.

“Panasonic System Solutions Company is a division of Panasonic Corporation of North America,” Wengert explained.

Panasonic offers a wide range of IP and analog video surveillance equipment, imaging devices for the medical, industrial, and entertainment industries, point-of-sale and drive-thru communications systems for food service and hospitality industries, and large-screen LED digital signage and digital sports coaching systems.

BioTraits Inc. is a UCF Business Incubation Program client in the Central Florida Research Park.

For more information about this release contact:
Peter A. Wengert, CEO BioTraits, Inc. 3267 Progress Drive, Suite 103, Orlando, FL 32826; 866-815-0888 or peter@biotraits.com

Carol Ann Dykes, Site Manager, UCF Business Incubation Program, 407-882-0211, cdykes@mail.ucf.edu

Thomas O’Neal, Executive Director, UCF Business Incubation Program, 407 882-1120, oneal@mail.ucf.edu
Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 or LvershelCo@aol.com

About BioTraits:
Founded in March 2003, BioTraits, Inc. is a biometric company providing solutions for biometric identification and verification products through its development of a suite of workforce management products and distribution of biometric access control products. For more information, visit www.biotraits.com.

About the UCF Business Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 120 emerging companies (including nearly 70 current clients) create over $500 million in annual revenue and more than 1600 new jobs with an average salary of $59,000. With five facilities across the Greater Orlando community, the Incubation Program is a collaboration in economic development between the University of Central Florida, Orange County, the City of Orlando, Seminole County, the City of Winter Springs, Lake County, the City of Leesburg and the Florida High Tech Corridor Council. For more information, please visit www.incubator.ucf.edu.

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