Published: August 01, 2006
CyberKey Solutions, Inc. Receives Forty-Thousand Unit Purchase Order From the Department of Homeland Security
Department of Homeland Security Adds CyberKey's New Biometric USB Drives to Original $25 Million Purchase Order
CyberKey Solutions, Inc. (PINKSHEETS: CKYS)
announced today that the Company's $25,000,000 purchase order from the
Department of Homeland Security has been increased by 40,000 units.
CyberKey Solutions will be providing an additional forty-thousand CyberKey
BIO units, which includes all of the same security software as the standard
CyberKey units along with the added feature of biometric fingerprint
recognition.
The new order from the Department of Homeland Security is estimated to be
worth more than $600,000. The initial purchase order from the Department
of Homeland Security was for 150,000 CyberKey units, of which 63,000 have
already been shipped. CyberKey Solutions, Inc. recently announced that the
Company received a $25 million purchase order from DHS and reported
earnings of over $12,152,060 for the first and second quarters of 2006.
CyberKey Solutions posted their 1st and 2nd Quarter 2006 unaudited
financials on the Company's website, , and also on
www.pinksheets.com. The Company is currently in the process of auditing
their financial statements and is expecting to file them in the near
future.
"This addition of 40,000 CyberKey BIO units is an exciting development for
our Company and our shareholders. By expanding our relationships with
current customers and increasing orders and revenue, we are continuing to
prove that we are an undervalued company with a profitable future," stated
Jim Plant, CEO of CyberKey Solutions, Inc.
About CyberKey Solutions, Inc.:
CyberKey Solutions, Inc. recently received a $25 million purchase order
from the Department of Homeland Security. CyberKey Solutions is currently
shipping their USB flash drives to the Department of Homeland Security as
well as to all branches of the U.S. Military. CyberKey Solutions, Inc.,
based in St. George, Utah, partners with industry leading manufacturers and
distributors to deliver secure USB drive based solutions to vertical
markets and content owners, service providers and resellers. CyberKey's
solutions solve real world issues in the entertainment, education,
government, military, automotive, financial services and medical
industries. CyberKey Solutions' technologies allow users to securely
transfer large amounts of data, files and applications software from one
electronic device to another while employing a patent pending USB based
Digital Rights Management process. CyberKey's solutions create new
opportunities for existing industries and applications.
For more information, please visit CyberKey's website:
Statements contained in this news release, other than those identifying
historical facts, constitute 'forward-looking statements' within the
meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe
Harbor provisions as contained in the Private Securities Litigation Reform
Act of 1995. Such forward-looking statements relating to the Company's
future expectations, including but not limited to revenues and earnings,
technology efficacy, strategies and plans, are subject to safe harbors
protection. Actual company results and performance may be materially
different from any future results, performance, strategies, plans, or
achievements that may be expressed or implied by any such forward-looking
statements. The Company disclaims any obligation to update or revise any
forward-looking statements.
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