LEESBURG, Va., Jan. 8 /PRNewswire-FirstCall/ -- Catcher Holdings, Inc. (OTC Bulletin Board: CTHH), (http://www.catcherinc.com), a leader in ruggedized integrated mobile computing and Wi-Fi communication platforms today announced several organizations that supply products and integration services to the US Department of Defense and to the U.S. Department of Homeland Security have begun accepting shipments of Catcher's recently introduced CATCHER(R) Grizzly ("Grizzly") product line. The Grizzly, which was previously called by its internal product name of version 2.0, joins the CATCHER(R) Rhino platform extending the family of products available from Catcher. Grizzly is a rugged, advanced convergent platform which combines state-of-the-art computing power with communications and audio/video technologies as well as biometric sensors and GPS capabilities. Shipments to these customers began late in the fourth quarter of 2007.
Gary Haycox, Chief Executive Officer of Catcher commented, "These shipments of our new Grizzly product line mark an important milestone for our company. We believe this product easily outpaces the competition in computing power, convergent technology and biometric capabilities important to defense and homeland security related applications. Many of our system integrator partners and government agencies are expressing their strong desire for our highly rugged mobile biometric driven computing platforms. We strongly believe our new Grizzly meets these demands and enables the user with increased flexibility in many other security-related applications."
About the Grizzly
The Grizzly is an advanced convergent device, produced by Catcher Holdings, Inc. The product is in ruggedized mobile computer with integrated GPS, voice, data, biometric and a suite of communications technologies. The computing platform, which is built to be MIL-STD 810F compliant, is based on embedded Intel chipsets, comes with an 80 or 120 Gigabytes hard drive and up to 4 Gigabytes of random access memory, dual batteries and an advanced SVG or XGA 8.4" sunlight readable touch screen display, with a small QWERTY keyboard. Additional features include two video cameras with digital watermarking capabilities, biometric sensors including a fingerprint scanner (>500 dpi) and iris scanning capabilities (optional), and digital voice recorder. A unique emergency alert feature featuring a "Panic Button" that when depressed automatically begins recording the audio and video events that occur. A wired and wireless communications suite which includes Bluetooth, Wi-Fi-802.11 b/g and Gigabit Ethernet is standard. Additional information about the Grizzly is available at the following site: http://www.catcherinc.com/page.asp?itemid=77
About CATCHER Holdings, Inc.
Catcher Holdings, Inc. is a leading provider of standards-based solutions that address high-speed mobile computing in the harshest and most demanding application environments. The Company combines Vivato Networks patented Packet Steering(TM) phase array Wi-Fi base stations with the CATCHER family of command and control platforms to address technology requirements where ruggedized, mobile computing devices and high-speed Wi-Fi network connectivity are required.
The capabilities of both product families provide synergies in application solutions such as biometric management and video surveillance yield a systems level approach and address the unique mobile computing, communications and application solutions needs of multiple market segments. Customers in a wide range of markets including military, homeland security, integrated public safety, municipal, transportation and logistics benefit from true systems level solutions, addressing the harshest and demanding mobile application environments.
Special Note Regarding Forward-Looking Statements: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 involving known and unknown risks, delays, and uncertainties that may cause the Company's actual results or performance to differ materially from those expressed or implied by these forward-looking statements. These risks, delays, and uncertainties include, but are not limited to: the Company's ability to generate product sales and operating profits; the Company's ability to obtain sales prices at or near its MSRPs; cancellation provisions in the Company's reseller agreements for shipments beyond 90 days of order; vulnerability to technology obsolescence; competition by better capitalized companies; difficulty in managing growth; dependence on key personnel; and other risks which are discussed in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.
Company Contact information ------------------- Media Relations: Reinier Tuinzing Voice: 503-804-9116 [email protected] Investor Relations: Jeff Salzwedel Voice: 503-722-7300 [email protected] Financial Analyst: Denis McCarthy Chief Financial Officer Voice: 925-949-8309 [email protected]SOURCE Catcher Holdings, Inc.
