LEESBURG, Va., Sept. 13 /PRNewswire-FirstCall/ -- Catcher Holdings Inc.
(OTC Bulletin Board: CTHH) (http://www.catcherinc.com) the developer of the
CATCHER Device, which is designed and engineered to provide field personnel
and first responders access to mission critical information, today announced
it has won a new contract order, valued at approximately
Under the terms of the agreement, initial shipments are scheduled to begin before the end of the calendar year. Hal Turner , CEO of Catcher Holdings comments, "This contract is a significant development for Catcher Holdings. As a provider of highly specialized physical and data security solutions, this systems integrator felt that CATCHER (TM) offered a unique platform for their customers and having reviewed many of the competitive products on the market, selected CATCHER(TM) as the primary mobile computing and communications platform for their market base." Turner adds, "We are continuing to see accelerated interest as our reseller and systems integrator partners continue to educate the market on the advanced feature function set of our combined communication and computing platform. We believe we are well on our way to exciting times at Catcher as our market recognition and bid activity increases."
Catcher Holdings Inc. is a revolutionary developer of ruggedized, real-time, mobile computer platforms. The CATCHER(TM) ruggedized mobile computing unit is built to give the military, Homeland Security, law enforcement, first responders and security professionals a decided advantage in the war on crime and terror. The highly durable CATCHER(TM) offers superior convergent technology to assist security and operations professionals survey, assess and communicate information. CATCHER(TM) provides a multitude of features including fingerprint reading, dual full motion video cameras, still camera, integrated voice recorder, 2-dimensional and 3-dimensional fix GPS, WiFi, a panic button integrated voice recorder, with additional easy to use suspect submission form and translation capability. The CATCHER (TM) was specifically designed to continue to perform under extreme temperature and weather conditions that enforcement professionals often encounter.
About Catcher Holdings, Inc.
Catcher Holdings, Inc.'s wholly owned subsidiary, Catcher, Inc., is the developer of the CATCHER(TM). The CATCHER(TM) is the culmination of new technology breakthroughs, extensive research and product development that the Company believes will meet the needs of many government agencies and commercial entities for a ruggedized, portable, handheld computer, communications and telemetry control device. The unit was designed and engineered to provide field personnel and "First Responders" access to mission-critical information in the form of wireless or wired, real-time bi-directional voice, video, text, telemetry and data-enabling command center personnel to remotely view an incident or job site. The device weighs just 5.8 lbs. when equipped with two batteries that can last up to 8 hours, and, without the batteries, weighs 3.8 lbs. The CATCHER(TM) is 10 inches wide, 7.25 inches tall, 2.25 inches deep, with a sunlight-viewable 6.4-inch diagonal VGA LCD backlit touch screen. Photographs and detailed descriptions of the new CATCHER(TM) device are available on the company's website at http://www.catcherinc.com.
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.
SOURCE Catcher Holdings, Inc.