Sequiam Acquires Global Rights to Tacoma Technology

Sequiam, through its subsidiary Sequiam Biometrics, a provider of biometric technology and services, announced that it has completed the acquisition of the global rights to Tacoma Technology's products and technologies, which include a number of end user products and a proprietary optical fingerprint sensor and related software.

Sequiam will take over all manufacturing and distribution duties for the products. Sequiam will also take over all sales duties for the products, including sales to existing customers such as OKI, American Power Conversion (APC) and ITron.

Tacoma's CEO, Joseph Lee, said that, "After examining Sequiam's technological capabilities and market reach we determined Sequiam was the ideal partner to take our company to the next level. We are very impressed with Sequiam's biometric and management capabilities and see a long and productive relationship with Sequiam Corporation."

Nick VandenBrekel, CEO of Sequiam, said, "By adding Tacoma's advanced biometric capabilities to our existing products and intellectual properties, we have greatly expanded our finished product offerings that now includes our own proprietary advanced high resolution optical sensor." Nick adds, "We look forward to providing the same high level of professional service to Tacoma's clients as we do our own customers."

Based in Taipei, Taiwan, Tacoma Technology is an OEM manufacturer and distributor of proprietary biometric technology in Taiwan, Japan and China.

Headquartered in Orlando, Florida, Sequiam develops, markets, and supports a portfolio of proprietary security, OEM and biometric solutions.

[Wireless News -- 04/24/06]