PMAH PlasmaTech Inc (CE)

PlasmaTech, Inc. (Pink Sheets: PMAH) is pleased to announce the appointment of Pete Martin as the company’s vice president of sales and marketing.

Martin is a successful entrepreneur and a veteran in the card access and RFID (radio frequency identification) industry. He has a B.A. from American University (Washington, D.C.) and a Master’s Degree in International Affairs from George Washington University.

In 1990, Martin founded Automatic Access Control (AAC) in Baltimore, Maryland, a company specializing in gate access control systems combined with RFID applications. After selling AAC in 1995, he relocated to Atlanta, Georgia, where he founded Access Control Technologies, also specializing in RFID access solutions, which he sold in 1998.

In 2000, Martin founded AAID Security Solutions, which grew to become one of the most prolific integrators of RFID solutions, with over 4,000 sites installed over a 7-year period. Upon sale of AAID in 2007, Martin remained as acting president for two years.

Since 2009, Martin has served as president of 1st Choice Security Systems (Atlanta, Georgia), specializing in RFID solutions as a stocking distributor to a large reseller base.

“1st Choice and PlasmaTech draw from each other’s strengths and expertise and have been working closely to bring our complementary products to market as total security solutions,” stated Marvin Williams, president of PlasmaTech, Inc. “Pete Martin has repeatedly demonstrated his ability to build a sales channel and successful businesses from the ground up, and choosing him as our VP of sales and marketing was a natural,” Williams added. Williams indicated that effective immediately, all of PlasmaTech, Inc.’s sales leads will be developed and serviced through the Atlanta offices of 1st Choice, with Martin overseeing PlasmaTech’s entire sales operation.

PlasmaTech Wireless Inc.

PlasmaTech, Inc. is an innovator in the development, design, manufacturing and worldwide marketing of secure wireless solutions for consumer, industrial and government applications. PlasmaTech’s platform technology provides military-grade encryption security for the transmission of data, voice and video over wireless data communication links, offering extreme distances that were previously unachievable in the industry. Visit the Company’s website at www.PlasmaTechwireless.com, or see the Company’s newest products at the ISC West Trade Fair in Las Vegas, Nev., March 24th to 26th, in Booth #2055.

Statements in this press release may be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend” “intend” and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company’s business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and those risks discussed from time to time in PlasmaTech’s filings with the Securities and Exchange Commission. In addition, such statements could be affected by risks and uncertainties related to the ability of PlasmaTech to pay its debts to RF Wireless in order to retain title to PlasmaTech’s intellectual property, the ability of PlasmaTech to effectively manage the intellectual property acquired from RF Wireless and integrate it into the business of PlasmaTech, product demand, market and customer acceptance, competition, pricing and development difficulties, as well as general industry and market conditions and growth rates and general economic conditions. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release. Information on PlasmaTech’s website does not constitute a part of this release.

PlasmaTech (CE) (USOTC:PMAH)
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