CARSON CITY, Nev., May 10, 2004 (PRIMEZONE) -- Stafford Energy, Inc., ("Stafford") (Pink Sheets:SFDE), recently announced a Binding Letter Agreement with Abucco Technologies Inc. ("Abucco"), a private company incorporated under the laws of British Columbia.
Abucco is a developer and a producer of embedded solutions that provide monitoring and full control of remote devices and appliances using wireless (cell phones, PDA's) and TCP/IP (web browser) connections. Abucco's unique, proprietary technology AicAAA (Access to Information and Control Anytime, Anywhere from Any platform) provides a solid foundation for Abucco's products and solutions worldwide.
Three main areas for Abucco products are Recreation, Home and Commercial. Recreation products include advanced security products for boats, motorhomes and any other recreation vehicle you want to secure. Some of the Recreation applications would include:
-- Port and Marina Security -- smart card access control to
buildings, piers and yard, camera surveillance,
lighting/heating/cooling control of buildings, Internet video
monitoring of entire property/specific areas and immediate
response alarming and reporting.
-- Boat and Yacht Security -- remote monitoring of vital signs
(batteries, bilge, fire, intrusion), video surveillance via cell
phone/Internet, remote control using cell phones and Global
Positioning System tracking and alert.
Home products include all applications of monitoring and control of all devices in a home such as lights, heating, cooling and video surveillance of the home and property.
Commercial products include the remote monitoring and control products for telecommunications (cell) sites, remote environment stations, remote railway stations, office buildings and any other application for which the customer would want to monitor and control certain variables. Some of the Commercial applications would include:
-- Cell Tower Facilities -- Parameters such as charge of batteries,
humidity, temperature and intrusion are monitored, controlled and
recorded while problem areas are reported over IP or cellular
networks. Remote cell phone control and smart card access is
provided.
-- Environment Monitoring Facilities -- Parameters such as water
quality, wind speed, precipitation and other variables are
monitored and reported. Alarms are generated and reported as
required. Smart Access and video surveillance is also provided.
Abucco can scale the system to any size of installation. Configuration of the systems, monitoring and control of attached devices is provided via a standard web browser from any operating system platform, any computing device or from a mobile phone, all of which can be done remotely, from anywhere in the world. Abucco end users can configure systems, monitor events, control devices, view live video, or run history reports.
Competitive Advantage -- The Abucco advantage is "function bundling" (gateway supporting many protocols, web server, I/O controller, and fully functional interoperable application in one unit). By supporting multiple control protocols, Abucco products enable interoperability with other, third party products. As a result, Abucco products while maintaining full functionality are simpler, smaller, more flexible and much less expensive compared to any competition. The "Lego-like" platform of software and hardware components founded on Open Architecture enables fast development of products for many applications.
For further information on Abucco, please visit the website at www.abucco.com.
Stafford intends to continue to update its shareholders and the marketplace as newsworthy events occur.
Safe Harbor Statement:
Statements in this press release that are not historical facts are forward-looking statements, including statements regarding announcements of financial results, business potentiality and other prospective presentations by Stafford. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products in domestic and international markets will continue to expand. Stafford undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in Stafford's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.