SACRAMENTO, Calif., March 26, 2002 (PRIMEZONE) -- Exact Identification Corporation (Pink Sheets:APRE):
On March 25, 2002, the Advanced Precision Technology, Inc. completed its filings with the State of Nevada and officially became Exact Identification Corporation (EIC).
"The name, Exact Identification Corporation, better describes our business," stated John Hunepohl, President & CEO. "We have also secured the rights to web domain names ExactID.com and ExactIdentification.com." The company is in the process of redesigning its web site, adding additional products, sales & technical information, and company information. "We should have the site ExactID up and running within 45 days," said Hunepohl.
On March 11, 2002, the company relocated to:
Exact Identification Corporation 4650 Northgate Blvd., Suite 160 Sacramento, CA 95834 Phone: 916-646-4444 FAX: 916-646-4445
About Exact Identification Corporation
Exact Identification Corporation developments, designs, manufactures, licenses, and markets fingerprint identity products for one-to-many AFIS applications and one-to-one verification systems and access control. Our products are sold to authorized resellers and original equipment manufactures. The company holds seven U.S. Patents related to fingerprint technologies using holographic methods and continues to ship its rugged, high-end HoloPass(r) Fingerprint Scanner. More: www.AprinT.com.
Safe Harbor Provision
This document may contain forward-looking statements relating to future events, such as the development of new products, the commencement of production, or the future financial performance of the Company. These statements fall within the meaning of forward-looking information as defined in the Private Securities Litigation Reform Act of 1995. These statements are subject to a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, economic, competitive, governmental, and technological factors affecting the Company's markets and market growth rates, products and their rate of commercialization, services, prices and adequacy of financing, and other factors described in the Company's most recent annual report on Form 10-KSB filed with the Securities and Exchange Commission, which can be reviewed at http://www.sec.gov . The Company undertakes no obligation to update, amend, or clarify forward-looking statements, whether because of new information, future events, or otherwise.