BAY CITY, Mich. and TORONTO, March 30, 2004 (PRIMEZONE) -- UgoMedia Interactive Corp -- (Pink Sheets:UGMI) (name change to Sciax Corporation pending) -- announced today that it has now qualified multiple suppliers for the manufacture of most components used in the Company's Wolf Pack system. "It has been an important priority for us to complete this process. Shareholders and customers can be confident that we are making every effort to ensure that a failure of supply from one subcontractor will have minimal effect on our ability to manufacture adequate product inventory," stated Ralph Manore, Vice President of Operations for the Company.
The Sciax Wolf Pack is a highly modularized opto-electronic remote viewing system used by law enforcement and military personnel. The reconfigurable, multi-operational design of Wolf Pack makes the system ideal for many applications in physical security, drug and contraband interdiction, tactical response and protective security. Wolf Pack electronics and optical components are built to high standards of durability, allowing successful deployment in harsh conditions that would prohibit the use of many conventional imaging systems.
Ken Smart, President of Sciax commented, "Our expanding network of subcontractors, in addition to our in house expertise, provides us with security of supply as well as providing a higher degree of scalability in manufacturing as sales volumes dictate."
About Sciax
Sciax is an emerging company in defense imaging systems for law enforcement and military personnel engaged in counter-terrorism and other special security operations. Sciax America Inc. and Sciax Technology Inc. are wholly owned subsidiaries of UGOMEDIA INTERACTIVE CORPORATION (Pink Sheets:UGMI). A name change from UGOMEDIA INTERACTIVE CORP. to SCIAX CORPORATION is pending.
Sciax is the manufacturer of Wolf Pack, the company's tactical remote viewing system used by law enforcement and military organizations in North America and Europe. Customers include, military and law enforcement agencies of the US and German Governments, contraband interdiction units of Canada Customs, and LAPD-SWAT.
This release contains forward-looking statements with respect to the results of operations and business of Sciax Technology Inc., Sciax America Inc. and Ugomedia Interactive Corp. which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports. The company intends that such statements about the Company's future expectations, including future revenues and enforcement and defense imaging system earnings, and all other forward looking statements be subject to the "safe harbors" provision of the Private Securities Litigation Reform Act of 1995.
Ugomedia Interactive Corp. (name change to Sciax Technology Corp. pending) Sciax Technology Inc. Sciax America Inc. www.sciax.com Contact -- Sciax Technology Ph -- 416-778-6770 Fax -- 416-778-8775 Email -- info@sciax.com