VANCOUVER, British Columbia, Jan. 25, 2005 (PRIMEZONE) -- Stafford Energy, Inc., ("Stafford") (Pink Sheets:SFDE), is pleased to announce its subsidiary, Abucco Technologies Inc. ("Abucco") over the past few months has made significant progress in the execution of its business plan, especially in relation to product, distribution and support.
Abucco has refined its product lines into two strategically focused groups, Guard Series and SmartAccess Series. The Guard Series products can be used to protect and monitor public facilities, small commercial businesses, public transportation vehicles, trucks/vans/RVs, boats, cottages and other assets in storage or while in transit. The Guard Series can be wired or wireless and can cover any aspect of operation from security, access control to picture capture and retrieval. The SmartAccess Series products can be used to protect and monitor marinas, condominiums, apartments and other facilities requiring smart card and biometric fingerprint based people identification. In addition, high speed video streaming and direct Internet access is also incorporated in the SmartAccess Series. Worldwide market size for relevant applications is in the hundreds of billions of dollars.
Abucco has continued to strengthen its dealer network in North America, in addition to advancing the launch of distributorships and dealerships in foreign markets including South America and Europe. In North America, 5D Computers Inc. (http://www.5dcomputers.com) has received its first order from a Kelsey's restaurant for a Guard Series system. In South America, Trace Canada Inc. (http://www.tracecanada.com) is anticipating an order for 100 Guard Series systems destined for Bogota, Columbia with potential incorporation in the Millennium Bus project. The Millennium Bus project will potentially incorporate up to 5,000 Guard Series systems for monitoring, tracking and emergency communication. In Europe, Cyber Route Intl. Telecommunications B.V. ("Cyber Route") (http://www.cyberroute.com) has registered as a distributor. Cyber Route has extensive operations throughout Europe, Central Asia and the Middle East.
In an effort to strengthen its sales channels even further, Abucco has also launched a new dealer development program designed to provide the dealers with access to a proven sales system with on-going support. This program has been piloted with great success resulting in over $50,000 of orders for a first time dealer.
Abucco, a 100% wholly owned subsidiary of Stafford is in the business of high technology security, access and telemetry monitoring and control over the Internet and wireless networks. For more information about Abucco, please see Abucco's website at http://www.abucco.com.
Stafford intends to continue to update its shareholders and the marketplace as newsworthy events occur.
For additional information contact Investor Relations:
Jeff Dashefsky JMD Communications Inc. 1 866 476 3627 email: jeff@jmdcomm.com website: www.jmdcomm.com
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.