Catcher Holdings Names First Manufactures Representative21 December 2005
Catcher Holdings, Inc., (OTC Bulletin Board: CTHH), developer of CATCHER(TM), a portable, ruggedized, wireless, hand-held computer and communications control device built to military specifications for ruggedness, announced today it has named T. Michael Grady as a manufacturer's representative. Mr. Grady brings significant relationships within the defense market, including both federal and commercial customers, and more than 30 years experience in sales to this industry. Under the terms of the agreement, Mr. Grady will market and sell the CATCHER(TM) device directly to potential U.S. government customers located in the 50 states and Puerto Rico who operate in the defense, and homeland security markets. "This marks the initial expansion of our sales infrastructure as we prepare for commercialization and Mr. Grady will leverage his extensive relationships and excellent reputation within two of our key markets," commented Charles Sander, CEO of Catcher Holdings, Inc. "This marks another important milestone in our sales and distribution efforts as we commence production of the CATCHER(TM) device. We are very pleased to have formed this relationship and look forward to a long and mutually beneficial association." Mr. Grady has been engaged in high technology business development since holding sales positions at NCR beginning in 1970. In 1973 he partnered the launch of General Systems Corp and served as Executive Vice President until 1986 when he began a career as a business development consultant. In that capacity, he has represented new companies with emerging technologies and existing companies wishing to diversify their high tech business. He has represented companies breaking into new markets in both the federal government and commercial markets. Mr. Grady commented, "The CATCHER(TM) device represents a significant technological enhancement by combining proven specialized applications through a user friendly mobile computing platform that improves functionality for today's pressing integration and communication issues. With a wide range of potential applications for this technology, ranging from transportation security to homeland defense to the military, this represents an exciting and compelling opportunity. I firmly believe this product will be well received by potential customers and I look forward to a profitable relationship for both parties." The CATCHER(TM) device is the culmination of new technology breakthroughs, extensive research, and product development that the Company believes will meet the needs of many government agencies and commercial entities for a ruggedized, portable, handheld computer, communications and telemetry control device. The unit was designed and engineered to provide field personnel and "First Responders" access to mission-critical information in the form of wireless or wired, real-time bi-directional voice, video, text, telemetry and data enabling command center personnel to remotely view an incident or job site. Weighing just 3.5 lbs., including batteries, the CATCHER(TM) is 10 inches wide, 7.25 inches high, 2.25 inches deep, and has a daylight-viewable 6.4 inch diagonal VGA LCD backlit touch screen. Photographs and detailed descriptions of the new CATCHER(TM) device are available on the Company's website at http://www.catcherinc.com. About Catcher Holdings, Inc. Catcher Holdings, Inc.'s wholly-owned subsidiary, Catcher, Inc., has developed a portable, ruggedized, wireless, hand-held command control device built to military specifications for ruggedness. Utilizing proprietary software, the CATCHER(TM) product offers mission-critical personnel essential real-time wireless data and communications through an integrated platform incorporating voice, video, data, GPS and biometric capabilities. Special Note Regarding Forward-Looking Statements: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve known and unknown risks, delays, and uncertainties that may cause actual results, performances or achievements of the Company to differ materially from those results, performance or other expectations expressed or implied by these forward-looking statements. These risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the applicable statements include, but are not limited to: the Company's ability to successfully complete development of the Catcher(TM) product, the Company's ability to commercialize the Catcher(TM) product, the Company's ability to generate product sales and operating profits, potential vulnerability of technology obsolescence, potential competitive products by better capitalized companies, potential difficulty in managing growth, dependence on key personnel, and other risks which are discussed in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements. Media Contact:Investor Contact: Robert B. Prag, President Matt Hayden, President The Del Mar Consulting Group, Inc.Hayden Communications, Inc. (858) 794-9500(843) 272-4653 bprag@delmarconsulting.com info@haydenir.com
Source: prnewswire
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