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"One of the highlights of the quarter was the signing of a contract with a large home therapy equipment provider for our force sensor," continued Young. "This agreement called for delivering a total of 20,000 sensors from October 2005 to December 2005. The quantity is expected to increase in 2006.
"Our goal is to become a global supplier of advanced sensor related products in a myriad of developing markets. We are focusing on developing custom MEMS pressure sensor devices and forming strategic partnerships in industries seeking MEMS sensor applications. We believe that this is a broad, developing market, which will be best addressed by providing high quality sensors and transducers at an economical price. 3S's innovative designs and creative manufacturing methods will, we believe, position us well in this endeavor," Young concluded.
About Sensor System Solutions (3S)
3S is engaged in the design and manufacture of sensor components and sensor system solutions. These products are marketed to a variety of OEM and end-product manufacturers, including the medical, chemical, oil and gas industries. 3S's strategy is to integrate the Company's numerous intellectual properties into intelligent interface electronics and sensors enabling "smart products" that provide enterprises with an unbroken stream of real-time information without human attention or intervention. 3S markets these products through various strategic partners. For more information, please contact us at 949-855-6688 or visit us at www.corp3s.com.
This release may contain statements we believe are, or may be considered to be, "forward-looking statements." These forward-looking statements generally can be identified by use of the statements that include phrases such as we "expect," "plan," "believe," or other similar words or phrases. Similarly, statements describing our objectives, plans or goals also are forward-looking statements. All of these forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the expected results expressed or implied by the relevant forward-looking statement. All forward-looking statements speak only as of the date made, and we undertake no obligation to update them.
Contact: Ann Jones Jones, Dolan & Co. Inc. 949-855-6688 ext.128 714-227-0391 - cell firstname.lastname@example.org
<<Market Wire -- 11/17/05>>