Innotrek (RMDM) Submits its Product for Accreditation with the State Ministry
BEIJING, Feb. 25 /PRNewswire-FirstCall/ - RMD Entertainment Group's (RMDM; http://www.rmdmgroup.com) Innotrek technology Co., Ltd. (www.innotrek.com) announces that the company submitted its Yingnuo HD Checkpoint pursuit hit-and-run system to the National Ministry of Public Security for technical testing.
Following the Yingnuo HD Checkpoint pursuit hit-and-run system's success in Hubei province, Innotrek sent the product samples to the Ministry of Public Security in late December 2009 for national approval. The approval will streamline the product marketing across all of China's traffic police departments.
The testing consists of technical performance, environmental adaptability, as well as practical engineering effects. Commissioner of the Ministry of Public Security will follow Innotrek's technical engineer to conduct installation field-testing in Hubei province and also will question the local traffic police department system operators about the practical usage of the Yingnuo HD System.
Innotrek expects that after passing the Ministry's highest tests and gaining government accreditation Yingnuo HD Checkpoint pursuit hit-and-run system will gain recognition of the traffic police department across China.
Wynn Wang, RMDM's CEO, said, "After passing these tests, in which we don't see any obstacles, Innotrek will have a great advantage in marketing this product. This nationwide accreditation will simplify our product marketing in traffic police departments all across China. 2009 showed itself a great year for Innotrek, but 2010 shows even bigger promise. Authorities respect all of our technology and we plan to capitalize on this fact and seek larger government and corporate contracts in the future."
In other company news and events the accreditation has already caught attention of some suppliers for security FOB's and other security devices for the retail industry. A key fob is a type of security token or a small hardware device with built-in authentication mechanisms. A major contract for this product enhancement by RMDM is currently being drafted with the basic terms expressly agreed upon between RMDM and the Asian customer. The customer is a public company stationed in Asia with a large retail client network. Details will be provided shortly. Moreover, the company brings attention to a certain filing (to be posted shortly) "Divestiture into OTCBB of ULA Division" made with Pink Sheets and with its IR company Mina Mar Group / Client Support. That filing is self explanatory as the company seeks ways and means to restore values of its security, for the benefit of its common shareholders.
See "CLIENT SUPPORT" TAB http://www.minamargroup.net/ or this direct link http://minamarmarketinggroup.helpserve.com/ for further updates on this and other business matters. Non-newsworthy events are not press released however posted on these two separate support sites to keep our followers advised of day-to-day events. For any matters relating to retail investor queries or to send us the company directly a message please click on the "INVESTOR SUPPORT" TAB or this direct link www.minamargroup.net/helpdesk.
Filings for this event are currently being reviewed and will be filed with Pink Sheets and Client Support Section in due course. To be included in company's email database for press releases, industry updates, and non-weekly activity at the company that may or may not be news released, please subscribe or opt in mailer at www.minamargroup.com/updates.
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Information in this news release may contain statements about future expectations, plans, prospects or performance of RMD Entertainment Group that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. RMD Entertainment Group cautions you that any forward-looking information provided by or on behalf of RMD Entertainment Group is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. RMD Entertainment Group's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond RMD Entertainment Group's control. In addition to those discussed in RMD Entertainment Group's press releases, public filings, and statements by RMD Entertainment Group's management, including, but not limited to, RMD Entertainment Group's estimate of the sufficiency of its existing capital resources, RMD Entertainment Group's ability to raise additional capital to fund future operations, RMD Entertainment Group's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match RMD Entertainment Group's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. RMD Entertainment Group does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
CONTACT: For any investor relations matters, please contact www.minamargroup.net/helpdesk; Investor Relations Department Inquiry, www.minamargroup.net (IR); For (M&A) and Corporate Matters, www.minamargroup.com
SOURCE RMD Entertainment Group
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