Sequiam receives a second order from CyberKey

Published 1 December 2006

Deal is worth $2.25 million; Under a previously signed dustribution agreement, Sequiam is to eventually manufacture a private label line of biometrics for CyberKey

Fresh off a recent deal with the Kwikset lock company, Orlando, Florida-based Sequiam is sitting pretty with a new $2.25 million order from St. George, Utah-based CyberKey for its biometric OEM technology. In a manufacturing and distribution agreement signed earlier this year, Sequiam agreed to manufacture biometrics products for CyberKey and to develop and privately label a CyberKey line of biometric security solutions. CyberKey Solutions plans to market and distribute the custom line of products to their military and government customers in the United States. “This large second order indicates the level of continued success we are having in implementing Sequiam’s biometric technology into our advanced product line,” said CyberKey CEO Jim Plant. “As a result, we continue to provide a new level of security to our customers in the law enforcement, national security, government and defense markets.”

-read more in this company news release