|[September 15, 2004]
GEMZ Corp. Details Nanotech-Based Safety Houselight Product
NEW YORK --(Business Wire)-- Sept. 15, 2004 -- GEMZ Corp. (OTC: GMZP) announced today that it expects to market a nanotechnology-based illuminated safety house number sign. The product will be marketed in versions for up to four and up to five numbers, and will be brightly visible day or night. This product results from the collaboration with Terra Solar Development Corporation. The high efficiency of the nanotechnology-based photovoltaic cell recharges the device for a week on only eight hours of daylight. Unlike existing devices, direct sunlight is not required.
The product is expected to be available for sampling in the fourth quarter of 2004. Pricing has not been announced but is expected to be very competitive with older, more limited solutions.
We believe that our product will meet a widely-felt need. Products of this type have been recommended by police and emergency workers; however existing products have been too expensive and have too short a life to be suitable for mass marketing.
About GEMZ Corp.
GEMZ Corp. is a publicly traded company located in New York City. Its new corporate website is www.gemzcorp.net.
Safe Harbor Statement
This press release contains forward-looking statements that involve risks and uncertainties. This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," "promise," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Other risks are reflected in GEMZ Corp.'s filings with the Securities and Exchange Commission.
[ Back To TMCnet.com's Homepage ]