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All Press Releases for November 17, 2002 Subscribe to this News Feed    
 

Hunno Technologies Featured in AXcess News; Columnist Armando Duke Interviews Hunno's CEO

News columnist, Armando Duke, who writes In The Spotlight for Axcess Business News, interviewed this security equipment OEM on its recent Fortune 500 news announcements.

Hunno Technologies Featured in Axcess Business News; Columnist Armando Duke Interviews Hunno's CEO

SAN FRANCISCO, Nov 14, 2002 (BUSINESS WIRE) -- Hunno Technologies Inc. (OTCBB:HUNN), a world leader in fingerprint recognition security applications, caught the eye of Axcess Business News (http://www.theaxcess.net/) columnist Armando Duke recently when he noticed news of two Fortune 500 companies purchasing Hunno's state-of-the-art security products. In a subsequent interview for Mr. Duke's column, "In The Spotlight," Hunno Technologies Inc. CEO, Sang Gyun Kim, offered further insight into Hunno's plans.

Axcess Business News now believes that Hunno's estimates of future sales may be understated, with a new product model soon being introduced to TSP Korea (a division of Tyco International) that may as much as double Hunno's current projected sales to that account. Columnist Duke also noted that Honeywell could offer the Fingerprint ID Door Phone, developed in collaboration with Hunno, to Honeywell's worldwide customer base. Axcess Business News published that interview recently in its "In The Spotlight" column at www.theaxcess.net/spotlight.html.

    About Axcess Business News
Axcess Business News is an online news website (www.theaxcess.net) that reports on current business and financial markets, offering its viewers exclusive interviews with public company executives, Wall Street commentaries, corporate profiles and news alerts. Subscribers select from various featured columns when they join to receive late-breaking news on stocks Axcess Business News follows, delivered right to their email in-box. Subscriptions are free. All news stories and articles are original content written by a seasoned staff of journalists exclusively for Axcess Business News. Axcess Business News believes it is one of the fastest-growing business and financial news websites available in North America.

    About Hunno Technologies Inc.
Hunno Technologies Inc., a Delaware corporation ("Hunno"), is engaged in the discovery, development and commercial application of proprietary fingerprint identification technology through its majority-owned subsidiary, Hunno Technologies Inc., a Republic of Korea corporation ("Hunno Korea").
Organized in 1997, Hunno Korea produced the world's first CMOS-based fingerprint identification module in 1998 and an optical-based fingerprint identification module in 2001. Now a world leader in its field, with units of several Fortune 500 companies among it customers, Hunno Korea brings to the global marketplace highly sophisticated and effective fingerprint authentication solutions.
As a result of its continuous investment in R&D and business development, Hunno Korea has built a full line of security products for consumer and commercial applications, including fingerprint identification modules, PC security solutions, physical access control systems (including time and attendance control solutions), and web-based authentication solutions. For more information, please visit www.hunno.com.

    Important Information About Forward-Looking Statements
All statements in this press release that are other than statements of historical facts are forward-looking statements, which contain Hunno's current expectations about its future results. Forward-looking statements involve numerous risks and uncertainties. Hunno has attempted to identify any forward-looking statements by using words such as "anticipates," "projects," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although Hunno believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct.
A number of factors may affect Hunno's future results and may cause those results to differ materially from those indicated in any forward-looking statements made by, or on behalf of, Hunno. Such factors include Hunno's limited operating history; Hunno's need for significant capital to finance internal growth; Hunno's ability to attract and retain key employees and strategic partners: Hunno's ability to achieve and maintain profitability: political and economic risks inherent in the ownership and operation of international businesses; fluctuations in the trading price and volume of Hunno's stock: and other unanticipated future events and conditions.
For further information concerning risks and uncertainties that may affect Hunno's future results, please review the disclosures contained in its latest filings with the SEC, especially Hunno's Form 10-QSB report filed on November 8, 2002 and its Form 8-K12G3 report filed on August 12, 2002. Other than as required by federal securities laws, Hunno undertakes no obligation to publicly update or revise any of its forward-looking statements, whether as a result of changed circumstances, new information, future events, or for any other reason occurring after the date of this press release.
CONTACT:         Affiliated Holdings AP, Inc.
                            Boaz Yung, 415/788-1168
                            pr@affiliatedap.com

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CONTACT INFORMATION
Eric Stevenson
AXcess News
775.882.1720
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