BOCA RATON, FL–(Marketwire – January 11, 2011) – HAWK SYSTEMS, INC. (PINKSHEETS: HWSY) www.hawksystemsinc.com, said today it has completed development of BioKey for Bikes® — a unique fingerprint security product for motorcycles — and said the legendary Paul Teutul Jr. of Paul Jr. Designs through Hawk’s exclusive distribution partner FIST Enterprises has agreed to build the first custom designed chopper featuring the new product.
BioKey for Bikes® is designed to replace the key used to unlock the electrical panel of a motorcycle. It also ignites the electrical panel to allow the end user to push the start button and start the bike. Without his or her fingerprint, there is no electricity running to the bike’s components thus no start capabilities.
Hawk Founder and Director David Coriaty said, “Attracting Paul Jr. Designs to launch our product represents a tremendous opportunity to reach out to millions of Americans that own motorcycles and custom choppers, with a unique, fun and affordable security product that gets the job done.”
Hawk Systems is a designer and developer of biometric products and systems which recently introduced “AUTO PASS 2.0″ for automobiles and has developed BioKey for Bikes® in cooperation with its exclusive distributor FIST Enterprises. FIST President Joseph A. Infante said he was “thrilled” to be working with Paul Teutul Jr. and Paul Jr. Designs and expects the new product will generate tremendous interest and substantial sales beginning Q2 2011.
This press release contains certain forward-looking statements. Stockholders, potential investors and other readers are cautioned that these forward-looking statements are predictions based only on current information and expectations that are inherently subject to risks and uncertainties that could cause future events or results to differ materially from those set forth or implied by the forward-looking statements. Certain of those risks and uncertainties are discussed in the company’s 10Q and 10K filings with the SEC, and include, but are not limited to, market acceptance of Hawk’s planned products and their level of sales, access to the capital necessary to finance and grow the business, a highly competitive environment in the biometric security field that includes numerous large and well established companies much larger than ours, and our ability successfully to deploy our technologies and products to meet the technical demands and market requirements of our customers. Please understand that Hawk Systems does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.