Hombre Capital Announces Novateqni's Signing of 10,000 Unit - $4.7 Million Contract

January 05, 2015 1:55 PM EST | Source: NovaTeqni Corporation

Calgary, Alberta--(Newsfile Corp. - January 5, 2015) - Hombre Capital Inc. (TSXV: HOM) ("Hombre") is pleased to announce that Novateqni Hong Kong Limited (its 100% owned subsidiary) has signed a contract for the supply of 10,000 of its MT100 full biometrics Know Your Customer devices which will be used to enroll and subsequently identify health plan members in Nigeria. The MT100 devices will be supplied in batches of 550 units to 1,600 units per batch over the next 12 months. Delivery of the initial batch, which has been paid for in advance, is expected to take place in February with subsequent volumes being delivered on a regular basis thereafter based on receipt of payment prior to shipment. The MT100 devices will be deployed across Nigeria as the health plan goes operational.

The advanced NovaTeqni MT100 device integrates government quality biometrics capabilities to assist with the identification of health plan members. The device contains an integrated high resolution camera and imager to capture identification photos and to capture document images. The unit also contains a Near Field Communications (NFC) reader/writer to allow contactless health plan member cards to be encoded and read. The integrated 3G wireless communications capability enables full online functionality, such as to verify a health plan member on the national database. Of importance is the integrated full size QWERTY keyboard to assist officials and medical personnel in rapidly capturing patient details. An integrated printer provides transaction confirmations slips and receipts. A further feature is the very long battery life allowing days of typical operation in cases where mains power is not available.

For further information please contact Hombre by email at hombrecapitalinc@gmail.com.

Reader Advisory

This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. More particularly and without limitation, this news release contains forward looking statements and information concerning the use of the MT100 unit and the expected timing on delivery of the first production units. The forward-looking statements and information are based on certain key expectations and assumptions made by Hombre, including expectations and assumptions concerning the productions and commercialization of its products. Although Hombre believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward looking statements and information because Hombre can give no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed. These risks and uncertainties, include, but are not limited to, the ability of Hombre to successfully implement its strategic initiatives and whether such strategic initiatives will yield the expected benefits, the operating performance of Hombre's assets and businesses, competitive factors in the technology industry, changes in laws and regulations affecting Hombre's business, technological developments, whether Hombre can continue to commercialize its products or whether demand for its products decreases of disappears, and general economic conditions.

Additional information on risks and uncertainties and other factors that could affect Hombre's operations or financial results are included in Hombre's reports on file with the Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com) .Furthermore, any forward looking statements contained in this news release are made as of the date of this news release, and the company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such forward looking statements, although considered reasonable by management as of the date hereof, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

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