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USA
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NovaTeqni Corp
Symbol NTQ
Shares Issued 32,236,815
Close 2017-08-04 C$ 0.25
Market Cap C$ 8,059,204
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NovaTeqni receives MobiCHKII order from Mobizent

2017-08-08 13:30 ET - News Release

Mr. Gerhard Mynhardt reports

NOVATEQNI RECEIVES CUSTOM BIOMETRICS PRODUCT ORDER FOR THE UNITED STATES OF AMERICA

NovaTeqni Corp. has entered into a manufacturing, development and sales agreement with Mobizent LLC for the manufacturing and sale of the new MobiCHKII rugged mobile biometrics hand-held computer intended for the federal sector in the United States. Additionally, NovaTeqni will also develop and supply the MobiConnect device for Mobizent. These biometrics-enabled hand-held devices are used within the law enforcement, public safety, border patrol, corporate security operations, event security, refugee control as well as health care sectors.

The MobiCHKII enables on-the-spot identification using fingerprints or smart cards.

Mobizent will initially market and sell the MobiCHK in the United States and in India (which is already using biometrics for many applications requiring secure and reliable identification). Mobizent will thereafter market the MobiCHK globally. Novateqni will assist with sales by offering the product to its existing and new customers in Africa. In conjunction with the agreement being concluded, Mobizent has placed the first order for the MobiCHK and MobiConnect devices, which are scheduled for rollout in the next 60 days.

About Mobizent

Mobizent provides adaptable mobile solutions for the fielded work force, specializing in work order, ticketing and mobile tracking solutions to businesses and local governments throughout the country. It is a mobile solution provider for businesses and governments to interface with their back-end databases and proprietary enterprises to make them more effective and efficient, typically delivering a return on investment in less than one year, by using mobile solutions in the field. Mobizent offers mobile biometric solutions for the state and federal government being used for mobile biometric identification, access control and identification solutions.

Ramesh N. Swamy, chief executive officer and president of Mobizent stated, "We are very pleased to be working with Novateqni and look forward to expanding this relationship for more products for our current and future customers."

Gerhard Mynhardt, chief executive officer of Novateqni, stated: "We are very pleased that Mobizent has selected NovaTeqni to develop and supply the new MobiCHK mobile biometrics computer. Our extensive experience in developing and supplying biometrics solutions was a key factor. We see significant potential for this product in many public and corporate sectors in North America as well as in other countries. We are looking forward to a long relationship with Mobizent and to developing and providing further innovative identification solutions to Mobizent."

About Novateqni Corp.

NovaTeqni is a technology-based company that is focusing on biometrics and financial technologies. Using its management's experience and developed intellectual property, NovaTeqni provides solutions and products for voter validation, voter registration, financial transactions and biometric solutions.

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