WEST CHESTER, Pa., July 21, 2010 — ComCam International, Inc. (OTC Bulletin Board: CMCJ) announced today that it has executed a joint venture agreement with The School of Franchising in Kansas City, Kansas to offer a turnkey franchise management system as a monthly service to the restaurant industry. The joint venture expects to deploy ComCam's patented video-based Enterprise Sensor Management (ESM) system to 3,000 franchise units by the end of 2011 and another 25,000 by the end of 2012.
ESM integrates a powerful POS system and a network of sensors with a ComCam gateway device, allowing franchise owners to visually monitor activities critical to the franchise from a wireless handheld or laptop. Sensors attached to all in-store appliances that require ongoing monitoring give the franchise owner a powerful tool for saving money, reducing shrinkage, and viewing real-time, up-to-the-minute profit and loss data. A pilot demonstration of the system is currently up and running in Kansas in two Mr. Goodcents franchises – . Mr. Goodcents, a franchise concept with over 130 units throughout the Midwest, will be the testbed for future releases of the ESM system.
ComCam Chairman and CEO Don Gilbreath stated, "This system is derived from our patented video and sensor fusion technology used by the military. We are delighted with the opportunity for recurring revenue from adapting this technology for restaurant chains nationwide."
Joe Bisogno, Founder and President of the School of Franchising, said, "We are excited to be partnered with ComCam that has used our input and knowledge of franchising to tailor its wireless computing platform for the retail sector. Our school is the first of its kind to offer game-changing technology and management tools that did not exist until now. Teaming up with ComCam allows us to offer the restaurant industry a new way of doing business at a reasonable monthly cost."
Pete Ianace, President of ComCam, added, "We are excited to be partnered with Joe's experienced team in educating franchise operators on how to achieve multi-unit success from greater operational efficiencies."
About the School of Franchising
The School of Franchise was founded in Kansas City by former McDonald's Corporation executive Joe Bisogno, who also founded the Mr. Goodcents franchise in 1989. An executive staff with over 100 years of combined franchising experience has developed an easy-to-follow "step-by-step" curriculum that helps franchisees to establish a strong brand and an efficient system of operations, a critical step for growing a business into multiple units.
About ComCam
ComCam develops network video command-and-control products and leads in providing distributed computing remote network video devices, and services to U.S. government agencies, correctional facilities, Fortune 500 companies, research centers, original equipment manufacturers, systems integrators and dealers worldwide.
Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. A safe-harbor provision may not be applicable to the forward-looking statements made in this press release. These forward-looking statements involve a number of risks and uncertainties, including timely development, market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, and the ability to secure additional sources of financing. The actual results that ComCam may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. ComCam encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-K and Form 10-Q. ComCam's public filings may be viewed at http://www.sec.gov
Contact:
Pete Ianace
President
ComCam International, Inc.
Telephone: (972) 365.4848
Email: Email
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