SAVANNAH, Georgia, June 23, 2020 /PRNewswire/ -- Hawkeye Systems, Inc. (OTCQB: HWKE) ("Company"), a technology holding company focused on pandemic management products and services, is pleased to announce a partnership with DemeTECH, a world-renowned leader in surgical sutures, mesh and bone wax.
Corby Marshall, CEO of Hawkeye Systems, stated, "We are extraordinarily pleased to partner with a global healthcare leader in DemeTECH, an award-winning suture and medical device manufacturer with a superb industry reputation and vast experience distributing its products to over 130 countries. As we continue to bolster our end user network, the Company is confident it can expand this opportunity to deliver American made masks beyond initial expectations while helping to refine our country's pandemic response process."
Luis Arguello Sr, President and CEO of DemeTECH, commented, "Evolving our manufacturing capabilities to accommodate the profound need for American made protective masks was a natural progression. Further, we are excited to be aligning with Hawkeye given their unique position in the burgeoning PPE (Personal Protective Equipment) landscape as we approach the review process for attaining the highly-coveted NIOSH approval."
Under the terms of the Agreement, Hawkeye Systems has attained the right to DemeTECH production of up to 3,000,000 N95 protective masks per month, as well as an option for additional production for a period of up to 5 years.
N95 masks are the most common of the seven types of particulate filtering facepiece respirators. The product filters at least 95% of airborne particulate matter. NIOSH approval, designated by the National Institute for Occupational Safety and Health, is expected to be earned by DemeTECH within sixty days.
Headquartered in Miami, Florida, DemeTECH, is a world-renowned leader in surgical sutures, mesh and bone wax. DemeTECH strives to enhance doctor-patient relationships through hard work, dedication and a commitment to the pursuance of cutting-edge technology and innovation. DemeTECH's N95 masks are made in the USA with American materials.
Hawkeye Systems, Inc. is a technology holding company focused on cutting edge technology, pandemic management products and services. The Company is committed to leveraging its extensive resources in support of its ongoing mission to help our government and medical infrastructure keep civilians safe.
This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to the body camera system, the potential success of the body camera system, our growth strategy and product development including that of the body camera system, acquisition of Radiant Images, and any other statements that are not historical facts. Forward-looking statements are based on management's current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results to differ materially from those currently anticipated are: risks related to our growth strategy; risks relating to the results of research and development activities; our ability to obtain, perform under and maintain financing and strategic agreements and relationships; our dependence on third-party suppliers and partners; our ability to attract, integrate, and retain key personnel; the early stage of products under development; our need for substantial additional funds; government regulation; patent and intellectual property matters; competition; as well as other risks described in our SEC filings. Important factors that may cause the actual results to differ from those expressed within may include, but are not limited to: the success or failure of Hawkeye's efforts to successfully market its products and services as scheduled; Hawkeye's ability to attract and retain quality employees; the effect of changing economic conditions; increased competition; the ability of Hawkeye to obtain adequate debt or equity financing. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law.