Statmon Technologies Corp. and Sound Broadcast Services Limited, sbs

Business Wire, Dec 22, 2005

LOS ANGELES -- Statmon Technologies Corp. (OTCBB:STCA) (www.statmon.com), a leader in IP network-based monitoring, control and remote facility management solutions, and Sound Broadcast Services Limited, parent company of sbs and Eddystone Broadcast, the leading UK manufacturer of FM radio and DVBT transmitters, jointly announce the recent completion of a formal OEM agreement to distribute Statmon's Axess remote control and facility management system.

As a result of the OEM agreement sbs and Eddystone gain worldwide rights to distribute Statmon's Axess products bundled with sbs or Eddystone Radio and Television transmitter products. The sbs group may also resell Axess products on a standalone basis outside of North America.

"We recognize sbs and Eddystone as being a world leader in broadcast transmitter and turn key systems," says Geoffrey Talbot, the CEO of Statmon Technologies Corp., furthermore, "We are very excited to be the preferred remote control and facility management system for this premier line of transmission products and services. This new relationship continues to reinforce our strategic plan of building an international sales channel and global presence."

Marcus Bekker, Managing Director of Sound Broadcast Services, adds, "Sound Broadcast Services Ltd's group of companies are world leaders in FM radio transmission products, and with the recent addition of Digital Television products to our portfolio, our group continues to provide market leading product and services to prestigious customers such as the United Nations, BBC world service, NEC Japan, NATO, and various other military operations worldwide."

The addition of the Statmon product provides us with the next level of integration for advanced system monitoring and control, from complicated non-manufacturer specific N 1 systems, through to simple reporting to a central location.

sbs group is committed to providing up-to-date solutions and unrivaled product integration for our customers and will be providing full service and local development and enhancement of the sbs and Eddystone versions of the Axess product using our in-house programmers and support engineers.

About Sound Broadcast Services Limited, sbs / Eddystone Broadcast

Located in the Midlands, UK, Sound Broadcast Services Limited (parent company of the brands sbs and Eddystone Broadcast) provides a highly innovative range of Radio and Digital Television broadcast transmission products and services.

For over 20 years, Sound Broadcast Services has provided complete transmission systems to state and military customers, as well as prestigious broadcasters worldwide.

About Statmon Technologies

Located in Los Angeles, CA, Statmon Technologies Corp. (www.statmon.com) is a leading software application and integration technologies development company providing state-of-the-art remote control, monitoring and facilities management solutions for a range of industries including broadcast, power management, telecommunications and data facilities management. Statmon has over 10 years experience in the provision of multiple site, remote control, monitoring and automation for major clients including: GE Capital's NBC TV Network, Viacom's CBS Television, Disney's ABC Network and Harris Corporation.