Gravity-defying cars developer to further Investigate Security And Military Applications

Do you remember my post July of last year entitled GRAVITY-DEFYNG RC Cars by 2010?
Well, we have an update on that. Its developer seemed to step up a notch on the possible Security and Military application of their "Patented Adhesive Technology" .

MajicWheels Inc. (MJWL.OB), a leading developer of gravity defying remote-controlled toy vehicles, informed that the company is intends to further investigate additional applications for its patented climbing device technology in the areas of security and military in 2010.

Potential applications could include installing a digital camera on a remote controlled device, and transmitting video or photographs to security and military personnel.

MajicWheels’ patented technology currently enables its remote-controlled vehicles to traverse a variety of surfaces, including those that are steeply inclined, completely vertical, or even inverted altogether.

MajicWheels currently holds the rights for two “climbing device” patents. A fully-approved patent has been registered to the company in Israel. A patent-pending application has similarly been filed in the United States.

“MajicWheels technology is now being studied for its use in various fields,” informed MajicWheels CEO Asher Zwebner. “The adhesive already enables us to make great toys, and we believe that the climbing capabilities of our remote-controlled cars can eventually be utilized throughout several other areas. In particular, we are now studying the use of the adhesive to aid in security applications for buildings and reconnaissance gathering military applications.”

About MajicWheels

MajicWheels brings innovation to the industry of radio-controlled toy cars through its groundbreaking, patented climbing device technology. MajicWheels intends to become a leading player in the climbing device radio-controlled toy car world, offering countless hours of fun to youth in the 6-12 year-old age bracket. Models will be offered in several aesthetically pleasing designs, and a variety of colors.

Forward-Looking Statements

This letter contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of MajicWheels and its technologies. Readers are cautioned not to place undue reliance on these statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release, as actual results may differ materially from those indicated in the forward-looking statements.

SOURCE : http://www.military-technologies.net/