Klegg Electronics, Inc. Stock

Klegg Electronics Inc. designs, markets and services custom smart card applications and services, and is an e-commerce service provider. The Company develops solutions for creating and processing data and ensuring secure electronic transactions by utilizing proprietary hardware and application software systems. The Company's technology establishes electronic commerce in both open and closed system environments. A key element of the Company's business plan is the processing of transactions ass. with its current and prospective smart card installations. The Company also manufactures and markets automated ticketing kiosks that the Company has integrated with its smart card applications. In June 2007, Klegg Electronics, Inc. acquired a wholly owned subsidiary of UTEK Corporation, containing a storage technology. In December 2008, Klegg Electronics Inc. announced the acquisition of Pristine Preservation Group.