Press Release - 6-23-05


    
      

    

     

    
      Exhibit
        10.43

      


      

      Press
        Release - June 2005

       

      INVISA
        RETURNS TO NORMAL OPERATIONS

       

      Sales
        Continue to Grow

       

      Sarasota,
        FL, June 23, 2005
        -
Invisa,
        Inc. (OTC BB: INSA), an electronic life safety and security company, announced
        today that it has returned to normal operations following the previously
        reported cash shortage. While the cash shortage presented unique challenges,
        sales continued to grow on an uninterrupted basis throughout the duration
        of the
        cash shortage. 

       

      With
        the
        company's return to normal operations, it is conducting all essential aspects
        of
        its business, including customer and technical support, sales, assembling
        and
        delivering product, collecting accounts receivable, and development of new
        products. The company's essential employees, including the chief operations
        officer, Carl Parks, and chief technology officer, Robert Ferguson, are full
        time. With the current cash shortage resolved, the company is in discussions
        with alternative sources to provide additional funding to support operations
        and
        implement the company's longer term business objectives. 

       

      The
        company reported the cash shortage on April 18, 2005, and provided more detail
        on June 1, 2005, and in the company's 10-QSB for the quarter ended March
        31,
        2005. As reported, the cash shortage was experienced when prior management
        did
        not timely arrange required financing and the employment of all employees
        was
        terminated. To eliminate the reported cash shortage, on June 21, 2005, the
        company arranged funding consisting of an equity investment and an expansion
        of
        an existing debt facility. 

       

      According
        to Steve Michael, acting president, "We believe that 2005 will be a banner
        year
        for Invisa. We have solidified a cost -effective and productive management
        approach. Overhead is down and our sales are up. We believe that it is an
        indication of the strength of our products and technology that Invisa's unit
        sales and revenue actually grew during this challenging period of cash
        shortage." 

       

      About
        Invisa: Invisa delivers versatile, reliable, compact next-generation presence
        sensing solutions targeted to the global electronic life safety and security
        markets. InvisaShieldTM, a robust and advanced implementation of capacitive
        sensing technology, is highly resistant to known methods of circumvention.
        It
        does not employ infrared, laser, ultrasound or microwave radiation.

      


      The
        company's SmartGate®
        safety
        systems incorporate InvisaShield capacitive-sensing technology to generate
        an
        invisible protective field around or preceding the leading edge of powered
        gates, garage doors, sliding gates & doors and other powered closures. A
        video showing SmartGate in action can be viewed at www.invisa.com.

       

      This
        press release contains certain forward-looking statements within the meaning
        of
        the Private Securities Litigation Reform Act of 1995. The company has tried,
        whenever possible, to identify these forward looking statements using words
        such
        as "anticipates," implied by such statements. Factors, which may cause such
        differences, include the company's ability to meet planned delivery schedules,
        cancellation of orders, and other risks disclosed in the company's SEC filings.
        The company undertakes no obligation to update or advise in the event of
        any
        change, addition or alteration to the information covered in this press release,
        including such forward looking statements. 

       

      For
        information on SmartGate products or the InvisaShield technology, please
        visit
        www.invisa.com or call 941-355-9361