Universal Detection Technology’s Border & Zone Security Systems Partner Nominated as a Semi-Finalist in European Global Sec...
Date : 09/30/2009 @ 4:00AM
Source : Business Wire
Stock : Universal Detection Technology (UNDT)
Quote : 0.01 0.0 (0.00%) @ 9:22AM
Universal Detection Technology’s Border & Zone Security Systems Partner Nominated as a Semi-Finalist in European Global Sec...
Universal Detection Technology (www.udetection.com) (OTCBB: UNDT), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats and provider of counter-terrorism consulting and training services, reported today that its partner in the development of border and zone security sensors, Precision Sensors Instrumentation (PSI), has been nominated as a semi-finalist in the 2009 European Global Security Challenge.
The Global Security Challenge (GSC) is a central hub for security innovators, startups and investors that hosts events around the globe. The GSC aims to empower entrepreneurs in the security technology space and run the leading business plan competitions to find the most promising security and defense startups in the world. In 2009, PSI submitted a proposal for its Passive and Remote Border Security Control System to the GSC European competition, and it was chosen out of several hundred as one of the semifinalists.
PSI adapted one of today’s most sensitive seismic sensors into an ultra-sensitive position sensor. The sensor remotely detects intruders into a security zone by detecting the unique seismic signature they produce either on foot or by vehicles. The sensor is also designed to be totally passive and undetectable and can function without the need of line of sight visibility. The sensor can optimally be used for border protection or the physical security of a perimeter such as an army base or a port.
The U.S. Border & Perimeter protection market is expected to be one of the fastest growing market segments in Homeland Security. According to Homeland Security Research Corp’s (HSRC) landmark research, 2007-2011 U.S. Homeland Security (Government & Private Sectors) Market Outlook, this market is expected to accumulate to $13.9B between 2007 and 2011. The market demand is composed of both Government and Private sectors, with the majority of the growth coming from the Federal Government.
“The nomination from the European Global Security Challenge is the second time PSI’s technology has garnered international recognition,” said Mr. Jacques Tizabi, UNDT's Chief Executive Officer. "PSI’s Passive and Remote Border Security Control System is one of the most sensitive in the market," he added.
More information regarding UNDT can be found at www.udetection.com or via email at info@udetection.com.
About Universal Detection Technology
Universal Detection Technology is a developer of monitoring technologies, including bioterrorism detection devices. The Company on its own and with development partners is positioned to capitalize on opportunities related to Homeland Security. For example, the Company, in cooperation with NASA, has developed a bacterial spore detector that detects certain biohazard substances. The Company is also a reseller of handheld assays used for detection of five bioterrorism agents, radiation detection systems, and antimicrobial products. For more information, please visit www.udetection.com.
Forward-Looking Statements
Except for historical information contained herein, the statements in this news release are forward-looking statements that involve known and unknown risks and uncertainties, which may cause the Company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
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