Suspect Detection Systems Completes Second Phase of Certification Process of Cogito Technology in Large Nation
NEW YORK, October 25, 2012 /PRNewswire/ --
Suspect Detection Systems Inc., (OTCBB: SDSS), a developer of counter terror and crime prevention technology, announced today that a large, nationally recognized defense contractor has completed the second phase of a requisite certification process in one of the world's largest nations.
Certification must be completed prior to the commercial implementation of Cogito Technology by federal or local law enforcement agencies.
The second stage of certification includes the physical installation of Cogito Technology, as per the specific requirements of the federal law enforcement agencies. The defense contractor is fully financing all elements of the certification process.
Entering into the certification process is the result of a successful pilot of Cogito technology at the largest railway terminal in the nation's capital. Following the pilot, Suspect Detection Systems entered into a marketing and distribution agreement with one of the nation's most highly recognized defense contractors.
"Suspect Detection Systems has completed another important stage in a bureaucratic process that is leading toward the full commercialization of Cogito technology in one of the world's largest nations, and a world superpower," said Gil Boosidan, CEO of Suspect Detection Systems Inc. "We are working together with our partner, a major national defense contractor to implement the system, following the successful demonstration of Cogito's abilities to federal law enforcement agencies at a major terminal in one of the capital's largest railway stations."
About Suspect Detection Systems
Suspect Detection Systems Inc., through its subsidiary Suspect Detection Systems Ltd., is a developer of proprietary counter terrorism and crime prevention technology designed to identify threats in real-time, and prevent incidents before they are carried out. The technology detects the hidden "hostile intent" of assailants - before they commit their intended acts - with a high degree of accuracy. The system can also be used after a crime is committed to quickly identify criminals from among a general population pool, including suspects.
Learn more about Suspect Detection Systems and Cogito Technology at http://www.sdss-corp.com.
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 Suspect Detection Systems 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. Suspect Detection Systems' public filings may be viewed at http://www.sec.gov.
SOURCE Suspect Detection Systems
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