Suspect Detection Systems Signs Marketing Agreement With United States Distributor
NEW YORK, July 11, 2011 /PRNewswire/ --
Suspect Detection Systems Inc., (OTCBB:SDSS and SVF.BE), a developer of counter terror and crime prevention technology, announced today that the company has signed a marketing and distribution agreement with Gans & Pugh Associates, a fifty-five year-old company that markets surveillance equipment to federal and state clients throughout the United States.
Under the terms of the agreement, Gans & Pugh Associates will attempt to market Cogito Technology within the United States, targeting the Federal Homeland Security Market.
Gans & Pugh has significant experience representing Israeli-based security technologies.
"Since our successful pilots of Cogito at Knoxville, Tennessee airport in 2006 and Bergen County Prison in New Jersey in 2010, Suspect Detection Systems has been working to penetrate the American Homeland Security Market," said Gil Boosidan, CEO of Suspect Detection Systems Inc. "Gans & Pugh is a longstanding, reputable company that can assist us to achieve our goal to implementing Cogito technology across the country."
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