IDO Security, Inc. (OTCBB: IDOI)( ), developer of the innovative MagShoe(TM)"shoes-on" weapons metal detection system, announced today that the companyhas signed an agreement with S.F. Enterprises B.V. ( )to promote the MagShoe(TM) in the Netherlands and neighboring countries.
S.F. Enterprises B.V. specializes in marketing HLS/D (Home LandSecurity/Defense) High-Tech products, widely used by police and securityforces in the Netherlands and other countries in the region.
"Besides the fact that S.F. has specialized in our field, HLS/D, for anumber of years with proven success, they bring with them more then 30years of general trade, sales and marketing experience that we trulybelieve can help us better promote the MagShoe(TM) in this region," statedDani Werber, International Marketing Manager of IDO Security, Ltd.
Replica PaneraiMr. Werber further stated, "We already have some field demos andpresentations scheduled for early next year in the Netherlands and anothercountry in the region."
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About IDO Security:
Headquartered in New York with a subsidiary in Israel, IDO Securitydesigns, develops and markets the patented, UL-certified MagShoe(TM)weapons metal detection system. MagShoe(TM) fills a critical void intoday's metal detectors by extending screening to the lower body and feet.MagShoe's unique "shoes-on" design maximizes security, thoroughness andaccuracy while eliminating the need to remove shoes for increasedconvenience and safety. Ideal for security and loss prevention at virtuallyany facility, MagShoe(TM) is currently in use at international airports,cruise lines, government agencies, prisons and more.
Franck Muller WatchForward-Looking Statements:
This press release contains forward-looking statements that involvesubstantial uncertainties and risks. These forward-looking statements arebased upon our current expectations, estimates and projections about ourbusiness and our industry, and that reflect our beliefs and assumptionsbased upon information available to us at the date of this release. Wecaution readers that forward-looking statements are predictions based uponour current expectations about future events. These forward-lookingstatements are not guarantees of future performance and are subject torisks, uncertainties and assumptions that are difficult to predict. Ouractual results, performance or achievements could differ materially fromthose expressed as a result of a number of factors, including but notlimited to, the sufficiency of existing capital resources, uncertaintiesrelated to the development of IDO's business plan, the ability to secureadditional sources of financing, general economic conditions, theavailability of competing products and the ultimate market acceptance ofour products, changes in technology,
embroidered patches legislative or regulatory changes thataffect us and the risks and uncertainties discussed under the heading"RISK FACTORS" in Item 1A of IDO's Annual Report on Form 10-K for the yearended December 31, 2008, and in our other filings with the Securities andExchange Commission. We undertake no obligation to revise or update anyforward-looking statement for any reason.
COMPANY CONTACT: Michael Goldberg 646-214-1234 Email Contact MEDIA CONTACT: Mike Elliott Email Contact
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