Paradigm Tactical Products to issue financial guidance on June 30th GEORGETOWN, Mass.--(BUSINESS WIRE)--Paradigm Tactical Products Inc. (Other OTC:PDGT.PK), a leading provider of detection technology and homeland security solutions to the military as well as to the corrections, law enforcement and security industry expects to issue financial guidance for the current year on June 30, 2008.
The company has spent the first half of 2008 transforming itself from the distributor of a single product to a design and engineering company producing new and revolutionary detection technology. The recently announced Stealth Sensor™ and the soon to be announced radiation detector technology have all been developed internally. Paradigm Tactical Products is also in the planning stages for addition detection products including a device to uncover illicit drugs. It is based on these developments, as well as indications of new orders, that we will be able to provide our projections and guidance for 2008. The company also intends to provide information on shares outstanding at this time and complete financials by year end.
Vincent Cammarata, CEO of Paradigm Tactical Products, reflected on the progress made to date by stating, “We are all very pleased with the changes at Paradigm. The past 9 months have been both challenging and exciting. We transformed the company from static producer of a near decade old product to the innovative designer of new technology.” Cammarata went on to say, “I am very proud of all the hard work done by the team we built. We are now in a position to capitalize on our new foundation. The second half of 2008 will be characterized by sales of our new detection product line and providing consistent information to shareholders. I believe that as the market becomes aware of our continued progress that the company will realize a valuation that is more commensurate with its true worth.”
Contacts Paradigm Tactical Products Vincent Cammarata, 978-702-9106 President and CEO IR*paradigmtactical.net
Paradigm Tactical Products Vincent Cammarata, 978-702-9106 President and CEO IR*paradigmtactical.net
Paradigm Global Products (OTCBB: PDGT) is a leader in innovative detection technology. The company was founded in 2002 distributing the FriskerPRO. This product has freed police officers and correction officers from carrying a wand type metal detector and enabled them to keep their hands free by providing a hand worn metal detector. Paradigm took this concept to the next level by inventing the Stealth Sensor™. This new product allows the officer to only have to have a sensor strapped around their hand or wrist. The detector is connected via Blue Tooth to a receiver located on the officers utility belt to insure that the subject never knows a weapon has been detected until he can be subdued. Additional receivers may be used by staff present during the search.
Recently the company has expanded its vision to include numerous detector technology. The most recent product is a key fob type radiation detector. The world is a dangerous place with ever increasing terrorist threats. Our radiation detector alerts law enforcement, first responders, and civilians to the potential exposure to radiation from a dirty bomb or a hidden radioactive isotope.
Our future will bring even more innovative technology. Our engineers are developing new and exciting products that will revolutionalize the way users detect risks and contraband. We are also developing products for all of us to live a safer life in a dangerous world.
Paradigm Tactical Products has created the division Paradigm Global Products reflecting a new direction of the company to not only be the leader in the detection technology and homeland security fields but also to seek new and unique products to add to our line as we move ahead. www.paradigmglobalproducts.com
Paradigm Global Products 64 Central Street Suite 1 Georgetown, MA 01833-2415 978-702-9106
Name: VINCENT CAMMARATA Address Line 1: 64 CENTRAL STREET Address Line 2: City: GEORGETOWN State: MA Foreign Province: Zip/Postal Code: 01833-2415 Country: USA U.S. Phone: 978-702-9106 Non-U.S. Phone: Fax: 321-939-7555
Posts: 796 | Registered: Dec 2004
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StealthSensor™ metal detector, The worlds only Bluetooth technology enabled metal detector for security. Patent pending.Prov. # 61/035,389 The search field of the detecting coil is adjustable to allow possible detection from a greater distance from the subject if selected.
The alerting devices incorporated into the Stealth model are also adjustable in volume or vibration strength. The Stealth is rechargeable.
Additional features of the Stealth can include GPS tracking, sync with cell phones to transmit or alert other locations and many other possibilities.
Our key fob personal radiation detector provides you with the crucial information you need to avoid a dirty bomb or dangerous radioactive isotope. Crucial information that could save you, your family, your neighborhood and friends from exposure to hazardous radiation. You can quickly seek a safer place to wait until authorities can remove the radioactive source and decontaminate the affected area.
O/S is probably much lower than anyone expected:
Quarterly Report of Shares Outstanding Thursday July 10, 9:15 am ET
GEORGETOWN, Mass.--(BUSINESS WIRE)--Paradigm Tactical Products Inc. (Other OTC:PDGT.PK - News), a leading provider of detection technology and homeland security solutions to the military as well as to the corrections, law enforcement and security industry has completed a reconciliation of its shares outstanding.
As of July 9th, 2008 the total shares issued and outstanding are 839,680,555.
Vincent Cammarata commented on the significance of this report stating, “It is critical for a well managed company to publish regular and periodic statements of its financial position. An integral component of this information includes a company’s outstanding shares. We have spent the past weeks reconciling the outstanding share count. Going forward we will publish our outstanding shares quarterly and beginning in 2009 we will include this information as part of our comprehensive financial reporting.” Cammarata continued, “Based on our order flow I believe that Paradigm Tactical Products presents tremendous opportunity. We will continue on to expand operations and enhance shareholder value.”
Paradigm Tactical, based in Georgetown, Massachusetts, is a leading provider of detection technology and homeland security solutions to the military as well as corrections, law enforcement and security industry. The Company owns rights to license, manufacture, market, and sell all of its devices. As the heightened attentiveness to terrorist and other security threats continue to increase, Paradigm Tactical is meeting the higher demand for security and inspection systems. The Company has sold products to numerous Federal, State, and local institutions.