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UDTT (.039)to Use the US Department of Commerce's Commercial Service to Potentially Boost International Sales Jul 7, 2006 4:00:00 PM
LOS ANGELES, July 7 /PRNewswire-FirstCall/ -- Universal Detection Technology (OTC Bulletin Board: UDTT; FWB: PO8), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats, announced today that it will be listed on the Commercial Service's list of Featured US Exporters (FUSE).
FUSE is a directory of US products featured on US Commercial Service websites around the world. It gives US companies an opportunity to target specific markets in the local language of business. Currently, listings are offered to qualified US exporters seeking trade leads or representation in over 50 markets around the world. This service is offered for a fee.
UDTT plans to use this service for the following regions and countries: Asia/Pacific, Australia, Singapore, Hong Kong, Indonesia, Europe, Belgium, Sweden, United Kingdom, Middle East and Africa, South Africa, Qatar, Israel, Saudi Arabia, and Canada. The company is already listed on the US Commercial Service's United Kingdom site via the following link: www.buyusa.gov/uk/en/featured_us_exporters.html?exp_cat=6010&exp_pid=405
"We have kept an open eye on the international market place and have tried to expand and grow our global sales and marketing in parallel with our domestic efforts. In fact, the first sale of our bacterial spore monitoring device was a result of our international awareness, and we plan to continue to seek additional opportunities overseas," said Nima Montazeri, UDTT's vice president of strategic development. "We have worked closely with the Commercial Service in the past and look forward to expanding our global marketing efforts with their help," he added.
About US Commercial Service
The US Commercial Service is a part of the US Department of Commerce and is active in promoting the sales and presence of US companies in various markets around the world. With offices in the US and in several foreign territories the US Commercial Service offers several ways to grow US businesses' international sales. The tasks of the Commercial Service include, and are not limited to, world-class market research, trade events that promote US products or services to qualified buyers, introductions to qualified buyers and distributors, and counseling through every step of the export process.
About Universal Detection Technology
Universal Detection Technology (UDTT), founded in 1973, is a developer of monitoring technologies, including bio-terrorism detection devices. Management believes that the Company's technology, together with third party technologies, has positioned it to capitalize on opportunities related to Homeland Security. Universal Detection Technology, in cooperation with NASA's Jet Propulsion Laboratory (JPL) has developed a bio-terror 'smoke' detector, which combines JPL's spore detection technology with UDTT's aerosol capture device. For more information, please visit http://www.udetection.com.
Forward-Looking Statements
Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties include, among other things, the funding of amounts of capital adequate to provide for our working capital needs and our timely repayment of debt; the ability of SSI to generate sales and increase visibility of the BSM-2000 based on its contacts and relationships in the United States; our ability to timely and cost effectively complete the development and testing of our products targeted to the bio-chemical market; our ability to commercially produce our products on a profitable basis; commercial acceptance of our products; product price volatility; product demand; market competition and general economic conditions and; other factors described in the Company's filings with the Securities and Exchange Commission. 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.
SOURCE Universal Detection Technology
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Jacques Tizabi of Universal Detection Technology +1-310-248-3655 jtizabi*udetection.com; or Andrew Hellman of CEOcast Inc. +1-212-732-4300 for Universal Detection Technology
Posts: 2741 | From: Seattle | Registered: Feb 2005
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From a TA standpoint this one looks prime for a few points. Shall I list why?
1. MACD histogram positive and trending up 2. RSI trending up but not maxed 3. Williams %R trending up but not maxed 4. Slow Stochastic trending up but not maxed 5. Fast stochastic trending up but not maxed 6. Chaikin Money Flow about to go green. 7. Closed at the high of day 8. MACD lines trending up and ready to cross zero line for a severe jump in price. 9. OBV is trending up heavily
Only thing this one has going against it is that the MA's are all stacked above it except for the 20 MA. It did also close just below the 50 MA. My feeling is that with so much going for it, some more increased volume will blow through the MA's resistance points.
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UDTT (.03) Starts Talks with The Pentagon Through Joseph Breen & Associates Jul 10, 2006 5:05:00 PM
LOS ANGELES, July 10 /PRNewswire-FirstCall/ -- Universal Detection Technology (OTC Bulletin Board: UDTT; FWB: PO8), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats, announced today that one of its consultants, Joseph Breen & Associates has initiated talks with the Pentagon on its behalf.
"The United States Government is one of the largest employers and facility managers in the world, maintaining over 490,000 federally owned or controlled buildings." Joseph Breen, President of Breen & Associates added, "As such, cutting edge technologies that offer early detection of potential biological attacks at a government facility remain a key priority."
"Through the use of the technology offered by Universal Detection Technology, the Government will be able to employ a system that provides high function at a fraction of the costs incurred by other systems currently employed. This would allow for greater use of taxpayer dollars while providing increased protection of the public."
"We hope to market and sell our products and services to the US government and agencies with the help of our consultants and partners," said Jacques Tizabi, UDTT's Chief Executive Officer. "We retained Joseph Breen & Associates for help with obtaining a GSA contract and with marketing to US Government agencies. We consider Breen a powerful ally and expect to use their expertise in better marketing our counter-bio-terror solutions," he added.
About Breen & Associates
Breen & Associates is a government contracting sales consulting firm based in Washington, DC. For companies looking for entry into the government market, Breen & Associates provides assistance in complete program development, Strategic implementation, and follow-on sales, marketing, and administrative services.
About Universal Detection Technology
Universal Detection Technology (UDTT), founded in 1973, is a developer of monitoring technologies, including bio-terrorism detection devices. Universal Detection Technology, in cooperation with NASA's Jet Propulsion Laboratory (JPL) has developed the BSM-2000, a bacterial spore and anthrax spore monitoring device, which combines JPL's spore detection technology with UDTT's aerosol capture device. For more information, please visit http://www.udetection.com.
Forward-Looking Statements
Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties include, among other things, the funding of amounts of capital adequate to provide for our working capital needs and our timely repayment of debt; our ability to timely and cost effectively complete the development and testing of our products; our ability to commercially produce our products on a profitable basis; commercial acceptance of our products; product price volatility; product demand; market competition and general economic conditions and; other factors described in UDTT's filings with the Securities and Exchange Commission. 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.
SOURCE Universal Detection Technology
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Jacques Tizabi of Universal Detection Technology +1-310-248-3655 jtizabi*udetection.com; or Andrew Hellman of CEOcast Inc. +1-212-732-4300 for Universal Detection Technology
Posts: 1504 | Registered: Sep 2004
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shakkerzzz said they were gonna run this baby to .09 range! jump in before its too late!
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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Common Stock, no par value, 62,841,014 shares issued and outstanding as of May 11, 2006.
Definately a low floater...
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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posted
TAMPA, Fla. & BEVERLY HILLS, Calif.--(BUSINESS WIRE)--July 31, 2006-- UTEK Corporation (AMEX:UTK) (LSE-AIM:UTK), a specialty finance company focused on technology transfer, and Universal Detection Technology (OTCBB:UDTT), a developer of early-warning monitoring technologies to protect people from bio-terrorism and other infectious health threats, are pleased to announce that they have signed a strategic alliance agreement. Jacques Tizabi, Chief Executive Officer of Universal Detection Technology said, "We are enthusiastic about forming a strategic alliance with UTEK Corporation which we believe will enable us to identify synergistic technology acquisition opportunities. The alliance with UTEK could be a catalyst for our on-going efforts aimed at developing new measures, not only for countering bio-terrorism but also for expanding into the field of infectious disease detection." "UTEK looks forward to working with Universal Detection Technology to identify and potentially transfer proprietary technologies that will be synergistic with its core business," said Doug Schaedler, Chief Operating Officer of UTEK Corporation. Through its strategic alliance agreements, UTEK assists companies in enhancing their new product pipeline with the acquisition of proprietary intellectual capital from universities and laboratory research centers. Strategic alliance agreements are generally cancelable by either party with thirty days advance written notice.
About Universal Detection Technology
Universal Detection Technology (UDTT), founded in 1973, is a developer of monitoring technologies, including bio-terrorism detection devices. Universal Detection Technology, in cooperation with NASA's Jet Propulsion Laboratory (JPL) has developed the BSM-2000, a bacterial spore and anthrax spore monitoring device, which combines JPL's spore detection technology with UDTT's aerosol capture device. For more information about Universal Detection Technology, please visit its website at http://www.udetection.com.
About UTEK Corporation
UTEK(R) is a specialty finance company focused on technology transfer. UTEK enables companies to acquire innovative technologies from universities and research laboratories worldwide. UTEK facilitates the identification and then finances the acquisition of external technologies for clients in exchange for their equity securities. This unique process is called U2B(R). In addition to its U2B(R) service, UTEK offers companies the tools to search, analyze and manage university intellectual properties. UTEK is a business development company with operations in the United States, United Kingdom and Israel. For more information about UTEK, please visit its website at http://www.utekcorp.com.
Forward-Looking Statements
Certain matters discussed in this press release are "forward-looking statements." These forward-looking statements can generally be identified as such because the context of the statement will include words, such as UTEK or Universal Detection Technology "expects," "should," "believes," "anticipates" or words of similar import. Similarly, statements that describe UTEK's or Universal Detection Technology's future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, including the financial performance of UTEK or Universal Detection Technology, as appropriate, and the valuation of UTEK's investment portfolio, which could cause actual results to differ materially from those currently anticipated. Although UTEK and Universal Detection Technology believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, they cannot give any assurance that their expectations will be attained. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating any forward-looking statements. Certain factors could cause results and conditions to differ materially from those projected in these forward-looking statements, and some of these factors are discussed below. These factors are not exhaustive. New factors, risks and uncertainties may emerge from time to time that may affect the forward-looking statements made herein. These forward-looking statements are only made as of the date of this press release and both UTEK and Universal Detection Technology do not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. UTEK's operating results could fluctuate significantly due to a number of factors. These factors include the small number of transactions that are completed each quarter, the value of individual transactions, the timing of the recognition and the magnitude of unrealized gains and losses, UTEK's dependence on the performance of companies in its portfolio, the possibility that advances in technology could render the technologies it has transferred obsolete, the loss of technology licenses by companies in its portfolio, the degree to which it encounters competition in its markets, the volatility of the stock market and the volatility of the valuations of the companies it has invested in as it relates to its realized and unrealized gains and losses, the concentration of investments in a small number of companies, as well as other general economic conditions. As a result of these and other factors, current results may not be indicative of UTEK's future performance. For more information on UTEK and for a more complete discussion of the risks pertaining to an investment in UTEK, please refer to UTEK's filings with the Securities and Exchange Commission.
KEYWORD: NORTH AMERICA CALIFORNIA FLORIDA UNITED STATES INDUSTRY KEYWORD: EDUCATION UNIVERSITY TECHNOLOGY GOVERNMENT DEFENSE ELECTRONIC DESIGN AUTOMATION STATE/LOCAL HEALTH BIOTECHNOLOGY NATURAL RESOURCES PROFESSIONAL SERVICES FINANCE CONTRACT/AGREEMENT SOURCE: UTEK Corporation
CONTACT INFORMATION: UTEK Corporation, Tampa Tania Bernier, 813-754-4330 x 223 or Consulting for Strategic Growth 1 Stan Wunderlich, 800-625-2236 or Bankside Consultants (UK) Steve Liebmann or Simon Bloomfield, + 44 (0) 20-7367-8883 or Universal Detection Technology Jacques Tizabi, 310-248-3655
Posts: 1580 | From: World | Registered: Jul 2006
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