Universal Detection Technology Receives Over 30 Purchase Orders for Bioterrorism Detection Kits from Security Agencies, including US Army and US Supreme Court at Gulf Coast Counter Terrorism Conference
Tuesday , September 25, 2007 16:00ET
LOS ANGELES, CA -- (MARKET WIRE) -- 09/25/07 -- Universal Detection Technology (http://www.udetection.com) (OTCBB: UDTT), a developer and provider of early-warning monitoring technologies to protect people from bioterrorism and radiological weapons, received more than 30 orders for its Bio-Detection Kits during the recent counter terrorism conference in Sarasota, hosted by the Sarasota Sheriff's office.
UDTT marketed its counter terrorism solutions including the Company's bioterrorism detection kits, BSM-2000 (real time anthrax detector), and radiological detection systems during the conference to members of law enforcement.
"We are extremely pleased to have the opportunity to provide all of these Federal, Military, State and Local counterterrorism agencies with kits capable of detecting up to five biological pathogens. This conference gave us the ability to market our devices as well as to demonstrate the detection of biological weapons using our products," said Mr. Jacques Tizabi, UDTT's Chief Executive Officer.
The Kits were billed to the above noted security agencies through SSI as part of participation in the counterterrorism training at the Gulf Coast Terrorism Prevention Conference and are expected to be delivered to them directly from UDT within the next 30 days.
Universal Detection Technology is a developer of monitoring technologies, including bioterrorism detection devices. The Company on its own and with development partners is positioned to capitalize on opportunities related to Homeland Security. For example, the Company, in cooperation with NASA, has developed a bio-terror 'smoke' detector that detects certain biohazard substances. 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 involve known and unknown risks and uncertainties, which may cause the Company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. 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.
quote:Originally posted by Lockman: Good call Joe!!
Thanks .... saw the news after hours yesterday and caught it this morning on O T C R E P O R T E R . C O M as their " Morning ALERT ". They had MMIO yesterday, up 100%.
-------------------- " Cash is King " Posts: 1102 | From: NJ | Registered: Mar 2006
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quote:Originally posted by Lockman: Good call Joe!!
Thanks .... saw the news after hours yesterday and caught it this morning on O T C R E P O R T E R . C O M as their " Morning ALERT ". They had MMIO yesterday, up 100%.
I'll put them on my radar, Thanks.
-------------------- Let's Go METS!!! Posts: 3317 | From: CT | Registered: Dec 2006
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posted
Hey guys. Chart says this one has been bullish the last day or two. Lots of room to go up from here before it gets into the overbought zone. Could be a nice short run.
-------------------- "100 years from now it won't make any difference!" Posts: 287 | Registered: Sep 2007
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Was hoping some others from this board were in this. Sold yesterday, bought back this morning at .0022, that website had them again as a " Morning ALERT " !!
-------------------- " Cash is King " Posts: 1102 | From: NJ | Registered: Mar 2006
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Nice job Average Joe. I stared and stared at this all day yesterday and this morning and decided not to buy any. I am kicking myself right now. My decision making sucks this week.
Posts: 712 | Registered: Mar 2006
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On September 25, 2007, Universal Detection Technology (the "Company") filed a Certificate of Amendment to its Articles of Incorporation (the "Amendment") with the Secretary of State of the State of California increasing its number of authorized shares of common stock from 480,000,000 to 20,000,000,000 after the Company's shareholders approved the action at a meeting of shareholders held on September 24, 2007. The shareholders also gave the Board of Directors of the Company authorization, in its discretion, to effect a 200:1 reverse stock split prior to the next annual meeting of shareholders.
Posts: 4381 | From: houston | Registered: Mar 2006
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thanks i wouldnt invest on this .can u provide some picks which might move in the near future.
Posts: 417 | From: grand cayman | Registered: May 2006
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The plan is probably to dilute the crap out of it and then R/S and screw the investors. JMO
-------------------- Making it a little at a time....Now is the time to determine if you are a man or a mouse. Posts: 1543 | From: Ogilvie, MN, US | Registered: Apr 2004
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uh, dude, if you don't know that increasing the A/S 42-fold and doing a R/S is bad, then you shouldn't be trading. Not on other people's advice or your own thoughts.
quote:Originally posted by money 76: thanks i wouldnt invest on this .can u provide some picks which might move in the near future.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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