Borlas Security Systems Demonstrating IDO Security's MagShoe at Russian INTERPOLITEX Exhibition This Week
26 October 2012 - 8:50AM
Marketwired
IDO Security Inc. (OTCBB: IDOI), developer of the innovative
MagShoe™ shoe scanning device (SSD), today announced that its
Russian distributor, Borlas Security Systems, a subsidiary of
Borlas Consulting Group, will be demonstrating the MagShoe at the
upcoming 16th Annual INTERPOLITEX http://www.interpolitex.ru/en/
International Exhibition of Police & Military Equipment in
Moscow, Russia in Booth: No. 2C4-4, Hall B.
The INPOLITEX Exhibition is being held at The All Russia
Exhibition Center this week, October 23-26, 2012 and is being
sponsored by the Russian Federation Ministry of Internal Affairs,
Russian Federal Security Service, and the Russian Federal Service
for Military-Technical Cooperation. Borlas Security Systems,
working with Tekhno-Tel will be exhibiting the MagShoe in the
context of a project called creating a "Safe City Security Solution
Integration."
Borlas recently helped IDO receive the GOST-R State Standard
Quality Certification for the MagShoe,
http://gost-r.com/eng/66-certificate-gost-r.html, making it an
approved Russian government security product which greatly
facilitates sales to a wide variety of government agencies in
Russia.
Dr. Andrey Prozorov, Director of Security Systems Department at
Borlas Consulting Group, commented, "We believe that the MagShoe is
one of the critical components of a safe city security solution.
The MagShoe offers unique capabilities in facing the threats of
Homeland Security, specifically solving the known problem of
finding concealed weapons and their parts in the shoes and lower
parts of the body without hassling or insulting passengers."
Ido Bar Oz, IDO Security's VP of Business Development,
commented, "Following receipt of the Certificate of Quality granted
by the Russian Federal Bureau of Security, we are pleased to use
INTERPOLITEX as an ideal opportunity to demonstrate the MagShoe for
versatile deployment at hubs of transportation and other strategic
venues in the vast Russian Homeland Security Market."
About IDO Security, Inc. Headquartered in
New York with a subsidiary in Israel, IDO Security designs,
develops and markets the patented MagShoe™ shoe scanning device
(SSD), filling a critical void in today's detectors by extending
screening to the lower body and feet. MagShoe™'s "shoes-on" design
maximizes security, thoroughness and accuracy while eliminating the
need to remove shoes for increased convenience and safety; neither
invasive nor harmful to the body as some of the other screening
devices currently used in the marketplace. Ideal for security and
loss prevention at virtually any facility, MagShoe™ is currently in
use worldwide at international airports, cruise lines, government
agencies, correctional facilities, mints and more.
For more information on the Company, please visit:
http://www.idosecurityinc.com
This press release contains forward-looking statements that
involve substantial uncertainties and risks. These forward-looking
statements are based upon our current expectations, estimates and
projections about our business and our industry, and that reflect
our beliefs and assumptions based upon information available to us
at the date of this release. We caution readers that
forward-looking statements are predictions based upon our current
expectations about future events. These forward looking statements
are not guarantees of future performance and are subject to risks,
uncertainties and assumptions that are difficult to predict. Our
actual results, performance or achievements could differ materially
from those expressed as a result of a number of factors, including
but not limited to, anticipated trends and challenges in our
business and the markets in which we operate, our expectations
regarding our expenses and revenue, the ultimate market acceptance
of our products, the sufficiency of existing capital resources, our
plans for future products and enhancements of existing products,
the ability to secure additional sources of financing, general
economic conditions, the availability of competing products and
changes in technology, legislative or regulatory changes that
affect 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 year ended December 31, 2011, and in our other filings
with the Securities and Exchange Commission at www.sec.gov. We
undertake no obligation to revise or update any forward-looking
statement for any reason.
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COMPANY CONTACT: Susan U 347-855-5869 Email Contact Media
Relations Mike Elliott 813-421-1701 Email Contact
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