Two Triangle Research Rates Alco Advanced Technologies, Inc. Speculative Buy
10 August 2009 - 9:28PM
Business Wire
Two Triangle Research (TTR), the independent research arm of Two
Triangle Consulting Group, LLC, has completed an independent
analysis and research report on Alco Advanced Technologies, Inc.
(OTC:PINK:ALCD) and believes that the Company is well-positioned to
capitalize on the pressing need to secure ports worldwide.
Alco offers Container Security Scanning Turnkey Services and
Electronic Security Systems for all ports of entry. Alco’s
offerings improve tasks related to government agencies, Fortune 500
companies and the gaming industry. Alco employs an outsourced model
for sales, service and implementation of its security offerings.
The Company is the only provider of container scanning services
that adhere to the U.S. Secure Freight Initiative (SFI) that calls
for 100% inspection of all containers by 2012.
According to Two Triangle Research analyst Rob Goldman, “With a
broad security product portfolio, led by its unique Port Scanning
Solution that is the only solution adhering to the SFI, and a
global presence, Alco appears well-positioned to take advantage of
the growing need to secure ports, airports, border crossings, and
public venues.” Considerations for the Two Triangle Research view
include:
- Securing maritime cargo remains
both a priority and a security challenge.
- Ports around the world must
protect, and secure international assets and ensure illegal
contraband or weapons are not smuggled into or out of a host
country.
- Most inspections are performed
manually and sporadically, even though these methods are
inaccurate, time-consuming, and expensive.
- Annual U.S. port security costs
have risen 700% to nearly $2.0 billion.
- Alco’s Port Scanning Solution
not only guarantees 100% electronic inspection for containers
entering a port, but it is done at no cost to the facility.
- The Company is leveraging its
partnerships and distributors in the all-important Latin American
and Middle East markets with diverse deals in hand.
TTR believes that Alco should benefit from continued maritime
container security adoption in the U.S. and abroad, spurred by
regulation, technological advancements, and a need to secure cargo
efficiently, cost-effectively, and without traffic disruption. Thus
it rates these shares a Speculative Buy.
About Two Triangle Research: Two Triangle Research (TTR)
is the independent research arm of Two Triangle Consulting Group,
LLC, a business and financial advisory and consulting firm. TTR
produces issuer-paid stock market research and corporate profiles,
as well as due diligence and market research. This Company Report
was prepared for informational purposes only and Two Triangle
Research has been compensated by the Company or a related party.
TTCG analysts are responsible only to the public, and are paid in
advance to eliminate pecuniary interests, retain editorial control,
and ensure independence. The Firm does not accept any equity
compensation. Analysts are compensated on a per-company or
per-report basis and not on the basis of his/her
recommendations.
The information used and statements of fact made have been
obtained from sources considered reliable but we neither guarantee
nor represent the completeness or accuracy. Two Triangle did not
make an independent investigation or inquiry as to the accuracy of
any Company released information and such information and the
opinions expressed are subject to change without notice. A Two
Triangle Research report, snapshot update, or note is not intended
as an offering, recommendation, or a solicitation of an offer to
buy or sell the securities mentioned or discussed. Please read the
report’s full disclosures and analyst background before investing.
For information regarding report distribution or to engage Two
Triangle Research, mailto:info@twotriangle.com
About Alco Advanced Technologies, Inc.: Alco Advanced
Technologies, Inc. (OTC:PINK:ALCD) (www.alco-advanced.com) designs
and commercializes Electronic Security Systems and Container
Security Scanning Turnkey Services for all ports of entry. Alco’s
mission is for the preservation and improvement of tasks related to
the efficiency of Port Security and to provide state-of-the-art
electronic security technologies to Government Agencies, Fortune
500 companies and the gaming industry.
Southern ITS (PK) (USOTC:SITS)
Historical Stock Chart
From Jun 2024 to Jul 2024
Southern ITS (PK) (USOTC:SITS)
Historical Stock Chart
From Jul 2023 to Jul 2024