Suspect Detection Systems Sells Cogito Technology to Private
Security Firm in Major World Nation
NEW YORK, November 5, 2012 /PRNewswire/ --
Suspect Detection Systems Inc., (OTCBB: SDSS), a developer of
counter terror and crime prevention technology, announced today
that the company has sold multiple units of the Cogito automated
interrogation system to a private sector security firm in one of
the world's largest nations.
The sale was completed in the same nation in which Cogito
technology is currently being certified for use by federal law
enforcement. The marketing and distribution company
responsible for introducing Cogito to the private sector security
industry is not the same defense contractor working to certify
Cogito for use by law enforcement agencies.
According to the representing agent responsible for commercial
private sector sales, the purchasing firm has significant clients
including the nation's largest energy company. Cogito will be
used to interrogate employees including management in ongoing
efforts to prevent and solve cases of industrial espionage.
Suspect Detection Systems has already received the first payment
for the Cogito Units.
"The sale proves once again that Cogito can be used to identify
individuals with the distinct intent to cause, whether those
individuals are known criminals or trusted staff members," said Gil
Boosidan, CEO of Suspect Detection Systems Inc. "I am hopeful
that the usage of Cogito technology by a major private sector
security firm can aid in the full certification of Cogito
technology for national security as well."
About Suspect Detection Systems
Suspect Detection Systems Inc., through its subsidiary Suspect
Detection Systems Ltd., is a developer of proprietary counter
terrorism and crime prevention technology designed to identify
threats in real-time, and prevent incidents before they are carried
out. The technology detects the hidden "hostile intent" of
assailants - before they commit their intended acts - with a high
degree of accuracy. The system can also be used after a crime
is committed to quickly identify criminals from among a general
population pool, including suspects.
Learn more about Suspect Detection Systems and Cogito Technology
at http://www.sdss-corp.com.
Forward-Looking Statements
This letter contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended
and Section 21E of the Securities Exchange Act of 1934, as amended.
All forward-looking statements are inherently uncertain, based on
current expectations and assumptions concerning future events or
future performance of Suspect Detection Systems and its
technologies. Readers are cautioned not to place undue reliance on
these statements, which are only predictions and speak only as of
the date hereof. In evaluating such statements, prospective
investors should review carefully various risks and uncertainties
identified in this release, as actual results may differ materially
from those indicated in the forward-looking statements.
Suspect Detection Systems' public filings may be viewed at
http://www.sec.gov.
Contact:
Investor Relations
alext@sdss-corp.com
+1-646-863-9729
SOURCE Suspect Detection Systems
