NEW YORK, Aug. 5, 2013 /PRNewswire/ -- Suspect
Detection Systems Inc., (OTCBB: SDSS), a developer of
highly-sophisticated counter-terror and crime prevention
technology, announced today that the Company has signed a
distribution agreement with the largest defense technology
contractor in a Latin American country that serves as a major
international tourist destination, receiving its initial purchase
order.
The distribution agreement is part of Suspect Detection System's
continuing business development efforts to penetrate the lucrative
Latin American security markets by serving law enforcement agencies
as well as private-sector commercial entities. Suspect Detection
System's proprietary Cogito Technology is already being
successfully being utilized in several Latin American nations.
"We are extremely pleased with our new distribution agreement
with the major defense contractor, which we believe will lead to
significant additional revenues," said Gil Boosidan, CEO of Suspect
Detection Systems Inc. "We continue to develop new markets for
our technology as we continue to increase our presence in
Central and South America. Our
customers throughout Latin America
have expressed immense satisfaction with our technology and its
proven ability in enhancing their efforts to prevent terrorism and
criminal activity."
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 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 www.sec.gov.
Contact:
Investor Relations
alext@sdss-corp.com
(646) 863-9729
SOURCE Suspect Detection Systems
