PRESS RELEASES
IDO Security Announces Worldwide Commercial Availability of MagShoe Shoe-Scanning Security Device
Partners with Leading Contract Manufacturer UNI to Meet Growing Demand for High-Volume Production of Innovative "Shoes-On" Metal Detector
HOLLYWOOD, Fla., May 8 /PRNewswire-FirstCall/ -- IDO Security, Inc. (OTC Bulletin Board: IDOI), developer of the innovative MagShoe(TM) "shoes-on" metal detector system, today announced that it has selected a leading contract manufacturer, UNI Sophisticated Electronic Assembling Ltd. (www.unis.co.il), to make MagShoe commercially available for global sales. The announcement follows months of testing and research to enable the high-volume production of MagShoe, and accommodate explosive demand for the device in response to heightened security concerns worldwide.
"The MagShoe goes where traditional metal detectors can't, instantly and accurately detecting metal items concealed in footwear without requiring the removal of shoes. Accordingly, there has been tremendous demand from businesses of all types, all over the world, that require a more complete, reliable approach to security and loss prevention," said Michael Goldberg, President and Director of IDO Security. "Our partnership with UNI allows us to fulfill that demand quickly and seamlessly, regardless of volume or need."
IDO Security has already completed a number of successful test pilots with MagShoe at international airports, government agencies, cruise lines and other high-security targets in Israel, Poland, the United States and more. Purchase orders and implementations have quickly followed, with additional demonstrations currently in progress in countries around the world.
"We're excited to provide IDO Security with the ability to flexibly respond to global requests for MagShoe on a commercial scale," said Ezra Shmueli, Managing Director of UNI. "UNI's state-of-the-art facilities and proven assembly processes deliver top quality, precision and speed for the manufacture of a broad range of industry-leading technology, aerospace, military and other products."
About UNI
UNI - Sophisticated Electronic Assembling Ltd. is a prominent leading Israeli PCB assembling company which provides productive lines for electronic & mechanic assembling of various products, as well as turnkey solutions and integration. UNI offers superior quality and swift professional solutions for leading hi-tech companies. Special emphasis is placed on each and every detail of the work process, taking into account the special needs of different customers and their products for military, civilian and medical purposes. We escort our customers starting from consulting, throughout designing & developing PCBs and prototype, prior to mass production. UNI means -- you & I shall work together in cordial and complete co-operation. www.unis.co.il
About IDO Security
IDO is engaged in the design, development and marketing of devices for the homeland security and loss prevention markets for use in security screening to detect metallic objects concealed on or in footwear, ankles and feet through the use of electro-magnetic fields. These devices were designed specifically for applications in the security screening to complement the current methods for the detection of metallic items during security screenings and at security checkpoints in venues such as airports, prisons, schools, stadiums and other public locations and other venues requiring individual security screening. IDO's sole commercial product, "MagShoe" has been issued one patent by the United States Patent and Trademark Office in November 2005 covering various aspects of its unique technology and there is one patent application pending in Israel. In January 2006, the MagShoe(TM) was approved for use by the Department for Transport in the United Kingdom, after fields trials were conducted for the Home Office's Police Scientific Development Branch. In addition, IDO has been certified by the International Organization for Standardization ("ISO") under ISO 9001:2000 compliance for the design, development and manufacture of electronic, electro-optic and electro-mechanical systems
For more information please visit us at www.idosecurityinc.com
Forward Looking Statements:
A number of statements contained in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended. A safe-harbor provision may not be applicable to the forward-looking statements made in this press release because of certain exclusions under Section 27A (b). These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, uncertainties related to the development of IDO's business plan, and the ability to secure additional sources of financing. The actual results that IDO may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. IDO encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-KSB and Form 10-QSB.
MEDIA CONTACT:
Kevin McLaughlin
609-279-0050 x102
kevin@resoundmarketing.com
Contact:
Michael Goldberg
646-214-1234
mg@idosecurityinc.com
