PRESS RELEASES
DO Security to Present at National Investment Banking Association's Upcoming Conference
Company President to Present Innovative 'Shoes-On' Security Screening Device
NEW YORK, May 5 /PRNewswire-FirstCall/ -- IDO Security, Inc. (OTC Bulletin Board: IDOI), developer of the innovative MagShoe(TM) "shoes-on" metal detector system, today announced that its President, Michael Goldberg, will present at next week's National Investment Banking Association conference, May 7-9 at the Diplomat Hotel in Hollywood, FL.
Mr. Goldberg will present the MagShoe product, a patented security screening device for the lower body that instantly and accurately detects metal items concealed in footwear -- without requiring the removal of shoes. MagShoe is already in testing and in use at international airports, stadiums, government agencies, cruise lines, private homes and other high-security venues around the world.
"We are grateful for the opportunity to build awareness within the investor community as we pursue continued growth for our business internationally, and prepare to market the MagShoe product in the United States," said Mr. Goldberg. "We are looking forward to attending more conferences like NIBA that allow us to showcase MagShoe and share its successes with a larger audience."
About the National Investment Banking Association (NIBA)
The National Investment Banking Association (NIBA) is a national trade association of regional and independent brokerages, investment banking firms, and related capital market service providers. For more information on NIBA, please visit www.nibanet.org
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
