IDO Security to Present at National Investment Banking Association's Upcoming Conference

Date : 05/05/2008 @ 11:25AM
Source : PR Newswire
Stock : (IDOI)
Quote : 0.15  0.0 (0.00%) @ 9:58PM
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IDO 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:IDOI) (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 http://www.nibanet.org/.

About IDO Security

Headquartered in New York with a subsidiary in Israel, IDO Security designs, develops and markets the patented MagShoe(TM) metal detector system. MagShoe fills a critical void in today's metal detectors by extending screening to the lower body and feet. MagShoe's "shoes-on" design maximizes security, thoroughness and accuracy while eliminating the need to remove shoes for increased convenience and safety. Ideal for security and loss prevention at virtually any facility, MagShoe is currently in use at international airports, cruise lines, government agencies, private homes and more. http://www.idosecurity.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

COMPANY CONTACT: Michael Goldberg 646-214-1234

DATASOURCE: IDO Security, Inc.

CONTACT: MEDIA, Kevin McLaughlin for IDO Security, Inc., +1-609-279-0050

Ext. 102, ; or COMPANY, Michael Goldberg of IDO

Security, Inc., +1-646-214-1234,

Web site: http://www.idosecurityinc.com/

http://www.nibanet.org/

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