Security With Advanced Technology Reports Order From Denver Police Department for Veritas Launchers and Less-Lethal Products in
June 16 2008 - 9:00AM
Marketwired
LOUISVILLE, CO reported that its Veritas Tactical business
segment has received a purchase order from the City and County of
Denver, for the Company's recently introduced rifle launcher and
pistol launcher as well as projectiles and associated accessories.
The purchase order includes 88 of the new Mark IV launchers
representing approximately 80% of the order and the PO totals in
the low six figures. The Denver Police Department conducted
extensive testing and evaluation of the launchers prior to placing
the purchase order and has requested delivery in advance of the
upcoming Democratic National Convention to be held in Denver in
August.
Ben Cook, Director of Veritas Tactical division, noted, "We are
pleased with this purchase commitment as we believe that it is a
strong validation of the benefits that our new Mark IV rifle
launcher provides to law enforcement and military agencies. The
Democratic National Convention will be a significant setting to
demonstrate the less-lethal nature and tactical capabilities of our
products, especially when compared to alternative systems." Cook
added, "We continue to have follow-on discussions with multiple
agencies which are currently evaluating the Mark IV rifle
launchers."
SWAT CEO, Jeff McGonegal, added, "The receipt of this PO
following extensive testing by Denver is exciting and hopefully
marks the start of additional sales opportunities. We also continue
to make progress on the steps required to consummate the merger
with PepperBall Technologies that was announced on May 28,
2008."
About Veritas Tactical
The Veritas Tactical division of SWAT is on the cutting edge of
product innovation for less-lethal weapons and tactical training.
Veritas Tactical's goal is to provide innovative tools and training
to increase the tactical effectiveness of law enforcement and
military agencies worldwide. The division's products and training
are currently only offered to military, law enforcement, and
qualified personnel. To learn more about Veritas Tactical go to
www.veritastactical.com.
About Security With Advanced Technology, Inc.
Security With Advanced Technology, Inc. is a provider of
high-tech security products and services, which include non-lethal
personal protection devices, surveillance and intrusion detection
systems and mobile digital video surveillance solutions. SWAT's
products and services are designed for government agencies,
military and law enforcement, in addition to transportation,
commercial facilities and non-lethal personal protection segments.
For additional information visit www.swat-systems.com or call the
corporate headquarters at (800) 498-7965.
Forward-Looking Statement
This press release includes "forward-looking statements" as
defined by the Securities and Exchange Commission (the "SEC"). All
statements, other than statements of historical fact, included in
the press release that address activities, events or developments
that the company believes or anticipates will or may occur in the
future are forward-looking statements. These statements are based
on certain assumptions made based on experience, expected future
developments and other factors the company believes are appropriate
under the circumstances. Such statements are subject to a number of
assumptions, risks and uncertainties, many of which are beyond the
control of the company and may not materialize, including, without
limitation, the efficacy of the company's products and services,
the company's ability to secure its ownership of, right to use and
protect its intellectual property and proprietary technology and
the company's ability to close the PTI acquisition, integrate the
combined operations into a viable enterprise and to complete
development of, launch and achieve acceptable levels of sales and
margins for its products and services. Investors are cautioned that
any such statements are not guarantees of future performance.
Actual results or developments may differ materially from those
projected in the forward-looking statements as a result of many
factors. Furthermore, the company does not intend (and is not
obligated) to update publicly any forward-looking statements,
except as required by law. The contents of this release should be
considered in conjunction with the warnings and cautionary
statements contained in the company's recent filings with the
SEC.
Contacts: Jeff McGonegal SWAT CEO 303-475-3786 Ben Cook Veritas
Director 303-952-3451
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