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