Beacon Equity Research Updates Coverage of Sense Holdings, Restates 12-Month Target Share Price $0.75
Tuesday December 6, 4:01 pm ET
Reports Notes Strengthened Patent and License Portfolio in Biometric and Explosive Detection for Homeland Security Markets
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Dec. 6, 2005--Sense Holdings, Inc. (OTCBB:SEHO - News; FWB:OUP), a developer of next-generation biometric and explosive detection security technologies for government and commercial security markets, today announced that fee-based investment research firm, Beacon Equity Research, has issued an update on recent Company developments expected to further reinforce its competitive edge as a leading provider of innovative, comprehensive solutions for the growing Homeland Security market.
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Key among those developments is the Company's recent filing of a new explosives detection technology patent based on Micro Electro-Mechanical Sensors (MEMS), which brings Sense's total exclusive worldwide patents and licenses, pending and issued, to 12.
"In the highly competitive Homeland Security space, we see a depth of patent protection as a key for any company seeking to take a leadership position," the Beacon report update notes.
In addition, Sense also has recently expanded its worldwide licensing and patent agreements with the Oak Ridge National Laboratory, the report notes. "With that agreement, Sense now owns all worldwide exclusive licenses and patents related to the sale, manufacturing and distribution of this handheld detection system, as well as to all its potential applications for the detection of landmines, unexploded ordnance, chemical warfare agents and narcotics," the update notes. "In addition, the Company has rights to acquire the field of use for all biological warfare agents."
The update, which follows on the heels of a comprehensive, research report issued on Oct. 19, paid for by Sense Holdings, reiterates Beacon's initial long-term projected target share price. "In light of the positive news announcements and promising business prospects since our initial coverage of the Company on October 14, 2005, we reiterate our 12-month price target of $.75 for Sense Holdings, Inc. at this time," the report update notes.
"The potential market for explosive detection units is enormous," said the report update. "Terrorism threats involving explosives are not only a concern of those in the U.S., but for virtually every country in the world now. It is very likely that as the technology evolves, handheld explosive detection devices will comprise a large part of this market in the future."
To read the updated report, produced under compensation terms described below, please visit beaconequityresearch.com.
About Beacon Equity Research
Beacon Equity Research is committed to producing the highest-quality investment research, and helping investors make informed decisions. Our focus is primarily on the underserved small cap market, which has traditionally been shunned by Wall Street. We have no investment banking or consulting relationships with the companies we cover, removing an inherent conflict of interest typically found in most research firms. The companies we feature have agreed to enroll in our research program for a set period and have also agreed to pay an upfront fee to defray the costs of research, publishing and distribution. Our analysis and conclusions are therefore made independently from outside pressures. We seek to explore every pertinent aspect of a company's business and make investors fully aware of the potential risks and rewards involved with the company's stock. All of our reports are co-authored and approved by a Chartered Financial Analyst (CFA), one of the most prestigious designations in the securities industry. As a CFA holder, our analysts are bound by the AIMR code of ethics.
About Sense Holdings, Inc.
Sense Holdings is a developer of next-generation biometric identification systems, and nanotechnology-based micro-sensor technologies for government, military and commercial security marketplaces. The Company's wholly-owned subsidiary, Sense Technologies, deploys proprietary biometric technology based on advanced fingerprint technology and biometric integration to create a range of solutions for prisoner identification, time and attendance, access control applications and other markets. Sense's major customers include the U.S. Army, the U.S. Department of Corrections, Federal Express, and American Airlines. A second wholly-owned subsidiary, MSTI, is an emerging nanotechnology-based explosives detection technology development division developing a pipeline of advanced bomb detection technologies, including a prototype handheld explosive detection wand device for Homeland Security applications in airports and other security checkpoints. This hand-held detection alternative is designed to be a cost-effective solution with extremely high detection sensitivity and real-time operability. Currently, a proof-of-principle prototype is undergoing further research and development at the U.S. Oak Ridge National Laboratory. For investor-specific information about Sense Holdings, including recent share price data and news announcements, please visit trilogy-capital.com. To view or download an Investor Fact Sheet about the Company, please visit trilogy-capital.com. Sense is also listed on the Frankfurt Stock Exchange under the ticket symbol, OUP. For other information, please visit senseme.com. |
