Now I see why... Tomorrow ought to be interesting...They are moving fast now...
Sense Holdings Presents First Look Photos of New Handheld Explosive Detection Demonstration Device; Palm-Sized Detector to Provide Advanced Bomb Sniffing Functionality at Low Costs for Homeland Security Markets
4:01 PM EDT April 20, 2006
Sense Holdings, Inc. (OTCBB:SEHO) (FWB:OUP), a developer of next-generation biometric and explosive detection security technologies for government and commercial security markets, announced today the availability of photographs of its newly announced first-generation handheld explosive detection device.
The current model can detect the explosives TNT and PETN. It is the first in a planned line of handheld explosive detection devices based on the Company's proprietary Micro Electro-Mechanical Systems (MEMS) technology.
Sense recently reached a critical milestone in bringing this technology out of the laboratory with the capability for portable demonstrations. Sense is developing its line of advanced detection products under a research and development partnership with the Oak Ridge National Laboratory in Oak Ridge, TN, which is operated by the US Department of Energy (DOE). Sense is the sole commercialization partner for security applications of Oak Ridge's MEMS-based technologies and products.
When introduced commercially, the portable device's cutting-edge technology is intended to provide airports, homeland security agencies, corporate America and other customers with optimized explosive detection capabilities at a fraction of the costs of current explosive detection products. The photos of the current demonstration device, while not in final commercial form, indicate the general size of the unit, which is approximately 5 inches in length.
"We are positioning Sense's detection products to redefine the explosive detection device industry in terms of price, weight, performance and ease of use," said Dore Perler, CEO of Sense Holdings. "The demonstration device will enable us to show potential customers exactly how effectively our technology performs in a compact form factor."
To view photographs of the Sense Holdings demonstration unit, visit trilogy-capital.com. The Company also released illustrations that more closely resemble the actual expected form of the future commercial product. These images are also available for viewing at the above link.
Sense will now market the prototype device to such target customers as airports, police departments, federal facilities and military bases, ports and international border agencies, and private stadiums and arenas.
Sense develops advanced proprietary solutions to address worldwide needs in Homeland Security and counterterrorism. Among its customers are the U.S. Army and U.S. Department of Corrections, in addition to some of the world's largest international companies.
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, American Airlines and others. 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 ticker symbol, OUP. For other information, please visit senseme.com.
Cautionary Statement
his presentation includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products and services in the marketplace, the ability of the Company to develop effective new products and receive governmental approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's filings with the U.S. Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
SOURCE: Sense Holdings, Inc.
Sense Holdings, Inc., Fort Lauderdale Dore Perler, 954-726-1422, x101 dore@senseme.com or Investor Relations: Trilogy Capital Partners Paul Karon, 800-592-6067 paul@trilogy-capital.com |
