Hey rrufff, I'm not in this, but thought of you when I saw it. Aphatrade sent me this e-mail...could be good for a boost.
Sense to Present Advanced MEMS-Based Portable Explosives
Detection Demonstrator System in Online Video Webcast Today
_______________________
Video to Show Function of Handheld Detector for Use in Identification
of Concealed Explosives in Homeland Security Applications
FORT LAUDERDALE, Fla.—BUSINESS WIRE—MAY 5, 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, will present via streaming web-based video a functional demonstration of the Company’s innovative MEMS-based explosives detection system (EDS), at 4:01pm Eastern today.
The video presentation will be available for viewing by all interested Homeland Security investors. It will also be archived for future reference at the Web link listed below.
In the video, Dore Perler, CEO of Sense Holdings, will demonstrate the use and performance of a demonstration model of the Company’s planned MEMS-based explosive detection device product line. The current demonstrator device can detect the explosive materials TNT and PETN.
Sense intends to develop a full line of compact, lightweight handheld explosive detection devices under the Company's "Sense-it" label. Based on the Company's proprietary Micro Electro-Mechanical Systems (MEMS) technology, Sense plans to market the handheld detectors for use at airports, shipping ports and other transportation infrastructure, sports stadiums and other public venues.
“I’m excited that investors and potential customers will now be able to see the performance of Sense’s MEMS-based handheld explosives detection technology,” said CEO Dore Perler. “We have made great progress developing the technology for commercial use. This early demonstrator model is designed to show how our proprietary technology, when marketed commercially, will set new industry standards in terms of portability, cost and functionality.”
MEMS structures are fabricated in a similar fashion to mass-produced electronic integrated circuits and can be applied to the detection of a wide range of illicit and dangerous threats, including explosives, chemical warfare agents, biological warfare agents and narcotics. Sense intends to commercialize a portfolio pipeline of novel detection devices capable of sensing many of these threats and substances.
According to industry sources, the US market for explosive detection systems (EDS) is currently estimated to be $3.5 billion, and expected to grow to $10 billion by 2010 as advanced technologies penetrate and expand the marketplace.
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. Sense is the sole commercialization partner with exclusive rights for the manufacture, sale and distribution of MEMS-based handheld devices for homeland security product applications and markets.
To access the Sense Holdings demonstration unit video presentation, please visit:
trilogy-capital.com.
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
This 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.
Contact:
Sense Holdings, Inc.
Dore Perler, 954-726-1422 x 101
dore@senseme.com
or
Financial Communications:
Trilogy Capital Partners
Paul Karon, 800-592-6067
paul@trilogy-capital.com
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