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Technology Stocks : IDOI - IDO Security, Inc. IDOI

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Mar 29 5:00 PM EST

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From: QualityStocks	12/2/2010 9:51:25 AM
	of 30

IDO Security, Inc. (IDOI.OB) Announces LOI from UK Distributor for First Multi-Site Order of New MagShoe 3G(TM) Series Yesterday after the closing bell, IDO Security, Inc., developer of the innovative MagShoe™ shoe scanning device, announced it has received a Letter of Intent (LOI) for its first multi-site deployment of the new MagShoe 3G™ Series issued by IDO Security’s local agent, Birmingham, UK-based Scan-X Security Ltd. The company stated that the LOI was the result of a successful field trial conducted earlier. “We are very pleased with the way things are developing for the new 3G series. Our efforts in Europe during the last few months have proven that the multiple pilots and trial runs are an effective means of demonstrating the MagShoe to potential large clients and ultimately receiving orders,” commented IDO Security’s International Sales & Marketing Manager, Dani Werber. Please see disclaimer on our profile

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