SEHO .27 + .02
Sense Holdings' Next-Generation MEMS-Based Explosive Detection Technology to Debut in Video Presentation; Video to Highlight Proprietary Technology Platform for Multiple Detection Homeland Security Applications
Business Wire - February 15, 2006 10:31
FORT LAUDERDALE, Fla., Feb 15, 2006 (BUSINESS WIRE) -- 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 debut of a new video presentation highlighting the Company's advanced MEMS-based technology platform for multiple uses in a range of portable, handheld detection devices, at 12 noon Eastern, Friday, Feb. 17.
The video presentation, to be made available online and free of charge, features an overview of Sense's unique and proprietary technology for the detection of concealed explosives, narcotics and dangerous substances, based on the cutting-edge science of Micro Electro-Mechanical Sensors (MEMS), as well as details and insights about its upcoming line of commercial detection products, including an ultra-efficient and affordable handheld explosives detector designed to improve security screening application in airports and other arenas.
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. Eventually, Sense intends to commercialize a full pipeline of novel detection devices capable of sensing many of these threats and substances.
"Our unique MEMS platform provides next-generation, highly adaptable and versatile technology for the sensing of a wide range of dangerous and illicit substances, all at substantially reduced costs," said Dore Perler, CEO of Sense Holdings, Inc. "At this time of heightened security concerns around the world, we believe our advanced MEMS technology provides the ideal solution for public and private organizations of all kinds requiring powerful portable detection capabilities at affordable prices. Given MEMS' substantial advantages over leading technologies on the market, we feel confident that our pipeline of detection devices will emerge as the clearly superior market alternative."
The upcoming pipeline of detection devices is being developed by Sense in a strategic partnership with the Oak Ridge National Laboratory (ORNL), which is operated by the US Department of Energy, in Oak Ridge, Tennessee.
Sense is a leading developer of advanced proprietary solutions for the global Homeland Security and counterterrorism marketplace. Its product lines and proprietary technology portfolios include biometric authentication and identification technologies and handheld devices for streamlined security screening applications. Among its current customers are the U.S. Army and U.S. Department of Corrections, in addition to some of the largest global transport 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
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.
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
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