Health & Fitness
Health and Fitness
Health and Fitness
Tue, December 22, 2009
Mon, December 21, 2009 IDO Security Expands Presence in Southeast Asia With Multi-Unit Order of MagShoe(TM) in Macau
TEL AVIV, ISRAEL--(Marketwire - December 21, 2009) - IDO Security, Inc. (
The units were supplied through IDO Security's Agent in Hong Kong, Digital East, Ltd., and will be used during high profile sporting events at security check points for increased safety and customer service. Digital East supplies and maintains the MagShoe™ units installed at Hong Kong International Airport and other locations.
"Magshoe™ is the missing link in today's high-security environments, filling the void left by traditional handheld and walkthrough security systems, which do not extend to the lower body. This order expands the presence of the MagShoe™ at venues throughout Southeast Asia," stated Dani Werber,International Marketing Manager of IDO Security.
The MagShoe™ "shoes-on" weapon detection system is currently used in airports, government agencies, sports arenas, cruise ships and more worldwide. Other installations in the Asian market include India, China and Hong Kong.
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About IDO Security
Headquartered in New York with a subsidiary in Israel, IDO Security designs, develops and markets the patented, UL-certified MagShoe™ weapons metal detection system. MagShoe fills a critical void in today's metal detectors by extending screening to the lower body and feet. MagShoe's unique "shoes-on" design maximizes security, thoroughness and accuracy while eliminating the need to remove shoes for increased convenience and safety. Ideal for security and loss prevention at virtually any facility, MagShoe is currently in use at international airports, cruise lines, government agencies, private homes and more. [ www.idosecurityinc.com ]
Forward-Looking Statements
This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections about our business and our industry, and that reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based upon our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed as a result of a number of factors, including but no limited to, the sufficiency of existing capital resources, uncertainties related to the development of IDO's business plan, the ability to secure additional sources of financing, general economic conditions, the availability of competing products and the ultimate market acceptance of our products, changes in technology, legislative or regulatory changes that affect us and the risks and uncertainties discussed under the heading "RISK FACTORS" in Item 1A of IDO's Annual Report on Form 10-K for the year ended December 31, 2008, and in our other filings with the Securities and Exchange Commission. We undertake no obligation to revise or update any forward-looking statement for any reason.
