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Suspect Detection Systems Inc. Sells Additional Cogito Interrogation Units to Federal Agency in Latin America
Oct 12, 2009 (07:10 AM EDT)
NEW YORK, October 12 /PRNewswire-FirstCall/ -- Suspect Detection Systems Inc., (SDSS.OB), a leading developer of counterterror and crime prevention technology, announced today that multiple units of the Cogito(TM) rapid interrogation system have been sold to a large federal agency operating in a major Latin American nation.
This is the second sale to the same federal agency in the past year. The units are expected to be installed in the coming weeks. Additional sales to this agency are expected in 2010.
The interrogation units are being used by police forces to identify criminal suspects involved in kidnapping, murder and drug trafficking, as well as to expose suspects' associations with various cartels operating in the region. Cogito is being used to solve crimes that have already taken place, as well as during routine arrests and questionings in the field.
"This repeat sale displays the value of our crime and terror fighting system to federal agencies," stated Shabtai Shoval, CEO of Suspect Detection Systems Ltd. "After using our automated interrogation technology for a year, this agency recognized the value of our system and made the decision to buy additional units."
"This sale represents a major milestone in our business strategy, to steadily penetrate security markets and advance towards additional sales once Cogito's value has been proven in the field," Shoval added.
Cogito is an automated interrogation system used to detect the hostile intent of suspected criminals and terrorists. The system has multiple applications, and is particularly useful for interrogating individuals suspected of committing crimes or being involved with organized crime rings. The system is also utilized for pre-employment and employee screening, fraud prevention, and military intelligence collection. Cogito can easily be deployed to detect terrorists or smugglers at checkpoints and border crossings, and even within war zones.
About Suspect Detection Systems
Suspect Detection Systems Ltd. is a developer of proprietary counterterror and crime prevention technology designed to identify threats in real-time, and prevent incidents before they are carried out. The technology detects the hidden 'hostile intent' of assailants-before they commit their intended acts-with a remarkable degree of accuracy. The system can also be used after crime was committed to quickly identify criminals from among a pool of suspects.
Learn more about Suspect Detection Systems and Cogito Technology at http://www.suspectdetection.com
This letter contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of Suspect Detection Systems and its technologies. Readers are cautioned not to place undue reliance on these statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release, as actual results may differ materially from those indicated in the forward-looking statements. Suspect Detection Systems' public filings may be viewed at http://www.sec.gov .
Contact: Alex Traiman, +1-646-863-9729, firstname.lastname@example.org Michal Efraty, Public & Investor Relations Consultant Financial Communication +972-3-695-4333, michal@FinCom.co.il
SOURCE Suspect Detection Systems
CONTACT: Contact: Alex Traiman, +1-646-863-9729, email@example.com; MichalEfraty, Public & Investor Relations Consultant, Financial Communication,+972-3-695-4333,