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Defentect Group, Inc. Announces SmartPhone Initiative
May 11, 2010 (05:05 PM EDT)
Company To Enable Its Intelligent Messaging Platform For Mobile Applications
NORWALK, Conn., May 11 /PRNewswire-FirstCall/ -- Defentect Group, Inc. (OTC Bulletin Board: DFTC), a developer and provider of rapid response software applications for the threat detection industry, announced today the Company's newest initiative that incorporates Defentect's intelligent messaging software with SmartPhone technology for use in commercial and security related applications. Defentect's recent shift in corporate focus from radiation detection to rapid response software has opened the door to many revenue generating vertical markets, such as the billion dollar SmartPhone industry. These vertical markets incorporate the robust architecture of Defentect's proprietary DM3™ software, allowing the same technology that can protect cities and municipalities from a dirty bomb to also safeguard multiple resources across a broad spectrum of society.
"This newest addition to Defentect's suite of products is a direct result of the Company's recent restructuring efforts. We have identified a market segment that can directly benefit from the power of our DM3™ technology and applied that knowledge to develop a product to serve the rapidly growing SmartPhone industry," commented James Ackerly, CEO of Defentect Group, Inc.
According to International Data Corporation, a global provider of market intelligence for a variety of technology segments, the worldwide SmartPhone market reached a new record level of 54.5 million units shipped in the fourth quarter of 2009, up 39% from the same quarter of 2008. Vendors shipped a total of 174.2 million units for the full year in 2009.
"Our research has indicated that just as the computer transformed personal and professional lives in the recent past, the SmartPhone is the next generation of transformative gateway technology. Defentect is poised to take advantage of this opportunity, implementing our platform for various public safety avenues. That is what Defentect is all about," Ackerly went on to say.
Currently, there are several applications in the development and testing phases. Defentect anticipates making the application available to marketing partners and individual iPhone users in the coming weeks. The Company intends for future versions to be compatible with additional "smart" devices.
About Defentect Group, Inc.
Defentect Group, Inc. offers a global management and alerting system which reacts to the detection of chemical, biological, radiological, nuclear and explosive ("CBRNE") threats. Defentect's proprietary technology detects the threat and immediately notifies key personnel and first responders so that appropriate action can be taken. The software platform is easily integrated with other sensors, making it attractive to many potential partners and manufacturers. For more information, visit www.defentect.com
SAFE HARBOR STATEMENT: This press release may contain "forward-looking statements" that are made pursuant to the "safe harbor" provisions as defined within the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words including "anticipates," "believes," "intends," "estimates," and similar expressions. These statements are based upon management's current expectations as of the date of this press release. The Company cautions readers there may be events in the future that the Company is not able to accurately predict or control and the information contained in the forward-looking statements is inherently uncertain and subject to a number of risks that could cause actual results to differ materially from those indicated in the forward-looking statements. Further information on these and other potential factors that could affect the Company's financial results is included in the Company's filings with the SEC under the "Risk Factors" sections and elsewhere in those filings.
SOURCE Defentect Group, Inc.