Message #4 From:
Stock News Bot Date: February 20, 2007 08:00:00 AM
SWAT News Security With Advanced Technology to Present at 2007 Homeland Security Industry Conference
WESTMINSTER, Colo.--(BUSINESS WIRE)--Security With Advanced Technology, Inc. (Nasdaq: SWAT)(Nasdaq: SWATW) today announced that Scott Sutton, president of SWAT, will present at the New York Society of Security Analysts’ (NYSSA) Fourth Annual Homeland Security Industry Conference at 3:50 p.m. EST on Tues., March 13, 2007. SWAT is one of ten companies invited to present at this event.
The NYSSA conference focuses on small cap companies serving the security and defense industries, both sectors on the rise since the terrorist attacks of September 11. SWAT, a rapidly expanding security technology development company in this sector, will join other industry experts in discussing their industry outlook, predictions and growth strategies.
SWAT is a leading provider of mission-critical security products and services, which include non-lethal protection devices, tactical training services, facility security engineering and integration, and mobile digital video solutions. SWAT’s products and services are designed for government agencies, military and law enforcement, in addition to transportation, commercial facilities and non-lethal personal protection segments. The company has numerous product introductions anticipated in the coming months.
“This is a great opportunity for SWAT to start to share our rapidly developing business plan with the investment community,” said Sutton, who will be presenting at a number of conferences in the coming weeks and months.
NYSSA is a not-for-profit educational organization with a mission to educate and inform investment decision-makers, promote ethical standards in the industry, and assist financial professionals in career development. NYSSA promotes awareness and understanding of securities analysis, investing, and the operation of the securities markets. For more information, visit www.nyssa.org.
SWAT:About the Business Units
Avurt distributes and produces non-lethal personal protection devices and compliance products currently in use by federal and state agencies. The new devices, when completed, will be laser-aimed and fire a projectile up to 60 feet away that breaks on impact dispersing a cloud of potent pepper-based powder causing a severe debilitating reaction in the target area, effective on most humans and animals.
Veritas Tactical creates innovative training systems and tools to increase the quality of training worldwide for law enforcement, militaries, both private and government, and civilians while decreasing their potential liability and saving lives. The company’s credo is “Progressive solutions for impossible situations.” Veritas Tactical’s product development team is bringing new training tools to market in 2007 to change the face of training. For more information, visit www.veritastactical.com.
Vizer specializes in product design, system design, engineering, installation, and integration of facility security systems including access control, video surveillance, intrusion detection, and wireless mesh network systems. With a focus on network-centric technology and hosted services, Vizer developed a proprietary, patent-pending “e-Link” solution which is built around a web-hosted software platform and a unique network-based device providing business customers complete control over access, alarms, and video systems remotely through a secure and easy-to-use website. This product is sold primarily on the basis of a monthly service fee thereby creating recurring revenue. While Vizer has numerous systems installed, it is working on completing final hardware and software design in preparation for a mass production product.
ShiftWatch® is a product line of mobile digital video surveillance solutions for public transportation and general security applications. ShiftWatch's full-motion, high-resolution video system utilizes patent-pending video streaming technology and GPS synchronization capabilities to provide agencies with data security and reliability. ShiftWatch's open, standards-based architecture facilitates interoperability, easing management of the information and communication complexities and leveraging customers’ investment in the future. The current TVS 300 product containing significant software and feature enhancements was released in the fourth quarter of 2006. Recent quality testing indicates that the latest version is experiencing hardware related supply challenges delaying several installations caused by a third party vendor. The Company will be releasing a new hardware version of its TVS product in March 2007. Based on current quality control testing of this prototype hardware, ShiftWatch believes it has resolved issues related to the TVS 300. The manufacturer is currently preparing to provide ShiftWatch with saleable quantities of product
About Security With Advanced Technology, Inc.
Security With Advanced Technology, Inc. is a leading provider of mission-critical, high-tech security products and services, which include non-lethal protection devices, tactical training services, surveillance and intrusion detection systems and mobile digital video surveillance solutions. SWAT’s products and services are designed for government agencies, military and law enforcement, in addition to transportation, commercial facilities and non-lethal personal protection segments. For additional information visit www.swat-systems.com or call the corporate headquarters at (800) 498-7965. Information on SWAT's website does not comprise a part of this press release.
Forward-Looking Statement
This press release includes "forward-looking statements" as defined by the Securities and Exchange Commission (the "SEC"). All statements, other than statements of historical fact, included in the press release that address activities, events or developments that the company believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made based on experience, expected future developments and other factors the company believes are appropriate under the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the company and may not materialize. Investors are cautioned that any such statements are not guarantees of future performance. Actual results or developments may differ materially from those projected in the forward-looking statements as a result of many factors, including the company's ability to integrate the recent acquisitions, implement the Avurt, Veritas Tactical, Vizer, and ShiftWatch business plans, increase sales of its products, and enhance, execute and protect its technological capabilities, the efficacy of the company's products and technologies, whether the company will be able to release its new products as planned in 2007, and whether the company will resolve its supply chain issue for its ShiftWatch product, among others. Furthermore, the company does not intend (and is not obligated) to update publicly any forward-looking statements, except as required by law. The contents of this release should be considered in conjunction with the warnings and cautionary statements contained in the company's recent filings with the SEC.
