stock & financial message boards
  Joined Today: 0

  Login  |  Registration |  Site Map  |  Stock Market Blogs reaching thousands of users every day  |  Recent Activity  |    |

« Previous | Next » | All Messages |  GDTI Message Board Home | recommend post |  Ignore Poster

Message #38
From: Jason
Date: November 3, 2007 11:49:35 AM

Guardian Announces Landmark Agreement with Industry Leader ITDS to Distribute and Integrate PinPoint into Airport and Government X-Ray Security Systems

Agreement Significantly Accelerates Commercialization of PinPoint Products in Europe and Latin America

Key ITDS Agreement Highlights:

  • Guardian takes a vital step forward towards near-term distribution of PinPoint in Spain and Portugal
  • Guardian to capitalize on ITDS’s extensive international distribution network, including with the Prosegur Group
  • PinPoint receives further validation from respected European industry leader

Guardian Technologies International, Inc. (OTCBB:GDTI), innovators of groundbreaking threat detection technology with critical and immediate applications for the homeland security and healthcare markets, today announced a milestone agreement with International Threat Detection Systems (ITDS), an industry-leading distributor and integrator of a comprehensive line of x-ray security and metal detection solutions.

ITDS also recently entered a key reseller and systems integration agreement with Madrid-based Prosegur Group, one of the largest and most respected multinational security companies with more than 75,000 employees worldwide. ITDS’s agreement with Prosegur will significantly reduce the time and effort normally required to access proper government authorities for the distribution of Guardian’s PinPoint product line. Prosegur has established relationships and offices in Spain, Portugal, France, Italy, and Romania in Europe; and Mexico, Colombia, Peru, Brazil, Argentina, Paraguay, Uruguay and Chile in Latin America.

For every five security employees in Spanish airports, Prosegur employs three, while in Portugal every employee inspecting carryon luggage is a Prosegur employee.

“The ITDS agreement is a truly landmark event for Guardian as we continue to move forward on all previously announced initiatives to commercialize our PinPoint product,” said Bill Donovan, President and Chief Operating Officer of Guardian Technologies International. “Through the efforts of ITDS and Prosegur, PinPoint has been positioned for near-term deployment at airports in Spain and Portugal, leading to future government facilities deployment. The strength of their client relationships will allow Guardian to continue focusing on our strategic objectives.”

The agreement also further validates PinPoint’s unique capacity to complement and enhance current-generation baggage x-ray scanners with the ability to automatically and effectively detect, locate, and identify explosives and other types of threats that are not discernible with the human eye. PinPoint provides immediate safety and economic benefits by reducing the potential for human errors, reducing passenger wait times, improving image analysis speed, and by eliminating the majority of ‘false alarms.’ No other existing deployed technology can do this.

“ITDS has been blessed by its ability to deliver what in my opinion is, a revolutionary threat detection software technology and to have the distribution channel of an internationally recognized security consulting firm, Prosegur,” said Angel Lorie, President and Chief Operating Officer of ITDS. “There are 77 total airports in Spain and Portugal, 34 of which are international airports, and the immediacy of PinPoint revenue in those airports is significantly enhanced by the strength and uniqueness of the product and the direct governmental relationships that Prosegur provides. I see Spain and Portugal as the pushing off point for future sales in the European Union, as well as PinPoint rollout throughout Latin America.”

Guardian’s PinPoint platform and product suite is protected by a robust patent portfolio. The Company is developing new technologies and plans to acquire complementary technologies to accelerate their high-growth business model.

An informative investor video detailing Guardian’s PinPoint technology is available at http://www.trilogy-capital.com/tcp/guardian.

About Guardian Technologies International

The impact of Guardian’s industry-first computer aided detection technologies are immediate and profound for helping to eliminate human error in both the Homeland Security and the Medical Industry sectors. The Company’s software solutions can be seamlessly installed to complement existing imaging devices, such as baggage scanners and medical MRI, to scan the contents of any image and immediately identify items of interest not easily discernable by the human eye.

  • Airport Security: Guardian’s technology complements and enhances current-generation baggage x-ray scanners with the ability to automatically and effectively detect, locate, and identify explosives and other types of threats.
  • Disease Identification: Existing medical imaging devices used in Computer Aided Detection (CAD) are further improved with Guardian’s auto-diagnostic ability to detect anomalous tissue (e.g., tumors) and other potential disease states or conditions.
  • Technology-Independence: Because Guardian’s technologies utilize and process the actual image output generated by the original imaging systems, virtually any existing or future imaging device can be upgraded with Guardian’s products, delivering an instant, multi-billion dollar potential customer base with no competition.

Guardian’s technology and product development partnerships include a Cooperative Research and Development Agreement (CRDA) with the U.S. Department of Homeland Security- Science and Technology Directorate. The Company’s platform and product suite is protected by a robust patent portfolio. They are also ramping up new technologies and plan to acquire complementary technologies to accelerate the Company’s high-growth business model.

For investor-specific information and resources, visit http://www.trilogy-capital.com/tcp/guardian.

To view current stock quotes and news, visit http://www.trilogy-capital.com/tcp/guardian/quote.html.

To view an investor fact sheet about the company, visit http://www.trilogy-capital.com/tcp/guardian/factsheet.html.

Forward Looking Statements

This news release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements in this document and those made from time to time by Guardian through its senior management are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect the Company's current views with respect to the future events or financial performance discussed in this release, based on management's beliefs and assumptions and information currently available. When used, the words "believe", "anticipate", "estimate", "project", "should", "expect", "plan", "assume" and similar expressions that do not relate solely to historical matters identify forward-looking statements. Forward-looking statements concerning future plans or results are necessarily only estimates and actual results could differ materially from expectations. Certain factors that could cause or contribute to such differences include, among other things, in particular, the size and timing of contract awards, performance on contracts, performance of acquired companies, availability and cost of key components, unanticipated results from audits of the financial results of the Company and acquired companies, changing interpretations of generally accepted accounting principles, outcomes of government reviews, developments with respect to litigation to which we are a party, potential fluctuations in quarterly results, dependence on large contracts and a limited number of customers, lengthy sales and implementation cycles, market acceptance of new or enhanced products and services, proprietary technology and changing competitive conditions, system performance, management of growth, dependence on key personnel, ability to obtain project financing, general economic and political conditions and other factors affecting spending by customers, the unpredictable nature of working with government agencies and other risks, uncertainties and factors including those described from time to time in Guardian's filings with the Securities and Exchange Commission, including without limitation, Guardian's Form 10-K for the year ended December 31, 2006, and its quarterly reports on Form 10-Q. Guardian expressly disclaims any obligation to update any forward-looking statements.

Guardian Technologies International, Inc.
Michael W. Trudnak, 703-464-5495
info@guardiantechintl.com
or
Investor Relations
Trilogy Capital Partners
Ryon Harms, 800-592-6067
info@trilogy-capital.com

« Previous | Next » | All Messages |  GDTI Message Board Home | Ignore Poster