NEW YORK, June 17, 2013 /PRNewswire/ --
Suspect Detection Systems Inc., (OTCBB: SDSS), a developer of
counter terror and crime prevention technology, announced today
that the Company has expanded its presence in India by signing a contract with one of
India's large commercial
conglomerates, providing further evidence of Suspect Detection
Systems' growing presence in India.
As previously reported, the Company's Cogito automated
anti-terror and anti-crime technology is being utilized by law
enforcement agencies throughout India as a significant tool for both solving
and preventing criminal activity and acts of terror.
The sophisticated methodology behind the Company's Cogito system
and the dynamic implementation of the Cogito technology are
presently being taught in India's
leading forensics university and has resulted in enhanced exposure
of Cogito, which has now translated into a contract in India's commercial sector. The contract
has yielded immediate revenues that will be
realized during Q2 2013.
Gil Boosidan, Suspect Detection Systems' CEO, stated that
"Cogito is now being used in India's governmental, academic and private
sectors. We are extremely pleased that our extensive efforts have
enabled us to penetrate all sectors of India's rapidly growing markets which we
believe will translate to significant commercial success during the
remainder of 2013 and thereafter. We are hopeful that the signing
of the present contract should lead to additional contracts in the
private sector, among others in India, in the near future."
About Suspect Detection Systems
Suspect Detection Systems Inc., through its subsidiary Suspect
Detection Systems Ltd., is a developer of proprietary counter
terrorism 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 high
degree of accuracy. The system can also be used after a crime is
committed to quickly identify criminals from among a general
population pool, including suspects.
Learn more about Suspect Detection Systems and Cogito Technology
at http://www.sdss-corp.com.
Forward-Looking Statements
This release 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:
Investor Relations
alext@sdss-corp.com
+1(646)863-9729
SOURCE Suspect Detection Systems Inc.
