SOURCE: IDO Security, Inc.
NEW YORK, NY--(Marketwire - Jul 19, 2012) - IDO Security, Inc. (OTCBB: IDOI), developer of the innovative MagShoe™ shoe scanning device (SSD), today announced that the Company has installed additional MagShoe systems in government offices throughout Israel. These MagShoe units have been installed to serve as a key element in the routine security checks for all visitors entering Israeli government campus buildings in Jerusalem, Be'er Sheva, Haifa, and Ramla.
This order of MagShoe units follows a successful installation of the MagShoe in 2007 at other Israeli government venues in Jerusalem, which are still in active use. Israeli security personnel ascribe great importance to the MagShoe as the most effective means to close the security gap created by the inability of traditional walkthrough metal detectors to scan the area below the knee.
Avishai Rotshtain, IDO Security's Marketing Manager commented, "This order is a vote of confidence by the Israeli security establishment in the MagShoe as a tool of choice to detect metallic objects in lower parts of the body. It is a confirmation of a long and ongoing relationship between Israeli security officials and IDO. The MagShoe's increased presence in Israel's airport and government facilities signify a strong foothold in the country and we hope to see continued success as we further build upon our relationship as we look to expand into other markets including loss prevention."
About IDO Security, Inc.
Headquartered in New York with a subsidiary in Israel, IDO Security designs, develops and markets the patented MagShoe™ shoe scanning device (SSD), filling a critical void in today's detectors by extending screening to the lower body and feet. MagShoe™'s "shoes-on" design maximizes security, thoroughness and accuracy while eliminating the need to remove shoes for increased convenience and safety; neither invasive nor harmful to the body as some of the other screening devices currently used in the marketplace. Ideal for security and loss prevention at virtually any facility, MagShoe™ is currently in use worldwide at international airports, cruise lines, government agencies, correctional facilities, mints and more.
For more information on the Company, please visit: http://www.idosecurityinc.com
This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections about our business and our industry, and that reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based upon our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed as a result of a number of factors, including but not limited to, anticipated trends and challenges in our business and the markets in which we operate, our expectations regarding our expenses and revenue, the ultimate market acceptance of our products, the sufficiency of existing capital resources, our plans for future products and enhancements of existing products, the ability to secure additional sources of financing, general economic conditions, the availability of competing products and changes in technology, legislative or regulatory changes that affect us and the risks and uncertainties discussed under the heading "RISK FACTORS" in Item 1A of IDO's Annual Report on Form 10-K for the year ended December 31, 2011, and in our other filings with the Securities and Exchange Commission at www.sec.gov. We undertake no obligation to revise or update any forward-looking statement for any reason.