SOURCE: IDO Security, Inc.
NEW YORK, NY--(Marketwire - Sep 7, 2012) - IDO Security Inc. (OTCBB: IDOI), developer of the innovative MagShoe™ shoe scanning device (SSD), today announced that it will be demonstrating the MagShoe at the upcoming ASIS International 58th Annual Seminar and Exhibit for Security Professionals in Philadelphia, Pennsylvania September 10-13.
ASIS International is the preeminent organization for security management professionals worldwide, and this exhibition is recognized as the world's largest show dedicated to security. ASIS 2012 will bring together more than 20,000 security professionals from 90 countries.
The Company will be demonstrating the MagShoe at the ASIS exhibition (Booth #167) along with its recently added new UK distributor, Shergroup Ltd. Shergroup is led by Chief Executive Claire Sandbrook, named one of the Top 100 Credit Industry Personalities in 2008, 2009, and 2010. Shergroup has more than 100 staff in its offices located in the US, UK and India which work as a global team to deliver solutions in various ways to the diverse client base of the group.
David Fullerton, Shergroup's Director of International Security and Head of Security USA, commented, "We are impressed with the technical performance of the MagShoe which answers a very pronounced need in the global security market place."
Attar Rozenrot, IDO Security's North American Sales Manager, commented, "Since 9/11, many countries have heightened their security measures by adding improvements to their existing screening procedures. We believe the US Homeland Security market is ripe for the MagShoe. Following successful pilot tests in the US, we are continuing to ramp up our marketing efforts by conducting an aggressive marketing campaign through pilot programs, participation in exhibitions such as ASIS 2012, and by enlisting proven distributors like Shergroup to deepen our global sales penetration."
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, 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, 2010, 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.