SOURCE: IDO Security, Inc.
NEW YORK, NY--(Marketwire - Sep 11, 2012) - IDO Security Inc. (OTCBB: IDOI), developer of the innovative MagShoe™ shoe scanning device (SSD), today announced that the MagShoe 3G will be demonstrated this week at the General Police Equipment Exhibition & Conference (GPEC) in Leipzig, Germany from September 11-13, 2012.
GPEC is Europe's leading closed specialized trade fair exclusively for members of authorities, executives, technicians and procurement officers. The focus is on police equipment and special technologies. The target groups are police, border guards, customs and financial bodies, prison and justice services, government services and agencies and other military and paramilitary forces.
The MagShoe 3G will be presented at Booth #G67 through its Austrian distributor EAS Envimet, one of Europe's leading suppliers and providers of state-of-the-art technical solutions in the field of security technologies.
Yaniv Beran, IDO Security's General Manager, commented, "As we are reminded on the anniversary of 9/11 of the devastating tragedy the world experienced in the U.S., and the ongoing struggle to maintain security without compromising our freedom of movement, the GPEC represents a prime opportunity to demonstrate the MagShoe in front of key Homeland Security decision makers in many European capitals who have the responsibility for maintaining security and smooth, safe operations for their security personnel. We are pleased that our Austrian partner can bring the MagShoe into such prestigious exhibitions."
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, 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.