Universal Detection Technology Expands Into China by Supplying Bioterrorism Detection Equipment Through an Exclusive Distributio
February 17 2011 - 7:00AM
Marketwired
Universal Detection Technology (www.udetection.com) (OTCBB: UNDT),
a provider of a provider of early detection technologies for the
homeland security market, reported today that it has entered into a
distribution agreement with Ensoul Technology. Ensoul will act as
UNDT's exclusive agent and distributor of the Company's biological
and chemical weapons detection equipment in China. Universal
Detection Technology's biological weapons detection equipment is
used extensively by first responders and private industry
throughout the country. The equipment, including UNDT's 5 agent
biodetection kits, certified by the US Department of Homeland
Security, has been evaluated by the US DOD as well as the United
Kingdom military. UNDT's radiation detection equipment was utilized
for the protection of sports venues at the 2009 Olympics in
Beijing.
Ensoul Technology (www.ensoultech.com) is a leading
international supplier of security solutions based in Beijing. The
company is managed by a team of professionals with vast product
knowledge and extensive service experience in relevant fields.
"While the US homeland security market continues to be solid and
strong, we recognize that China and Asia Pacific are vast markets
for our bio-detection and homeland security products. China is one
of the few countries with a dedicated department of homeland
security and according to a recent market research report published
by ChinaCCM, the Chinese homeland security market reached $75.3
billion in 2010 and is expected to grow in the coming years," said
Jacques Tizabi, UNDT's CEO. "Our distribution agreement with Ensoul
Technology is part of our plan to continue to expand our presence
internationally, especially to countries that are highly
susceptible to terrorist acts," he added.
The Homeland Security Research Corporation (HSRC) forecasts
that, led by the US, China, Germany, France, Japan and India, the
annual global bio-detection market shall grow to $5.6 billion by
2016 at a CAGR of 12%. A recent market report (published by
Visiongain) predicts that the homeland security market for
countries such as the US, China, India, and Saudi Arabia are "set
to experience strong growth in the coming decades as they grapple
with a variety of internal and external threats to stability."
For more information, please visit www.udetection.com or email
info@udetection.com.
About Universal Detection Technology
Universal Detection Technology is a developer of monitoring
technologies, including bioterrorism detection devices. The Company
on its own and with development partners is positioned to
capitalize on opportunities related to Homeland Security. For
example, the Company has developed a bacterial spore detector that
detects certain biohazard substances. The Company is also a
reseller of handheld assays used for detection of five bioterrorism
agents, radiation detection systems, and antimicrobial products.
For more information, please visit www.udetection.com.
Forward-Looking Statements
Except for historical information contained herein, the
statements in this news release are forward-looking statements that
involve known and unknown risks and uncertainties, which may cause
the Company's actual results, performance and achievement in the
future to differ materially from forecasted results, performance,
and achievement. The Company undertakes no obligation to publicly
release the result of any revisions to these forward-looking
statements that may be made to reflect events or circumstances
after the date hereof, or to reflect the occurrence of
unanticipated events or changes in the Company's plans or
expectations.
Universal Detection Technology www.udetection.com Phone: +1
(310) 248-3655 Email Contact