Find Articles in:
All
Business
Reference
Technology
News
Lifestyle

Business Services Industry

Sense Holdings Enters Strategic Alliance with Kroll for Representation to Military and Homeland Security Departments; Government Experts to Represent Sense's Breakthrough Explosive and Threat Detection Technologies

Business Wire, Sept 12, 2006

FORT LAUDERDALE, Fla. -- Sense Holdings, Inc. (OTCBB:SEHO) (FWB:OUP), a developer of next-generation biometric and explosive detection security technologies for government and commercial security markets, announced a consulting partnership Kroll, Moss, & Kroll, LLP for representation to congressional, military and other government agencies.

The partnership was forged to promote Sense's portfolio of sophisticated, handheld explosive detection and biometric security technologies. The Kroll group, based in Garden City, N.Y., also plans to work with port authorities, police departments and other security agencies, as well as commercial organizations such as multinational chemical and shipping companies.

"We believe Sense's state-of-the-art technology platform and product initiatives can provide important help in protecting our homeland," said Martin Kroll, Managing Director at Kroll, Moss & Kroll. "In our partnership with Sense Holdings, our goal is to get these security products to market as soon as practical."

"Sense is aligning itself with key government consultants and insiders, and Mr. Kroll is among the most influential," said Dore Perler, Chief Executive Officer of Sense Holdings, Inc. "We sealed this partnership as our MEMS-chips explosive detection technology recently reached the next stage of development. Our goal is to reach the market and start generating more awareness in the near future."

Sense has a history of cooperation with the U.S. Government, including its current affiliation with Oak Ridge National Laboratory, a division of the U.S. Department of Energy, to develop and optimize a complete line of advanced handheld detectors for explosives and other dangerous threats applying the Company's proprietary Micro Electro-Mechanical Systems (MEMS) technology.

Sense is the sole commercialization partner with exclusive rights for the manufacture, sale and distribution of MEMS-based handheld devices. The technology to date has been funded by several government agencies, such as the Department of Energy (DOE); Alcohol, Tobacco, and Firearms (ATF); Federal Aviation Administration (FAA); Transportation Security Administration (TSA); and others.

Recently, the U.S. Army purchased Sense's biometric ISO-TRACK security solution. The order was comprised of seven complete systems for identifying military personnel and additional security measures. Sense has combined its DTU-1000, a biometric fingerprint reader, its proprietary recognition pad, USB digital camera, and the custom ISO-TRACK software.

About Sense Holdings, Inc.

Sense Holdings is a developer of next-generation biometric identification systems and nanotechnology-based micro-sensor technologies for government, military and commercial security marketplaces. The Company's wholly owned subsidiary, SENSE Technologies, deploys proprietary biometric technology based on advanced fingerprint technology and biometric integration to create a range of solutions for prisoner identification, time and attendance, access control applications and other markets. Sense's major customers include the U.S. Army, the U.S. Department of Corrections, American Airlines and others. A second wholly owned subsidiary, MSTI, is an emerging nanotechnology-based explosives detection technology development division developing a pipeline of advanced bomb detection technologies, including a prototype handheld explosive detection wand device for homeland security applications in airports and other security checkpoints. This handheld detection alternative is designed to be a cost-effective solution with extremely high detection sensitivity and real-time operability. Currently, a proof-of-principle prototype is undergoing further research and development at the U.S. Oak Ridge National Laboratory. For investor-specific information about Sense Holdings, including recent share price data and news announcements, please visit http://www.trilogy-capital.com/tcp/sense. To view or download an Investor Fact Sheet about the Company, please visit http://www.trilogy-capital.com/tcp/sense/factsheet.html. Sense is also listed on the Frankfurt Stock Exchange under the ticker symbol OUP. For other information, please visit http://www.senseme.com.

Cautionary Statement

This presentation includes statements that may constitute "forward- looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products and services in the marketplace, the ability of the Company to develop effective new products and receive governmental approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's filings with the U.S. Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

COPYRIGHT 2006 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

BNET TalkbackShare your ideas and expertise on this topic

The following tags are supported in BNET comments:
<b></b> <i></i> <u></u> <pre></pre>

Leave a Reply

  1. You are currently a guest | Login?
advertisement
Go
advertisement
  • Click Here
  • Click Here
advertisement

Content provided in partnership with http://findarticles.com/source//