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Guardian Technologies International, Inc. (OTCBB:GDTI), innovators
of groundbreaking threat detection technology with critical and
immediate applications for the homeland security and healthcare
markets, has announced the successful completion of an extensive
laboratory study by an accredited Russian laboratory. The study
represents a milestone event as the Company gears up to commercialize
its PinPoint(TM) threat detection product at airport security
checkpoints and other key government facilities. The accredited
Russian laboratory can now provide a full report to the Russia
Federation representing the final step in the certification process.
The successful study paves the way for the Company to begin
generating revenues in major Russian markets from its advanced threat
detection technology, with major European and U.S. markets expected to
follow.
"We are very pleased to announce that we have taken a milestone
step towards commercializing our PinPoint technology in Russia," said
Michael Trudnak, Chief Executive Officer of Guardian Technologies
International. "We believe that the successful implementation of
PinPoint in Russia will serve as a model for deployment in other
potentially lucrative markets around the world."
Guardian Technologies, through its Russian agents and partners,
has accelerated business development activities to market the
advantages of PinPoint throughout Russia and is receiving great
acceptance for multiple market applications. Not only will PinPoint be
used for aviation security but also for facility security
applications. Upon certification by the Russia Federation, PinPoint
will be immediately available for commercial deployment throughout
Russia.
The Russian marketplace represents an immediately addressable
opportunity in excess of a $50 million, the second largest market for
Guardian and will be the first market in the world to deploy the
threat detection capabilities of PinPoint. Many of the 74 Russian
airports are undergoing modernization and expansion activities to
handle the increased domestic and international passenger traffic
which ranges from a 10% to 20% increase per annum.
Using Guardian Technologies' proprietary "intelligent imaging
informatics" (3iTM) process, PinPoint analyzes scanned images to
identify threat items that may be invisible to the human eye. The
software is accurate in detecting specific substances, which can
enhance the effectiveness of existing scanning machines at airports,
public buildings and other areas where security screening occurs.
Guardian's platform and product suite is protected by a robust
patent portfolio. The Company is developing new technologies and plans
to acquire complimentary technologies to accelerate their high-growth
business model.
About Guardian Technologies International
The impact of Guardian's industry-first computer aided detection
technologies are immediate and profound for helping to eliminate human
error in both the Homeland Security and the Medical Industry sectors.
The Company's software solutions can be seamlessly installed to
compliment existing imaging devices, such as baggage scanners and
medical MRI, to scan the contents of any image and immediately
identify items of interest not easily discernable by the human eye.
-- Airport Security: Guardian's technology compliments and
enhances current-generation baggage x-ray scanners with the
ability to automatically and effectively detect, locate, and
identify explosives and other types of threats.
-- Disease Identification: Existing medical imaging devices used
in Computer Aided Detection (CAD) are further improved with
Guardian's auto-diagnostic ability to detect anomalous tissue
(e.g., tumors) and other potential disease states or
conditions.
-- Technology-Independence: Because Guardian's technologies
utilize and process the actual image output generated by the
original imaging systems, virtually any existing or future
imaging device can be upgraded with Guardian's products,
delivering an instant, multi-billion dollar potential customer
base with no competition.
Guardian's technology and product development partnerships include
a Cooperative Research and Development Agreement (CRDA) with the U.S.
Department of Homeland Security- Science and Technology Directorate.
The Company's platform and product suite is protected by a robust
patent portfolio. They are also ramping up new technologies and plan
to acquire complimentary technologies to accelerate the Company's
high-growth business model.
For investor-specific information and resources, visit
http://www.trilogy-capital.com/tcp/guardian.
To view current stock quotes and news, visit
http://www.trilogy-capital.com/tcp/guardian/quote.html.
To view an investor fact sheet about the company, visit
http://www.trilogy-capital.com/tcp/guardian/factsheet.html.
Forward Looking Statements
This news release contains forward-looking statements that involve
risks and uncertainties. Forward-looking statements in this document
and those made from time to time by Guardian through its senior
management are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements reflect the Company's current views with
respect to the future events or financial performance discussed in
this release, based on management's beliefs and assumptions and
information currently available. When used, the words "believe",
"anticipate", "estimate", "project", "should", "expect", "plan",
"assume" and similar expressions that do not relate solely to
historical matters identify forward-looking statements.
Forward-looking statements concerning future plans or results are
necessarily only estimates and actual results could differ materially
from expectations. Certain factors that could cause or contribute to
such differences include, among other things, in particular, the size
and timing of contract awards, performance on contracts, performance
of acquired companies, availability and cost of key components,
unanticipated results from audits of the financial results of the
Company and acquired companies, changing interpretations of generally
accepted accounting principles, outcomes of government reviews,
developments with respect to litigation to which we are a party,
potential fluctuations in quarterly results, dependence on large
contracts and a limited number of customers, lengthy sales and
implementation cycles, market acceptance of new or enhanced products
and services, proprietary technology and changing competitive
conditions, system performance, management of growth, dependence on
key personnel, ability to obtain project financing, general economic
and political conditions and other factors affecting spending by
customers, the unpredictable nature of working with government
agencies and other risks, uncertainties and factors including those
described from time to time in Guardian's filings with the Securities
and Exchange Commission, including without limitation, Guardian's Form
10-K for the year ended December 31, 2006, and its quarterly reports
on Form 10-Q. Guardian expressly disclaims any obligation to update
any forward-looking statements.
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