Last update: 7:01 a.m. EDT Oct 21, 2008 LOS ANGELES, CA, Oct 21, 2008 (MARKET WIRE via COMTEX) -- Universal Detection Technology ( www. udetection. com) (UNDT:universal detection technolo com new News, chart, profile, more Last: 0.030. 00-3 85%
3:58pm 10/23/2008
UNDT 0.03, 0.00, -3. 8%) (Frankfurt: PO8), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats and provider of counter-terrorism consulting and training services, responds to the effectiveness of anthrax emergency in the US until 2015
Bioterror experts warn that an attack is only going to become easier to launch as the work that has spawned countless new biotech medical treatments continues to advance. "Unfortunately, there's going to be a dark side," says Randall Larsen, Director of the Institute for Homeland Security, a Virginia-based think tank. The biotech revolution, he said, is making it "easier for non-state actors to develop sophisticated bioweapons " Yesterday at least five branches of Chase Bank in Colorado and Oklahoma received threatening letters, some containing an unidentified white powder. Fire Marshal Kevin Ferry of the Cunningham Fire Protection District near Denver said the powder in one package was found to be harmless, though the substance had yet to be identified. A police department spokesman in nearby Lakewood, Steve Davis, said a white substance found on a parcel there appeared not to be dangerous and resembled talcum powder
"The biggest bioterrorism threat facing the world is an attack with anthrax spores. Anthrax is the only agent used against the US and the most likely one to be used in potential future attacks due to the simplicity to produce. Casualties caused by and attack with 2 pounds of weapons grade anthrax can be in the hundreds of thousands. The Government is well aware of this threat and the anthrax emergency is an evidence of the need to be vigilant and ready to contain a potential threat before disaster," said Mr. Jacques Tizabi, UNDT's Chief Executive Officer
It is noteworthy that the anthrax emergency is not declared due to an immediate concern and an imminent attack but that authorities are aware that there could be an emergency in the future for which the nation has to be ready
UNDT's handheld assays are capable of detecting up to five bioterrorism agents in a suspicious sample. The company recently announced that it has received purchase orders for these assays from the DHS and the Federal Aviation Administration. UNDT's autonomous anthrax detection system, the BSM-2000, is designed by NASA's JPL to independently monitor the air and sound an alarm if abnormal levels of bacterial spores such as anthrax are sensed. The Government of England has purchased UNDT's BSM-2000 in the past
There have been no cases of human anthrax reported this year in the US, but the DHS imposes blanket anthrax emergency for the next seven years. The emergency was declared earlier this month by the department of Health and Human Services (HHS), and will last until 2015
For more information please visit our website at www. udetection. com or Email us at 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, in cooperation with NASA, 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.
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