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Two Triangle Research (TTR), the independent research arm of Two Triangle Consulting Group, LLC, has completed an independent analysis and research report on Alco Advanced Technologies, Inc. (OTC:PINK:ALCD) and believes that the Company is well-positioned to capitalize on the pressing need to secure ports worldwide.
Alco offers Container Security Scanning Turnkey Services and Electronic Security Systems for all ports of entry. Alco's offerings improve tasks related to government agencies, Fortune 500 companies and the gaming industry. Alco employs an outsourced model for sales, service and implementation of its security offerings. The Company is the only provider of container scanning services that adhere to the U.S. Secure Freight Initiative (SFI) that calls for 100% inspection of all containers by 2012.
According to Two Triangle Research analyst Rob Goldman, "With a broad security product portfolio, led by its unique Port Scanning Solution that is the only solution adhering to the SFI, and a global presence, Alco appears well-positioned to take advantage of the growing need to secure ports, airports, border crossings, and public venues." Considerations for the Two Triangle Research view include:
-- Securing maritime cargo remains both a priority and a security challenge.
-- Ports around the world must protect, and secure international assets and ensure illegal contraband or weapons are not smuggled into or out of a host country.
-- Most inspections are performed manually and sporadically, even though these methods are inaccurate, time-consuming, and expensive.
-- Annual U.S. port security costs have risen 700% to nearly $2.0 billion.
-- Alco's Port Scanning Solution not only guarantees 100% electronic inspection for containers entering a port, but it is done at no cost to the facility.
-- The Company is leveraging its partnerships and distributors in the all-important Latin American and Middle East markets with diverse deals in hand.
TTR believes that Alco should benefit from continued maritime container security adoption in the U.S. and abroad, spurred by regulation, technological advancements, and a need to secure cargo efficiently, cost-effectively, and without traffic disruption. Thus it rates these shares a Speculative Buy.
About Two Triangle Research: Two Triangle Research (TTR) is the independent research arm of Two Triangle Consulting Group, LLC, a business and financial advisory and consulting firm. TTR produces issuer-paid stock market research and corporate profiles, as well as due diligence and market research. This Company Report was prepared for informational purposes only and Two Triangle Research has been compensated by the Company or a related party. TTCG analysts are responsible only to the public, and are paid in advance to eliminate pecuniary interests, retain editorial control, and ensure independence. The Firm does not accept any equity compensation. Analysts are compensated on a per-company or per-report basis and not on the basis of his/her recommendations.
The information used and statements of fact made have been obtained from sources considered reliable but we neither guarantee nor represent the completeness or accuracy. Two Triangle did not make an independent investigation or inquiry as to the accuracy of any Company released information and such information and the opinions expressed are subject to change without notice. A Two Triangle Research report, snapshot update, or note is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed. Please read the report's full disclosures and analyst background before investing. For information regarding report distribution or to engage Two Triangle Research, mailto:info@twotriangle.com
About Alco Advanced Technologies, Inc.: Alco Advanced Technologies, Inc. (OTC:PINK:ALCD) (www.alco-advanced.com) designs and commercializes Electronic Security Systems and Container Security Scanning Turnkey Services for all ports of entry. Alco's mission is for the preservation and improvement of tasks related to the efficiency of Port Security and to provide state-of-the-art electronic security technologies to Government Agencies, Fortune 500 companies and the gaming industry.
SOURCE: Alco Advanced Technologies, Inc.
Alco Advanced Technologies, Inc.
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