IDenta Corp. IDTA) announced today that it has received its first order from the federal government through the U.S. Department of State. The transaction was negotiated by Michael Phipps, CEO of Millennium Security Solutions (MSS), headquartered in McLean, Virginia and represents a crucial milestone for IDenta's effort to penetrate the Federal marketplace. "Michael and his team did an outstanding job of staying on top of this opportunity," said IDenta CEO Yaacov Shoham. "Just because we have an excellent product does not mean the doors just open. Millennium knew the testing environment, the bid protocol and executed the agreement because I believe they also made the most persuasive presentation." The State Department order, it is believed, will be used to help the U.S. combat drug trafficking that originates in Central America. There are no firm estimates of the total U.S. government expenditures on drug detection products such as IDenta's, but is expected to exceed $50 million per year. IDenta has been steadily increasing its exposure to the Federal marketplace through a number of avenues including recently meeting with U.S. Drug Enforcement Agency, and presentations at both the Law Enforcement Caucus and the Methamphetamine Caucus on Capital Hill. About Millennium Security Millennium Security Solutions develops unique security solutions for all levels of government, corporations and educational institutions. MSS focuses on proven state of the art technology with expert integration in order to solve our customer's specific needs. For further information please visit http://www.millss.com . About IDenta IDenta Corporation is one of the world's leading providers of proprietary on-site drug detection kits for governmental, professional and civilian use. Information concerning IDenta's business plan and product line, including rapid test kits (substance only) for the detection of marijuana, hashish, ecstasy, cocaine, crack, heroin and methamphetamines may be found at http://www.IDenta.biz and http://www.drugsdetector.com IDenta and Millennium support "D.A.M.M.A.D.D.," Dads and Mad Moms Against Drug Dealers, (http://www.dammadd.org ) For Investor Relations, lobbying interests or information concerning IDenta's products internationally contact: Yaacov Shoham, IDenta Corp., CEO Tel: +972-52-6554487, +972-8-9716874 Fax: +972-8-9716875 fpi@drugsdetector.com
For Investor Relations in the United States contact: Randy Jacobs, SITCOM LLC IDentaNews@sitcomllc.com +1-800-316-9437 Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements" that are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future. SOURCE IDenta Corp.
Contact Information: For Investor Relations, lobbying interests or information concerning IDenta's products internationally contact: Yaacov Shoham, CEO of IDenta Corp., Tel: +972-52-6554487, +972-8-9716874, Fax: +972-8-9716875, fpi@drugsdetector.com; For Investor Relations in the United States contact: Randy Jacobs, of SITCOM LLC for IDenta Corp., IDentaNews@sitcomllc.com, 800-316-9437
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.