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Guardian Announces Release of Letter to Shareholders to Spotlight Recent Strategic Achievements
Wednesday November 14, 6:30 am ET
President Highlights Distribution and Development Partnerships with Industry Leaders AutoClear, ITDS, India-Based Hi-Tec, Rogan Delft and the Aurum Institute

HERNDON, Va.--(BUSINESS WIRE)--Guardian Technologies International, Inc. (OTCBB:GDTI), innovators of groundbreaking threat detection technology with critical and immediate applications for the homeland security and healthcare markets, today announced that President and Chief Operating Officer Bill Donovan has released an official Letter to Shareholders to update investors on the Company’s major news announcements in recent weeks.


“An essential component of my job as President is to ensure that our current and potential shareholders have a comprehensive understanding and a clear perspective of our various achievements and activities,” said Mr. Donovan. “I invite all interested parties to read this letter to gain a better understanding of Guardian’s recent milestones and our vision for the future.”

Begin Letter

Fellow Investor,

You are a valued shareholder during one of the most exciting periods of growth in Guardian’s history. One of the strategies employed by Guardian is to keep our direct costs at a minimum by utilizing well positioned distribution channels to access market opportunities for our technology products. Within the last two weeks, we announced four key new partnership agreements with some of the world’s foremost leaders in both the homeland security and healthcare industries. Each of these distribution partnerships represents a milestone achievement for Guardian as we move towards commercializing our innovative, next-generation imaging technology.

This month, we announced two major distribution agreements with International Threat Detection Systems (ITDS) and Hi-Tec Aviation Safety & Security Systems (Hi-Tec) that extend Guardian’s international distribution footprint in Europe, India and Latin America. These powerful distribution partners provide access to high-ranking aviation security and government officials in each of these multibillion-dollar markets.

As you may know, Guardian continues to make significant progress in Spain. In fact, we recently completed a live explosive data collection initiative hosted by TEDAX, the elite government agency charged with safeguarding people and property against terrorist activity in Spain. In anticipation of Spanish government final approval for PinPoint™, we intend to leverage our partnership with ITDS to open near-term revenue opportunities in Spain and Portugal. Furthermore, ITDS recently entered a key reseller and systems integration agreement with Madrid-based Prosegur Group. Prosegur is one of the world’s most trusted security companies, employing three out of every five security employees in Spain’s airports and 100% of the employees in Portugal’s airports.

While Europe represents one of the world’s largest markets for our products, Guardian is also looking towards India as a vital and potentially lucrative region. Our exclusive distribution agreement with Hi-Tec is a vital step forward in that direction as we move to capitalize on the projected $20 billion budget to update India’s largest airports, including Mumbai, New Delhi, Bangalore, Kolkata and Chennai.

Our distribution agreements with IDTS and Hi-Tec will be integral to the relationship of another major partner announced last week--AutoClear. AutoClear not only offers a formidable distribution network reaching nearly every region around the world, but they will be the first to integrate our innovative image analysis technologies into their comprehensive line of security x-ray scanners. Our relationship with AutoClear enables us to meet the increasing demand for a fully integrated hardware and software solution that distributors like Terralink, ITDS and Hi-Tec have been asking for.

Additionally, our healthcare division signed a landmark joint development agreement with the Aurum Institute, the leading international research institute committed to the detection and treatment of HIV, malaria and TB. Together, we will develop a fully automated imaging analysis system for the early identification of tuberculosis and malaria. That agreement led to the signing of a strategic relationship with Rogan Delft to fully integrate the technology developed between Guardian and Aurum into the Delft Odelca-DR™ digital x-ray system (more than 30,000 have already been deployed). Combining these strategic relationships position Guardian on the forefront of disease detection for developing countries around the world.

Guardian is also making significant progress here in the U.S., where we recently signed a landmark extension of our Cooperative Research and Development Agreement (CRDA) with the Federal Transportation Security Laboratory (TSL). TSL is a branch of the U.S. Department of Homeland Security and is located within the Federal Aviation Administration’s (FAA) William J. Hughes Technical Center. We are very excited about this extension as it provides further validation of PinPoint’s progress towards crucial TSA approval.

We are more committed than ever to the commercialization of our products and continue to receive almost daily validation about just how far-reaching our revenue and earnings opportunities are in both the healthcare industry and the homeland security sector. Everybody at Guardian is enthusiastic about the future of our company and fully understands that there is still much work to be done.

I would like to take this opportunity to thank all of our current shareholders for their ongoing support. Delivering shareholder value remains paramount to our mission.

Thank you for your time and continued interest.

Sincerely,

Bill Donovan

President and Chief Operating Officer

Guardian Technologies International

End Letter


Contact:

Guardian Technologies International, Inc.
Michael W. Trudnak, 703-464-5495
[e-mail]
or
Investor Relations
Trilogy Capital Partners
Ryon Harms, 800-592-6067
[e-mail]

Source: Guardian Technologies International, Inc.