Tuesday, November 27, 2007 9:57:49 AM
Nov 27, 2007 8:02:00 AM
TORONTO, ONTARIO--(Marketwire - Nov. 27, 2007) - Security Devices International, Inc. (OTCBB:SDEV) - a defense technology company specializing in the creation of less than lethal ammunition solutions - announced today that it is extending activities around its two lines of Lektrox ammunition that have the company moving several stages closer to production.
Following the recent successful completion of the first round of live testing and prior to second live testing to be undertaken next month (mid December) the company has submitted additional patents to enlarge the IP of the company. These cover aspects of both Lektrox lines - the innovative electric incapacitation capability of the 'Electric Bullet' and the unique and highly attractive Blunt Impact Bullet.
At the same time SDI has begun the search for suitable manufacturing facilities for the first production lines of Lektrox ammunition. These will supply thousands of units for testing by already interested military and law enforcement agencies.
To make sure that production will go smoothly, the company has secured the highly experienced services of Rami Bellash as VP Operations to head up the manufacturing facilities. Bellash, currently head of an independent consultancy firm, was formerly VP Operations at SuperCom (now Vullance) and other companies.
In addition SDI has entered negotiations with several major suppliers for key elements of the Lektrox, such as its ammunition charge which will be manufactured by one of the world's most experienced ammunition suppliers.
More about SDI
SDI specializes in the field of less than lethal technologies for defense industries. The company's R&D is being conducted in Israel by a highly experienced team headed by Ilan Shalev and Haim Danon. Shalev and Danon previously held positions at Israeli Military Industries (IMI) and Israeli Aircraft Industries (IAI) leading development projects for the Negev machine gun - deployed by the Israel Defense Forces (IDF) - and the legendary Desert Eagle pistol, as well as other advanced weapon systems.
Security Devices has not authorized the release of this press release in any form that contravenes any law or regulation and will not be responsible for the unsolicited distribution of this material by e-mail or facsimile by unauthorized parties. Statements in this press release, which are not historical facts, are "forward looking statements" within the meaning given to that term in the Private Securities Litigation Reform Act of 1995.
Security Devices intends that such forward -looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, actual results could differ materially from expected results.
FOR FURTHER INFORMATION PLEASE CONTACT:
Security Devices International, Inc.
Sheldon Kales
Toll Free: 1-877-LEKTROX 535-8769
Email: info@lektrox.com
Website: www.lektrox.com
Source: Security Devices International, Inc.
----------------------------------------------
Security Devices International
Inc.
Sheldon Kales
Toll Free: 1-877-LEKTROX 535-8769
Email: info@lektrox.com
Website: www.lektrox.com
Recent BYRN News
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 05/10/2024 12:00:35 AM
- Byrna Technologies Promotes John Brasseur to Chief Operating Officer and Raises Production Target to 18,000 Launchers per Month • GlobeNewswire Inc. • 04/25/2024 12:00:00 PM
- Byrna Technologies Reports Fiscal First Quarter 2024 Results • PR Newswire (US) • 04/05/2024 12:00:00 PM
- U.S. Index Futures Indicate Moderate Recovery Ahead of March Employment Report Release, Oil Edges Up • IH Market News • 04/05/2024 11:32:17 AM
- Byrna Technologies to Report Fiscal First Quarter 2024 Financial Results on Friday, April 5, 2024 at 9:00 a.m. ET • PR Newswire (US) • 03/22/2024 01:00:00 PM
- Byrna Technologies Expands Presence in Argentina, Landing 10,000 Launcher Order • PR Newswire (US) • 03/11/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 01:39:16 PM
- Byrna Technologies Announces Preliminary Fiscal First Quarter 2024 Revenues of $16.7 Million • PR Newswire (US) • 03/07/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/26/2024 11:12:25 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/24/2024 01:01:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 01:00:53 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/21/2024 11:27:31 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/21/2024 01:17:40 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/20/2024 11:11:12 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/20/2024 11:10:29 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/17/2024 01:49:03 AM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/14/2024 09:14:11 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 08:23:04 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/14/2024 01:00:13 PM
- Byrna Technologies Reports Fiscal Fourth Quarter and Full Year 2023 Results • PR Newswire (US) • 02/14/2024 01:00:00 PM
- Byrna Technologies Announces Plans to Scale Manufacturing Capabilities to Satisfy Surging Customer Demand • PR Newswire (US) • 02/08/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/31/2024 01:05:24 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/31/2024 01:04:28 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/31/2024 01:03:23 AM
- Byrna Technologies to Report Fiscal Fourth Quarter and Full Year 2023 Financial Results on Wednesday, February 14, 2024 at 9:00 a.m. ET • PR Newswire (US) • 01/30/2024 01:00:00 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM