EST Receives 2 Orders for zNose(R) from Universities
NEWBURY PARK, Calif., Feb 25, 2008 (BUSINESS WIRE) -- Electronic Sensor Technology (EST) (OTCBB: ESNR), a leading provider of innovative homeland security and environmental solutions, announced that it has received orders from two different universities for use in plant biology research projects.
The one university will use the zNose(R) in the Peruvian Rain Forest to better understand the chemical and biochemical processes in the rhizosphere, which is the area surrounding plant roots and includes other plants, microbes, invertebrates and the soil. The mission of the department is to study the rhizosphere in order to develop new antibiotics, anticancer drugs, and bio-friendly pesticides.
The second university's program will use the zNose(R) to measure chemicals produced by plants in order to monitor their health. When plants are under stress from disease or pest infestations, they generate a chemical response. The zNose is able to measure this chemical response and facilitate detection of plant stress before it becomes visible to the eye. This will allow timely remediation efforts to take place in order to minimize crop damage.
"These orders demonstrate the versatility and utility of the zNose(R)," stated Frank Zuhde, Director of Marketing and Sales. "The zNose(R) was selected by these distinguished research organizations for its sensitivity, speed and portability."
About Electronic Sensor Technology:
Electronic Sensor Technology develops, manufactures, sells, and supports a product line of patented chemical vapor analyzers. The ultra high-speed gas chromatography coupled with a solid state detector enables analysis of nearly any odor, fragrance, or chemical vapor within ten seconds. We believe that the Company's product line is strategically positioned to address key needs of the homeland security market, environmental and quality assurance applications, and product quality of food and beverage.
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Certain statements in this release, including those relating to revenue expectations; the company's plans regarding business and product development; product sales and distribution; the sufficiency of the company's resources to satisfy operation cash requirements; and future capital investment by prospective investors are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may contain the words "believe," "anticipate," "expect," "predict," "hopeful," "estimate," "project," "will be," "will continue," "will likely result," or other similar words and phrases. Risks and uncertainties exist that may cause results to differ materially from those set forth in these forward-looking statements. Factors that could cause the anticipated results to differ from those described in the forward-looking statements include: failure to come to terms with prospective investors, failure to come to terms with our debenture holders, risks related to changes in technology, our dependence on key personnel, our ability to protect our intellectual property rights, emergence of future competitors, changes in our largest customer's business and government regulation of homeland security companies, and other factors described under the heading "Risk Factors" in our Registration Statements on Form SB-2 File Nos. 333-130900 and 333-138977, effective as of November 21, 2006 and December 21, 2006, respectively, as amended and supplemented. The forward-looking statements speak only as of the date they are made. We do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
SOURCE: Electronic Sensor Technology
CONTACT: Electronic Sensor Technology
Frank Zuhde, 805-480-1994 X135
