PR news: 06/07/10 Universal Detection Technology to Commence Bidding on Government Contracts with Partner Emergency 911 Security, Inc.
Date : 06/07/2010 @ 4:00PM
Source : Business Wire
Stock : Universal Detection Technology (UNDT)
Universal Detection Technology to Commence Bidding on Government Contracts with Partner Emergency 911 Security, Inc.
Universal Detection Technology (www.udetection.com) (OTCBB: UNDT), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats, and provider of counter-terrorism consulting and training services, reported today that it has commenced bidding on large government contracts in collaboration with Emergency 911 Security, Inc. Emergency 911 Security (EMG-911 SEC) has been certified by the federal government for sole source and limited competition contracts of up to 35.5 million dollars per year in sales.
EMG-911 SEC is among a rare group of government contractors (approximately five percent) awarded a small business determination 8(a), which allows the federal government to sole source contracts. The award is similar to GSA schedules but with a fraction of the competitors.
The SBA 8(a) Business Development Program will allow EMG-911 SEC greater market access and enterprise growth, awarding sole-source and limited-competition contracts over a nine-year period. The NAICS code that EMG-911 SEC is certified under provides sole source contract of up to 35.5 million dollars per year in sales.
“Our partnership with Emergency 911 Security allows us to bid on federal, state and municipal contracts in the CBRN detection field,” said Jacques Tizabi, CEO of Universal Detection Technology. “Our aim is to become a one-stop-shop provider of CBRN detection systems to the first responder community,” continued Tizabi.
For more information, please visit www.udetection.com or email info@udetection.com.
About Universal Detection Technology
Universal Detection Technology is a developer of monitoring technologies, including bioterrorism detection devices. The Company on its own and with development partners is positioned to capitalize on opportunities related to Homeland Security. For example, the Company, in cooperation with NASA, has developed a bacterial spore detector that detects certain biohazard substances. The Company is also a reseller of handheld assays used for detection of five bioterrorism agents, radiation detection systems, and antimicrobial products. For more information, please visit www.udetection.com.
Forward-Looking Statements
Except for historical information contained herein, the statements in this news release are forward-looking statements that involve known and unknown risks and uncertainties, which may cause the Company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.
