NEW YORK, May 16, 2011 /PRNewswire via COMTEX/ -- Suspect Detection Systems Inc., (OTCBB: SDSS and SVF.BE), a developer of counter terror and crime
prevention technology, announced that in the first quarter of 2011, the company broke its existing record for revenues in a period. Revenues, gross profits and net
income all grew sharply in the first quarter of 2011 as compared to the same quarter in 2010.
Highlights of the company's most recent financial statements show:
Revenues grew to $1.6M in Q1 2011 vs. $0.6M in Q1 2010
Gross Profits grew to $1.4M in Q1 2011 vs. $0.6M in Q1 2010
Suspect Detection Systems Inc., through its subsidiary Suspect Detection Systems Ltd., is a developer of proprietary counter terrorism and crime prevention technology
designed to identify threats in real-time, and prevent incidents before they are carried out. The technology detects the hidden "hostile intent" of assailants - before they
commit their intended acts - with a high degree of accuracy. The system can also be used after a crime is committed to quickly identify criminals from among a general
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