LOS ANGELES, May 16 /PRNewswire-FirstCall/ -- Universal Detection Technology (FWB: PO8), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats, announced today the completion of the first sale of its BSM-2000 anthrax spore detection device. The BSM-2000 is designed to detect the presence of airborne bacterial spores, such as anthrax, and to alert security and emergency management personnel.
"This sale represents a major milestone for the Company," said Jacques Tizabi, CEO of Universal Detection. "We are very pleased to have successfully delivered and received payment in full for one unit of BSM-2000 Anthrax Detector." Due to confidentiality requirements, the Company cannot disclose the identity of the purchaser at this time.
The BSM-2000 Anthrax Detector is designed to continuously monitor the air for anthrax spores. When spores are detected, BSM-2000 uses heat to "pop" the spores, thus releasing a chemical called dipicolinic acid, which is unique to bacterial spores. The dipicolinic acid instantaneously reacts with a chemical sensor in the device which triggers a green luminescence whose intensity corresponds to the concentration of bacterial spores in the sample. If an increase in spore concentration is detected, the device sounds an alarm notifying the appropriate security and emergency services personnel. The device's response time is approximately 15 minute.
About Universal Detection Technology
Universal Detection Technology (UDTT), founded in 1973, is a developer of monitoring technologies, including bio-terrorism detection devices. Universal Detection Technology, in cooperation with NASA's Jet Propulsion Laboratory (JPL), has developed an anthrax spore detection system called BSM-2000 which combines JPL's spore detection technology with UDTT's aerosol capture device. For more information, please visit www.udetection.com.
Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties include, among other things, the funding of amounts of capital adequate to provide for our working capital needs and our timely repayment of debt; our ability to timely and cost effectively complete the development and testing of our products; our ability to commercially produce our products on a profitable basis; commercial acceptance of our products; product price volatility; product demand; market competition and general economic conditions, and other factors described in UDTT's filings with the Securities and Exchange Commission. 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.
Universal Detection Technology
CONTACT: Jacques Tizabi, of Universal Detection Technology,+1-310-248-3655, email@example.com; or Andrew Hellman of CEOcast,Inc., +1-212-732-4300, for Universal Detection Technology