International Drug & Explosives Detection Company IDenta Corporation to Begin Reporting Financials
Published: Dec 20, 2011
JERUSALEM, Dec. 19, 2011 /PRNewswire/ -- IDenta Corp. (OTC: IDTA) CEO Yaacov Shoham today made the following announcement.
Mr Shoham stated, "We are starting the process of making IDenta Corp. a listed company by releasing current financial numbers. This will change the current status of IDenta Corp. on the pink sheets stock market."
The financial report for 2011 (still two weeks to go) will be released as soon we have the audited report after the beginning of 2012.
It will be released no later than the period requested by the stock market.
In 2010 IDenta has sold products (income) for a total of 466,017 Israel shekels.
In 2011 (with two weeks remaining until the end of the year) IDenta has already sold products for a total of 775,235 Israeli shekels, a 66% increase from the previous year.
In 2011 IDenta has succeeded in penetrating many different markets and countries around the world.
IDenta's different products are already being used in many of the larger countries such as: India, Australia, France, Russia, USA, UK, Australia and also in many smaller countries and markets.
In 2012 IDenta's efforts will be a very positive continuation in order to enlarge sales in the current markets and in new markets.
The expectation is to make sales in 2012 several times more than in 2011, due to the awareness of the high quality of IDenta's products and due to new scientific and technical developments.
Since 2003, IDenta Corporation has been recognized as a worldwide leader in the development of proprietary on-site drug, drug precursor and explosive detection kits. IDenta develops, manufactures and distributes products for both the professional and civil markets which consistently pass the highest qualifications and testing procedures of law enforcement and security agencies around the world.
Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements" that are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future.
For Investor Relations, lobbying interests or information concerning IDenta's products internationally or the development of new chemical detectors, contact: Yaacov Shoham, IDenta Corp., CEO, Tel: +972-52-6554487, www.drugsdetector.comwww.identa.biz. www.identa-corp.com
SOURCE IDenta Corp.