dadooh27
08-21-2007, 03:08 PM
Universal detection systems UDTT reported their second quarter earnings and they are showing an 830% rise in revenues from the same period last year. I believe this stock is getting ready to climb!
Universal Detection Technology Newsletter
Supplier of Counter-Terrorism Technologies and Solutions
BSM-2000
UDTT's Real
time Anthrax Detector
Developed in collaboration with NASA's JPL, BSM-2000 is used for constant monitoring of buildings and public places for abnormal levels of bacterial spoires, an indication of an anthrax attack.
Quick Links
UDTT Homepage
Our Products
Investors
News Archive
Threat of Terrorism
ABOUT UDTT
Universal Detection Technology is a developer and supplier of monitoring technologies, including bioterrorism detection devices, radiological detection systems, security products, and counter-terrorism training. 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 bio-terror 'smoke' detector that detects certain biohazard substances. For more information, please visit www.udetection.com.
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Universal Detection Technology Reports 830% Increase in Quarterly Revenues
Company Reports Results for Second Quarter 2007
LOS ANGELES, CA--(MARKET WIRE)--Aug 21, 2007 -- Universal Detection Technology (OTC BB:UDTT.OB - News) is pleased to announce today that its quarterly revenues for the quarter ending June 30, 2007 climbed 830% from the same quarter of the previous year. The increased revenues were derived primarily from the sale of UDTT's bioterrorism detection kits. Furthermore, the loss per share decreased to $0.002 per share from $0.01 per share. The current quarterly report can be viewed by clicking here or by going to www.sec.gov.
"We are very pleased to build on our revenue recognition from the sale of our detection kits," stated Mr. Jacques Tizabi, CEO of Universal Detection Technology.
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.
Contact:
Jacques Tizabi
Chief Executive Officer
Tel: +1 (310) 248-3655
Source: Universal Detection Technology
Universal Detection Technology | 9595 Wilshire Blvd. | Suite 700 | Beverly Hills | CA | 90212
Universal Detection Technology Newsletter
Supplier of Counter-Terrorism Technologies and Solutions
BSM-2000
UDTT's Real
time Anthrax Detector
Developed in collaboration with NASA's JPL, BSM-2000 is used for constant monitoring of buildings and public places for abnormal levels of bacterial spoires, an indication of an anthrax attack.
Quick Links
UDTT Homepage
Our Products
Investors
News Archive
Threat of Terrorism
ABOUT UDTT
Universal Detection Technology is a developer and supplier of monitoring technologies, including bioterrorism detection devices, radiological detection systems, security products, and counter-terrorism training. 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 bio-terror 'smoke' detector that detects certain biohazard substances. For more information, please visit www.udetection.com.
Join Our List
Universal Detection Technology Reports 830% Increase in Quarterly Revenues
Company Reports Results for Second Quarter 2007
LOS ANGELES, CA--(MARKET WIRE)--Aug 21, 2007 -- Universal Detection Technology (OTC BB:UDTT.OB - News) is pleased to announce today that its quarterly revenues for the quarter ending June 30, 2007 climbed 830% from the same quarter of the previous year. The increased revenues were derived primarily from the sale of UDTT's bioterrorism detection kits. Furthermore, the loss per share decreased to $0.002 per share from $0.01 per share. The current quarterly report can be viewed by clicking here or by going to www.sec.gov.
"We are very pleased to build on our revenue recognition from the sale of our detection kits," stated Mr. Jacques Tizabi, CEO of Universal Detection Technology.
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.
Contact:
Jacques Tizabi
Chief Executive Officer
Tel: +1 (310) 248-3655
Source: Universal Detection Technology
Universal Detection Technology | 9595 Wilshire Blvd. | Suite 700 | Beverly Hills | CA | 90212