HomelandDefenseStocks.com (HDS) a global investor and industry news portal for the homeland defense and security sector, provides an overview entitled “Weapon and Explosives Detection Technology Securing the Nation’s Transit Systems”, discussing developments towards securing mass transit systems through innovation. Insights into the current and future environment are provided by L-3 Communications, Sniffex Inc., Technest Holdings, Analogic Corporation and SENSE Holdings. Perspectives on key challenges and market direction are discussed by Jack Mallon, Senior Managing Director of Mallon Associates, an investment bank focused on the security industry.
The most urgent national security threat confronting most western nations, according to Dore Perler, CEO of Sense Holdings Inc. (OTCBB:SEHO), a developer of integrated explosive detection technologies, “is the surreptitious introduction of lethal substances into our social infrastructures. These substances include explosives, chemical warfare agents and biological warfare agents.”
Paul Johnson, CEO of Sniffex, Inc. (OTC.PK: SNFX), a developer of a lightweight handheld distance weapon and explosives detection device explains, “Private industry recognized the need and the market potential for new and more effect tools for the fight against terror worldwide. Add to that, Homeland Defense funding, not only in the US, but worldwide for research and development, and you have the potential for an impressive array of new tools.”
According to Peter Harris, Vice President for Security Strategy for Analogic Corporation (NASDAQ: ALOG), a leading designer of security systems, “There are two main reasons for TSA’s continued focus on security. First of all, terrorists believe in sensationalism and drama to convey their views. Accordingly, we have seen that airliners filled with innocent passengers are a likely target and will continue to be so. Secondly, from a technical standpoint, there can be more damage inflicted on an airplane with a small amount of explosives than possible on a cruise ship or a subway station.”
Robert Tarini, Chairman and CEO of Technest Holdings (OTCBB: TCNH), a provider of advanced remote sensor systems, chemical detectors, intelligent surveillance and advanced 3D imaging technology solutions describes, “Chemical and explosives detection technologies that can be installed to cover large areas such as cargo ports, transportation systems and sensitive federal facilities will become a hot commodity. We are trying to solve problems that nobody has yet to date been able to do and we have the brightest minds in the United States working on it.”
“Threats posed to a country's critical infrastructure are constantly changing and can emerge quickly,” states William Frain, Senior Vice President of L-3 Communications Security and Detection Systems (NYSE: LLL). “Granted, much has been accomplished to protect this infrastructure and prepare for the worst, and L-3 Communications Security and Detection System has participated in the strengthening of some of the world's most vulnerable targets by deploying its advanced security screening technology.”
Weapon and Explosives Detection Technology Securing the Nation’s Transit Systems
By Ann-Marie Fleming, HomelandDefenseStocks.com
As Homeland Security efforts domestically and abroad continue to fight the war against terrorism there continues to be a significant need for innovative methods for detecting weapons and explosives. Detection technology has many applications from protecting our ports and borders, to airports and other mass transit systems, to crime scenes and hostile military areas. It is apparent that the Homeland Security industry as a whole is here for the long run and areas such as detection technology continues to be a growing market within this sector.
As described by Jack Mallon, Senior Managing Director of Mallon Associates, an investment bank focused on the security industry, “It is an event driven market and the events over the past month or so including the most recent threat from Bin Laden will be a key driver for this sector of the industry.”
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Featured Company Disclosure: (HDS is compensated by SNFX, TCNH & SEHO as disclosed in disclaimer)
Sniffex, Inc. (OTC.PK: SNFX) is the manufacturer of a pocket-sized, hand held explosives and weapons detection device which operates through its ability to detect the presence of nitrous oxide (free) radicals within its effective range.
SENSE Holdings Inc™ (OTCBB: SEHO) is a provider of biometric solutions, and micro-sensor identification systems as well as enabling technology for explosives detection. Sense develops products targeting Homeland Security, and offers solutions that improve and secure many business, military, and personal processes.
Technest Holdings, Inc. (OTCBB: TCNH), was recently recognized with the 2006 Frost & Sullivan Biometrics Technology Innovation of the Year Award for its pioneering security application, SureMatch 3D. Technest is committed to setting next-generation standards in defense and security through the provision of innovative emerging technologies and expert services.
HomelandDefenseStocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research, news, blogs, RSS Feeds, conferences and links to public companies within the security sector.
HomelandDefenseStocks.com also includes one of the most comprehensive free Homeland Security stock lists in the investment industry
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The Spade Defense Index (AMEX: ^DXS) with Scott Sacknoff
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