SITG Launches Homeland Security Strategies, Inc. In Response to New Techno-Terrorists and Info-Thieves
NEW YORK–(BUSINESS WIRE)–July 30, 2003
Security Intelligence Technologies, Inc. (OTCBB:SITG) today announced the launch of its new subsidiary, Homeland Security Strategies, Inc., (HSS), organized in response to the growing need and requests in the United States and abroad for countermeasure equipment and methods to combat growing threats from new breeds of technology savvy terrorist groups and sophisticated information thieves.
HSS will focus on worldwide wholesale and government contracts that specialize in tactical operations equipment and training for counterterrorism, security, surveillance, and countermeasures. The HSS product line will include equipment for detection of bombs, contraband and mobile jammers that detect, trace and thwart radio controlled bombs, land mines, cameras, unauthorized satellite and cellular communications and illegal transmitters. HSS will also specialize in GPS tracking with two-way video, voice communications, remote function programming, as well as a non-invasive x-ray technology that images ingested materials such as drugs swallowed by couriers.
Ben Jamil, Chief Executive Officer of HSS states, “Radio frequency controlled bombs such as those responsible for United States military fatalities in Iraq are now the weapon of choice for many terrorists, dissidents, subversive sabotage networks and criminal groups. These groups are now adopting hi-tech tools and can be defined by their proficiency in acquiring intelligence to further their illicit activities. Along with hidden caches of ammunition and remote control bombs, they are in possession sophisticated bugs, wiretaps, cameras, and interception equipment for the theft of information and data that will advance their aims.”
“This new equipment is being designed for those who need solutions and countermeasure options in order to thwart the potential damage from ruthless competitors, disloyal insiders and wrathful ex-employees, as well as the terrorist,” continued Mr. Jamil.
About Security Intelligence Technologies, Inc.
Security Intelligence Technologies, Inc., the parent and holding company of HSS, develops, manufactures and markets leading edge solutions and advanced proprietary systems for surveillance, countersurveillance, countermeasures, personal and home security markets worldwide through its corporate website, its wholesale division for governments and corporations, and through the Counter Spy Shops, its retail stores, showrooms and offices located in New York, Miami, Beverly Hills, Washington DC, Hong Kong, Israel and London. Products are currently distributed throughout the U.S., Europe, Asia, the Middle East, and South America. Its products and props can be seen in major motion pictures, including Silence of the Lambs, First Kid, Mission Impossible 1, Meet the Parents, and Bad Company. Its retail division also co-brands its Night Vision Binoculars with Ford’s Aston Martin, and donates products to International Spy Museum exhibits.
Safe Harbor Statement
Statements in this press release and oral statements that may be made by the Company or by officers, directors or employees of the Company acting on the Company’s behalf may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms “believes,” “expects,” “intends,” “may,” “should,” or “anticipates” to be uncertain forward-looking statements. The forward looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company’s reports and registration statements filed with the Securities and Exchange Commission. The material under “Risk Factors” and management’s discussion and analysis of fiscal condition and results of operation’s in the company’s Form 10-K for the fiscal year ended June 30, 2002 and it’s management’s discussion and analysis of financial condition and results of operations in the company’s Form 10-Q for the quarter ended March 31, 2003. Information on SITG’s corporate website is not a part of this press release.
For more information, please visit the SITG corporate site at:
www.spyzone.com or www.bombjammer.com
Analyst/Investor kits, store tours and interviews available upon request
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