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Suspect Detection Systems Signs Contract for its Cogito Anti-Crime System with Large Commercial Conglomerate in India
Suspect Detection Systems Signs Contract for its Cogito Anti-Crime System with Large Commercial Conglomerate in India.
About this update from Suspect Detection Systems Inc
[{"type":"text","content":"\n\n\n\n\n\n\n\nSuspect Detection Systems Signs Contract for its Cogito Anti-Crime System with Large Commercial Conglomerate in India\n\n\n\n\n\n\n\n\n\nSuspect Detection Systems Signs Contract for its Cogito Anti-Crime System with Large Commercial Conglomerate in India\n\nPR Newswire\n\nNEW YORK, June 17, 2013\n\n\n\n\n\n\n\nNEW YORK, June 17, 2013 /PRNewswire/ --\n\n\nSuspect Detection Systems Inc., (OTCBB: SDSS), a developer of counter terror and crime prevention technology, announced today that the Company has expanded its presence in India by signing a contract with one of India's large commercial conglomerates, providing further evidence of Suspect Detection Systems' growing presence in India.\n\n\nAs previously reported, the Company's Cogito automated anti-terror and anti-crime technology is being utilized by law enforcement agencies throughout India as a significant tool for both solving and preventing criminal activity and acts of terror.\n\n\nThe sophisticated methodology behind the Company's Cogito system and the dynamic implementation of the Cogito technology are presently being taught in India's leading forensics university and has resulted in enhanced exposure of Cogito, which has now translated into a contract in India's commercial sector. The contract has yielded immediate revenues that will be realized during Q2 2013.\n\n\nGil Boosidan, Suspect Detection Systems' CEO, stated that \"Cogito is now being used in India's governmental, academic and private sectors. We are extremely pleased that our extensive efforts have enabled us to penetrate all sectors of India's rapidly growing markets which we believe will translate to significant commercial success during the remainder of 2013 and thereafter. We are hopeful that the signing of the present contract should lead to additional contracts in the private sector, among others in India, in the near future.\"\n\n\nAbout Suspect Detection Systems\n\n\nSuspect Detection Systems Inc., through its subsidiary Suspect Detection Systems Ltd., is a developer of proprietary counter terrorism and crime prevention technology designed to identify threats in real-time, and prevent incidents before they are carried out. The technology detects the hidden \"hostile intent\" of assailants - before they commit their intended acts - with a high degree of accuracy. The system can also...