Security With Advanced Technology Announces Launch Of SafeMunitionsSafeMunitions™
WESTMINSTER, CO -- Security With Advanced Technology, Inc. (NASDAQ: SWAT) (NASDAQ: SWATW), a leading provider of security products and services, today announced the launch of the SafeMunitions™ unit, a conversion unit that will allow real firearms to safely fire marking and non-marking training projectiles.
This product will give law enforcement and military personnel the ability to practice with their own weapon in a safe training setting by simply converting their weapon into a safe training tool; by converting their own weapon, the feel and trigger pull used in training is consistent with real life use.
The unit will replace the upper assembly (slide, barrel, guide rod & spring) and magazine of pistols. For rifles like the AR-15, the conversion unit will replace the upper receiver and magazine. Projectiles will load in a similar fashion to the original firearm’s magazine: through the top, along the front side of the magazine. The conversion unit will be strong enough to withstand the rigors of law enforcement and military operations and is designed to fire a large volume of projectiles.
All conversion components are blue, the international safety color; this will indicate to everyone involved in a training scenario that the gun is non-lethal. Once properly converted, the SafeMunitions unit patent-pending technology will make it impossible to load any live ammunition into the firearm, making it safe for force-on-force training.
“There are currently no other safe training tools like this on the market,” said Scott Sutton, president of SWAT. “Competitive products are dangerous because real bullets can be, and have accidentally been loaded and fired -- there is no way a SafeMunitions unit can fire a real bullet. Current competitive products sold in the market today are more expensive, costing about 60 cents a shot; the SafeMunitions unit projectiles will be considerably less expensive, making this product a much safer and cheaper alternative for law enforcement and military training operations.”
SWAT is rapidly bringing patent-pending technologies to the market; the SafeMunitions weapon conversion unit is the first of many new products that SWAT plans to bring to the $15 billion-a-year personal security and personal protection markets over the course of 2007.
SWAT: About the Business Units
Division X: Avurt distributes and produces non-lethal personal protection devices and compliance products. New devices will be laser aimed and fire a projectile up to 40 feet away that breaks on impact dispersing a cloud of potent pepper-based powder causing a severe debilitating reaction in the target area, effective on most humans and animals.
Division X: Veritas Tactical creates innovative training systems and tools to increase the quality of training worldwide for law enforcement, militaries, both private and government, and civilians while decreasing their potential liability and saving lives. The company’s credo is “Progressive solutions for impossible situations.” Veritas Tactical’s product development team is bringing new training tools to market in 2007 to change the face of training.
Technology Division: Vizer specializes in product design, system design, engineering, installation, and integration of facility security systems including access control, video surveillance, intrusion detection, and wireless mesh network systems. With a focus on network-centric technology and hosted services, Vizer developed a unique proprietary “e-Link” solution which is built around a web-hosted software platform and a unique network-based device providing business customers complete control over access, alarms, and video systems remotely through a secure and easy-to-use website. This product is sold primarily on the basis of a monthly service fee, thereby creating recurring revenue.
Technology Division: ShiftWatch is a product line of mobile digital video surveillance solutions for public transportation and general security applications. ShiftWatch’s full-motion, high-resolution video system utilizes patent-pending video streaming technology and GPS synchronization capabilities to provide agencies with data security and reliability.
About Security With Advanced Technology, Inc.
Security With Advanced Technology, Inc. is a leading provider of high-tech security products and services, which include non-lethal personal protection devices, surveillance and intrusion detection systems and mobile digital video surveillance solutions. SWAT’s products and services are designed for government agencies, military and law enforcement, in addition to transportation, commercial facilities and non-lethal personal protection segments. For additional information visit www.swat-systems.com or call the corporate headquarters at (800) 498-7965.
This press release includes “forward-looking statements” as defined by the Securities and Exchange Commission (the “SEC”). All statements, other than statements of historical fact, included in the press release that address activities, events or developments that the company believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on certain assumptions made based on experience, expected future developments and other factors the company believes are appropriate under the circumstances. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the company and may not materialize. Investors are cautioned that any such statements are not guarantees of future performance. Actual results or developments may differ materially from those projected in the forward-looking statements as a result of many factors, including the company’s ability to integrate the recent acquisitions, implement the Avurt, Veritas Tactical, Vizer, and ShiftWatch business plans, increase sales of its products, and enhance, execute and protect its technological capabilities, the efficacy of the company’s products and technologies, whether the company will be able to release its new products as planned in 2007, and whether the company will resolve its supply chain issue for its ShiftWatch product, among others. Furthermore, the company does not intend (and is not obligated) to update publicly any forward-looking statements, except as required by law. The contents of this release should be considered in conjunction with the warnings and cautionary statements contained in the company’s recent filings with the SEC.
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