Laguna Research Partners to Issue Detailed Research Report Regarding Security With Advanced Technology (SWAT)
23 Février 2007 - 6:22PM
PR Newswire (US)
LRP Is a Respected Leader in Homeland Security Research and
Analysis WESTMINSTER, Colo., Feb. 23 /PRNewswire-FirstCall/ --
Security With Advanced Technology, Inc. (NASDAQ:SWATNASDAQ:SWATW)
today announced that Laguna Research Partners LLC will be issuing a
detailed research report regarding SWAT. Release of that report is
expected in early March 2007. In late 2001, Laguna Research
Partners became the first Wall Street research firm to identify and
initiate coverage of the Homeland Defense Industry, defined by LRP
to be comprised of two sectors, homefront and battlefront.
Commentary and analysis from LRP regarding the Homeland Defense
Industry have been featured by media leaders worldwide including
Barron's, CNNfn, Hong Kong Cable Television, and The Wall Street
Transcript. "We are excited about the tremendous growth
opportunities for SWAT in the worldwide security industry," said
Scott Sutton, President of SWAT. "We are confident that Laguna
Research Partners will provide investors with a fair and balanced
analysis of our business model and our strategy for future growth,"
he added. In recent weeks, SWAT has continued to implement key
components of its business plan. On January 4, SWAT announced that
it had completed its acquisition of Vizer Group, Inc. ("Vizer") and
Vizer's wholly-owned subsidiary, Avurt International, Inc.
Vizer/Avurt provides SWAT with key opportunities to expand its
security solutions for large market segments, including rapidly
launching a non-lethal personal protection device. On January 12,
SWAT announced that it had launched Veritas Tactical, an elite
tactical training and self-defense division that will initiate a
line of innovative products and services to increase the quality of
training for law enforcement, governments and civilians worldwide.
On February 7, SWAT announced that it had hired Greg Milan as vice
president of sales. Milan is responsible for leading the sales team
supporting SWAT's rapidly expanding offering of security solutions.
About Security With Advanced Technology, Inc. Security With
Advanced Technology, Inc. (SWAT), founded in 1999, is a leading
provider of mission-critical, high-tech security solutions for the
consumer, corporate, law enforcement, government, and military
sectors of the multi-billion dollar Homeland Security and Defense
markets. The company's four operating divisions -- Avurt, Veritas
Tactical, Vizer, and Shiftwatch -- provide a diversified portfolio
of security solutions ranging from non-lethal personal protection
devices to converged and interoperable surveillance, intrusion
detection, and mobile digital video communications and surveillance
systems. Avurt develops, manufactures and markets next-generation
non-lethal personal protection devices and compliance products
currently in use by federal and state agencies. The new devices,
when completed, will be laser aimed and fire a projectile up to 60
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. 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. For more
information, visit http://www.veritastactical.com/. 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 patent pending "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. While we have
numerous systems installed we are working on completing final
design of our hardware and software in preparation for a product
launch. 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. ShiftWatch's open, standards based
architecture, facilitates interoperability, easing management of
the information and communication complexities and leveraging
customers' investment in the future. The current TVS 300 product
containing significant software and feature enhancements was
released in the fourth quarter of 2006. The Company will be
releasing a new hardware version of its TVS product in March 2007.
Based on stringent quality control testing of this prototype
hardware it is believed issues identified earlier are resolved. The
manufacturer is currently preparing to provide saleable quantities
of this product. For additional information, visit
http://www.swat-systems.com/ or call the corporate headquarters at
(800) 498-7965. Information on SWAT's Web site does not comprise a
part of this press release. About Laguna Research Partners LLC
Founded in 1998, Laguna Research Partners (LRP)
(http://www.lrponline.net/) is a privately held research and
business intelligence firm that produces company, industry,
economic, and geoeconomic research, analysis, and forecasting. The
firm's primary objective is to provide its research users and
business intelligence clients with proprietary, actionable
insights. In late 2001, Laguna Research Partners became the first
Wall Street research firm to identify and initiate coverage of the
Homeland Defense Industry, defined by LRP to be comprised of two
sectors, homefront and battlefront. Commentary and analysis from
LRP regarding the Homeland Defense Industry have been featured by
media leaders worldwide including Barron's, CNNfn, Hong Kong Cable
Television, and The Wall Street Transcript. Disclosure Laguna
Research Partners has been compensated U.S. five-thousand dollars
by Security With Advanced Technology, Inc. for a Research Report
and a Summary of that Research Report. Payment was made in full
prior to commencement of this Research Report project. No Laguna
Research Partners owner, officer, or employee holds a position in
and/or engages in transactions with respect to the securities of
Security With Advanced Technology, Inc. Full disclosure information
can be accessed at http://www.lrponline.net/. Forward-Looking
Statements 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. SWAT Contacts: LRP Contacts: Media: Scott Sutton
Kevin B. Skislock 720-227-0370 949-651-9053 Investors: Greg Pusey
303-722-4008 DATASOURCE: Security With Advanced Technology, Inc.
CONTACT: Media, Scott Sutton, +1-720-227-0370, or Investors, Greg
Pusey, +1-303-722-4008, both of SWAT; or Kevin B. Skislock of LRP,
+1-949-651-9053 Web site: http://www.swat-systems.com/
http://www.veritastactical.com/
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