Universal Detection Technology's Chairman and CEO, Mr. Jacques Tizabi, Interviews with MoneyTV
17 May 2005
Universal Detection Technology (OTCBB:UDTT - News) announced today that its CEO, Mr. Jacques Tizabi, was interviewed on May 12, 2005 by MoneyTV, a nationally syndicated television program.
Mr. Tizabi spoke about the company's recent developments including the choice of BSM-2000 as the new commercial name used for marketing of the company's bacterial spore monitors in its most recent campaign. He also spoke about UDTT's decision to use Horiba Jobin Yvon as its partner in manufacturing the optical component of BSM-2000. Among other topics he spoke about included the purchase order that the company recently received from its distributor in Singapore, Quantum Automation (QA), for one unit of BSM-2000. The machine is to be used to train QA's staff in installation and maintenance of BSM-2000. It will also be used to demonstrate how the device operates to various potential customers including government officials in Singapore, Thailand, and Malaysia, the three territories assigned to Quantum Automation for distribution of BSM-2000.
About MoneyTV
MoneyTV is a weekly television program that debuted in 1996 and is broadcast nationally on Saturdays at 6:30 AM ET, Sundays at 6:30 AM PT, 8:00 AM ET, 11:00 AM ET and 11:30 AM PT, Mondays and Tuesdays at 11:30 AM PT and Wednesdays at 7:00 PM ET. MoneyTV is broadcast to 40 million TV homes in Western Europe, Wednesdays at 6:00 PM. MoneyTV is also broadcast on NBC-TV in the Virgin Islands and Puerto Rico.
About Universal Detection Technology
Universal Detection Technology (UDT), founded in 1973, is a developer of monitoring technologies, including bio-terrorism detection devices. Management believes that the Company's technology, together with third party technologies and devices, has positioned it to capitalize on growth and value opportunities related to Homeland Security. Universal Detection Technology, in cooperation with NASA's Jet Propulsion Laboratory (JPL) has developed a bio-terror 'smoke' detector, which combines JPL's spore detection technology with UDTT's aerosol capture device. For more information, please visit http://udtt.invrel.net or http://www.udetection.com.
Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties include, among other things, the funding of amounts of capital adequate to provide for our working capital needs and our timely repayment of debt, our ability to timely and cost effectively complete the development and testing of our products targeted to the bio-chemical market, our ability to commercially produce our products on a profitable basis, commercial acceptance of our products, product price volatility, product demand, market competition and general economic conditions, and other factors described in the Company's filings with the Securities and Exchange Commission. We undertake no obligation and do not intend to revise or update publicly any forward looking statements for any reason.
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Contact:
Universal Detection Technology, Los Angeles
Jacques Tizabi, 310-248-3655
jtizabi@udetection.com
or
Investor Relations Services, Inc., New Smyrna Beach, Fla.
Gary Frank, 386-409-0200
or
Money TV
Donald Baillargeon, 949-388-5267
info@moneytv.net
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Source: Universal Detection Technology
Source: Business Wire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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