SOURCE: IDO Security, Inc.

IDO Security, Inc.

October 18, 2010 07:30 ET

IDO Security Attends Israeli Homeland Security Business Delegation to Brazil

TEL AVIV, ISRAEL--(Marketwire - October 18, 2010) -  IDO Security, Inc. (OTCBB: IDOI), developer of the innovative MagShoe™ shoe scanning device (SSD), today announced that the Company took part in the Israeli Homeland Security Business Delegation to Brazil during the Summer of 2010.

Guy Zuri, Director of Aerospace, Defense & Homeland Security and the Israeli Export & International Cooperation Institute and Roy Nir, Consul of Economic Affairs from the Israeli Embassy in Sao Paulo, Brazil hosted the event. Senior airport and transport security officials from Brazil and other Latin American countries including Mexico, Panama, Colombia, Peru, and Argentina visited Israel to seek technologies and collaborations with Israeli security companies.

"The delegation was a great platform for us to showcase the new MagShoe™ 3G directly to Brazilian security officials including the Aviation Authorities, the Justice Ministry and the Mayor's Office as well as representatives of the Advisory Committee and senior officials from the COB (Brazilian Olympics Committee)," stated Dani Werber, International Sales & Marketing Manager for IDO Security and the Company's representative at the delegation.

Mr. Werber further stated, "As more and more countries continue to increase security at various venues and checkpoints, airports and government facilities will not be the only locations that will utilize the MagShoe™ 3G. The World Cup and Olympic Games are perfect examples of venues where the MagShoe™ 3G can ensure safety among employees, players, and millions of fans that attend these events from all over the world."

Brazil will be hosting several major international sporting events in the coming years, including the 5th CISM (International Military Sports Council) Military World Games in 2011, with about 110 nations and 7,500 participants, the Soccer World Cup in 2014 and the 2016 Olympic Games, followed by the 15th Summer Paralympics Games.

More than $30 Billion will be invested in the development, building and upgrade of infrastructures in Brazil with approximately 10%, or $3 Billion, going to the Homeland Security sector. This makes Brazil a significant market with enormous potential for IDO Security and its MagShoe™ 3G.

About IDO Security

Headquartered in New York with a subsidiary in Israel, IDO Security designs, develops and markets the patented MagShoe™ shoe scanning device (SSD). MagShoe™ fills a critical void in today's metal detectors by extending screening to the lower body and feet. MagShoe™'s "shoes-on" design maximizes security, thoroughness and accuracy while eliminating the need to remove shoes for increased convenience and safety. Ideal for security and loss prevention at virtually any facility, MagShoe™ is currently in use at international airports, cruise lines, government agencies, private homes and more.

Forward-Looking Statements:
This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections about our business and our industry, and that reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based upon our current expectations about future events. These forward looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed as a result of a number of factors, including but not limited to, the sufficiency of existing capital resources, uncertainties related to the development of IDO's business plan, the ability to secure additional sources of financing, general economic conditions, the availability of competing products and the ultimate market acceptance of our products, changes in technology, legislative or regulatory changes that affect us and the risks and uncertainties discussed under the heading "RISK FACTORS" in Item 1A of IDO's Annual Report on Form 10-K for the year ended December 31, 2008, and in our other filings with the Securities and Exchange Commission. We undertake no obligation to revise or update any forward-looking statement for any reason.

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