SOURCE: IDO Security, Inc.

IDO Security, Inc.

October 06, 2010 00:01 ET

IDO Security, Inc. Receives Initial Orders for the MagShoe™ Following Exhibitions in Spain and the UK

TEL AVIV, ISRAEL--(Marketwire - October 6, 2010) -  IDO Security, Inc. (OTCBB: IDOI), developer of the innovative MagShoe™ "shoes-on" weapons metal detection system, today announced that the Company has received initial orders for the new MagShoe™ 3G following marketing presentation made to local partners in various countries and two international security exhibitions: SICUR in Madrid Spain (March 2010) and Counter Terror in London UK (April 2010). The orders were placed by agents in Brazil, China, UK and Ireland.

"These initial orders are a good indication of the serious interest shown in these countries. Our agents and distributors are going to be very busy in the coming months, introducing the new MagShoe™ 3G series. Although these initial orders are for small quantities, mainly for pilots and evaluation processes, which is a usual stage in acquiring new technology and products, we are confident that after these succseful pilots and tests, we will receive major orders," said Dani Werber, International Marketing Manager for IDO Security.

About Our Partners

Agent in Brazil: ORMAX Tecnologis em Seguranca ( through its daughter company "Raio-X" (
Agent in China: Beijing HWAN T&T Co., Ltd. (
Agent in UK & Ireland: SCAN-X (

About IDO Security

Headquartered in New York with a subsidiary in Israel, IDO Security designs, develops and markets the patented MagShoe™ weapons metal detection system. 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. To find out more about IDO Security, Inc. visit our website at

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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