SOURCE: IDO Security, Inc.

IDO Security, Inc.

January 07, 2011 17:53 ET

IDO Security to Exhibit the New MagShoe™ 3G and 3G/4 Models in Thailand

TEL AVIV, ISRAEL--(Marketwire - January 7, 2011) - IDO Security, Inc. (OTCBB: IDOI), developer of the innovative MagShoe™ shoe scanning device (SSD), today announced that the Company will be exhibiting the new MagShoe™ 3G and 3G/4 models in Thailand to a number of potential clients that include both governmental and private entities.

The Company has engaged Law Enforcement Technology Solutions (LETS) as its agent in Thailand to oversee the MagShoe™ demonstration during the next few weeks to several clients that have already indicated a strong interest in the technology and its ability to be incorporated with security screening systems already in place. The Company expects to receive multiple orders from the exhibit based upon the early interest shown by Thailand's HLS and Loss Prevention officials. 

"Thailand is the second country in the Far East, following China, in which we are actively promoting the new MagShoe™ 3G together with our local agents. There is interest from both the Homeland Security and Loss Prevention sectors to increase security measures in Thailand and the MagShoe is a perfect complement to existing security devices providing effective screening that is non-invasive and convenient to use. Based on the early interest shown, we believe we could have the MagShoe in multiple locations in Thailand by mid-year," stated Dani Werber, International Marketing Manager for IDO. 

About IDO Security, Inc.
Headquartered in New York with a subsidiary in Israel, IDO Security designs, develops and markets the patented shoe scanning device (SSD) MagShoe™ system. MagShoe™ fills a critical void in today's 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. The MagShoe™ is neither invasive nor harmful to the body as are some of the other screening devices currently used in the marketplace. Ideal for security and loss prevention at virtually any facility, MagShoe™ is currently in use at international airports, cruise lines, government agencies and more.

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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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