SOURCE: Security With Advanced Technology

September 12, 2007 11:56 ET

Security With Advanced Technology Appoints Craig Dais as Vice President of Finance and Controller

WESTMINSTER, CO--(Marketwire - September 12, 2007) - Security With Advanced Technology, Inc. (NASDAQ: SWAT) (NASDAQ: SWATW), a leading provider of security products and services, announced today that Craig Dais has agreed to join the Company starting September 17, 2007 serving as its Controller and Vice President of Finance.

In his role, Dais will be responsible for managing all accounting and finance activities including accounting operations, budgeting, tax compliance, financial reporting and treasury.

"Craig is an excellent addition to the SWAT team," said Scott Sutton, president and CEO of Security With Advanced Technology. "His extensive knowledge and hands-on experience in working with growing technology companies further strengthen our management team."

Prior to joining SWAT, Dais was the director of Financial Planning and Analysis for Sprectralink, which was acquired by Polycom. Previously, Dais held senior level accounting positions with KPMG Peat Marwick, as well as finance positions with ICG Communications and Convergent Communications. In addition, Dais has provided accounting and financial consulting services including preparation for an initial public offering, Sarbanes-Oxley compliance services, financial modeling and audit management. Dais is a Certified Public Accountant, licensed in the State of Colorado. He received a Bachelor of Science in Accounting from Metropolitan State College of Denver.

About Security With Advanced Technology, Inc.

Security With Advanced Technology, Inc. is a leading provider of critical, high-tech security products and services, which include non-lethal protection devices, tactical training services, surveillance and intrusion detection systems and mobile digital video surveillance solutions. SWAT's products and services are designed for government agencies, military and law enforcement, in addition to transportation, commercial facilities and non-lethal personal protection segments. For additional information visit www.swat-systems.com or call the corporate headquarters at (800) 498-7965.

Forward-Looking Statement

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. 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.

Contact Information

  • Contact:
    Heather Black
    303-952-3434