SOURCE: Security With Advanced Technology

March 28, 2007 13:13 ET

Security With Advanced Technology Gives First Public Demonstration of VT-MKIV Non-Lethal Launcher

SWAT's New VT-MK IV Non-Lethal Police/Military Projectile Launcher Makes a Big Splash at the ValueRich Small-Cap Financial Expo in Miami

WESTMINSTER, CO -- (MARKET WIRE) -- March 28, 2007 -- Security With Advanced Technology, Inc. (NASDAQ: SWAT) (NASDAQ: SWATW), a leading provider of security products and services, announced that it demonstrated its VT-MKIV & VT-MK1, new non-lethal projectile launchers designed primarily for use by military and law enforcement, during its presentation at the ValueRich Conference in Miami.

Developed by Veritas Tactical, a division of SWAT, these launchers, propelled by compressed air or nitrogen, shoot a synthetic pepper-based projectile which breaks upon impact and has a debilitating effect on subjects. This powder substance is significantly stronger than the effect of pepper spray. The VT-MKIV gives users the ability to deliver non-lethal rounds accurately from distances up to 100 meters, providing military and law enforcement officers a tactical advantage in many control scenarios.

"We are experiencing significant interest in the VT-MKIV, from law enforcement and military groups, nationally and internationally," stated Scott Sutton, President and CEO of SWAT. "We have received numerous requests for test & evaluation units and are anticipating significant sales in the U.S. market as well as internationally in the coming months. The benefit of non-lethal high quality launchers like the VT-MKIV is continuing to grow and have been established by patrol officers, SWAT teams, detention officers, and even wildlife officers; they have expressed that these products are needed on a daily basis to help manage the situations they face. We believe the market and applications for our non-lethal products will grow dramatically as we provide new and innovative solutions for people and agencies wishing to manage and control compliance situations without resorting to lethal force."

The new VT-MK series represents the first of several non-lethal projectile launchers designed specifically for the law enforcement and military markets. The new product incorporates features conceived by an advisory board consisting of military and law enforcement trainers, SWAT officers, police officers, as well as the Company's own development team. The VT- MKIV is magazine fed, can be fit with many off-the-shelf tactical accessories, and is mission adaptable for uses ranging from single-officer confrontations to large scale riot control. SWAT expects to begin selling its first production units in May 2007.

SWAT also expects to launch Avurt's new laser aimed compact five-shot device which shoots an irritant filled projectile capable of disabling an attacker or suspect at a distance of 50 feet. The difference between the new Avurt launcher and products currently selling in the market is dramatic, including laser aimed sighting, more potent irritant, accurate at 50 feet and multi-shot rounds. Its patent pending technology utilizes several unique design features greatly increasing the reliability and durability compared to the launchers currently in use.

"We've eliminated the use of gaskets and 'O' rings, both frequent causes of failures in current designs, while creating a unique nitrogen-based propellant system for reliability," said Michael Cox, Avurt's Vice President of Engineering. "Our design goals included a long list of stringent specifications which had to be incorporated in a small and compact size. These demands as well as the size constraints took us to a ground-up engineering process. We know that the reliability of the product is critical so that when the user fires our product it works, and works well."

The device accurately fires a projectile at a distance of up to 50 feet that breaks on impact dispersing a cloud of potent pepper-based powder. This powder is ten times more powerful than aerosol pepper spray causing a severe debilitating reaction in the target area and is an organic non-lethal substance, which is highly effective on both humans and animals.

Following requests from current agency customers and significant interest by consumers, the Avurt launcher was developed after extensive customer and focus group surveys and is designed to be sold to federal and state agencies, security guard organizations, delivery service personnel, animal control officers as well as individual consumers. Initial inquiries also indicate a potential market opportunity to international customers.

A webcast of the presentation and demonstration from the ValueRich Small-Cap Expo is available at www.visualwebcaster.com/valuerichmiami07/event.html. Scott Sutton was also interviewed live on radio and TV while at the conference.

SWAT: About the Business Units

Division X: Avurt distributes and produces non-lethal personal protection devices and compliance products currently in use by federal and state agencies. The new devices, when completed, will be laser aimed and fire a projectile up to 40 feet away that breaks on impact dispersing a cloud of potent pepper-based powder causing a severe debilitating reaction in the target area, effective on most humans and animals.

Division X: Veritas Tactical creates innovative training systems and tools to increase the quality of training worldwide for law enforcement, militaries, both private and government, and civilians while decreasing their potential liability and saving lives. The company's credo is "Progressive solutions for impossible situations." Veritas Tactical's product development team is bringing new training tools to market in 2007 to change the face of training. For more information, visit www.veritastactical.com.

Technology Division: Vizer specializes in product design, system design, engineering, installation, and integration of facility security systems including access control, video surveillance, intrusion detection, and wireless mesh network systems. With a focus on network-centric technology and hosted services, Vizer developed a unique proprietary "e-Link" solution which is built around a web-hosted software platform and a unique network-based device providing business customers complete control over access, alarms, and video systems remotely through a secure and easy-to-use website. This product is sold primarily on the basis of a monthly service fee thereby creating recurring revenue.

Technology Division: ShiftWatch™ is a product line of mobile digital video surveillance solutions for public transportation and general security applications. ShiftWatch's™ full-motion, high-resolution video system utilizes patent-pending video streaming technology and GPS synchronization capabilities to provide agencies with data security and reliability.

About Security With Advanced Technology, Inc.

Security With Advanced Technology, Inc. is a leading provider of high-tech security products and services, which include non-lethal personal protection devices, 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. Information on the websites referenced herein do not comprise a part of this press release.

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

  • SWAT contacts:

    Media:
    Heather Black
    303-952-3434

    Investors:
    Greg Pusey
    303-722-4008