SOURCE: SWAT

March 05, 2007 17:48 ET

Security With Advanced Technology Names Corey Holland as Director of Its Technology Division

SWAT, a Leading Provider of High-Tech Security Solutions and Services, Will Benefit From Holland's Operational and Technical Experience

WESTMINSTER, CO -- (MARKET WIRE) -- March 5, 2007 --Security With Advanced Technology, Inc. (NASDAQ: SWAT) (NASDAQ: SWATW) today announced that Corey Holland will serve as the director of its Technology Division. The division houses two of SWAT's similarly-focused business divisions, ShiftWatch® and Vizer, which provide facility and transportation security systems with features such as access control and digital video surveillance.

In his role, Holland is responsible for all operational and product development activities within the Technology Division. The Technology Division caters to commercial and municipal clients. Working with senior management and SWAT's sales team, Holland will ensure that the division meets revenue, sales, quality, budget and innovation goals outlined in SWAT's strategic growth plan.

"We will rely on Corey's operational excellence and deep technical expertise to drive continued growth and innovation in the Technology Division," said Scott Sutton, president of SWAT. "The security solutions industry represents a $17-billion-a-year market, and SWAT's Technology Division has the talent and strategy in place to address this market opportunity."

Prior to joining SWAT, Holland spent eight years in various management positions at TimeCenter, Inc., a software development company, including director of operations, business development manager and senior sales representative. During that time Holland formed an efficient new implementations and operations group, developed and maintained a successful nationwide channel of partners, mentored the sales team, managed key accounts and grew sales by $6 million. Holland has additional experience at software and service organizations where he sold, installed and trained customers on new HR, payroll and time attendance software while building and maintaining a sales pipeline of more than $250,000 per month.

Holland has a bachelor's of science degree in electronics engineering from Denver Technical College and is completing his master's degree in business administration from Colorado State University.

"I look forward to expanding SWAT's presence in the U.S. and worldwide," said Holland. "The potential for our security technologies is outstanding and I am eager to get started with this new challenge."

SWAT: About the Business Units

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.

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.

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 proprietary, patent-pending "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. While Vizer has numerous systems installed, it is working on completing final hardware and software design in preparation for a mass production product.

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. ShiftWatch's open, standards-based architecture facilitates interoperability, easing management of the information and communication complexities and leveraging customers' investment in the future.

About Security With Advanced Technology, Inc.

SWAT is a leading provider of mission-critical security products and services, which include a variety of innovative non-lethal solutions, defense and tactical training services, security systems design and engineering, systems integration and installation, network-based facility access control systems, biometric systems, 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 protection segments.

For additional information visit www.swat-systems.com or call the corporate headquarters at (800) 498-7965. Information on SWAT's website does 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, including the company's ability to integrate the recent acquisitions, implement the Avurt, Veritas Tactical, Vizer, and ShiftWatch business plans, increase sales of its products, and enhance, execute and protect its technological capabilities, the efficacy of the company's products and technologies, whether the company will be able to release its new products as planned in 2007, and whether the company will resolve its supply chain issue for its ShiftWatch product, among others. 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