International Drug & Explosives Detection Company IDenta Corp. Signs Marketing Agreement With Company From China
07 Dezember 2011 - 3:40PM
Marketwired
IDenta Corp. (PINKSHEETS: IDTA) CEO Yaacov Shoham today made the
following announcement:
Mr Shoham stated, "We have recently signed a long term agreement
with a company from China -- regarding China, Hong Kong and
Macao.
"We have been negotiating with the Chinese company for a few
months, doing due diligence about the company and at the same time,
the local company has investigated the market size for our kits
(drug detectors) in China, and the different ways to market
them.
"The results of the investigation were that the markets in the
Homeland Security industry in China are huge for IDenta's drug
detectors. It is a possibility for sales of many millions of kits
per year. It is a 'virgin' market currently using a very small
quantity of drug detectors manufactured by other companies. The
current drug detectors being used in China are at a very
'primitive' level and are expensive. The Chinese markets are large,
almost like the USA markets (Homeland Security) but with a huge
advantage because it is centralized and we will not have to deal
with each police department like in the states."
The local company is AST - Asia Science & Technology, a
division of Asia Group Corporation Ltd. www.asiacorporation.net
(English version still under construction), a very well connected
company in China.
In the contract signed with the company, there are different
scenarios concerning how to penetrate the Chinese markets.
IDenta's entire product line may be found at
www.IDenta-corp.com, www.drugsdetector.com and www.IDenta.biz
ABOUT IDENTA Since 2003, IDenta Corporation has been recognized
as a worldwide leader in the development of proprietary on-site
drug, drug precursor and explosive detection kits. IDenta develops,
manufactures and distributes products for both the professional and
civil markets which consistently pass the highest qualifications
and testing procedures of law enforcement and security agencies
around the world.
DISCLAIMER
Certain of the statements contained herein may be, within the
meaning of the federal securities laws, "forward-looking
statements" that are subject to risks and uncertainties that could
cause actual results to differ materially from those described in
the forward-looking statements. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of
the company to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking statements. These forward-looking statements are
based on management's expectations as of the date hereof, and the
company does not undertake any responsibility to update any of
these statements in the future.
For Investor Relations, lobbying interests or information
concerning IDenta's products internationally or the development of
new chemical detectors, contact: Yaacov Shoham, IDenta Corp., CEO,
Tel: +972-52-6554487, fpi@drugsdetector.com, www.drugsdetector.com,
www.identa.biz, www.identa-corp.com.
Contact: Yaacov Shoham CEO IDenta Corp. Tel:
+972-52-6554487 fpi@drugsdetector.com http://www.identa.biz
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