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Guardian Technologies Announces Completion of First Commercial Contract for PinPoint™ Tuesday, January 29th, 2008 Contract Further Validates Company’s High-Growth Business Model and Provides Model for Global Deployment of Cutting-Edge Threat Detection Product HERNDON, Va. — Guardian Technologies International, Inc. (OTCBB:GDTI), innovators of groundbreaking threat detection technology with critical and immediate applications for the homeland security and healthcare markets, has received the first commercial contract for the Company’s cutting-edge threat detection PinPoint(TM) product. The order was made by the National Bodyguard Association of Russia (NAST), a high-profile, nationwide security organization charged with securing key Russian interests. The milestone commercial order is a major validation of Guardian’s high-growth business model. The Company is now officially commercializing its PinPoint threat detection product for airport security checkpoints and other key government facilities. “We could not be more pleased to announce that Guardian has successfully turned a cutting-edge threat detection technology into a revenue generating product line,” said Michael Trudnak, Chief Executive Officer of Guardian Technologies International. “Not only is it an honor to be providing products to NAST, we believe the introduction of PinPoint in Russia will serve as model for deployment across the global market.” Guardian Technologies, through its Russian agents and partners, has accelerated business development activities to market the advantages of PinPoint throughout Russia and is receiving great acceptance for multiple market applications. Not only will PinPoint be used for aviation security but also for facility security applications “We have purchased PinPoint after exhaustive testing and performance benchmarking by NAST,” said Dmitry Fonareff. “We see immediate applications for the Russian security industry. We believe that we can promote PinPoint throughout the Russian Federation with tremendous success.” NAST was established in Moscow in December of 1995 by former officers of the KGB 9th Directorate. Dmitry Fonareff is a founding member and currently serves as the firm’s President. NAST is the sole organization working to establish and control a professional approach to security in Russia. Since 2004, the association has been an official supporter for “Edinaya Rossia”–the main political party of Russia. The Russian marketplace represents an immediately addressable opportunity for airports in Russia in excess of a $50 million, with much larger market opportunities for other key infrastructure locations. Russia is the second largest market for Guardian and will be the first market in the world to deploy the threat detection capabilities of PinPoint. Guardian’s PinPoint platform and product suite is protected by a robust patent portfolio. The Company is developing new technologies and plans to acquire complimentary technologies to accelerate their high-growth business model. About Guardian Technologies International The impact of Guardian’s industry-first computer aided detection technologies are immediate and profound for helping to eliminate human error in both the Homeland Security and the Medical Industry sectors. The Company’s software solutions can be seamlessly installed to compliment existing imaging devices, such as baggage scanners and medical MRI, to scan the contents of any image and immediately identify items of interest not easily discernable by the human eye. * Airport Security: Guardian’s technology compliments and enhances current-generation baggage x-ray scanners with the ability to automatically and effectively detect, locate, and identify explosives and other types of threats. * Disease Identification: Existing medical imaging devices used in Computer Aided Detection (CAD) are further improved with Guardian’s auto-diagnostic ability to detect anomalous tissue (e.g., tumors) and other potential disease states or conditions. * Technology-Independence: Because Guardian’s technologies utilize and process the actual image output generated by the original imaging systems, virtually any existing or future imaging device can be upgraded with Guardian’s products, delivering an instant, multi-billion dollar potential customer base with no competition. Guardian’s technology and product development partnerships include a Cooperative Research and Development Agreement (CRDA) with the U.S. Department of Homeland Security- Science and Technology Directorate. The Company’s platform and product suite is protected by a robust patent portfolio. They are also ramping up new technologies and plan to acquire complimentary technologies to accelerate the Company’s high-growth business model. |
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