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SITS Southern ITS International Inc (PK)

0.055
0.00 (0.00%)
Last Updated: 19:02:13
Delayed by 15 minutes
Share Name Share Symbol Market Type
Southern ITS International Inc (PK) USOTC:SITS OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.055 0.046 0.05 0.00 19:02:13

Alco Advanced Technologies, Inc. Introduces Its Air Cargo Electronic Inspection Service Program

01/11/2010 2:36pm

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Alco Advanced Technologies, Inc. (PINKSHEETS: ALCD) announced today that the Company is extending its Sea Port Electronic Container inspection service program to Airport cargo inspection. The new program will include inspection for cargo containers as well as any type of parcel and luggage before being shipped to another country or transported inside the country.

Alco's turnkey services include all the scanning equipment required to secure aircraft travel using state of the art X-ray scanners, radiation detectors and chemical & explosive detection sensors. The service includes all the required professional personnel to operate and analyze the collected information and provides continuous training to various government agencies. The service does not require upfront investment from the airport and the fees are charged via a small inspection fee for each cargo piece inspected and is paid by the shipper.

Alco has been negotiating with several South American countries concerning its new Air cargo scanning and global port of entry scanning service program that includes airport, sea port and overland transportation. Alco's Management team is promoting the increase in collaboration between the public and private sector. For the USA and other countries the only way to increase security and eliminate terrorist attacks will depend on individual awareness, public and private sector. "The war on terrorism is too important to rely only on one group," said Alberto Surijon Alco CEO. "The increase in demand on Alco's electronic inspection service program around the world is a clear sign that countries are now conscious of the problem and now starting to act on it. The past weeks incidents are showing how vulnerable we still are and we have to act now."

Safe Harbor Statement: Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

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