BPS initiates coverage on Suspect Detection Systems Inc. (OTCBB:SDSS)

On 22^nd October’14, BrilliantPennyStocks.com initiated coverage on SDSS. The stock moved up by 40% since the coverage was initiated.

Counter-terror and crime prevention technology platform provider Suspect Detection Systems Inc., (OTCBB: SDSS) announced in early August that It has entered into a New Distribution Agreement in Latin America. The tie up has been inked between the firm and one of the biggest defense technology contractor in the region.

Attempts To Expand Foot Print

Suspect Detection Systems Inc., (OTCBB: SDSS) over the years has been focusing its efforts to gain a strong foothold in the lucrative security products market of Latin America. It has over the years attempted to build working relationships with both the law enforcement as well as the private sector in Latin America to increase its revenue steam by selling its technology products to them. Thanks to these efforts, the proprietary “Cogito Technology” solution platform is being successfully used by agencies of many Latin American nations.

CEO Speak

While expressing happiness at the inking of this new distribution agreement, Suspect Detection Systems Inc., (OTCBB: SDSS) CEO Gil Boosidan commented that, "We are extremely pleased with our new distribution agreement with the major defense contractor, which we believe will lead to significant additional revenues." The CEO then went on to stress the need for the company to acquire new markets for its products in the untouched Central and South American market space.

Cutting Edge Product Offerings

Suspect Detection Systems Inc., (OTCBB:SDSS) over the year has arranged its business around the security solutions developed by its subsidiary Suspect Detection Systems Ltd. The products include the “proprietary counter terrorism and crime prevention technology” which helps law enforcement agencies to proactively detect and identify threat in real time and take proactive preventive measures rather than wait for the event to occur before taking action.

The patented technology allows law enforcement officials to detect the hidden "hostile intent" of would be assailants. This provides the agencies with a window of opportunity in which they can take counteractive measures to nip the hostile intent in the bud.

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