Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. IDO Security, Inc. (IDOI) Message Board

IDO Security Completes Install of MagShoe 3G Units

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | | Next


Post# of 262
Posted On: 05/15/2012 7:13:54 AM
Avatar
Posted By: Stock Buff

IDO Security Completes Install of MagShoe™ 3G Units in Fiumicino Airport in Rome, Italy


NEW YORK, NY&ndash Marketwire -05/14/12)- IDO Security ($ IDOI   0.45 ↓-1.64% ) , Inc. (OTC.BB: IDOI) , developer of the innovative MagShoe™ shoe scanning device (SSD), today announced that the Company has completed an order of the MagShoe™ 3G, installing multiple units in the Leonardo da Vinci-Fiumicino Airport in Rome, Italy. The tender offer was issued by the Italian Aeroporto di Roma through the Company’s local partner, ALCA, to supply and install the MagShoe at the airport’s domestic and international gates.


Leonardo da Vinci-Fiumicino Airport is located in Fiumicino, just 16 miles southwest of Rome. It is Italy’s first and largest airport and Europe’s sixth busiest airport with over 38 million passengers traveling through the airport. The airport currently has four terminals for domestic, international and intercontinental flights.


“This is not the first time Fiumicino Airport has ordered and installed the MagShoe units as part of their routine security process. The first MagShoe units, models of the second generation, were installed in Fiumicino in 2007. This new order expresses a vote of confidence by the ADR in the MagShoe and its technology,” commented Aldo Lombardo, President of ALCA srl.


Avishai Rotshtain, Marketing Manager for IDO Security, also commented, “We are proud to continue to serve one of Europe’s most vital airports with the installation of the new MagShoe™ 3G series. With the recent security breaches from the assassination attempt on the governor of Kandahar, Afghanistan to the bomb plots against U.S.-bound jets, there is urgency for airports around the world to enhance their existing security equipment. We continue to see strong endorsements of our product from the EU as the MagShoe™ 3G offers to close the security gap in detection of threats in the shoes and lower extremities which can be easily integrated into existing security checkpoints.”


About IDO Security, Inc.


Headquartered in New York with a subsidiary in Israel, IDO Security designs, develops and markets the patented MagShoe™ shoe scanning device (SSD). MagShoe™ fills a critical void in today’s detectors by extending screening to the lower body and feet. MagShoe™’s “shoes-on” design maximizes security, thoroughness and accuracy while eliminating the need to remove shoes for increased convenience and safety. The MagShoe™ is neither invasive nor harmful to the body as some of the other screening devices currently used in the marketplace. Ideal for security and loss prevention at virtually any facility, MagShoe™ is currently in use worldwide at international airports, cruise lines, government agencies, correctional facilities, mints and more.


For more information on the Company, please visit: http://www.idosecurityinc.com


Forward-Looking Statements:


This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections about our business and our industry, and that reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based upon our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed as a result of a number of factors, including but not limited to, anticipated trends and challenges in our business and the markets in which we operate, the ultimate market acceptance of our products, the sufficiency of existing capital resources, our plans for future products and enhancements of existing products, the ability to secure additional sources of financing, general economic conditions, the availability of competing products and changes in technology, legislative or regulatory changes that affect us and the risks and uncertainties discussed under the heading “RISK FACTORS” in Item 1A of IDO’s Annual Report on Form 10-K for the year ended December 31, 2011, and in our other filings with the Securities and Exchange Commission at www.sec.gov. We undertake no obligation to revise or update any forward-looking statement for any reason.


COMPANY CONTACT:


Investor Relations
Christopher Cox
347-855-5869
Media Relations
Mike Elliott
813-421-1701
Email Contact


http://www.idosecurityinc.com/2012/ido-securi...ome-italy/



(0)
(0)




IDO Security, Inc. (IDOI) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us