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American Company Spotlight

 

TraceGuard Technologies Inc. Website: Click Here

Exchange: OTCBB
 

Market Cap: 31.6 Million

Outstanding Shares: 22.58 Million

52 Low / High: $0.70 / $4.59

Price June 16, 2006: $1.40

TCGD Recent Stock Quote and News: Click Here

Information As Of June 16, 2006

''Meeting the demand for better explosive detection"

"Losing the war on terror is not an option. But with all 21 out of 21 airports failing to detect explosives being smuggled onto aircraft in a recent US government-sponsored sting operation, luggage screeners are clearly working with inadequate solutions."

"The market is demanding better explosive detection. TraceGuard is dedicated to meeting this demand."


Overview

TraceGuard Technologies, Inc. develops solutions for the Homeland Security market. The Company's automated trace extraction and collection systems are designed to help in the detection of explosives, drugs and biological contaminants.


Investment Highlights

  • The company believes that its patent-pending automatic trace extraction technology is a highly effective non-destructive physical method of determining the presence of explosives, drugs and biological contamination.
  • In a sting operation (October 05 - January 06), GAO (Government Accountability Office) investigators were able to smuggle explosives past screeners in their carry-on luggage in 21 out of the 21 U.S. airports tested (Source: EE Times Online.) Making air transport more secure has emerged as a top priority for Homeland Security and similar agencies. Over 4 billion pieces of carry-on and checked luggage are screened each year worldwide. This is expected to reach 7 billion pieces by 2010.
  • The company is developing solutions targeted at airport authorities that need to effectively and economically screen billions of Carry-on and Checked Baggage items without disrupting passenger flow.
    The trace collection modules and solutions being developed by TraceGuard are designed to augment screening technologies already being deployed in transportation facilities, and to automate the extraction process with a very high level of accuracy.
  • Because CarrySafe and other systems being developed by TraceGuard are designed to be integrated into - and not to replace - existing screening hardware, airport authorities should be able to maintain their existing investment in equipment without incurring any significant extra cost.
  • The Company is receiving media attention, most recently when Chairman and CEO Dr Ehud Ganani was interviewed by Diane Brady. A video of the interview featured in a recent issue of BusinessWeek Online, described Dr. Ganani as Israel's "defense guru."
     
 

Product Information

CarrySafe - an automated trace explosive extraction system for carry-on luggage

The company is currently in the advanced development stage of its CarrySafe system,. CarrySafe is designed to automatically extract and collect particle residue of explosives from suspect carry-on luggage during the airport security screening process. At the core of the CarrySafe system is TraceGuard's proprietary automated trace explosive extraction method, which is designed to be sensitive enough to collect very small traces of anyone who handled the explosives. Designed to deliver greater accuracy and speed than screening solutions based on manual checking, CarrySafe should help shorten passenger lines.

Future Products Under Development

HoldSafe - screening system for checked-in hold luggage

HoldSafe is designed to be easily integrated into existing CT-EDS (Computer Tomography Explosive Detection Systems). Using a similar automated explosive trace extraction process as CarrySafe, HoldSafe is designed to be based on an automatic "Go/No Go" decision, and to be independent of operator skill, experience or motivation. By integrating HoldSafe into the equipment already deployed in the screening process, airport authorities should require no significant infrastructure changes.

CargoSafe - screening system for palletized cargo

Based on the Company's automated trace extraction technology, CargoSafe is designed to deliver a more efficient cargo screening solution. Currently, only a small percentage of the 12.5 million tons of cargo carried each year is checked for suspicious materials. Making CargoSafe part of cargo screening should help reduce the risk of explosives being transported in palletized airborne cargo.
 


Advisory board

In order to optimize its ability to achieve certification by regulatory agencies, TraceGuard's Advisory Board is composed of world renowned national security experts, former high ranking officers in the Israeli Security Services, and key consultants in the field of HomeLand Security, Transportation Security and Strategic Planning:

  • " Mr. Uri Chen - former key "Mossad" top executive with close links to national security agencies worldwide.
  • " Mr. Yacov Amidror - former high-ranking Israeli Military Intelligence Corps officer. A world expert in anti-terrorism. Serves as advisor to US Government national security think-tank.
  • " Mr. Arie Yakuel -former head of Strategic Planning with the equivalent rank of Major General. He was also head of Israel's Bomb Squad, and oversaw the Police Force's R&D efforts in the explosives detection and neutralization
  • " Mr. Avi Kostelitz - Among the world's leading experts in airport security. Former CEO and Director General of the Israel Airport Authority.
     

Market segments

TraceGuard is targeting a number of markets. Future applications planned for the product pipeline:

  • Explosive detection: transportation terminals, border crossings, shopping centers, public events
     
  • Drugs detection: prisons, border crossings, schools
     
  • Biological threats such as Anthrax: Mail services
     
  • Food safety: agricultural produce
     
  • Contamination: organic foods, pharmaceutical
     

Technological Benefits

TraceGuard technology is designed to deliver the following benefits in relation to existing manual trace detection:
 
  • Automatic (rather than manual) trace collection from within enclosures / closed luggage
     
  • Extraction of smaller quantities of trace materials
     
  • Faster inspection time
     
  • No dependence on operator skill, experience, motivation or alertness
     
  • Reduced labor costs
     
Integrating TraceGuard technology with existing bulk detection systems such as X-Rays should deliver the following benefits:
 
  • Improved security
     
  • Better passenger throughput
     
  • Shorter lines
     
  • Fewer security personnel
     

Recent News and Press Releases

TraceGuard Presents at Major Investment Conferences in New York (June 15, 2006)

TraceGuard Chairman/CEO Dr. Ehud Ganani Featured on BusinessWeek Online (May 30, 2006)

TRACEGUARD TECHNOLOGIES, INC. Financials (May 26, 2006)

TraceGuard Inaugurates New State-Of-The-Art Research and Development Facility
(May 18, 2006)

TraceGuard Announces CarrySafe Explosive Trace Extraction System for Use in Airports, Subway Facilities; Fully Automated System Will Increase Accuracy Levels, Shorten Inspection Times of Carry-on Bag Security Screening (May 16, 2006)

TraceGuard: Making the World Safer, One Bag at a Time; Automated Trace Detection System Helps Transportation Security Personnel Screen Carry-On Luggage for Explosive Material, Contraband (April 26, 2006)

Trace Extraction and Collection Specialist TraceGuard Select S&S Public Relations, Inc.
(April 11, 2006)

TraceGuard To Unveil Exclusive Airport Security Technology At ValueRich Small-Cap Financial Expo in Miam (March 6, 2006)

 
 

Contacts

Head Office
330 Madison Avenue, 9th FL
New York, NY 10017
TL: (646) 495 5277
TL: 1866 401 5969
FX: (646) 495 5009
traceguard@traceguard.net

R&D Center
6 Ravnitzki St.
Petach Tikva 49277 Israel
TL:+ 972 3 912 5000
FX:+972 3 913 3335
rnd@traceguard.net
 

Sales Office
2011 Crystal Drive, Suite 400
Arlington VA 22202
TL: (703) 682 6912
FX: (703) 682 6804
sales@traceguard.net
 


 

 

 

 

 

FORWARD LOOKING STATEMENTS

This report includes forward-looking statements that reflect TraceGuard Technologies, Inc. current expectations about its future results, performance, prospects and opportunities. TraceGuard Technologies, Inc. has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "we are confident" or similar expressions. These forward-looking statements are based on information currently available and are subject to a number of risks, uncertainties and other factors that could cause TraceGuard Technologies, Inc.'s actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks, uncertainties and other factors include, without limitation, the Company's growth expectations and ongoing funding requirements, and specifically, the Company's growth prospects with scalable customers, and those outlined above. Other risks include the Company's limited operating history, the Company's history of operating losses, consumers' acceptance, the Company's use of licensed technologies, risk of increased competition, the potential need for additional financing, the terms and conditions of any financing that is consummated, the limited trading market for the Company's securities, the possible volatility of the Company's stock price, the concentration of ownership, and the potential fluctuation in the Company's operating results.


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AllPennyStocks.com feature stock reports are intended to be stock ideas, NOT recommendations. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in this report was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. For more information see our disclaimer section, a link of which can be found on our web site. This document contains forward-looking statements, particularly as related to the business plans of the Company, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Actual results may differ materially from the Company's expectations and estimates. This is an advertisement for TraceGuard Technologies, Inc. The purpose of this advertisement, like any advertising, is to provide coverage and awareness for the company. The information provided in this advertisement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country.

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