ATLANTA, Jan. 21, 2009 (GLOBE NEWSWIRE) -- OTC Stock Review announces that it has initiated coverage of Universal Detection Technology (OTCBB:UNDT). Universal Detection Technology, headquartered in Beverly Hills, CA, is a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats.
We are impressed with Universal Detection Technology since the Company has been in the news dozens of times over the last few months with orders from the U.S. Government and numerous municipalities. For the quarter ending September 30, 2008, Universal Detection Technology posted a 6,000% increase in revenues from the previous year. In our opinion, Universal Detection Technology's revenues should continue to increase as sales of its bioterrorism products take off and the Company continues to diversify its activities.
The reason behind Universal Detection Technology's success stems from its August 2002 Technology Affiliates Agreement with NASA's Jet Propulsion Laboratory (JPL) to develop technology for its bioterrorism detection equipment. Under the Technology Affiliates Agreement, JPL developed its proprietary bacterial spore detection technology and integrated it into Universal Detection Technology's existing aerosol monitoring system, which resulted in the BSM-2000.
Universal Detection Technology is growing fast. The stock is trading near an all time low, but showing signs of tremendous strength as the volume increases. In our opinion, we believe Universal Detection Technology offers investors an unparalleled opportunity in both the near term and long term.
The complete report is available at http://www.otcstockreview.com/files/UNDT/UNDT_Review.pdf.
Additionally, more information on Universal Detection Technology is available at www.udetection.com.
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