Ido Security Inc (IDOI)

Description:

IDO Security Inc was incorporated in the State of Nevada on January 23, 2004. The Company is engaged in the design, development and marketing of shoe scanning device (SSD) for the homeland security and loss prevention markets that are used in security screening procedures to detect metallic objects concealed on or in footwear, ankles and feet through the use of electro-magnetic fields. These devices were designed specifically for applications in the security screening to complement the current methods for the detection of metallic items during security screenings and at security checkpoints in venues such as airports, prisons, schools, stadiums and other public locations requiring individual security screening. The Company has been engaged in the design, development, manufacturing and marketing of a shoe scanning device for the homeland security market that are used in security screening to detect metallic objects (both ferrous and non-ferrous) concealed on or in shoes, ankles and feet through the use of electro-magnetic fields, without the need of removing shoes. The Company has designed and developed a security screening footwear and lower body device containing proprietary and patented technology known as the MagShoe. The MagShoe creates specific electro-magnetic fields that can intelligently detect the presence of metallic objects inside a persons footwear, as well as, up to 45 centimeters from the ground level. The proprietary software included in the MagShoe provides for the collation and delivery of the screening data to the operator for immediate analysis. Its technology is designed to distinguish between a persons left and right shoe, analyzing anomalies for each foot but also for both together, and provides comparative screening results. The technology allows for both the detection and assessment of possible threats from the shoe and ankle area posed by foreign metal objects based upon the analysis of the detected metal material(s) and their location in shoes. The MagShoe device has been designed to be portable and to integrate into and complement current security screening arrays and systems. The Company conducts its main design and production operations in Israel through its wholly owned subsidiary IDO Ltd. and revenues are derived mainly from shipments to customers in the United States as well as Asian and European countries.