MIAMI, FL -- (MARKET WIRE) -- 03/20/08 -- Wall Street Press Wire (www.WallStreetPressWire.com) is please to highlight its "stocks on the move" for Thursday. Our list includes: Universal Detection Technology (OTCBB: UDTT), Adobe Systems Incorporated (NASDAQ: ADBE), Tyco International (NYSE: TYC) and Apple Inc. (NASDAQ: AAPL).
Wall Street Press Wire is pleased to announce it has begun its in-depth coverage of Universal Detection Technology (OTCBB: UDTT), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats, and a provider of counter-terrorism consulting and training services.
Wednesday after the markets closed, the company issued an important press release announcing that it has received a purchase order from its Chinese distributor for bioterrorism detection kits.
This news should be welcomed by the company and its investors! The purchase order has been placed by Kadinuo Science and Technology in Beijing. Kadinuo Science and Technology has been active in introduction and promotion of advanced radiation instruments in the Chinese market for over 10 years. Presently, the company is a strong regional supplier of emergency nuclear monitors, environmental radiation monitors, decontamination technologies, and the like.
"We are very pleased to have received our first purchase order for these products from China. This is obviously a very large market and like any other has security concerns, relating to threat of Biological Weapons and Toxins and we are glad to be providing our solutions in countering these threats," said Jacques Tizabi, CEO of Universal Detection Technology.
In the press release the company notes that there have been recent reports of terrorist activity in China. The Chinese Government has warned that terrorists pose the biggest risk to this summer's Olympic Games in Beijing. Officials say they foiled two plots, one to bring down an airliner, and another to disrupt the summer games. The Chinese government has also stepped up efforts in bio-security to ward off possible bioterrorism during the coming Olympics.
A biological attack can be carried out by a single individual that aims to disrupt society. The latest ricin incident in Las Vegas illustrates how a terrorist equipped with just an anarchist handbook and castor beans made one of the deadliest poisons known to man with the intend to cause harm.
Wall Street Press Wire's in-depth profile for Universal Detection Technology is available at: http://www.wallstreetpresswire.com/page.php?BN_UID=38.
The stock closed Wednesday at under a Penny a share.
About the company: UDTT is a supplier of counter terrorism services and technologies to private and government organizations. The Company owns the license to a patented technology developed at NASA's JPL and utilized in UDTT's BSM-2000 used for autonomous monitoring of the air for presence of airborne bacterial spores such as anthrax. UDTT also supplies detection kits for detection of up to 5 bioterrorism agents. Among the Company's other products are radiation detection systems, educational material & training DVDs, and antimicrobial chemicals.
UDTT's BSM-2000 and other bioterrorism and radiation detection technologies are anticipated to be a great match for Kadinuo's present products and services. Kadinuo has established relationships with more than 200 customers in China including government administrators, such as the Chinese State Environmental Protection Administration, Chinese Center for Disease Control and Prevention, Administration of Quality Supervision, Inspection and Quarantine of China, and the Public Security Bureau. In 2006 and 2007, Kadinuo has won 13 and 16 government bids respectively.
Adobe Systems Incorporated (NASDAQ: ADBE) up 9% on 25.1 million shares traded.
Adobe revolutionizes how the world engages with ideas and information -- anytime, anywhere and through any medium.
Tyco International (NYSE: TYC) down 1.2% on 4 million shares traded.
Tyco International is a diversified, global company that provides vital products and services to customers in more than 60 countries. Tyco is a leading provider of security products and services, fire protection and detection products and services, valves and controls, and other industrial products.
Apple Inc. (NASDAQ: AAPL) down 2.3% on 36 million shares traded.
Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Today, Apple continues to lead the industry in innovation with its award-winning computers, OS X operating system and iLife and professional applications.
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