News / Finance
QualityStocks.net News – Universal Detection Technology (UDTT.OB) Signs Chinese Distribution Agreement – 1/31/2008
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Universal Detection Technology (OTCBB: UDTT) is one of our highlighted companies this month. The company is focused on developing, marketing, and distributing a large range of products purposed to combat the threat of terrorism. The company offers sophisticated surveillance equipment as well as cutting-edge airborne pathogen, radiation, and bioterrorism detection technology.
In our client’s news today,
Universal Detection Technology announced that its products will be marketed and distributed in China as stated in an agreement signed with Kadinuo Science and Technology Company in Beijing. The distributor has been focused on the introduction and promotion of advanced radiation instruments in China for more than 10 years.
Currently, Kadinuo Science and Technology is supplying emergency nuclear monitors, environmental radiation monitors, decontamination technologies, and other similar devices. Universal Detection Technology’s BSM-2000 and other various bioterrorism and radiation detection technologies are expected to be a great match for Kadinuo’s current products and services.
Kadinuo has developed relationships with over 200 customers in the Chinese market, 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. For the last two consecutive years, Kadinuo has won 13 and 16 government bids, respectively.
Mr. Jacques Tizabi, UDTT’s Chief Executive Officer, stated, “China is a vast market and the fastest growing economy in the world. We are excited about our agreement with a major regional power for distribution of our products and we look forward to establishing a strong market in China.”
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