IDO Security Inc. engages in the design, development, and marketing of shoe scanning device (SSD) for the homeland security and loss prevention markets. The company’s devices are designed specifically for applications in the security screening to complement the 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. MagShoe The company has designed and developed a security screening 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 person’s footwear, as well as next to or above the ankles. The proprietary software included in the MagShoe provides for the collation and delivery of the screening data to the operator for immediate analysis. The MagShoe obviates the need to remove the footwear being inspected. The company’s technology is designed to distinguish between a person’s 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 integrate into and complement security screening arrays and systems. The generation MagShoe is portable and, depending on the model, weighs 48 kilograms (and can scan up to 18 inches from the base of the passenger’s footwear) and 33 kilograms (and scans up to 8 inches from the base of the passenger’s footwear) and can be deployed quickly by existing security personnel, who can integrate the MagShoe into their security routine. The MagShoe has been deployed and is in operation in various countries, including Israel, China, Spain, Poland, Thailand, the Czech Republic, Australia, Italy, Azerbaijan, the Philippines and Germany. The MagShoe acts as a complementary device to any and all walk through metal detectors, insuring that all who pass through have no metallic weapons in the area that the metal detectors are inherently weak. Service and Support Service and support for the company’s product is primarily provided by its independent distributors in consultation with the company. Strategy As part of the company’s evolving strategy, management also has been exploring options of integrating its SSD proprietary technology with other non-metallic based detection systems or incorporating it as a complementary technology to the existing walk through metal detectors (WTMD), thereby augmenting the security equipment and procedures used throughout the world. Patents The company holds two patents. One patent was issued by the United States Patent and Trademark Office (USPTO) and the other by the State of Israel. These patents cover various aspects of its unique technology for the detection of metal objects in and around the areas of the shoes, ankles and lower extremities. The company also holds the trademark to the name MagShoe in both the United States and Israel. Research and Development During its 2013, the company incurred $53,202 on the research and development of the MagShoe product.
ido security inc (IDOI:OTC US)
7875 SW 40th Street
Miami, FL 33155
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