Princeton Security Technologies, Inc. (PSGY) to Expand Its Distribution for Radiation Identifier Products
(firmenpresse) - PRINCETON, NJ -- (Marketwire) -- 03/07/12 -- Princeton Gamma-Tech Instruments, a wholly owned subsidiary of Princeton Security Technologies, Inc. (OTCBB: PSGY), announced that it had signed a distribution agreement for its identifier products with Rae Systems Inc., a San Jose, California based company which specializes in chemical and radiation detection products. Rae Systems made a sizeable commitment to purchase minimum quantities per year and will add more geographical depth to Princeton's product distribution.
Recently, Princeton Gamma-Tech Instruments received sizeable orders from its Chinese distributors for its Radiation Identifier Products. Therefore Company's existing order backlog and 2012 commitments is currently approx. $2 million, where all the product deliveries are expected to take place between March and the year end.
About Princeton Security Technologies, Inc.:
Princeton Security Technologies, through its wholly owned subsidiary, Princeton Gamma-Tech Instruments, Inc (PGT), is a leading developer of Radiation Isotope Identifiers, Radiation Area Monitors and High Purity Germanium detector technology for Nuclear Power plants, Homeland Security, National Research Laboratories, and overseas nuclear safety agencies.
Further information regarding Princeton Security Technologies can be found at
Investor Contacts:
Trupti Mehta
(609)924-7310
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Datum: 07.03.2012 - 17:58 Uhr
Sprache: Deutsch
News-ID 122822
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PRINCETON, NJ
Kategorie:
Electronics & Communications
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