Beacon Equity Research Updates Coverage of Sense Holdings, Restates 12-Month Target Share Price $0.75; Reports Notes Strengthened Patent and License Portfolio in Biometric and Explosive Detection for Homeland Security Markets
Key among those developments is the Company's recent filing of a new explosives detection technology patent based on Micro Electro-Mechanical Sensors (MEMS), which brings Sense's total exclusive worldwide patents and licenses, pending and issued, to 12.
“In light of the positive news announcements and promising business prospects since our initial coverage of the Company on October 14, 2005, we reiterate our 12-month price target of $.75 for Sense Holdings, Inc. at this time”
"In the highly competitive Homeland Security space, we see a depth of patent protection as a key for any company seeking to take a leadership position," the Beacon report update notes.
In addition, Sense also has recently expanded its worldwide licensing and patent agreements with the Oak Ridge National Laboratory, the report notes. "With that agreement, Sense now owns all worldwide exclusive licenses and patents related to the sale, manufacturing and distribution of this handheld detection system, as well as to all its potential applications for the detection of landmines, unexploded ordnance, chemical warfare agents and narcotics," the update notes. "In addition, the Company has rights to acquire the field of use for all biological warfare agents."
The update, which follows on the heels of a comprehensive, research report issued on Oct. 19, paid for by Sense Holdings, reiterates Beacon's initial long-term projected target share price. "In light of the positive news announcements and promising business prospects since our initial coverage of the Company on October 14, 2005, we reiterate our 12-month price target of $.75 for Sense Holdings, Inc. at this time," the report update notes.
"The potential market for explosive detection units is enormous," said the report update. "Terrorism threats involving explosives are not only a concern of those in the U.S., but for virtually every country in the world now. It is very likely that as the technology evolves, handheld explosive detection devices will comprise a large part of this market in the future."
To read the updated report, produced under compensation terms described below, please visit http://www.BeaconEquityResearch.com.
About Beacon Equity Research
Beacon Equity Research is committed to producing the highest-quality investment research, and helping investors make informed decisions. Our focus is primarily on the underserved small cap market, which has traditionally been shunned by Wall Street. We have no investment banking or consulting relationships with the companies we cover, removing an inherent conflict of interest typically found in most research firms. The companies we feature have agreed to enroll in our research program for a set period and have also agreed to pay an upfront fee to defray the costs of research, publishing and distribution. Our analysis and conclusions are therefore made independently from outside pressures. We seek to explore every pertinent aspect of a company's business and make investors fully aware of the potential risks and rewards involved with the company's stock. All of our reports are co-authored and approved by a Chartered Financial Analyst (CFA), one of the most prestigious designations in the securities industry. As a CFA holder, our analysts are bound by the AIMR code of ethics.
About Sense Holdings, Inc.
Sense Holdings is a developer of next-generation biometric identification systems, and nanotechnology-based micro-sensor technologies for government, military and commercial security marketplaces. The Company's wholly-owned subsidiary, Sense Technologies, deploys proprietary biometric technology based on advanced fingerprint technology and biometric integration to create a range of solutions for prisoner identification, time and attendance, access control applications and other markets. Sense's major customers include the U.S. Army, the U.S. Department of Corrections, Federal Express, and American Airlines. A second wholly-owned subsidiary, MSTI, is an emerging nanotechnology-based explosives detection technology development division developing a pipeline of advanced bomb detection technologies, including a prototype handheld explosive detection wand device for Homeland Security applications in airports and other security checkpoints. This hand-held detection alternative is designed to be a cost-effective solution with extremely high detection sensitivity and real-time operability. Currently, a proof-of-principle prototype is undergoing further research and development at the U.S. Oak Ridge National Laboratory. For investor-specific information about Sense Holdings, including recent share price data and news announcements, please visit http://www.trilogy-capital.com/tcp/sense. To view or download an Investor Fact Sheet about the Company, please visit http://www.trilogy-capital.com/tcp/sense/factsheet.html. Sense is also listed on the Frankfurt Stock Exchange under the ticket symbol, OUP. For other information, please visit http://www.senseme.com.
This presentation includes statements that may constitute "forward-looking" statements, usually containing the words "believe", "estimate", "project", "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products and services in the marketplace, the ability of the Company to develop effective new products and receive governmental approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's filings with the U.S. Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
Beacon Equity Research (otherwise known as BER) is an independent research firm specializing in small and micro capitalization companies. BER has no investment banking or consultation conflicts thereby minimizing the inherent conflicts of interest between the research analysts and the companies they cover. BER is not a registered investment advisor or broker dealer. No information in this report should be construed as an endorsement to either buy or sell any securities mentioned in this report. The analyst(s) who prepared this report rely on publicly available information which neither the analyst, nor BER, can guarantee to be error-free or factually accurate. All conclusions in this report are deemed reasonable and appropriate by the author. At the time of this report, Beacon Equity Research has been compensated nine thousand dollars by Sense Holdings to initiate enrollment in its research program. All decisions are made solely by the analyst and independent of outside parties or influence. The Private Securities Litigation Reform Act of 1995 provides investors a "safe harbor" in regard to forward-looking statements. To fully comply with the requirements of this law, BER cautions all investors that such forward-looking statements in this report are not guarantees of future performance. Unknown risk, uncertainties, as well as other uncontrollable or unknown factors may cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements. Investors should exercise good judgment and perform adequate due-diligence prior to making any investment. In accordance with the "Standards for Independent Research Providers" issued by the FIRST Research Consortium, BER makes the following assertions: ratings and price targets in this report should not be construed as recommendations or stock price predictors. Conflicts are inimical to credible professional research; however, the analysts responsible for this report publicly state that they do not own a stake in any of the companies covered in this report. Neither they nor principals of this research provider are permitted to trade any form of equities of companies being covered prior to research being initiated.
Readers of this report are urged to use due diligence in any purchase of security list herein. Readers should consult the Company's SEC filings as well as our initial report on the firm to better understand the inherent risks associated with this security. Uncontrollable or unknown factors may cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements. Investors should exercise good judgment and perform adequate due-diligence prior to making any investment.