DICUT, Inc. Looks to Share in the Estimated $31 Billion Advanced Security Solutions Marketplace.Business Editors/High-Tech Writers MARIETTA, Ga.--(BUSINESS WIRE)--Sept. 19, 2003 DICUT, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). .BB: DCUT), an advanced security solutions provider, has released expenditure estimates of published expectations for the advanced security solutions marketplace over the next 12 months. The estimates are made up of the market segments in which DICUT currently competes. The size of each market segment is based on industry estimates, past expenditure levels, and estimated growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. . DICUT, through its Aurora Aurora, cities, United States Aurora (ərôr`ə, ô–). 1 City (1990 pop. 222,103), Adams and Arapahoe counties, N central Colo., a growing suburb on the east side of Denver; inc. 1903. Biosecurity Solutions and Detect-X divisions, is looking to eventually take an estimated 2% share of the combined multi-billion dollar marketplace. The competitive market segments that DICUT participates in and their estimated annual expenditures are; Biometric bi·o·met·rics n. (used with a sing. verb) The statistical study of biological phenomena. bi access controls, $2 billion; Security software/applications, $1.3 billion; Security integration and consultation, $8 billion; Security - hazardous substance detection, $14 billion; Healthcare - biochemical bi·o·chem·is·try n. 1. The study of the chemical substances and vital processes occurring in living organisms; biological chemistry; physiological chemistry. 2. detection, $2 billion; Industrial - process controls, $4 billion. The estimated combined total that these market segments will generate over the next 12 months is over $31 billion. Based on conservative estimates, DICUT believes that it can eventually compete in approximately 2% in each of those segments. Aurora Biosecurity Solutions provides fully automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. , complete biometric products and systems that grant or deny access to facilities, networks, e-transactions, online testing, and PCs with no human intervention. Aurora's iPass(TM) products and systems prevent unauthorized access and identity fraud, significantly enhancing security without passwords or PINs. DICUT's Detect-X division is continuing development on a line of Universal Detection Devices that employ a proprietary suite of sensors for use in the security, agricultural, and medical fields. "With increased terror threats around the world and the intense focus on security and safety in both the public and private sectors, DICUT continues to aggressively compete in the rapidly growing advanced security solutions field," said Pierre Quilliam, president of DICUT, Inc. "Our Aurora Biosecurity Solutions and Detect-X divisions are each working on products and systems that are easy to install, simple to use, and provide enhanced security solutions based on real and current worldwide needs. We are aiming to a sales target of our products and systems of up to 2% of the security solutions market in the near future. Based on our conservative estimates, DICUT, Inc. will continue to be a leading advanced security solutions provider." Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements contained herein which are not historical are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. |
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