Electronic Sensor Technology Receives More Than $2 Million Order from The People's Republic of China.NEWBURY PARK, Calif. -- Electronic Sensor Technology (EST EST electroshock therapy. EST abbr. electroshock therapy ) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ESNR ESNR European Society of Neuroradiology ESNR Effective Signal-To-Noise Ratio ), a leading provider of innovative homeland security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States and environmental solutions, announced the receipt of additional orders totaling more than $2 million for instruments and accessories from EST's distributor in China, Beijing R&D Technology, Co. Ltd. These orders are one of the largest single orders EST has received to date from China. These orders are driven by China's recently announced pollution clean-up efforts, estimated to cost about $136 billion. "We are excited by these significant additional orders, and I believe they are representative of our continuing long-term relationship with our Chinese distributor," said Dr. Teong Lim, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of EST. "We expect The People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China to use the zNose[R] instruments as a major part of the their continuing efforts to improve their environment." More information on the use of the zNose[R] for environmental applications can be obtained by clicking the following link: http://www.estcal.com/TechPapers/Environmental/EnvironmentalProtection 2006.pdf. (Due to its length, this URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) About Electronic Sensor Technology: Founded in 1995, Electronic Sensor Technology has developed and patented a chemical vapor analysis process. We believe that the Company's product line is positioned to eliminate key vulnerabilities in the homeland security market, specifically in military applications, maritime port and border security applications. SEC Filings and 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. This press release includes forward-looking statements, including the Company's expectations regarding its ability to develop and access capital markets and its ability to achieve expected results in the chemical detection and analysis industry. The forward-looking statements are identified through use of the words "potential," "anticipate," "expect," "planned" and other words of similar meaning. These forward-looking statements may be affected by the risks and uncertainties inherent in the chemical detection and analysis industry and in the Company's business. The Company cautions readers that certain important factors may have affected and could in the future affect the Company's beliefs and expectations, and could cause the actual results to differ materially from those expressed in any forward-looking statement made by or on behalf of the Company. For a discussion of these factors, please refer to our recent filings with the Securities and Exchange Commission, including our most recent report on Form 10-KSB. The Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date hereof. |
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