UNIVERSAL SECURITY INSTRUMENTS, INC. Introduces New Photoelectric Smoke Alarm.Business Editors OWINGS MILLS, Md.--(BUSINESS WIRE)--March 11, 2002 UNIVERSAL SECURITY INSTRUMENTS, INC. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : USEC USEC Microsecond USEC United States Enrichment Corporation USEC United States East Coast USEC Unity Security Force (gaming) USEC Universal Services Echo Canceller USEC Umts Security USEC User Based Security Model ) is pleased to announce that its new Photoelectric Converting photons into electrons. When light is beamed onto a metal, electrons are released from its atoms. The higher the light frequency, the more electron energy released. Photonic sensors of all kinds work on this principle. They sense light and cause an electric current to flow. smoke alarm has been approved for listing by Underwriters Laboratories (UL). The Company said that the addition of this Photoelectric smoke alarm to its product line will allow the Company to open new markets; as many municipalities and states require both Ionization and Photoelectric smoke alarms. Photoelectric smoke alarms are generally more effective at detecting slow, smoldering smol·der also smoul·der intr.v. smol·dered, smol·der·ing, smol·ders 1. To burn with little smoke and no flame. 2. fires - fires which smolder smol·der also smoul·der intr.v. smol·dered, smol·der·ing, smol·ders 1. To burn with little smoke and no flame. 2. for hours before bursting into flame. Sources of these fires may include cigarettes burning in couches or bedding. Ionization smoke alarms are generally more effective at detecting fast-flaming fires - fires which consume combustible materials rapidly and spread quickly. Sources of these fires may include paper burning in a wastebasket or a grease fire in the kitchen. UNIVERSAL introduced its new Photoelectric and Carbon Monoxide alarms at the NEMRA NEMRA National Electrical Manufacturers Representatives Association Show in Dallas, TX last weekend and received an extremely enthusiastic reception. The Company said that shipments of its Photoelectric smoke alarms will begin to customers the week of April 8, 2002 and that its Carbon Monoxide alarms are expected to be approved by UL in March. Shipment of these Carbon Monoxide alarms should begin to customers in April. UNIVERSAL SECURITY INSTRUMENTS, INC., founded in 1970, is a Maryland-based manufacturer and world-wide marketer of safety and security products directly and through its 50%-owned Hong Kong joint venture. Statements contained in this press release that are not historical facts are forward-looking statements as that term is defined in 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. Although UNIVERSAL SECURITY INSTRUMENTS, INC. believes that the expectations reflected in such forward-looking statements are reasonable, the forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projections. PR to all normal release, stockholders, all reps (USI and USI ELECTRIC - e-mail to USI non-principal reps). |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion