Monday, December 26, 2011

UNDT - News Out?

This release just came across my screen. If it is indeed true UNDT could see another push from $.0002. Worth watching for volume in the morning.

UNDT signs agreement with Honeywell India to develop radiation detector Comtex News Network   "Datamonitor"
Dec 27, 2011 (Datamonitor via COMTEX) -- Universal Detection Technology , or UNDT, a developer of monitoring technologies, has entered into an agreement with Honeywell India, a unit of Honeywell International , to develop a radiation detector which would display radiation data collected via Bluetooth to a smart phone.

The product is designed to detect radiation levels on surfaces and food and to automatically send the collected data to a smartphone. The instrument in development will utilize a Cesium Iodide (CsI) scintillator for the detection of Gamma rays, the company said.

The device is expected to measure elevated levels of gamma radiation, transmit that data to a Bluetooth-ready smart phone, and give the user the ability to share the accumulated data with others through mapping and social networking features. The device will be easy to use for everyday users but also have the sensitivity to be utilized in the nuclear industry and HAZMAT crews. Preliminary estimates are that the device would be ready for commercial use in the second quarter of 2012, the company added.

The new device will be owned and marketed by Universal Detection Technology , under its brand. According to the agreement, any and all intellectual property including any patents which may be filed will be the sole property of Universal Detection Technology .

"The accident at the Fukushima Daiichi nuclear plant and the subsequent release of radiation exposed the unpreparedness of the radiation detection industry with its outdated detection technologies," said Amir Ettehadieh , UNDT's Director of R&D. "We envision that the market is ready for a device that is compact, easy to use, and is compatible with a smartphone and can be used by anyone from a housewife to a nuclear industry professional," he added.

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