NEWBURY PARK, California (Business Wire) — Electronic Sensor Technology (OTCBB:ESNR), a leading provider of innovative Homeland Security solutions, announced today that revenues for the month were $340,100 or 18% better than last year. Sales performance for year-to-date eleven months has exceeded 2005 sales for the entire year. Shipments for the year are projected to be 18% above 2005. EST enjoys a current sales backlog of approximately $1.75 million.
The company previously announced that it has developed a battery operated sample injector/calibrator, which is currently on sale. This new product will be very useful to the first responder market and have border patrol law enforcement applications for calibrating the detection system.
About Electronic Sensor Technology:
Founded in 1995, Electronic Sensor Technology has developed and patented a chemical vapour analysis process. We believe that the Company’s product line is positioned to eliminate key vulnerabilities in the homeland security market, specifically in maritime port, airport and border security applications.
SEC Filings and Forward-Looking Statements
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.
Electronic Sensor Technology
Frank Zuhde, 805-480-1994 X135