FORT LAUDERDALE, Fla. -- SENSE Holdings, Inc. (SENSE), a leading provider of biometrically secured identification systems and Homeland Security Solutions announced today that the company has signed a long term patent and license agreement with Oak Ridge National Laboratory (ORNL). The new expanded patent and license agreement affords SENSE Holdings Worldwide exclusive rights to sales, manufacturing and distribution rights using Intellectual property acquired from ORNL for the detection of Explosives and chemical warfare agents. The granted rights include the detection of all explosives, narcotics, and chemically based ethers. SENSE has also acquired the option to develop a security solution for the Biological warfare field of use. The Biological field might include solutions for Anthrax, Ricin, Botulinum and others. These additional licenses and patents compliment the existing Intellectual property that SENSE previously acquired in 2001 through the acquisition of Micro Sensor Technologies, Inc. SENSE is currently in the development of a handheld explosives detector utilizing the core technology developed at ORNL. SENSE Holdings intends to fund Oak Ridge for the testing and core development of the device, and SENSE will manufacture the handheld detector for worldwide distribution as permitted under its newly acquired patent and license agreement. SENSE Holdings has filed for additional patents relating to the technology and plans to market these security solutions to Governments, Airports, and Law enforcement agencies, along with private industry worldwide.
"We are very excited to have SENSE Holdings as a commercialization partner for our MEMS technology," stated Alex Fischer, ORNL's Director of Technology Transfer and Economic Development. "The application areas on which they are focusing the technology will not only provide a financial return but will also address issues of national and international importance, such as explosives detection."
Oak Ridge National Laboratory is operated by UT-Battelle under contract to the United States Dept of Energy.
"These newly acquired exclusive licenses and patents will help support SENSE in its quest to become a serious entity in the Homeland Defense Market. We feel the core technology developed at ORNL will allow for the creation of a revolutionary product that will not only be extremely accurate, but affordable to help combat worldwide terrorism," stated Dore Perler, CEO of SENSE Holdings, Inc. The recent advancements presented to us at Oak Ridge shows that ORNL as well as the United States government, are dedicated to combating the continuing terrorist threat throughout the world.
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