BOCA RATON, Fla., Aug. 19, 2005 (PRIMEZONE) -- Suncoast Naturals, Inc. announced that its change of name to Intelligent Security Networks, Inc. has been approved and will take effect immediately. The Common Stock of the Company will commence trading on the Pink Sheets under the new symbol "ISNT" at the opening of trading on Monday, August 22, 2005.
The change of name is taking place as the initial step toward completing the previously announced Share Exchange Agreement with RADA Technologies, Inc. of Doylestown, PA. ("RADA") whereby Suncoast Naturals, Inc. will acquire 100% of the capital stock of RADA. RADA has previously acquired the assets of RADA Systems, Inc. (www.RADA-Systems.com), including its physical assets, intellectual property, contracts and accounts receivable. The Company anticipates that the transaction will be completed within 30 days.
RADA is a provider of advanced hardware and supporting "intelligent" software security systems for airports, seaports, public transportation systems, and strategic industrial and commercial facilities, using the proprietary Clarity Visual Intelligence technology licensed by RADA from Safehouse Technology Pty. Ltd. of Australia. This advanced technology integrates machine vision, networked digital video and database technology to enhance significantly the effectiveness of surveillance systems.
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