NEWBURY PARK, Calif.--(BUSINESS WIRE)--Electronic Sensor Technology (EST) (OTCBB:ESNR - News), a leading provider of innovative homeland security, environmental solutions and healthcare solutions, announces the receipt of an order of more than $400,000 from its distributor, Beijing R&D Technology in China. The majority of the units will be used by China for environmental applications.
Electronic Sensor Technology has sold over 100 instruments to China, most of which are employed in the detection of pollutants in rivers and lakes. The effectiveness of the zNose in this application further underscores its versatility and usability.
The Rude Awakening’s “Invest in Water” report states “In an attempt to avert crisis, China plans to spend $125 billion over the next five years to build hundreds of new water treatment plants. That will only be the beginning of the hundreds of billions it will need to spend, if it hopes to ever provide clean water to most of its citizens.”
“We expect further growth of the environmental market where the zNose® is used as an on-site pre-screener . Additionally, our experience in China demonstrates that the zNose® is a valuable instrument with unique capabilities in challenging environments” states Teong Lim, CEO of EST.
For more information on the use of the zNose® for environmental, security and healthcare, click the following link:
About Electronic Sensor Technology:
Founded in 1995, Electronic Sensor Technology has developed and patented a chemical vapor analysis process with applications for the homeland security and environment markets.
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
Shareholders and Investors
William Wittmeyer, 650-574-1257