MSGI Security Solutions
Inc. (OTCBB: MSGI) today reported that the Company has formed its first
subsidiary for NASA based technology. Nanobeak Inc. is a nanotechnology company
focused on carbon based chemical sensing for gas and organic vapor detection
- effectively electronic sniffing.
NASA developed the Nano Chemical Sensors for space missions to increase scientific
measurement capabilities with less mass and lower power requirements. The potential
space and terrestrial applications include cabin air monitoring onboard the
Space Shuttle, surveillance of global weather, forest fire monitoring, radiation
detection, and various other mission critical capabilities.
This technology was developed at the NASA Ames Research Center located in Moffet
Field, California. The commercial applications of these Nano Chemical Sensors
relate specifically to Homeland Security and Defense, Medical Diagnoses, Environmental
Monitoring and Process Control. Nanobeak will offer products in each of these
sectors beginning this year.
Jeremy Barbera, Chairman and CEO of MSGI commented; “Nanobeak is our
“alpha” subsidiary - the first of several majority owned subsidiaries,
each of which will hold the rights to a specific technology and also serve as
the vehicle for investment capital. NASA and MSGI will issue a joint-release
to elaborate on the first such breakthrough in technology that is nearing prototype
stage. This new invention will be launched in the Medical Diagnoses field and
will be marketed to the drug and pharmaceutical industries.”
MSGI Security Solutions, Inc. is a leading international provider of proprietary
solutions to commercial and government organizations. MSGI is developing a combination
of innovative emerging businesses that leverage information and technology.
The Company is headquartered in New York City where it serves the needs of counter-terrorism,
public safety, and law enforcement. More information on MSGI is available on
the company's website at www.msgisecurity.com.
MSGI is a significant stakeholder in Current Technology Corporation.
Posted August 19th, 2009
