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| June 15, 2009 |
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| TEL AVIV, June 15, 2009 TadSec Advanced Homeland Security Technologies Ltd. (www.tadsec.com) today announced that it has secured a $3.5M venture loan from SGI Holdings. This financing will be used to further develop the company’s proprietary software, for working capital purposes and to increase its sales and marketing activities. The company has recently won a major contract in South America and intends to expand its activities in the region.
Tadsec is a leading software developer and turnkey solutions specialist in the homeland security and surveillance industry. The company designs proprietary security software which turns conventional surveillance equipment (e.g. CCTV) into a real-time security system by programming the system to analyze sensor outputs to provide consequent security alerts. Tadsec provides integrated security solutions based on SMART (Security Management Art), a unique knowledge based Command & Control System matching the current threats and challenges faced. The Company conducts such services as site survey, risk analysis, security concept design, system integration, project management, training and support. Tadsec is active in providing such services to overseas governments and private industry and is a spin-off of Tadiran Electronics Systems.
About Avalon Capital
Avalon Capital is a boutique investment bank focused exclusively on IPO’s, Mergers & Acquisitions and Capital Fundraising Advisory Services for technology companies.
Avalon Capital was founded in 2004 by former venture capitalists and investment bankers from leading global investment banks. With offices in Tel Aviv and London, we have successfully executed advisory and financing transactions for emerging technology companies in industry sectors including software, telecom equipment, digital media, payments processing, and homeland security. For more information,
visit www.avalon-capital.com.
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