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Wave Dispersion Technologies, Inc. Achieves U.S. Department of Homeland Security SAFETY Act Designation

04-18-2011 11:53 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Wave Dispersion Technologies, Inc.

/ PR Agency: InvestorIdeas.com
SAFETY Act Designated WhisprWave® Boat Barrier Protecting USCG Coast Guard Cutter

SAFETY Act Designated WhisprWave® Boat Barrier Protecting USCG Coast Guard Cutter

SUMMIT, N.J. — April 14, 2011 — Wave Dispersion Technologies, Inc. (WDT) the industry’s premier provider of boat barriers and floating security barriers, has earned the prestigious United States Department of Homeland Security (DHS) SAFETY Act Designation, and the WhisprWave® Small Craft Intrusion Barrier (SCIB) and the WhisprWave® Vessel Exclusion Barrier (VEB) products are now designated as Qualified Anti-Terrorism Technologies (QATT).

The Support Anti-terrorism by Fostering Effective Technologies Act of 2002 (SAFETY Act) provides important legal liability protections for providers of QATT, and for customers who use them. The goal of the SAFETY Act is to encourage providers to develop and deploy new and innovative anti-terrorism products and services by providing risk mitigation and liability protections. Congress has stated that the purpose of the SAFETY Act is to "ensure that the threat of liability does not deter potential manufacturers or sellers of anti-terrorism technologies from developing and commercializing technologies that could save lives."

WhisprWave® Boat barriers provide a strong deterrent against the threat of a small boat being used to deliver a Water Borne Improvised Explosive Device (WBIED) against another vessel, maritime critical infrastructure, or other key resources. This specific scenario was detailed as a real and significant threat in the Department of Homeland Security’s Small Vessel Security Strategy published in 2008 and updated in 2010.

“We feel that WDT’s WhisprWave® boat barriers SAFETY Act designation will help us to better support DHS’s overall mission, mitigate the small boat threat, provide growth opportunities for our small business and lead to job creation,” said Dennis G. Smith, Founder and CEO of WDT.

To qualify for the SAFETY Act Designation, WDT submitted a formal application to the DHS that underwent a technical and economic evaluation. Technologies eligible for SAFETY Act status include products, equipment, services, devices and information technologies. These must be intended to limit the harm that might result from acts of terrorism and to detect, identify, prevent or deter such acts.

“Very few companies have achieved this type of approval from DHS, and the level of scrutiny involved is extraordinary. This definitely represents a vote of confidence in the technology,” said Dana Rozycki of Rozycki Associates, LLC, a consulting firm that assisted with the application process.

About Wave Dispersion Technologies, Inc.:

Wave Dispersion Technologies, Inc. is the world’s leading manufacturer and marketer of floating security barriers and floating wave attenuators, with over 50 product installations, on four continents, of its patented WhisprWave® line of innovative maritime solutions for the following markets: government, military, commercial and consumer. The Company has been developing the technology for 15 years and holds eight Domestic and International Patents for design and utility, with another 20 patents pending. The Company has received U.S. Department of Homeland Security SAFETY Act Designation and the products have been designated as Qualified Anti-Terrorism Technologies (QATT).

Jonathan B Smith
Chief Operating Officer
Wave Dispersion Technologies, Inc.
PO Box 158
Summit, NJ 07902-0158
+1-908-233-7503
jonathan.smith@whisprwave.com
www.whisprwave.com

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