Sense Holdings shows strong fourth quarter growth

Sunrise, Florida-based Sense Holdings (OTCBB: SEHO) (FWB: OUP), a company developing biometric solutions and explosive detection security technologies, announced today the results of operations in its SEC 10-KSB report for the year ending 31 December 2005. The revenues for the year’s fourth quarter show strong revenue growth. The company reported revenue of $501,078 for the year ended 31 December 2005, compared to $139,321 in reported revenues for the 2004 period, an increase of $361,757 or 260 percent. The increase in revenue for 2005 was mainly owed to the delivery of a large custom application order of biometric security products, and also to services to one of Sense Holdings’ corporate customers.

“We successfully completed delivery on a substantial contract with a major Fortune 100 corporate customer involving our advanced biometric security products,” said Dore Perler, CEO of Sense Holdings.