Universal Detection Technology (UNDT) Announces Record Third Quarter Revenues
On Wednesday, Universal Detection Technology announced that the Company's revenues for the quarter ended September 30, 2011 were the highest quarterly revenues in more than three years. The increase is mainly due to high demand for radiation detection equipment domestically and internationally. The Company is also starting to see increased sales from their newly remodeled online store. Universal Detection Technology’s third quarter revenues increased 6,000 percent to $113,519 from $1,821 during the third quarter of the prior year. The unfortunate nuclear disaster in Japan created a large market for equipment used for detection of harmful radiation in the ambient environment…