Standard & Poor’s announced today that it has commenced Factual Stock Report coverage on Security Devices, International, Inc.

Security Devices International, Inc. (OTCBB:SDEV), in the development stage as of May 31, 2008, is in the advanced stages of developing LEKTROX, a line of wireless electric ammunition for use in military, homeland security, law enforcement, and professional and home security situations. The company specializes in the field of less than lethal technologies for defense industries.

LEKTROX has been specially designed for use with standard issue riot guns and M203 grenade launchers, which will allow the military, law enforcement agencies and others to quickly deploy LEKTROX without the need for lengthy, complex training methods or significant functional adjustments to vehicles or personal equipment. The company believes that simplicity of use is also a key benefit for the home security market where most users have little or no specialized training.

LEKTROX is a third generation electric solution. First generation solutions were hand-held stun guns which had a range of arm's length, while second generation solutions used a wired electric charge. Third generation solutions are the wireless electric bullets.

The company's first products, the LEKTROX 37-38mm and 40mm round ammunition, were expected to be ready for the market in the third quarter of 2008, with a 12-gauge version to be introduced later.

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