Developing Homeland Security Technologies: Understanding and Reducing Associated Product Liability Risk (SAFETY Act and Beyond)
Prior to 9/11, most companies viewed the homeland security market with some trepidation because of its limited size and the significant, associated product liability exposure. Since 9/11, the nation's homeland security needs have grown exponentially. In an effort to encourage companies to overcome their liability concerns and fill the needs, Congress passed the Support Anti-terrorism by Fostering Effective Technologies Act of 2002 (the "SAFETY Act"), legislation designed to reduce the risks associated with certain homeland security products and services. However, the SAFETY Act, notwithstanding with its many advantages, suffers from statutory weaknesses that should limit its role to but one part of a larger corporate product liability risk reduction strategy. Join us for an interactive program that will discuss the broader issues of product liability risk and risk reduction strategies, including application for SAFETY Act designation or certification, as related to the homeland security market. You will learn from panelists drawing on experience in the homeland security and other high risk product markets on how to best protect your company when selling into the growing, multibillion dollar homeland security market.
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