posted
RIDGEFIELD, Conn., Dec. 16, 2004 (PRIMEZONE) -- Markland Technologies, Inc. (OTCBB:MRKL), a defense and homeland security company transforming advanced laboratory technology into real-world products, has shipped the first 127 units of a next-generation tank weapons training system, marking the product line's evolution from development to the field deployment phase. Robert Tarini, Chairman and CEO of Markland, made the announcement.
The $1.95 million order, from EOIR Technologies Inc., a wholly-owned subsidiary of Markland, comprised units of the company's Safety Evaluation Range Training System (SERTS). The systems provide Army weapons training instructors with audio and video feeds of targeting, firing and other activities by soldiers inside armored fighting vehicles.
EOIR's SERTS systems are being installed in M1 Abrams tanks and M2 Bradley Fighting Vehicles, two of the Army's primary fleets of armored fighting vehicles. The proprietary products are the first in-vehicle systems developed for armored military vehicles. The systems transmit video and audio of the activities inside the exercise vehicle to the range tower for exercise monitoring, recording, and instant post exercise review.
SERTS is remotely controllable from the tower to include switching four camera outputs among six camera inputs. The cameras collect real-time video and audio from inside the crew cabin, as well as video fed by the vehicles' infrared targeting systems.
"We are particularly proud to announce that our SERTS systems have progressed from the research and development phase into real-world deployment, where they can realize their value for our increasingly high-tech military. The SERTS products provide breakthrough capabilities to help the Army's battle training operators to evaluate the performance of in-tank combat drills, and to interact virtually in a highly effective manner with the student gunners," said Mr. Tarini. "Because instructors can see exactly what the trainee gunners see through the gun sights -- in addition to the multiple audio and video streams of activity inside the vehicles -- the instructors can obtain a unique, interactive understanding of the progress and actions of the student soldiers."
The first generation of SERTS is used for training, but in future the proprietary technology may also serve as a sort of black box, similar to those in airplanes. The SERTS systems can be installed to automatically record video and audio data for after-action combat analysis and improvements. The Army has deployed approximately 8,300 Abrams tanks and 6,700 Bradleys around the world, representing a significant market for SERTS.
"The SERTS product line is an example of Markland's business model of bringing cutting-edge technology to the military and homeland security industry," said Mr. Tarini. "We believe our strategy of identifying important technology will continue to make us an important provider of products and services for the military and homeland defense industries."
Markland recently announced receiving $3.2 million in new orders from the Army's most advanced technology development laboratory, the Night Vision and Electronic Sensors Directorate (NVESD). The orders came under a five-year omnibus contract with the Army that has a potential value of approximately $406 million.
About Markland Technologies
Markland Technologies, Inc. is committed to setting next-generation standards in defense and security through the provision of innovative emerging technologies and expert services. The Company is engaged in the identification of advanced technologies currently under development in laboratories, universities and in private industry, and in the transformation of those technologies into next-generation products. Markland's solutions support military, law enforcement and homeland security personnel to protect the nation's citizens, borders and critical infrastructure assets from the threat of terrorism and other dangers. Through strategic development, Markland focuses on the creation of dual-use technology and products with applications in both the defense market and civilian homeland security and law enforcement fields. The Company is a Board Member of the Homeland Security Industries Association, and is a featured Company on *********************.com; additional details can be viewed at http://www.*********************.com/Companies/MarklandTech. For more information about the Company and its products, please visit the Markland home page at http://www.marklandtech.com.
Forward-Looking Statements
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of Markland Technologies officials during presentations about Markland Technologies, are ``forward-looking'' statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the ``Act''). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as ``expects,'' ``anticipates,'' ``intends,'' ``plans,'' ``believes,'' ``estimates,'' or similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future actions, which may be provided by management, are also forward-looking statements as defined by the Act. Some of the factors that could significantly impact the forward-looking statements in this press release include, but are not limited to: a reduction in order rates from the Army's Night Vision and Electronic Surveillance Directorate, difficulties integrating our acquisition of EOIR, insufficient cash flow to continue to fund the development and marketing of the Company's products and technology; a rejection of the Company's products and technologies by the marketplace, and; disputes as to the Company's intellectual property rights. Forward-looking statements are based upon current expectations and projections about future events and are subject to risks, uncertainties, and assumptions about Markland Technologies, its products, economic and market factors and the industries in which Markland Technologies does business, among other things. These statements are not guarantees of future performance and Markland Technologies has no specific intention to update these statements. More detailed information about those factors is contained in Markland Technologies filings with the Securities and Exchange Commission.
More information on Homeland Security issues, including news releases, events and experts available for comment, can be found on the Homeland Security Newsline at http://www.primezone.com/hs
Markland Technologies, Inc is a featured Company on *********************.com, a service for which Markland compensates the provider.
Markland Technologies http://www.marklandtech.com or ECON Corporate Services Dawn Van Zant, 866-730-1151 dvanzant@***************** or Trevor Ruehs truehs@***************** or Trilogy Capital Partners Investor Relations: Paul Karon, 800-592-6067
quote:Originally posted by Ktrain420: RIDGEFIELD, Conn., Dec. 16, 2004 (PRIMEZONE) -- Markland Technologies, Inc. (OTCBB:MRKL), a defense and homeland security company transforming advanced laboratory technology into real-world products, has shipped the first 127 units of a next-generation tank weapons training system, marking the product line's evolution from development to the field deployment phase. Robert Tarini, Chairman and CEO of Markland, made the announcement.
The $1.95 million order, from EOIR Technologies Inc., a wholly-owned subsidiary of Markland, comprised units of the company's Safety Evaluation Range Training System (SERTS). The systems provide Army weapons training instructors with audio and video feeds of targeting, firing and other activities by soldiers inside armored fighting vehicles.
EOIR's SERTS systems are being installed in M1 Abrams tanks and M2 Bradley Fighting Vehicles, two of the Army's primary fleets of armored fighting vehicles. The proprietary products are the first in-vehicle systems developed for armored military vehicles. The systems transmit video and audio of the activities inside the exercise vehicle to the range tower for exercise monitoring, recording, and instant post exercise review.
SERTS is remotely controllable from the tower to include switching four camera outputs among six camera inputs. The cameras collect real-time video and audio from inside the crew cabin, as well as video fed by the vehicles' infrared targeting systems.
"We are particularly proud to announce that our SERTS systems have progressed from the research and development phase into real-world deployment, where they can realize their value for our increasingly high-tech military. The SERTS products provide breakthrough capabilities to help the Army's battle training operators to evaluate the performance of in-tank combat drills, and to interact virtually in a highly effective manner with the student gunners," said Mr. Tarini. "Because instructors can see exactly what the trainee gunners see through the gun sights -- in addition to the multiple audio and video streams of activity inside the vehicles -- the instructors can obtain a unique, interactive understanding of the progress and actions of the student soldiers."
The first generation of SERTS is used for training, but in future the proprietary technology may also serve as a sort of black box, similar to those in airplanes. The SERTS systems can be installed to automatically record video and audio data for after-action combat analysis and improvements. The Army has deployed approximately 8,300 Abrams tanks and 6,700 Bradleys around the world, representing a significant market for SERTS.
"The SERTS product line is an example of Markland's business model of bringing cutting-edge technology to the military and homeland security industry," said Mr. Tarini. "We believe our strategy of identifying important technology will continue to make us an important provider of products and services for the military and homeland defense industries."
Markland recently announced receiving $3.2 million in new orders from the Army's most advanced technology development laboratory, the Night Vision and Electronic Sensors Directorate (NVESD). The orders came under a five-year omnibus contract with the Army that has a potential value of approximately $406 million.
About Markland Technologies
Markland Technologies, Inc. is committed to setting next-generation standards in defense and security through the provision of innovative emerging technologies and expert services. The Company is engaged in the identification of advanced technologies currently under development in laboratories, universities and in private industry, and in the transformation of those technologies into next-generation products. Markland's solutions support military, law enforcement and homeland security personnel to protect the nation's citizens, borders and critical infrastructure assets from the threat of terrorism and other dangers. Through strategic development, Markland focuses on the creation of dual-use technology and products with applications in both the defense market and civilian homeland security and law enforcement fields. The Company is a Board Member of the Homeland Security Industries Association, and is a featured Company on *********************.com; additional details can be viewed at http://www.*********************.com/Companies/MarklandTech. For more information about the Company and its products, please visit the Markland home page at http://www.marklandtech.com.
Forward-Looking Statements
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of Markland Technologies officials during presentations about Markland Technologies, are ``forward-looking'' statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the ``Act''). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as ``expects,'' ``anticipates,'' ``intends,'' ``plans,'' ``believes,'' ``estimates,'' or similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future actions, which may be provided by management, are also forward-looking statements as defined by the Act. Some of the factors that could significantly impact the forward-looking statements in this press release include, but are not limited to: a reduction in order rates from the Army's Night Vision and Electronic Surveillance Directorate, difficulties integrating our acquisition of EOIR, insufficient cash flow to continue to fund the development and marketing of the Company's products and technology; a rejection of the Company's products and technologies by the marketplace, and; disputes as to the Company's intellectual property rights. Forward-looking statements are based upon current expectations and projections about future events and are subject to risks, uncertainties, and assumptions about Markland Technologies, its products, economic and market factors and the industries in which Markland Technologies does business, among other things. These statements are not guarantees of future performance and Markland Technologies has no specific intention to update these statements. More detailed information about those factors is contained in Markland Technologies filings with the Securities and Exchange Commission.
More information on Homeland Security issues, including news releases, events and experts available for comment, can be found on the Homeland Security Newsline at http://www.primezone.com/hs
Markland Technologies, Inc is a featured Company on *********************.com, a service for which Markland compensates the provider.
Markland Technologies http://www.marklandtech.com or ECON Corporate Services Dawn Van Zant, 866-730-1151 dvanzant@***************** or Trevor Ruehs truehs@***************** or Trilogy Capital Partners Investor Relations: Paul Karon, 800-592-6067
posted
man i did not see that it was the same news as eairler sneaky *******s worded it different........i just got woke up and got on ........sorry fellas did not c that
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posted
Not necessarily a bad thing. MRKL looks like it has serious potential, just not enough volume to get this bad boy moving like we want.
quote:Originally posted by Ktrain420: man i did not see that it was the same news as eairler sneaky *******s worded it different........i just got woke up and got on ........sorry fellas did not c that
posted
i just decided to bail on it, gotin at .82 and out at the same .82 just loss of $20.00 in fees. i do not hold overnight been burnt before. wish i would of seen the eairler news release did not react to that much either. L2 looks pretty stuck.......
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posted
Ironically, I wonder if that's why they redid the PR...it's almost as if no one took any notice at 6am..and you're right about volume..if alot of daytraders were to jump on right now, I imagine it would drive the price. It seems to be the norm with these runners. Daytraders literally make their own markets on a stock when it doesnt have any news...
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quote:Originally posted by Ktrain420: i just decided to bail on it, gotin at .82 and out at the same .82 just loss of $20.00 in fees. i do not hold overnight been burnt before. wish i would of seen the eairler news release did not react to that much either. L2 looks pretty stuck.......
posted
I've been burned too, but I don't think I've learner my lesson quite yet. =] Maybe I'll hold it a little longer? Maybe I'll flip a coin and see. haha
quote:Originally posted by Ktrain420: i just decided to bail on it, gotin at .82 and out at the same .82 just loss of $20.00 in fees. i do not hold overnight been burnt before. wish i would of seen the eairler news release did not react to that much either. L2 looks pretty stuck.......
posted
> RIDGEFIELD, Conn., Dec. 22, 2004 (PRIMEZONE) -- Markland Technologies, Inc. (OTCBB:MRKL), a defense and homeland security company transforming advanced laboratory technology into real-world products, has announced a military-funded program to develop methods utilizing thermal signature analysis for detecting from a distance concealed weapons and bombs on the persons of terrorists, suicide bombers and other individual assailants. Robert Tarini, Chairman and CEO of Markland, made the announcement.
Markland's research into so-called "stand off" detection and warning systems - systems that can identify concealed weapons on individual attackers at distances up to 50 meters - will combine existing thermal sensors with new thermal signature-processing technology to create tools to help military and police personnel screen for would-be assailants.
"There are currently no adequate technology solutions available to homeland security and military personnel that can help them identify a suicide bomber or terrorist gunman before the attacker can get close enough to inflict real harm," said Mr. Tarini. "We believe that Markland's research may represent a leap forward in the creation of systems that can detect these attackers with a degree of success."
Markland's concealed weapons stand-off systems initiatives are based on modifications to thermal sensors that are already deployed in large numbers throughout the military. The new stand-off solutions will augment the thermal imaging capabilities of these sensors with innovative signal processing techniques that process different wavelengths of light and heat. This will enable the systems to help military and law enforcement personnel more quickly and more easily detect guns or bombs concealed on the persons of would-be attackers and terrorists.
The stand-off systems will also integrate innovative methods of analyzing human behavior, including unnatural physical movement and facial biometrics that are associated with malicious intent, such as thermal signatures, to increase the ability to identify potential terrorists or other dangerous individuals.
The Army-funded research is being conducted by Markland subsidiary EOIR Technologies. More details of the Company's research and development efforts in this area can be found at http://www.marklandtech.com/technology_portfolio/emerging_technologies.html. (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)
About Markland Technologies
Markland Technologies, Inc. is committed to setting next-generation standards in defense and security through the provision of innovative emerging technologies and expert services. The Company is engaged in the identification of advanced technologies currently under development in laboratories, universities and in private industry, and in the transformation of those technologies into next-generation products. Markland's solutions support military, law enforcement and homeland security personnel to protect the nation's citizens, borders and critical infrastructure assets from the threat of terrorism and other dangers. Through strategic development, Markland focuses on the creation of dual-use technology and products with applications in both the defense market and civilian homeland security and law enforcement fields. The Company is a Board Member of the Homeland Security Industries Association, and is a featured Company on *********************.com; additional details can be viewed at http://www.*********************.com/Companies/MarklandTech. For more information about the Company and its products, please visit the Markland home page at http://www.marklandtech.com.
Forward-Looking Statements
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of Markland Technologies officials during presentations about Markland Technologies, are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "expects," "anticipates," "intends," "plans," "believes," "estimates," or similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future actions, which may be provided by management, are also forward-looking statements as defined by the Act. Some of the factors that could significantly impact the forward-looking statements in this press release include, but are not limited to: a reduction in order rates from the Army's Night Vision and Electronic Surveillance Directorate, difficulties integrating our acquisition of EOIR, insufficient cash flow to continue to fund the development and marketing of the Company's products and technology; a rejection of the Company's products and technologies by the marketplace, and; disputes as to the Company's intellectual property rights. Forward-looking statements are based upon current expectations and projections about future events and are subject to risks, uncertainties, and assumptions about Markland Technologies, its products, economic and market factors and the industries in which Markland Technologies does business, among other things. These statements are not guarantees of future performance and Markland Technologies has no specific intention to update these statements. More detailed information about those factors is contained in Markland Technologies filings with the Securities and Exchange Commission.
More information on Homeland Security issues, including news releases, events and experts available for comment, can be found on the Homeland Security Newsline at http://www.primezone.com/hs
Markland Technologies, Inc is a featured Company on *********************.com, a service for which Markland compensates the provider.
ECON Corporate Services Dawn Van Zant (866) 730-1151 dvanzant@*****************
Trevor Ruehs truehs@*****************
------------------ "The clever combatant imposes his will on the enemy, but does not allow the enemy's will to be imposed on him." The Art Of War - Sun Tzu
"Do Da Due - But Be Damn Quick About It" Da Art Of Daytrading - Dardadog
------------------ "The clever combatant imposes his will on the enemy, but does not allow the enemy's will to be imposed on him." The Art Of War - Sun Tzu
"Do Da Due - But Be Damn Quick About It" Da Art Of Daytrading - Dardadog
RIDGEFIELD, Conn.--(BUSINESS WIRE)--Feb. 3, 2005-- Markland Technologies, Inc. (OTCBB: MRKL), a defense and homeland security company transforming advanced laboratory technology into real-world products, announced today that the U.S. Army's Night Vision and Electronic Sensors Directorate (NVESD) has awarded the Company new orders for technology products and services totaling $9.2 million. Robert Tarini, Chairman and CEO of Markland, made the announcement. The Army's NVESD research and development group is one of the U.S. military's most advanced technological leaders. Markland is working on a range of next-generation technology solutions for the NVESD, including night vision and advanced sensor applications, disposable sensors and other threat-detection systems. The $9.2 million in new orders come under a five-year omnibus contract. The sales revenues derived from these new orders will be realized over a 12-month performance period. This will bring the total dollars awarded to EOIR Technologies Inc., a wholly-owned subsidiary of Markland, on this NVESD Omnibus contract since July 1, 2004, to approximately $36.9 million. The ongoing five year omnibus contract may provide a maximum ceiling amount of up to $80 million in fiscal year revenues for Markland. The contract has a potential value of approximately $406 million over the life of the contract. Markland's recent announcement of orders for products and services under the omnibus contract include an innovative "stand-off" threat-detection system designed to help military and security personnel identify potential suicide bombers and other armed attackers from safe distances. Other examples of recent contract awards include products and services for humanitarian de-mining activities in Iraq and Afghanistan as well as low cost disposable sensor prototypes for next generation military field intelligence applications. "I am very pleased with our continued strong revenues performance," said Mr. Tarini. "These new contract awards are a testament to the hard work and dedicated efforts of our entire staff of employees at our EOIR Technologies subsidiary. We believe strongly that our efforts will help our soldiers in combat to better and more safely perform their mission while simultaneously creating large numbers of dual technology use opportunities within the domestic Homeland Security marketplace, which can potentially accelerate our growth and contribute powerfully to shareholder value." These newly-announced NVESD orders continue to reaffirm the position of Markland's EOIR subsidiary as a leader in the development of cutting-edge technology for military and homeland security applications. Many of the products and services being delivered on this contract utilize next-generation electro-optic and infrared sensor technologies that are being used in direct support of U.S. military combat operations in Iraq, Afghanistan and elsewhere. The Army's NVESD has been responsible for numerous key innovations in the fields of optical electronics and thermal imaging for weapons targeting, electronic surveillance and other mission-critical military applications.
About Markland Technologies
Markland Technologies, Inc. is committed to setting next-generation standards in defense and security through the provision of innovative emerging technologies and expert services. The Company is engaged in the identification of advanced technologies currently under development in laboratories, universities and in private industry, and in the transformation of those technologies into next-generation products. Markland's solutions support military, law enforcement and homeland security personnel to protect the nation's citizens, borders and critical infrastructure assets from the threat of terrorism and other dangers. Through strategic development, Markland focuses on the creation of dual-use technology and products with applications in both the defense market and civilian homeland security and law enforcement fields. The Company is a Board Member of the Homeland Security Industries Association, and is a featured Company on *********************.com; additional details can be viewed at http://www.*********************.com/Companies/MarklandTech. For more information about the Company and its products, please visit the Markland home page at http://www.marklandtech.com.
Forward-Looking Statements
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of Markland Technologies officials during presentations about Markland Technologies, are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "expects," "anticipates," "intends," "plans," "believes," "estimates," or similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future actions, which may be provided by management, are also forward-looking statements as defined by the Act. Some of the factors that could significantly impact the forward-looking statements in this press release include, but are not limited to: a reduction in order rates from the Army's Night Vision and Electronic Surveillance Directorate, difficulties integrating our acquisition of EOIR, insufficient cash flow to continue to fund the development and marketing of the Company's products and technology; a rejection of the Company's products and technologies by the marketplace, and; disputes as to the Company's intellectual property rights. Forward-looking statements are based upon current expectations and projections about future events and are subject to risks, uncertainties, and assumptions about Markland Technologies, its products, economic and market factors and the industries in which Markland Technologies does business, among other things. These statements are not guarantees of future performance and Markland Technologies has no specific intention to update these statements. More detailed information about those factors is contained in Markland Technologies filings with the Securities and Exchange Commission. Markland Technologies, Inc is a featured Company on http://www.*********************.com, a service for which Markland compensates the provider. For full details, click here: http://www.*********************.com/Companies/MarklandTech/ NewsReleases.asp (Due to its length, the preceding URL may need to be copy/pasted into your internet browsers address field)
KEYWORD: NORTH AMERICA CONNECTICUT UNITED STATES INDUSTRY KEYWORD: GOVERNMENT DEFENSE MANUFACTURING AEROSPACE CONTRACT/AGREEMENT SOURCE: Markland Technologies, Inc.
CONTACT INFORMATION: Markland Technologies http://www.marklandtech.com or ECON Corporate Services Dawn Van Zant, 866-730-1151 dvanzant@***************** or Trevor Ruehs truehs@*****************
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Press Release Source: ECON Investor Relations Inc.; Markland Technologies, Inc.
*********************.com Acquires Premier Homeland Security Web Portal TwoTigersOnline and the National Homeland Security Knowledgebase Thursday February 3, 11:00 am ET
POINT ROBERTS, Wash., Feb. 3, 2005 (PRIMEZONE) -- http://www.*********************.com (HDS), a global investor and industry news and research portal for the homeland security sector, is pleased to announce that it has acquired the Homeland Security Web Portal TwoTigersOnline and the National Homeland Security Knowledgebase http://www.twotigersonline.com/resources.html, for an undisclosed amount, to expand its content umbrella within the homeland security industry. The purchase was completed this week, with both parties agreeing on a transitional period for integration, branding and merging of the portals. The HDS portal is a top-ranked news and information source on today's most popular search engines, and is used by industry leaders, media, institutions, government, army, navy, air force, investors, brokerage firms and Fortune 500 companies. TwoTigersOnline and the National Homeland Security Knowledgebase currently holds TOP 5 ranking on major search engines using the popular search phrase ``homeland security.'' The new industry portal expands http://www.*********************.com content to include a more broadly based industry audience, and offers a venue for HDS clients to advertise their products and services to a larger audience. The TwoTigersOnline and the National Homeland Security Knowledgebase portals currently average over 900,000 unique visitors per month. Markland Technologies, Inc. (OTC BB:MRKL.OB - News) http://www.marklandtech.com, a defense and homeland security company, is currently a featured profiled sponsor of both http://www.*********************.com (HDS) and the new portal: The National Homeland Security Knowledgebase http://www.twotigersonline.com/resources.html.
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The HDS website does not make recommendations, but offers a unique free information portal to research news, exclusive articles, interviews, investor conferences and a growing list of participating public companies in the sector.
High Traffic, PR7 Rating, Provides Additional Exposure of Related Products and Services in the Homeland Security Marketplace
TwoTigersOnline and the National Homeland Security Knowledgebase, are premier internet destinations for comprehensive homeland security information and resources. The well established, high traffic internet destination boasts tens of thousands of inbound links (hot-linked graphic banners with backlinks) from sites of related subject matter and holds a TOP 5 ranking on major search engines using the popular search phrase ``homeland security.'' The site carries a Google PageRank (PR) rating of 7.
About The National Homeland Security Knowledgebase
The National Homeland Security Knowledgebase, is the internet's most comprehensive resource portal focused on the topics of homeland defense, counter-terrorism, emergency management, disaster preparedness, critical infrastructure protection, and increasing the public's overall level of situational awareness and readiness.
Featured Company: TwoTigersOnline and the National Homeland Security Knowledgebase Markland Technologies, Inc. (OTC BB:MRKL.OB - News) http://www.marklandtech.com -- Integrated Homeland Security Technologies, has four business segments, which address the needs of the Homeland Security marketplace: Chemical Detectors, Border and Port Security, Advanced Technologies and Sensing Technologies for the U.S. Army, the U.S. Navy, the Department of Homeland Security, and various other U.S. Intelligence agencies. Recent News: http://www.*****************/Companies/MarklandTech/NewsReleases.asp
Additional Recently Launched HDS Homeland Security Web Sites:
Hear *********************.com every Friday at :08 and :38 after the hour for the Business of Homeland Security only on http://www.HomelandDefenseRadio.com.
Read the exclusive ***************** Feature ``The Insiders Corner,'' a weekly feature by well-known financial writer and author Michael Brush. http://*****************/insiderscorner/
Investor Incite Newsletter
***************** free ``Investor Incite'' Newsletter consists of company and industry updates, investment research and developing trends in key areas such as Homeland Security, Renewable Energy, Nanotechnology and more.
Disclaimer: ECON Investor Relations Inc. is the owner of this domain. Our site does not make recommendations, but offers a unique information portal to investors to research news, articles, and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell any specific products or securities. All investments involve risk. Although we attempt to research thoroughly, we offer no guarantees as to the accuracy of any information presented. We encourage all investors to use our sites only as a resource to further their own research. The site is compensated by its ``Featured Companies, as outlined in our on-line disclaimer at http://www.*****************/About/Disclaimer.asp and we rely on the publicly disclosed information of our featured companies for accuracy. Our ''featured company.`` Markland Technologies, Inc. currently pays ECON Ten Thousand Dollars per month. Markland has issued shares to ECON in the past and these payments are for the purpose of including Markland in articles and other promotions. *********************.com is a Registered WA Trade Name.
More information on Homeland Security issues, including news releases, events and experts available for comment, can be found on the Homeland Security Newsline at http://www.primezone.com/hs
Contact:
Dawn Van Zant/Trevor Ruehs Toll free: 800-665-0411 dvanzant@*********************.com truehs@*********************.com
*********************.com Features Markland Technologies, Inc. 2005 Integrated Security Solutions PowerPoint Online Friday February 4, 9:00 am ET
POINT ROBERTS, WA--(MARKET WIRE)--Feb 4, 2005 -- www.*********************.com (HDS): a global investor and industry news and research portal for the homeland security sector is pleased to announce the online availability of featured company Markland Technologies', Inc. (OTC BB:MRKL.OB - News) updated 2005 PowerPoint. Markland Technologies is a defense and homeland security company transforming advanced laboratory technology into real-world products. The presentation provides interested investors and media insight into the company's integrated security solutions portfolio and their projected growth for 2005. To View the Markland PowerPoint: http://www.*****************/Companies/MarklandTech/ppt/MarklandCorporate_files/frame.htm
The HDS website does not make recommendations, but offers a unique free information portal to research news, exclusive articles, interviews, investor conferences and a growing list of participating public companies in the sector.
The National Homeland Security Knowledgebase is the internet's most comprehensive resource portal focused on the topics of homeland defense, counter-terrorism, emergency management, disaster preparedness, critical infrastructure protection, and increasing the public's overall level of situational awareness and readiness.
Featured Company:
Markland Technologies, Inc. (OTC BB:MRKL.OB - News) www.marklandtech.com - Integrated Homeland Security Technologies, has four business segments, which address the needs of the Homeland Security marketplace: Chemical Detectors, Border and Port Security, Advanced Technologies and Sensing Technologies for the U.S. Army, the U.S. Navy, the Department of Homeland Security, and various other U.S. Intelligence agencies.
*********************.com includes a growing list of public companies in the sector. Click here for a partial list of companies involved in homeland defense and security technology and solutions in Airport Security, Biodefense, Biometrics, Defense, Internet Security, Integrated Security, Military, Border and Port Security. http://www.*********************.com/Companies/HomelandDefense/Stock_List.asp
Read the exclusive ***************** Feature "The Insiders Corner," a weekly feature by well-known financial writer and author Michael Brush. http://*****************/insiderscorner/
Investor Incite Newsletter
*****************'s free "Investor Incite" Newsletter consists of company and industry updates, investment research and developing trends in key areas such as Homeland Security, Renewable Energy, Nanotechnology and more.
Disclaimer: ECON Investor Relations Inc is the owner of this domain. Our site does not make recommendations, but offers a unique information portal to investors to research news, articles, and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell any specific products or securities. All investments involve risk. Although we attempt to research thoroughly, we offer no guarantees as to the accuracy of any information presented. We encourage all investors to use our sites only as a resource to further their own research. The site is compensated by its "Featured Companies, as outlined in our on-line disclaimer at www.*****************/About/Disclaimer.asp and we rely on the publicly disclosed information of our featured companies for accuracy. Our "featured company." Markland Technologies, Inc. currently pays ECON Ten Thousand Dollars per month. Markland has issued shares to ECON in the past and these payments are for the purpose of including Markland in articles and other promotions.
*********************.com is a Registered WA Trade Name
Contact: Contact: Dawn Van Zant / Trevor Ruehs Toll free: 800-665-0411 dvanzant@*********************.com truehs@*********************.com
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Total of Company's Recent New Orders from US Army under Omnibus Contract Now Exceeds $41 Million
Markland Technologies, Inc. (OTCBB: MRKL), a defense and homeland security company transforming advanced laboratory technology into real-world products, announced today that the U.S. Army's Night Vision and Electronic Sensors Directorate (NVESD) has awarded the Company new orders for technology products and services totaling $4.2 million. Robert Tarini, Chairman and CEO of Markland, made the announcement. The Army's NVESD research and development group is one of the U.S. military's most advanced technological leaders. Markland is working on a range of next-generation technology solutions for the NVESD, including night vision and advanced sensor applications, disposable sensors and other threat-detection systems. The $4.2 million in new orders come under a five-year omnibus contract. The sales revenues derived from these new orders will be realized over a 12-month performance period. This will bring the total dollars awarded to EOIR Technologies Inc., a wholly-owned subsidiary of Markland, on this NVESD Omnibus contract since July 1, 2004, to approximately $41.1 million. The ongoing five year omnibus contract may provide a maximum ceiling amount of up to $80 million in fiscal year revenues for Markl tandards in defense and security through the provision of innovative emerging technologies and expert services. The Company is engaged in the identification of advanced technologies currently under development in laboratories, universities and in private industry, and in the transformation of those technologies into next-generation products. Markland's solutions support military, law enforcement and homeland security personnel to protect the nation's citizens, borders and critical infrastructure assets from the threat of terrorism and other dangers. Through strategic development, Markland focuses on the creation of dual-use technology and products with applications in both the defense market and civilian homeland security and law enforcement fields. The Company is a Board Member of the Homeland Security Industries Association, and is a featured Company on *********************.com; additional details can be viewed at http://www.*********************.com/Companies/MarklandTech. For more information about the Company and its products, please visit the Markland home page at http://www.marklandtech.com.
Forward-Looking Statements
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of Markland Technologies officials during presentations about Markland Technologies, are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "expects," "anticipates," "intends," "plans," "believes," "estimates," or similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future actions, which may be provided by management, are also forward-looking statements as defined by the Act. Some of the factors that could significantly impact the forward-looking statements in this press release include, but are not limited to: a reduction in order rates from the Army's Night Vision and Electronic Surveillance Directorate, difficulties integrating our acquisition of EOIR, insufficient cash flow to continue to fund the development and marketing of the Company's products and technology; a rejection of the Company's products and technologies by the marketplace, and; disputes as to the Company's intellectual property rights. Forward-looking statements are based upon current expectations and projections about future events and are subject to risks, uncertainties, and assumptions about Markland Technologies, its products, economic and market factors and the industries in which Markland Technologies does business, among other things. These statements are not guarantees of future performance and Markland Technologies has no specific intention to update these statements. More detailed information about those factors is contained in Markland Technologies filings with the Securities and Exchange Commission. Markland Technologies, Inc is a featured Company on http://www.*********************.com, a service for which Markland compensates the provider. For full details, click here: http://www.*********************.com/Companies/MarklandTech/ NewsReleases.asp (Due to its length, the preceding URL may need to be copy/pasted into your internet browsers address field)
KEYWORD: NORTH AMERICA CONNECTICUT UNITED STATES INDUSTRY KEYWORD: GOVERNMENT DEFENSE FEDERAL MANUFACTURING AEROSPACE CONTRACT/AGREEMENT PRODUCT/SERVICE SOURCE: Markland Technologies, Inc.
CONTACT INFORMATION: Markland Technologies http://www.marklandtech.com or ECON Corporate Services Dawn Van Zant, 866-730-1151 dvanzant@***************** or Trevor Ruehs truehs@*****************
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Now i know why. Record setting 2nd quarter revenues!
Press Release Source: Markland Technologies Inc.
Markland Technologies Reports Record Second Quarter Revenues Wednesday February 16, 8:01 am ET Company Posts Revenues of over $17 million in the Second Quarter
RIDGEFIELD, Conn.--(BUSINESS WIRE)--Feb. 16, 2005--Markland Technologies, Inc. (OTC BB:MRKL - News; http://www.marklandtech.com), a defense and homeland security company transforming advanced laboratory technology into real-world products, announced today that it reported record results for its fiscal second quarter ending December 31, 2004. ADVERTISEMENT
Revenues for the quarter were $17,044,677 a significant increase over revenues for the corresponding period in 2003 of $3,256,771. Revenues for the six months ended December 31 2004 and 2003 were $32,814,528 and $3,563,495 respectively. This increase is due almost entirely to the acquisition of EOIR Technologies Inc. Net cash provided by operating activities for the six months ended December 31, 2004 was a positive $194,896, also a significant increase over the corresponding period in 2003 in which the company experienced negative net operating cash flow of $884,314. The operating loss for the quarter amounted to $4,412,710. This loss resulted primarily from non-cash charges for the compensatory element of stock issuances, losses on disposals of equipment and amortization of intangible assets resulting from our recent acquisitions. These non-cash charges amounted to $2,905,823 for the three months ended December 31, 2004.
Net loss attributable to shareholders for the six months ended December 31, 2004 was $9,253,213 or a loss of $0.20 per share compared to a loss of $2,055,935 or a loss of $0.38 per share in the corresponding period in 2003. This decrease in the loss per share is due to an increase in the weighted average number of shares outstanding to 45,380,646 from 5,463,757. The non-cash charges included in the net loss attributable to shareholders for the six months ended December 31, 2004 amounted to $7,259,673 compared with $2,049,856 for the corresponding period in 2003.. Please see refer to our Quarterly Report on Form 10QSB for the quarter ended December 31, 2004 filed with the Securities and Exchange Commission for more information about our financial performance. That document is a public filing available on the SEC's web site at www.sec.gov.
"These results represent sequential quarter to quarter revenue growth of approximately $1.3M," said Robert Tarini, Chairman and CEO of Markland Technologies Inc. "We have continued to demonstrate revenue growth capability and are creating scale of operations which meet our expectations and will continue to strive to grow the company and improve our financial results. As of the end of the quarter we were operating cash flow positive for the six months of the fiscal year to date and had a cash balance of nearly $6M. Our dedicated staff of over 200 employees is poised to provide highly differentiated products and services to the US Department of Homeland Security and US Department of Defense to protect our country and our military."
About Markland Technologies
Markland Technologies, Inc. is committed to helping secure America by providing innovative emerging technologies and expert services to meet the country's needs to protect our people, our borders and our infrastructure assets. The Company is a Board member of the Homeland Security Industries Association (http://www.hsianet.org).
``Forward-Looking Statements''
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of Markland Technologies officials during presentations about Markland Technologies, are ``forward-looking'' statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the ``Act''). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as ``expects,'' ``anticipates,'' ``intends,'' ``plans,'' ``believes,'' ``estimates,'' or similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings, growth rates, or our expected quarterly revenues), ongoing business strategies or prospects, and possible future actions, which may be provided by management, are also forward-looking statements as defined by the Act. Some of the factors that could significantly impact the forward-looking statements in this press release include, but are not limited to: difficulties integrating our acquisition of EOIR, insufficient cash flow to continue to fund the development and marketing of the Company's products and technology; a rejection of the Company's products and technologies by the marketplace, and; disputes as to the Company's intellectual property rights. Forward-looking statements are based upon current expectations and projections about future events and are subject to risks, uncertainties, and assumptions about Markland Technologies, its products, economic and market factors and the industries in which Markland Technologies does business, among other things. These statements are not guarantees of future performance and Markland Technologies has no specific intention to update these statements. More detailed information about those factors is contained in Markland Technologies filings with the Securities and Exchange Commission.
Markland Technologies, Inc is a featured Company on *********************.com, a service for which Markland compensates the provider.
-------------------------------------------------------------------------------- Contact: Markland Technologies http://www.marklandtech.com or ECON Corporate Services Dawn Van Zant, 866-730-1151 dvanzant@***************** or Trevor Ruehs, 866-730-1151 truehs@*****************
-------------------------------------------------------------------------------- Source: Markland Technologies Inc.
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