Recent Acquisition of EOIR Technologies Inc. by Markland Technologies, Inc. Contributes to Record Monthly Revenue of $6,250,000 (Unaudited)
Monday September 20, 11:53 am ET
RIDGEFIELD, Conn., Sept. 20, 2004 (PRIMEZONE) -- Markland Technologies, Inc. (OTC BB:MRKL.OB - News) (http://www.marklandtech.com), an integrated homeland security company, announced that on a preliminary unaudited basis, it has recorded revenue of approximately $6,250,000 for the month of August 2004. The majority of this increase in contract revenues is attributable to the recent acquisition of EOIR Technologies Inc. by Markland.
EOIR Technologies, Inc. has experienced strong sales revenue momentum in recent months as it continues to receive new contracts from Department of Defense, Department of Homeland Security and other U.S. government intelligence agencies.
Markland CEO/Chairman Robert Tarini stated that, ``We want to give shareholders visibility into the new business model that we have created for Markland and we continue to be pleased with the progress achieved to date of integrating EOIR Technologies into our corporate operating structure. Results to date have been very encouraging and we will continue to explore growth opportunities within the business via both organic means and also via potential corporate acquisitions.''
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).
[This message has been edited by SR112 (edited September 20, 2004).]