posted
Anybody know anything about Markland Technology...looks like a real business with real contracts, 200 employees, and is down from 15 cents in August and near a buck in the last year, only to be around .042 with positive news coming out...appears to have somwhere between 90 million and 150 million shares O/S, so not too bad there either. Thinking it's a good entry price and a viable interesting business....
Markland Technologies Announces U.S. Army's Night Vision and Electronic Sensors Directorate Awards $3.3 Million in New Contracts to Subsidiary EOIR Inc. Thursday September 22, 11:00 am ET
BOSTON, Sept. 22, 2005 (PRIMEZONE) -- Markland Technologies, Inc. (OTC BB:MRKL.OB - News) and Technest Holdings, Inc. (OTC BB:TCNH.OB - News), defense and homeland security companies 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 subsidiary EOIR Technologies Inc. new orders for technology products and services totaling $3.3 million. ADVERTISEMENT
The Army's NVESD research and development group is one of the U.S. military's most advanced technological leaders. EOIR Technologies Inc. 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 $3.3 million in new orders come under an NVESD omnibus contract. The omnibus contract Option Year Four was awarded on July 15, 2005. Since that date, EOIR Technologies Inc.'s omnibus contract awards have totaled $13.5 million. As of August 31, 2005, EOIR Technologies Inc. had funded backlog of $50.6 million.
The ongoing Omnibus contract may provide a maximum ceiling amount of up to $80 million in fiscal year revenues. 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.
-------------------- I may be wrong, but I don't think so.... Posts: 837 | From: Madison, WI | Registered: Sep 2005
| IP: Logged |
posted
After a few down days, gapping up on decent news.....$0.0375 in premarket...
EOIR Technologies Inc. Awarded New Engineering Support Contract by US Navy Wednesday September 28, 8:00 am ET Contract Has Potential Value of $14M in Revenue
BOSTON--(BUSINESS WIRE)--Sept. 28, 2005--Markland Technologies, Inc. (OTC BB:MRKL.OB - News) and Technest Holdings, Inc. (OTC BB:TCNH.OB - News), defense and homeland security companies transforming advanced laboratory technology into real-world products, announced today that subsidiary EOIR Technologies Inc. has been awarded a contract by the US Naval Surface Warfare Center Dahlgren Division (NSWCDD) to provide system design, engineering support and systems integration for a new land-based vehicle to be used by the US Marines. Dr. Joe Mackin, President of Technest Holdings, made the announcement. ADVERTISEMENT
NSWCDD is one of the U.S. Navy's principal research, development and fleet support organizations. The Division conducts analysis, systems engineering, research, test and integration of naval and joint warfare systems.
The award is the second made to EOIR Technologies Inc. in support of the NSWCDD mission. The contract has a potential award ceiling of $14.4M, with an initial funding of $1.9M. The contract performance period is 18 months.
EOIR Technologies, Inc. has been providing innovative sensor engineering products and services to customers within the Department of Defense for nearly twenty five years.
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.
About Technest Holdings, Inc.
Technest Holdings, Inc. (OTC BB:TCNH.OB - News), is a provider of intelligent surveillance and advanced 3D imaging technology solutions to the defense and homeland security marketplaces. Technest is committed to setting next-generation standards in defense and security through the provision of innovative emerging technologies and expert services. Technest's solutions support military, law enforcement and homeland security personnel. Through strategic development, Technest 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.
"Forward-Looking Statements"
Investors are cautioned that certain statements contained in this press release as well as some statements in periodic press releases and some oral statements of Markland Technologies officers and directors 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, 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.
For full details, click here: http://www.*********************.com/Companies/MarklandTech/ Default.asp (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.)
-------------------------------------------------------------------------------- Contact: Technest Holdings Dr. Joe Mackin, 203-894-9700 markland*marklandtech.com
-------------------- I may be wrong, but I don't think so.... Posts: 837 | From: Madison, WI | Registered: Sep 2005
| IP: Logged |
posted
Lookin good...saw it at .0385 yesterday was thinking about buying it. Bought in .04 today, hopin to get .046-.051 for 15-20% gain. GL.
Posts: 604 | Registered: Aug 2005
| IP: Logged |
posted
Isn't this one being diluted? I thought I heard that it had been somewhat.
Posts: 255 | From: Charlottesville, VA | Registered: Feb 2005
| IP: Logged |
posted
probably..this dropped a bunch a couple of weeks ago..I really expected it to rebound with that PR...anyway I got back out cause it wasn't moving..cost me $10 for the commissions lol
Posts: 289 | From: Atlanta | Registered: Jul 2005
| IP: Logged |
posted
I had to get out with a small loss. Looks like this is headed towards .02 instead of .045, diluting to death.
Posts: 604 | Registered: Aug 2005
| IP: Logged |
posted
Nothing but good news coming from the company with another big order, it makes a very small move up for the news (nothing like on Wednesday) and now it's even down to .0311x.032 on 22 million shares....diluting?? Must be, either that of MM games...only time will tell. 108,805,091 shares o/s as of 4/21/05 and 154,822,317 as of 5/19/05 and there was 94,494,159 as of 3/31/05 filing, and with 500,000,000 authorized, perhaps the market is being flooded...but the news sure looks good.
U.S. Army's Night Vision and Electronic Sensors Directorate Awards EOIR Technologies Inc. $9.3 Million in New Contracts Thursday September 29, 9:48 am ET
BOSTON--(BUSINESS WIRE)--Sept. 29, 2005--Markland Technologies, Inc. (OTC BB:MRKL.OB - News) and Technest Holdings, Inc. (OTC BB:TCNH.OB - News), defense and homeland security companies 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 subsidiary EOIR Technologies Inc. new orders for technology products and services totaling $9.3 million. Dr. Joe Mackin, President of Technest Holdings, made the announcement. ADVERTISEMENT
The Army's NVESD research and development group is one of the U.S. military's most advanced technological leaders. EOIR Technologies Inc. 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 $9.3 million in new orders come under an NVESD omnibus contract. The omnibus contract Option Year Four was awarded on July 15, 2005. Since that date EOIR Technologies Inc. omnibus contract awards have totaled $25.6 million. As of August 31, 2005 EOIR Technologies Inc. had funded backlog of $50.6M.
The ongoing Omnibus contract may provide a maximum ceiling amount of up to $80 million in fiscal year revenues. 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.
EOIR Technologies, Inc. has been providing innovative sensor engineering products and services to customers within the Department of Defense for nearly twenty five years.
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.
About Technest Holdings, Inc.
Technest Holdings, Inc. (OTC BB:TCNH.OB - News), is a provider of intelligent surveillance and advanced 3D imaging technology solutions to the defense and homeland security marketplaces. Technest is committed to setting next-generation standards in defense and security through the provision of innovative emerging technologies and expert services. Technest's solutions support military, law enforcement and homeland security personnel. Through strategic development, Technest 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.
"Forward-Looking Statements"
Investors are cautioned that certain statements contained in this press release as well as some statements in periodic press releases and some oral statements of Markland Technologies officers and directors 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, 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.
For full details, click here: http://www.*********************.com/Companies/MarklandTech/ Default.asp (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.)
-------------------- I may be wrong, but I don't think so.... Posts: 837 | From: Madison, WI | Registered: Sep 2005
| IP: Logged |
posted
Markland Technologies Subsidiary, EOIR Technologies Inc., Announces New Orders for Technology Products and Services Totaling $9.3 million BOSTON, Sept. 29, 2005 (PRIMEZONE) -- Markland Technologies, Inc. (OTCBB:MRKL) and Technest Holdings, Inc. (OTCBB:TCNH), defense and homeland security companies 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 subsidiary EOIR Technologies Inc. new orders for technology products and services totaling $9.3 million. Dr. Joe Mackin, President of Technest Holdings, made the announcement.
The Army's NVESD research and development group is one of the U.S. military's most advanced technological leaders. EOIR Technologies Inc. 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 $9.3 million in new orders come under an NVESD omnibus contract. The omnibus contract Option Year Four was awarded on July 15, 2005. Since that date EOIR Technologies Inc. omnibus contract awards have totaled $25.6 million. As of August 31, 2005, EOIR Technologies Inc. had funded backlog of $50.6M.
The ongoing Omnibus contract may provide a maximum ceiling amount of up to $80 million in fiscal year revenues. 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.
EOIR Technologies, Inc. has been providing innovative sensor engineering products and services to customers within the Department of Defense for nearly twenty five years.
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.
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
