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Author Topic: MRKL / near lows / great news / accum. now
Grynder
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IMO, great price / news to climb aboard

RIDGEFIELD, Conn., Feb. 10, 2005 (PRIMEZONE) -- 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 Markland. The contract has a
potential value of approximately $406 million over the life of the contract.

"I am very pleased to be able to announce these recent contract awards," said
Mr. Tarini. "The NVESD is a world leader in the development of electro-optic
sensor technology and Markland is grateful to be selected as an important
supplier of sensor technology to the US Army and our highly skilled and
courageous soldiers in the field."

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

The ECON Investor Relations Inc. logo is available at:

http://media.primezone.com/prs/single/?pkgid=350

More information on Homeland Security issues, including news releases, events
and experts available for comment, can be found on the Homeland Security
Newsline at www.primezone.com/hs.

CONTACT:
Markland Technologies
http://www.marklandtech.com

ECON Corporate Services
(866) 730-1151
Dawn Van Zant
dvanzant@*********************.com
Trevor Ruehs
truehs@*********************.com

--------------------
On the other hand,

you have different fingers.

Posts: 896 | From: Arizona. It's a dry heat ! | Registered: Dec 2004  |  IP: Logged | Report this post to a Moderator
diceman
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Company has lots of revenue and contracts. Looks like a bargain where its at.
Posts: 73 | From: Southern California | Registered: Dec 2004  |  IP: Logged | Report this post to a Moderator
   

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