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It closed strong.. It could run a littler tomorrow.
SCIAX CP (U-SCXC) - News Release Sciax Delivers Product to U.S. Military 2005-03-08 08:30 ET - News Release
BAY CITY, MI and TORONTO -- (MARKET WIRE) -- 03/08/05
Sciax Corp. (OTC: SCXC) reported today that it has completed delivery of the confidential defence product developed by Sciax R&D partner Eomax Corp. to its U.S. military customer.
A briefing of the customer focusing on product capabilities and applications was provided by Sciax personnel and Ken Smart of Eomax Corp. as part of the delivery process. "The delivery was well received by the customer and further discussions with this group on this, and possibly other products is expected," stated Ralph Manore, Vice-President of Operations for Sciax.
The Sciax Wolf Pack is a highly modularized opto-electronic remote viewing system used by law enforcement and military personnel. The reconfigurable, multi-operational design of Wolf Pack makes the system ideal for many applications in physical security, drug and contraband interdiction, tactical response and protective security. Wolf Pack electronics and optical components are built to high standards of durability, allowing successful deployment in harsh conditions that would prohibit the use of many conventional imaging systems.
About Sciax
Sciax is an emerging leader in defense imaging systems for law enforcement and military personnel engaged in counter-terrorism and other special security operations. Sciax America Inc. and Sciax Technology Inc. are wholly owned subsidiaries of Sciax Corp. (OTC: SCXC).
Wolf Pack, the company's tactical remote viewing system, is manufactured under license from Eomax Corp., and is used by law enforcement and military organizations in North America and Europe. Customers include military and law enforcement agencies of the US and German Governments, contraband interdiction units of Canada Customs, and LAPD-SWAT.
This release contains forward-looking statements with respect to the results of operations and business of Sciax Technology Inc., Sciax America Inc. and Ugomedia Interactive Corp. which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports. The Company intends that such statements about the Company's future expectations, including future revenues and enforcement and defense imaging system earnings, and all other forward looking statements be subject to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995.
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