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MSNC - Homeland Security company with very positive news out! READ THROUGH...
Malers Automation and Control Achieves Breakthrough in Homeland Security Sensor System Improved Electronics Meets Strict Military False-Positive Standards
HADERA, Israel, June 14, 2005 (PRIMEZONE) -- Malers Automation and Control Ltd. ("Malers") (Pink Sheets:MSNC) today announced that the Company has confirmed a significant breakthrough in the development of its homeland security product which will be used to detect movement underground.
After completion of field testing at depths of 15 feet two months ago, the Company put significant efforts into increasing the reliability of the sensor's readings. "We have added several improvements to the sensor's electronics, which guarantee us a 90% minimum of reading reliability," says Ronen Luzon, Malers' CEO. "This is a critical milestone for us in taking the product to the next development stage, because the military community will only be satisfied with an extremely low false-positive ratio."
Malers expects to have final readings from independent labs on the reliability of the sensor system in the coming weeks. In parallel, the Company is working on the next stages of development of the system, which will eventually lead to depth readings of over 80 feet.
"Our latest findings are a confirmation of the path we are taking in developing the sensor system," continues Luzon. "Homeland security officials cannot activate their staff and resources based on low reliability systems, as in many cases, this would bring about more panic than benefit. Solving reliability issues gives us the peace of mind we need to focus on reaching the levels of depth that we have set as our goal over the coming months."
The security system under development for the homeland security market will enable law enforcement officials and governments to detect underground activity around borders and security fences.
About Malers
Malers Automation and Control Ltd. is an Israeli systems company that develops, manufactures, sells and maintains automation and control systems for industrial applications. The Company produces turn-key systems that replace labor intensive, error prone and costly manual production and monitoring functions. Since the Company's inception in 1996, Malers' custom designed systems have been installed in major industrial applications worldwide. Their systems offer centralized and remote control of complex manufacturing processes, and data collection and analysis systems.
For more information, please contact Ronen Luzon, at 011-972-54-477-5656 or malers-a@malers-automation.com or visit us on the Web at www.malers-automation.comPosts: 489 | From: Florida | Registered: Aug 2004
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Just bought into this one today! Looks good. Not sure what the O/S is.. but an r/s was done a bit ago and the co. stated less than 15m for the o/s. (needs to be verified) Nice string of Pr's though.. Chart looks good though.. I think that It bottomed at .005 or so and now hopefully we will be in a continuous upswig.... Had a hay of a time getting filled today though...Lots of partials.. MM games, or low float...? I like what I see though, go through the last few prs... GL
Posts: 232 | Registered: Aug 2005
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Jus Do Um-- I was only able to pick up half of what I wanted today. Depending on what happens in the morning, I am going to try and pick some more up. GL
Posts: 232 | Registered: Aug 2005
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Anybody pick up any shares as of late? If you did, how did you get filled? How long did it take? Did you have to put an order in above the ask? Let me know..Thanks
Posts: 232 | Registered: Aug 2005
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Does anyone know when status of FNRP will become unrestricted? I want to get rid of it.
Posts: 3 | From: Irving, TX, USA | Registered: Apr 2004
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From what I've researched getting rid of FNRP is going to be a pain in the butt. The restriction of these shares end around Oct 7th 2005 under Rule 144. Ameritrade has Rule 144 forms you can print out. When I looked at the form I got totally frustrated. It's about 6 pages long and asks a bunch of questions concerning the stock you want to unrestrict. That's not even the biggest problem. The biggest problem is trying to find what they need to know about FNRP. I cannot find any information on FNRP. Somebody out there knows something about this stock. People are buying and selling it periodically. I too have shares I would like to get rid of and by reading the other posts on the forum so do a lot of other people. If anyone out there can point me in the right direction in finding out any information on FNRP please let me know.
Posts: 10 | Registered: Mar 2004
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