Defense Technology Systems, Inc. Announces Search for Homeland Security Proprietary Technologies for Acquisition and Marketing S
June 09 2005 - 1:56PM
Business Wire
Defense Technology Systems Inc. (OTCBB:DFTS) announced today the
launch of the company's search for Homeland Security technologies
with patents pending or issued or about to enter the patent
application process. Management is seeking the submission of
proprietary and cutting-edge security product solutions in need of
development and marketing support. Technologies and products sought
should fit into a product portfolio intended to provide preemptive,
precautionary and resilient response solutions. Ideally,
technologies will be prototyped, if not already in preliminary
trials. Leading candidates will be products and services that can
be rapidly developed and piloted subject to the availability of
necessary and specific financial and marketing support. Defense
Technology Systems recently implemented a revitalization and
redirection plan to leverage its experience in providing digital
communication infrastructure solutions to Fortune 1000 companies
and expand into providing overall Homeland Security solutions to
major metropolitan municipalities. To accelerate the plan, Defense
Technology recently acquired a majority interest in an established
Defense engineering firm with 15 years of experience and a
portfolio of proprietary technologies. Through acquisition, Defense
Technology has trailing twelve-month revenue of $5 million and
plans to significantly build on this revenue through organic
growth, new initiatives and potential acquisitions currently under
negotiation Candidate Homeland Security products and technologies
can be submitted for consideration at LCGroup@mindspring.com. About
Defense Technology Systems, Inc. Defense Technology Systems, Inc.
is an international provider of data and security solutions focused
on the Homeland Security and Defense industries. The Company offers
a broad portfolio of security-related products, including ballistic
glass, video surveillance, infrastructure security and associated
security systems. The Defense Systems team, working in
collaboration with its partners, will design, develop, manufacture,
install and market specialty products, equipment, and systems for
the safety and security needs of all sectors of the domestic and
international marketplace. In addition, DFTS recently acquired a
majority interest in DCI Corporation (www.dci-corp.com), a leading
edge technology company with over 15 years of experience in
engineering specialized hardware and software solutions when
commercial-off-the-shelf (COTS) products do not fulfill the
critical requirements of enterprise, military or government
organizations. DCI's experience has earned them the reputation as a
respected Homeland Security solution provider with a broad
portfolio of innovative proprietary technologies. This press
release contains statements (such as projections regarding future
performance) that are forward-looking statements as defined in the
Private Securities Litigation Reform Act of 1995. Actual results
may differ materially from those projected as a result of certain
risks and uncertainties, including but not limited to those
detailed from time to time in the Company's filings with the
Securities and Exchange Commission. For more information on Defense
Technology Systems, Inc. visit: www.DefenseTechnologySystems.com.
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