Laser Energetics Will Exhibit in the CACI International Booth at the AUSA Annual Meeting & Exposition Featuring Its Line of D...
September 24 2012 - 9:03AM
Marketwired
Laser Energetics, Inc. (PINKSHEETS: LNGT) today announced that it
will exhibit at the AUSA Annual Meeting and Exposition being held
in Washington, D.C. from October 22 - 24. LEI will be featured in
the CACI Booth #2241 in the Main Exhibit Room on the Lower Level.
The Association of the United States Army Annual Meeting and
Exposition is the world's premiere Land Warfare Exposition and the
Army's largest Professional Development Forum with over 35,000
attendees. Laser Energetics recently entered into a strategic
teaming agreement with CACI International, Inc. (NYSE: CACI) to
provide its Dazer Laser® - Light Fighting Technologies Product Line
of laser optical distracters to the US Department of Defense and
other federal government organizations back in August of 2012.
Laser Energetics has developed the safest and most effective
Optical Distracters in the world today which temporarily impairs
the vision of adversaries providing a force multiplier for U.S.
Military, Homeland Security, and Law Enforcement personnel. The
market for such non-lethal weapons is forecasted to grow
significantly as governments worldwide work to counter asymmetric
warfare threats and protect citizens with non-lethal technology.
The Dazer Laser® Product Line consists of hand-held and
weapons-mounted models that have advanced operational and safety
features which are unique in the industry. The products offer
desirable stand-off distances for operators when required, are
eye-safe for very close combat and crowd control scenarios, are
combat effective at extended long ranges, and have low weight and
effective power characteristics that meet and exceed current
mission capability requirements from 1-2400 meters (model
dependent). CACI, Inc. will provide key logistics support for the
products including deployment planning, installation and training,
warranty management and sparing, field service representatives, and
help desk services. The company will leverage its significant
experience and deep understanding of US Military and Homeland
Security missions, along with Laser Energetics' cutting-edge
technologies, to offer customized solutions that enhance client
missions and technical capabilities.
"Teaming with CACI at AUSA furthers our strategic position to
increase sales and further penetrate the federal market space,"
stated Robert D. Battis, Founder and Chief Executive Officer of
Laser Energetics. "Laser Energetics and CACI have been successfully
educating the world that the Dazer Laser® is the only Optical
Distractor that can be operated both safely and, just as
importantly, effectively at all ranges from 1-2400 meters (model
dependent). Together, we know our Warfighters will be better off
with the Dazer Laser® because its broader range of effectiveness
will keep our Warfighters alive and that is the main goal of Laser
Energetics and CACI." In addition, Laser Energetics and CACI will
be focused on meeting with key personnel involved in the five
Military Contracts we are part of with the US Army, US Marines, US
Navy, and JNLWD. We thank you for your support and please look for
photographs of the show on our website after the conclusion of the
AUSA Annual Meeting & Expo. If any of our supporters are in the
Washington, D.C. area October 22 - 24 please stop by and see us
featured in the CACI booth at the world's premiere Military
shows.
About Laser Energetics: Laser Energetics
has and continues to develop a comprehensive and strategic product
line of Dazer Lasers® and laser products that address laser
applications in Industry, Science, Medicine, Homeland Security and
the Military. The Company has had a primary focus on its Dazer
Laser® - Light Fighting Technologies as well as its Alexandrite
laser technology. More information about the company is available
on the Internet at www.laserenergetics.com.
About CACI: CACI sustains an exceptional
record of success by providing information solutions and services
needed to prevail in the areas of defense, intelligence, homeland
security, and IT modernization and government transformation. We
deliver business system solutions; C2 solutions; cyberspace
solutions; enterprise IT solutions; geospatial solutions;
healthcare IT solutions; identity management solutions; integrated
security solutions; investigation and litigation support; ISR
solutions; knowledge management solutions; logistics and material
readiness; mobility solutions; and program management and SETA
support. CACI solutions help federal clients provide for national
security, improve communications and collaboration, secure
information systems and networks, enhance data collection and
analysis, and increase efficiency and mission effectiveness. A
member of the Fortune 1000 Largest Companies and the Russell 2000
index, CACI provides dynamic careers for approximately 14,700
employees working in over 120 offices in the U.S. and Europe. Visit
CACI on the web at www.caci.com and www.asymmetricthreat.net.
Safe Harbor: Statements regarding
financial matters in this press release other than historical facts
are "forward-looking statements" within the meaning of section 27A
of the Securities Act of 1933, Section 21E of the Securities
Exchange Act of 1934, and as that term is defined in the Private
Securities Litigation Reform Act of 1995. The company intends that
such statements about the Company's future expectations, including
future revenues and earnings, technology efficacy and all other
forward-looking statements be subject to the safe harbors created
thereby. The Company is a development stage company who continues
to be dependent upon outside capital to sustain its existence.
Since these statements (future operational results and sales)
involve risks and uncertainties and are subject to change at any
time, the Company's actual results may differ materially from
expected results.
For additional information: Michael Little (609) 610-4095
ir@laserenergetics.com
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