Markland will target companies that can exploit Acoustic Core's(TM) unique ability to detect non- metallic threats carried by humans. In parallel to this marketing effort the company has also applied for patent protection for its APTIS(TM) screening portal product design concept.
The company's Acoustic Core(TM) technology has been developed over the last decade to address shortcomings in screening equipment such as those which exist in the marketplace for detection of illicit materials and non-metallic threats carried by humans.
The APTIS(TM) screening portal is being designed to perform primary screening of humans for the detection of concealed weapon threats. The device incorporates multi-sensor data fusion techniques which combine conventional metal detection technology with Acoustic Core(TM) based detection of non-metallic threats.
The initial phase of APTIS(TM) testing has been successfully completed. During this phase testing goals were to be able to detect, beneath clothing on a stationary human, the presence of three target types: a plastic flare gun, a ceramic knife and a surrogate target, which simulated plastic explosives in sheet form.
Robert Tarini, CEO of Markland stated, "During 2003 we have successfully created a sustained revenue base from our Border Security and Chemical Detector business segments. Our goal in 2004 is to grow this revenue base and to also create a sustained revenue stream from our Advanced Technologies business segment. It is anticipated that this revenue stream from our Advanced Technologies business segment will occur in the form of royalty and licensing revenues derived from our growing patent portfolio."
About Markland Technologies
Markland Technologies, Inc is committed to helping secure America by providing innovative emerging technologies and expert services to meet the country's needs to protect our people, our borders and our infrastructure assets. The Company is a Board member of the Homeland Security Industries Association
``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: 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.
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SOURCE: Markland Technologies
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