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Corporate Web Site: http://www.VLYF.com
Investor's Package: http://www.vfct.com/media/investor-package.pdf
August 21, 2007 Interview with Valley Forge Composite Technologies' CEO Lou Brothers
Part 1: http://youtube.com/watch?v=2NOPFTCSUH4
Part 2: http://youtube.com/watch?v=qs-R0AMghXo
30 second television commercial produced to be aired on CNBC: http://tinyurl.com/2x4uup
THOR-LVX For Cargo
Valley Forge is partnered with the Lawrence Livermore National Laboratory, and the Lebedev Physical Research Institute, the Russian Federation's top laboratory, to develop and commercialize a product for inspecting cargo containers and airline cargo, faster and more thoroughly than current methods.
On August 3, 2007, President Bush signed into law Bill HR1 which among other things, calls for the screening of 100% of cargo shipped on passenger planes before the plane can take off, within three years, and sets a five year goal on the 100% screening of all cargo containers at foreign seaports bound for the United States.
The screening technology in use today at airports and seaports to ensure bombs, drugs, guns and biological weapons and nuclear material are not brought into our ports or onto our airplanes is largely based on X-ray images, which produce questionable or fuzzy images, meaning the container must be taken aside and unloaded by hand in the quest to find something amiss.
Plagued by a high "false positive" rate and subject to operator interpretation, X-ray technology allows for only a small fraction of the 16 million cargo containers arriving in the US by ship to be screened.
As Bill HR1 made its way into law, there was concern from legislators that existing technologies was not advanced enough to meet the challenge.
According to an article released by the office of US Congressman Bob Ethridge (NC-D) dated May 6, 2006, approximately 95% of US trade enters through seaports and only 5% of the containers are screened.
THOR-LVX is not a new type of X-ray machine. It is a novel gamma-based baggage/container screening system.
High energy gamma is used to penetrate steel, concrete and lead, and report the definitive molecular composition of the contents. The system is fully automatic, extremely fast and efficient, and promises to enable the detection of threats in any configuration through shielding.
The size, relatively low expense and fundamentally simple physics underlying the THOR-LVX photo-nuclear detection system could make it not only our best near-term hope for ensuring the public safety, but offers the opportunity to flip the unfavorable strategic balance we are facing in the global struggle against terrorism. Cargo hubs, seaports and airports, border crossings, rail yards, postal facilities and governmental offices worldwide can benefit from the THOR-LVX system.
ODIN-ULDRIS For People
The problem with the current state of airport security is best highlighted in a report made public on November 14, 2007 by the GAO (Government Accountability Office). Government officials successfully smuggled liquid explosives and detonators past airport security, exposing a dangerous hole in the nation's ability to keep these items off our planes.
"It is possible to bring the components for several IEDs (improvised incendiary devices) through TSA checkpoints and onto airline flights without being challenged by transportation security officers," said the GAO, Congress' investigative arm.
The covert tests were conducted at Transportation Security Administration checkpoints at 19 airports in March, May and June of 2007. The GAO did not identify the airports.
The TSA agreed with the investigators' recommendation to introduce "more aggressive, visible and unpredictable security measures," as well as the recommendation to deploy new detection technologies.
Valley Forge has a possible solution with its ODIN-ULDRIS next generation personnel screening device.
Unlike the backscatter X-ray devices presently in use, Valley Forge's ODIN machine uses an Ultra Low Dose Digital Radiographic Imaging System (ULDRIS)designed to detect both metal and non-metallic illicit objects hidden on or inside the human body. ODIN-ULDRIS detects ceramic or composite weapons, packaged narcotics, bulk or sheet explosives as well as swallowed items via a near medical quality image in approximately 2 seconds per person.
This equates to a throughput of approximately 720 persons per hour - and the need to remove shoes and jackets is eliminated. Personal privacy is ensured as images are remotely sent to a location physically removed from the screening area.
ODIN-ULDRIS is immediately available and suitable for schools, airports, ferry terminals, sporting arenas, concert halls, museums and government buildings such as court houses, jails and prisons.
Other Products
Space components have been a mainstay of Valley Forge's product offerings. The market for Valley Forge's momentum wheels has dramatically increased. Valley Forge is currently engaged in a manufacturing contract with NASA, as well as filling multiple orders for a large aerospace corporation. Sun sensors, star trackers and other attitude control instruments are also available from the company's comprehensive aerospace offerings.
Investors FAQ
What are the projected revenues of Valley Forge?
At this time it is the Company’s policy to not project revenues. However, the Lawrence Livermore National Laboratories 2005 Annual Report mentions their Explosives Detection System and notes, "the potential market for this technology is huge; the U.S. market demand alone is approximately $2 billion per year for hardware and $2.5 billion for maintenance and support services." (For additional information please refer to page 17 of the Lawrence Livermore National Laboratory 2005 Annual Report. http://tinyurl.com/327v79
Are there any subsidiaries under Valley Forge?
Valley Forge has four subsidiaries: Valley Forge Detection Systems, Inc., Valley Forge Imaging, Inc., Valley Forge Aerospace, Inc. and Valley Forge Emerging Technologies, Inc.
Are there other companies or agencies in partnership with Valley Forge?
Yes. Under a grant from the U.S. Department of Energy (DOE), Lawrence Livermore National Laboratories (LLNL) has partnered with Valley Forge to facilitate commercialization through testing and validation of its Thor LVX Explosives Detection System. Valley Forge has also partnered with the P.N. Lebedev Physical Institute of the Russian Academy of Sciences (LPI), the premier physics laboratory in the Russian Federation, to develop the Thor LVX technology. Valley Forge is a member of the United States Industry Coalition, Inc. (USIC) which supports the missions and the goals of the Department of Energy's National Nuclear Security Administration's Global Initiative for Proliferation Prevention (IPP). (For more information on USIC visit http://www.USIC.net .)
What products are available through Valley Forge?
Valley Forge has two major products in addition to a number of components for use in Satellite Systems. THOR LVX is their Advanced Explosives Detection System. This system penetrates all shielding to detect and identify explosives, nuclear material, chemical and biological agents and narcotics. It is three times faster than current systems and has a detection rate of 99.6%. The expandable database may be tailored to a customer's needs. The ODIN-ULDRIS Personnel Screening System provides near-medical quality imaging of humans or animals. ODIN-ULDRIS allows the screener to detect items such as explosives, weapons, gemstones, bundled currency and ingested items with a high throughput rate of approximately 720 persons per hour. ODIN-ULDRIS eliminates the need to remove coats and shoes.
What are the likely markets for these products?
Valley Forge's THOR LVX Advanced Explosives Detection System can be used in ports, rail yards, airports, world-wide express cargo facilities, postal facilities, border crossings, military field applications and many other world markets. The ODIN-ULDRIS Personal Screening System may be used in any market requiring personal screening such as schools, government buildings, sporting events, concerts, border crossings, rail stations, ferry terminals and airports. They are currently investigating medical applications as well.
Where will these products be distributed?
Valley Forge intends to sell its products in the United States, Canada, Europe, the Middle East and Far East. However, the need for Valley Forge's next-generation detection systems and counter-terrorism technology exists worldwide.
Does Valley Forge have U.S. approval for their products?
The U.S. Department of Energy and Lawrence Livermore National Labs, designated as the "Center of Excellence" for EDS technologies, is currently in the final stages of testing and validation for Valley Forge's Thor LVX Advanced Explosives Detection System. Additionally, ODIN-ULDRIS technology is presently in use in Russia, and is in the final stage of validation for worldwide distribution.
How do I obtain information on these products?
Contact the Corporate Offices or visit their website at http://www.VLYF.com .
How can I purchase these products?
Contact Valley Forge's Corporate Offices for information on obtaining their products.
Are the financials for Valley Forge certified?
Yes. Valley Forge fully complies with all SEC accounting standards and is audited by the accounting firm of Sherb & Co., with offices in New York City and Boca Raton, Florida.
What is the capital structure of Valley Forge?
There are 100 million shares of common stock authorized and 46,296,500 shares of common stock issued and outstanding. Approximately 6.3 million shares exist in the public float.
Does Valley Forge offer a direct purchase plan of company stock?
Not at this time.
Where is Valley Forge located and how can I contact the company?
Valley Forge's Corporate Offices are located at 50 East River Center Boulevard, Suite 820, Covington, KY 41011. Their phone number is (859) 581-5111 and their fax number is (859) 581-5116. Or email Valley Forge at investorrelations@vlyf.com.
