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Colonel Jeffrey A. Powers (USMC, Retired) Tapped to Lead HSTI Into Expanding Defense Market
DEL MAR, CA--(MARKET WIRE)--Apr 21, 2004 -- Eyemakers, Inc. (Other OTC:EYEM.PK - News) announced today that its has completed its first acquisition in the Homeland Defense Market by acquiring all the assets of Homeland Security Technology, Inc. (HSTI). Additionally, Colonel Jeffrey A. Powers (USMC Retired) has been tapped to lead the company into the rapidly expanding Homeland Defense market.
"After extensive strategies sessions with Colonel Powers about his vision for the future of Homeland Defense and Security, it was decided to rapidly proceed and close this acquisition in record time. Colonel Powers has extensive experience in special operations with the Marine Corps and with the US Army Special Forces. He is also experienced in mechanized warfare and has worked in the US, the Middle East and Europe to include Operation Desert Shield and Desert Storm. Much of his experience involved state, federal and local police interaction," commented Mr. Ernest Remo, CEO of Eyemakers, Inc.
"HSTI has evolved into a business from my many years of military experience and dozens of contacts both with the defense contractor industry and with active duty military. Currently, we are in active negotiations with several defense contractors squarely the face of the current homeland security market. These companies are established operating concerns and we are in late stage discussions to either acquire them or form strategic alliances to market, distribute and design gear for the military. The most promising sector from the special operations point of view is finding technology that will protect military personnel in urban warfare situations. We are aggressively looking at technology in wireless surveillance robotics, non-lethal weaponry and hi-tech infantry gear," stated Colonel Powers. "I am extremely excited about getting HSTI off and running and it is anticipated that further developments will be publicized shortly," concluded Colonel Powers.
ABOUT HOMELAND SECURITY TECHNOLOGY, INC. (HSTI)
HSTI is a developmental stage company based in north county San Diego. HSTI is a division of a public company, Eyemakers, Inc. (Other OTC:EYEM.PK - News). HSTI's mission is to develop and commercialize technology focused on providing increased security for both civilian and military personnel throughout the world. Under the Leadership of Colonel Jeffrey A. Powers USMC (Ret) HSTI seeks to assemble a portfolio of technology and services through alliances with established defense related companies and through internal development that can be brought to market in a cost efficient and timely manner.
2005 Homeland Security Market
Recent press reports have indicated that President Bush has proposed a 14.4% increase in spending for the Department of Homeland Security to $47.4 billion. The request for total military spending was slated at $402.6 billion. Highlights of the 2005 budget include: $3.2 Billion for Future Combat Systems an Army program developing military gear for soldier to use in combat situations. $890 million was budgeted for aviation security measures such as bomb detection machines and air marshal training. The Justice Department is to receive a 242% budgetary increase from 2001 levels to $22 billion for counter-terrorism and homeland defense efforts allocating more than 2,600 FBI agents for counter-terrorism efforts.
Colonel Jeffrey Powers USMC (retired) has recently retired from the US Marine Corps achieving the rank of Colonel. He is veteran of Operation Desert Shield/Storm where he commanded a 1200 man Task Force into Saudi Arabia as part of the lead Marine Corps contingent in Desert Shield. Colonel Powers was decorated for valor while serving as Operations Officer for the lead Task Force into Kuwait. Additionally, Colonel Powers held command assignments in Marine reconnaissance, light armor reconnaissance, a Dutch Marine rifle company, a US Army Special Forces (Green Beret) training company, as well as officer in charge of Special Operations Training Group for the Marines on the west coast. He commanded two Light Armor Reconnaissance Battalions. Following retirement from the Marine Corps, Colonel Powers worked as an analyst for the US Army's Future Combat Systems at Boeing. Colonel Powers has over 26 years experience in training, motivating, and directing multinational, civilian, and military personnel. He developed combat proven techniques utilized to build cohesive teams capable of rapid planning and response in any high stress environment. Experienced in leading and teaching several thousand personnel to include military, law enforcement and corporate groups. Highly regarded as a charismatic leader and instructor. Continuously sought for leadership and motivational speaking engagements, in addition to numerous course work and continuing education throughout his military career, Colonel Powers is a graduate of Villanova University with a BA in Criminal Justice, an MS in Urban and Environmental Studies from Renselaer Polytechnic Institute and an M.A. in National Security and Strategic Studies, Naval Warfare College, Newport, Rl.
This press release contains forward-looking statements pursuant to the "safe harbor" provisions of the Private Securities Litigation Act of 1995. These statements include risks and uncertainties that may make the company's plans to change and are in no way intended to guarantee that the company will be successful in executing its plans. Eyemakers, Inc.'s common stock currently trades on the over-the-counter "Pink Sheets" under the symbol "EYEM." This press release in no way constitutes any recommendation regarding the securities of Eyemakers, Inc., or its affiliates. Though its securities are publicly traded, Eyemakers has failed to comply with its obligations to make periodic filings with the U.S. Securities and Exchange Commission. Accordingly, the nature and extent of information usually available to the public regarding companies whose securities are publicly traded are not available regarding Eyemakers, Inc. Any person reading this press release is advised that this release should be considered in light of all facts and circumstances regarding the business and financial condition and prospects of Eyemakers, Inc., and no inference is made in this release contains all such information.
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www.HomelandSecurityTechnologyInc.com
