Markland Management Makes Presentation at New York Society of Security Analysts 2004 Homeland Security Industry Conference
RIDGEFIELD, Conn., Jul 6, 2004 (BUSINESS WIRE) -- Markland Technologies, Inc. (OTCBB: MRKL - News), an integrated homeland security company, (http://www.marklandtech.com/) delivered a presentation to an audience of Homeland Security industry analysts on June 30, 2004 in New York City. This presentation included a discussion and review of achievements made to date by Markland, including its most recent acquisition of EOIR Technologies Inc and the company's strategic corporate plan for the future.
Markland was founded in December 2002, and since then has executed on their business plan to develop a portfolio of integrated products and services which are focused on the Homeland Security and DOD Force Protection market place. In 2002, Markland determined that significant revenue opportunities were available in these markets, and that highly differentiated technology solutions would have a great impact. Markland has made significant achievements towards their goals, which include the following:
-- Purchase of Ergo Systems and establishment of the Company's Border Security initiatives.
-- Purchase of Gas Plasma Antenna intellectual property assets.
-- Development and successful test of Vehicle Stopping System.
-- Successful completion of four Gas Plasma SBIR programs directed towards revolutionary improvements in RADAR and Bio-Decontamination.
-- Purchase of Science and Technology Research Inc and subsequent delivery of over 225 ACADA portable shipboard chemical detector units to the US Navy
-- Purchase of EOIR Technologies Inc. As a direct result of these achievements Markland has created a robust revenue base which is focused on opportunities in the Homeland Security and DOD marketplace.
During the fiscal year ending June 30, 2005, the company expects to continue its rapid growth through three initiatives: 1) Leveraging its premier position in remote sensing technology, 2) Increased organic growth from the Company's Border Security Initiatives and 3) Continuing efforts to acquire select Homeland Security related assets.
Markland Chairman and CEO Robert Tarini stated, "We are focused on continued revenue growth. We believe that our premier remote sensing technology knowledge base will create a standout position in the marketplace. We expect that our revenues during the fiscal year ending June 30, 2005 will be in excess of $60M and that the Company will generate positive cash from operations in this period."
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 (http://www.hsianet.org/).
CONTACT: Contact: Markland Technologies, Inc. http://www.marklandtech.com/ or ECON Dawn Van Zant, 866-730-1151 dvanzant@investorideas.com or Trevor Ruehs truehs@investorideas.com
Copyright (C) 2004 Business Wire. All rights reserved. -0-
KEYWORD: CONNECTICUT INDUSTRY KEYWORD: LEGAL/LAW GOVERNMENT AEROSPACE/DEFENSE TRADESHOW STOCK SYMBOLS: [(mrkl)]
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