Anyone here look at LENF? Momo has slowed, but the stock has fundamentals:
Law Enforcement Associates Retains Former Vice President of Engineering at Tasertron
Monday September 20, 10:08 am ET
YOUNGSVILLE, N.C.--(BUSINESS WIRE)--Sept. 20, 2004--Law Enforcement Associates Corporation (OTCBB:LENF - News), a surveillance and security technology company, announced today that it has retained James McNulty, Sr. to an exclusive consulting agreement. Mr. McNulty was vice president for operations and engineering at Tasertron. While at Tasertron he invented the first less lethal anti-personnel land mines and sentinel systems that subdued combatants with electric shocks. Mr. McNulty is a member of the Institute of Electrical and Electronic Engineers and a Senior Member of the Society of Manufacturing Engineers. During his distinguished career, Mr.McNulty worked with Grumman Aircraft and Sperry Products designing radar systems and improvements to ultrasonic testing equipment. In addition, while at Lear Siegler, Mr. McNulty served as a program manager for several military R & D programs, including programs for design of the ignition inverters for the Polaris and Poseidon missile systems.
Commenting on the consulting agreement, Paul Feldman, President of LENF, stated, "We are very excited to be working with Mr. McNulty, an individual who brings over 30 years of experience in the electronics field. He will be instrumental in aiding Law Enforcement Associates in our efforts to market and manufacture Less Lethal, Electrical Discharge Weapons for which we have just acquired the patents." Mr. Feldman added, "In addition to his design duties, Jim McNulty will be responsible for designing and implementing our Law Enforcement training program for the use of our "Less Lethal" weapons."
About Law Enforcement Associates Corporation
Law Enforcement Associates, Inc. (LENF.OB) headquartered in Youngsville, N.C., manufactures and markets a diverse line of undercover surveillance products including a complete line of audio surveillance equipment. LEA currently markets to the Military, law enforcement, security and corrections personnel throughout the world, as well as governmental agencies, multinational corporations and non-governmental organizations. For more information on LEA, visit www.leacorp.com.
Forward-Looking Information:
The statements in this news release contain forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve certain risks, assumptions and uncertainties, including the inability to generate and secure the necessary product sale, or the lack of acceptance of the company's products by its customers. In each case actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or modified) will not be realized.
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Contact:
Law Enforcement Associates
Paul Feldman, 919-554-4045
IR@Lea.com
"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854
