One Step Ahead

[Bo14172]

Another Navy contract for MRKL

$12 Million...entry levels are still decent...but pressure is there. B/A.... 1.235/1.23

U.S. Army Night Vision and Electronic Sensors Directorate Awards Markland Subsidiary $12M in Contracts FY05
9/21/2004 12:09:22 PM
RIDGEFIELD, Conn., Sep 21, 2004 (PRIMEZONE via COMTEX) -- Markland Technologies, Inc. ( MRKL ) ( http://www.marklandtech.com), an integrated homeland security company, announced today that the U.S. Army's Night Vision and Electronic Sensors Directorate (NVESD) has awarded EOIR Technologies Inc., a wholly owned subsidiary of Markland, contracts totaling an amount of over $12 Million for July and August the first two months of the company's fiscal year. These contracts are part of an ongoing NVESD Omnibus Contract. These funding awards are for EOIR to provide goods and services for the development of sensors and data collection platforms, and are awarded at the end of each month by NVESD.

The goods and services to be provided by EOIR personnel are as follows:

-- Develop, manufacture and test airborne surveillance sensor suites.

-- Assist in the construction of prototype sensors, data collection devices and surrogate vehicles.

-- Provide technical support for the integration of prototype multi-sensor suites.

-- Provide spare parts, new equipment or repairs as required to support fabrication of prototype sensors and collection platforms.

-- Design and fabricate test fixtures, mechanical subassemblies and complete systems as required for certain integration tasks.

Markland CEO/Chairman Robert Tarini stated, "The NVESD contract has an Option Year Three (2004) contract ceiling funding amount of approximately $85M. Having captured $12M in contract funding in the first two fiscal months of 'FY05 on this contract demonstrates that EOIR Technologies is a valued US Army NVESD contractor and exemplifies the continued close working relationship EOIR has with the U.S. Army customer. We continue to be proud of our efforts to support our soldiers in the field with the best sensor technology available.'

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).

"Forward-Looking Statements'