Markland Technologies (fka MKLD)

[ProfitScout]

Markland Technologies Elevates Two Key Executives from within Company Ranks to CFO and COO Positions

Company Director Joseph P. Mackin Fills Newly-Created COO Post, Financial Consultant Gino Pereira Named CFO

RIDGEFIELD, Conn., Dec 14, 2004 (BUSINESS WIRE) -- Markland Technologies, Inc. ( MRKL ), a defense and homeland security company transforming advanced laboratory technology into real-world products, has announced two new appointments within its executive suite. The Company named Dr. Joseph P. Mackin, a member of the board of directors, to the newly-created position of Chief Operating Officer. It also named Gino Pereira, a financial consultant to the Company for several months, to the position of Chief Financial Officer. The announcement was made by Robert Tarini, Chief Executive Officer of Markland.

Dr. Mackin is already a member of Markland's Board of Directors as well as the board of the Company's wholly-owned subsidiary, EOIR Technologies, Inc., (EOIR). He has been employed by EOIR since 2000, and is currently serving as the subsidiary's president. Since August, Mr. Pereira had been acting as a paid financial consultant to Markland.

The Company filed an SEC Form 8-K regarding the executive appointments yesterday, Dec. 13. The appointments were effective as of Dec. 7.

"Markland is extremely fortunate to have such strong executive talent and experience in-house to draw from as we filled these key positions," said Mr. Tarini. "Dr. Mackin and Mr. Pereira have both amply demonstrated their importance and leadership in the Company, as well as their expertise in the homeland security and defense industries. These appointments were the direct result of Markland's continued growth and success in the homeland security and defense sector, which made it necessary for us to find a way to more effectively concentrate the talents of our top executives."

As COO, Dr. Mackin will be responsible for Markland's strategic technology development and homeland security initiatives, and will be a key participant in corporate day-to-day operations at EOIR. He has served on numerous government panels and committees, and was most recently appointed as the Lead Sensor Scientist on the prestigious National Academy of Science study, "Army S&T For Homeland Defense," published in June 2003. Prior to joining EOIR, Dr. Mackin was an Assistant Sensor Systems Group Leader at the MIT Lincoln Laboratories, where he served as the system integration lead for the Smart Sensor Web program, as well as in other positions. He holds a Ph.D. in physics from the Massachusetts Institute of Technology and a BS in Engineering from the United States Military Academy at West Point. He is a retired officer of the United States Army.

Mr. Pereira also currently serves on the board of directors of Teletrak Environmental Systems. From 1991 through 2000, he was employed by CDC Technologies, Inc., located in Oxford, Conn. During that time he also served as CDC Technologies' Executive Vice-President, CFO and COO. In January 2001, Mr. Pereira assumed the position of COO of CDC Acquisition Corp., a subsidiary of Drew Scientific Group plc. Mr. Pereira remained in that position until November 2001, when he became a principal at Interim Management Solutions in Oxford, Conn., a position he still holds. During his tenure at Interim Management, Mr. Pereira has acted as an interim or part-time CFO or COO for numerous small and emerging companies. In January of 2003, Mr. Pereira also became a Managing Director of Kiwi Securities, Inc., an independently-owned investment banking firm.

Mr. Pereira replaces Ken Ducey, Jr., as Markland CFO. Mr. Ducey resigned the CFO post in order to concentrate on his duties as President of Markland. He will also continue to serve as a member of the Board of Directors.

About Markland Technologies
Markland Technologies, Inc. is committed to setting next-generation standards in defense and security through the provision of innovative emerging technologies and expert services. The Company is engaged in the identification of advanced technologies currently under development in laboratories, universities and in private industry, and in the transformation of those technologies into next-generation products. Markland's solutions support military, law enforcement and homeland security personnel to protect the nation's citizens, borders and critical infrastructure assets from the threat of terrorism and other dangers. Through strategic development, Markland focuses on the creation of dual-use technology and products with applications in both the defense market and civilian homeland security and law enforcement fields. The Company is a Board Member of the Homeland Security Industries Association, and is a featured Company on HomelandDefenseStocks.com; additional details can be viewed at http://www.homelanddefensestocks.com/Companies/MarklandTech. For more information about the Company and its products, please visit the Markland home page at http://www.marklandtech.com.

Markland Technologies, Inc is a featured Company on HomelandDefenseStocks.com, a service for which Markland compensates the provider.

For full details, click here: http://www.homelanddefensestocks.com/Companies/MarklandTech/ NewsReleases.asp (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)

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SOURCE: Markland Technologies, Inc.
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