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Thursday, 04/01/2010 11:28:45 AM

Thursday, April 01, 2010 11:28:45 AM

Post# of 704570
AERG,DD... http://ih.advfn.com/p.php?pid=nmona&cb=1269914821&article=41983299&symbol=N%5EAERG

Working with the United States Marine Corps, we have developed and delivered a system that demonstrates significant capability in countering IEDs, a major threat to military operations throughout the world. Technical and field results of such CIED technologies are highly sensitive or classified, but we are satisfied that our technology has performed well in addressing this critical mission. We have integrated our CIED technologies into military vehicles. We anticipate additional product variations may be utilized on other military platforms in the future as military customers identify new mission areas for implementation of our technologies. We continue to work actively with our customers to field these innovative CIED technologies preparation for the transition of our counter-IED technology to regular production, Applied Energetics has entered into discussions with large defense contractors to investigate teaming agreements or other arrangements to enable us to rapidly increase production rates while focusing on the areas that are within our core areas of expertise. Such arrangements would take advantage of the scale and resources that these organizations possess, along with their considerable experience and reputation in delivering certified products to military customers. It is expected that Applied Energetics would maintain the position of prime contractor for these future production contractors, with the other organizations acting as subcontractors within their areas of expertise.
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