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Markland Subsidiary EOIR Technologies Inc. Selected as SeaPort-e

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ProfitScout   Friday, 06/10/05 08:42:00 AM
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Markland Subsidiary EOIR Technologies Inc. Selected as SeaPort-e Contractor by US Navy; Contract Award Expands Business Base at Naval Surface Warfare Center Dahlgren Division

RIDGEFIELD, Conn., Jun 10, 2005 (BUSINESS WIRE) -- Markland Technologies, Inc. (OTC BB:MRKL.OB - News), a defense and homeland security company transforming advanced laboratory technology into real-world products, announced today that its subsidiary EOIR Technologies, Inc. (EOIR) has been awarded a SeaPort Enhanced (SeaPort-e) Multiple Award Contract ( MAC ).

The SeaPort-e contract is designed to provide a full-range of support services for all phases of weapon systems acquisition and life-cycle support including research & development support, prototyping, acquisition logistics, modeling, test & evaluation trials, and engineering support for the Naval Sea Systems Command, Naval Air Systems Command, Space and Naval Warfare Systems Command, Naval Supply Systems Command, Military Sealift Command, Naval Facilities Engineering Command, Strategic Systems Programs, and the United States Marine Corps. The award was made in the SeaPort-e Zone 2 (National Capitol Region), which includes the Naval Surface Warfare Center Dahlgren Division (NSWCDD). EOIR is currently supporting a large system integration effort for NSWCDD.

The U.S. Navy is awarding indefinite-delivery/indefinite-quantity multiple award contracts to 503 contractors under this procurement program. The Government estimates a maximum of $5.3 Billion of services will be procured per year via orders issued under the SeaPort-e multiple award contracts amongst the group of contractors. The awards have a four-year base period with one five-year award term and one additional one-year award term. Contract funds will be obligated at the time of task order award and as such, multiple funding types (with varying expiration dates) may be used, consistent with the purpose for which the funds were originally appropriated by Congress.

"This award is another important step toward the goal Markland has established of extending its customer base within the Navy in general, and within NSWCDD in particular," said Robert Tarini, Markland CEO and Chairman. "We firmly believe this is the beginning of a long and successful relationship between Markland and NSWCDD. Markland is poised to provide its talents to the Navy and feel it is an honor to serve the country by providing this meaningful support."

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 http://www.HomelandDefenseStocks.com, a service for which Markland compensates the provider.

For full details, click here: http://www.homelanddefensestocks.com/Companies/MarklandTech/ Default.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.)

SOURCE: Markland Technologies, Inc.
Markland Technologies
http://www.marklandtech.com
or
ECON Corporate Services
Dawn Van Zant, 866-730-1151
dvanzant@investorideas.com
or
Trevor Ruehs
truehs@investorideas.com

Copyright Business Wire 2005




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