Defense Technology Systems (CE) (USOTC:DFTS)
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Company Closes First Acquisition in Acquisition Campaign with Over
$30 Million in Annual Revenue Under Negotiation
Defense Technology Systems, Inc. (OTCBB:DFTS) Defense Technology
Systems Inc. announced today finalizing its revitalization plan to
realize $12 million in revenue in 2005. The company originally
provided digital infrastructure solutions to office buildings in major
metropolitan cities, but the company experienced the negative
consequences of the post dot com technology economy slowdown. After
the September 11th terrorist attacks, management recognized the need
for a systemic Homeland Security solution in major metropolitan
cities. In 2004, with limited resources, the Company slowly
restructured to support a Homeland Security strategy. In the first
quarter of 2005, Defense Technology acquired a 20-year-old defense
engineering firm with a portfolio of proprietary technologies. Through
acquisition, Defense Technology has trailing twelve month revenue of
$5 million and a 2005 calendar year forecast of $12 million.
Management intends to build a Homeland Security product portfolio
through acquisition and currently has acquisitions under negotiation
representing over $30 million in annual revenue.
The following is a synopsis of Defense Technology's plan to define
the Homeland Security Solution marketplace and its position as a
leader in that marketplace. A complete executive summary and
PowerPoint Presentation is available by contacting
LCGroup@mindspring.com
Defining Home Land Security
Homeland Security arises from the evolution of warfare between the
militaries of nation states into a conflict between the civilians of
nation states and the military of philosophically motivated
affiliations without national boundaries. The conflict between
civilians and the philosophically motivated affiliations is also
referred to as terrorism.
The Defense Technology Home Land Security Customer
In terrorism, cities replace traditional military outposts. New
York City, Chicago and San Francisco are no different then military
bases in Korea, Cuba and Turkey. They are the first site to see new
threats or be subject to first attacks. United States' allies with
developing economies likewise become new military outposts. With
limited defense resources, developing economic allies become primary
vectors of terrorist attack into the United States.
Domestic cities and developing economic allies are new to the
general disciplines required of a military outpost. The threat of
terrorism is also substantially different then the threat of a
conventional military attack. In either regard, cities and developing
economic allies are in need of new technologies to equip themselves
for this new terrorist threat.
The Objective of the Defense Technology Solution
Ideally, emerging Homeland Security technology will provide cities
and developing economic allies in their new military outpost role with
the ability to preempt any intended military attack. In the event an
attack can not be avoided, the next best position is to have as much
warning of an imminent terrorist attack as possible. With early
warning, preparations can be made to mitigate the potential damage of
an inevitable terrorist attack. Once an attack has occurred, any
degradation of terrorist or other disaster response resources limits
the effect of the attack. Accordingly, Homeland Security solutions
that provide a resilient response ability can contribute to the
mitigation of a realized terrorist attack.
For more information on Defense Technology Systems, Inc. visit
www.defensetechnologysystems.com.
This press release contains statements (such as projections
regarding future performance) that are forward-looking statements as
defined in the Private Securities Litigation Reform Act of 1995.
Actual results may differ materially from those projected as a result
of certain risks and uncertainties, including but not limited to those
detailed from time to time in the Company's filings with the
Securities and Exchange Commission.