Defense Technology Systems (CE) (USOTC:DFTS)
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Defense Technology Systems Inc. (OTCBB:DFTS):
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Company Recently Acquired Its First Emerging Technology Company in
Merger and Acquisition Campaign to Build Leading Homeland Security
Product Portfolio
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Defense Technology Systems Inc. (OTCBB:DFTS) announced today the
launch of the company's search for Homeland Security technologies with
patents pending or issued or about to enter the patent application
process. Management is seeking the submission of proprietary and
cutting-edge security product solutions in need of development and
marketing support. Technologies and products sought should fit into a
product portfolio intended to provide preemptive, precautionary and
resilient response solutions. Ideally, technologies will be
prototyped, if not already in preliminary trials. Leading candidates
will be products and services that can be rapidly developed and
piloted subject to the availability of necessary and specific
financial and marketing support.
Defense Technology Systems recently implemented a revitalization
and redirection plan to leverage its experience in providing digital
communication infrastructure solutions to Fortune 1000 companies and
expand into providing overall Homeland Security solutions to major
metropolitan municipalities. To accelerate the plan, Defense
Technology recently acquired a majority interest in an established
Defense engineering firm with 15 years of experience and a portfolio
of proprietary technologies. Through acquisition, Defense Technology
has trailing twelve-month revenue of $5 million and plans to
significantly build on this revenue through organic growth, new
initiatives and potential acquisitions currently under negotiation
Candidate Homeland Security products and technologies can be
submitted for consideration at LCGroup@mindspring.com.
About Defense Technology Systems, Inc.
Defense Technology Systems, Inc. is an international provider of
data and security solutions focused on the Homeland Security and
Defense industries. The Company offers a broad portfolio of
security-related products, including ballistic glass, video
surveillance, infrastructure security and associated security systems.
The Defense Systems team, working in collaboration with its partners,
will design, develop, manufacture, install and market specialty
products, equipment, and systems for the safety and security needs of
all sectors of the domestic and international marketplace. In
addition, DFTS recently acquired a majority interest in DCI
Corporation (www.dci-corp.com), a leading edge technology company with
over 15 years of experience in engineering specialized hardware and
software solutions when commercial-off-the-shelf (COTS) products do
not fulfill the critical requirements of enterprise, military or
government organizations. DCI's experience has earned them the
reputation as a respected Homeland Security solution provider with a
broad portfolio of innovative proprietary technologies.
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.
For more information on Defense Technology Systems, Inc. visit:
www.DefenseTechnologySystems.com.