CALVERTON, N.Y., Nov. 26, 2003 (PRIMEZONE) -- AdZone Research, Inc. (OTCBB:ADZR) Chairman & CEO Charles A. Cardona III announced today that he and his brother, John Cardona, had made a recent donation of 450,000 of their personal shares of AdZone stock to the Custer Institute, Inc. a non-profit research and education organization located on Long Island, NY.
Charles Cardona is a member of the Board of Directors of the Custer Institute, Inc. and has been involved with the organization for more than 20 years. Charles Cardona's background in Astrophysics, especially his statistical methods and programs studying Variable Stars, has provided invaluable experience in creating the statistical models and systems for AdZone's Commercial and Defense Research.
The Custer Institute supports educational programs and research in astronomy and optical sciences. The institute offers programs, courses, lectures and special events for members of the public, school children, universities, and members of the scientific community. It operates astronomical observatories with several noted antique telescopes along with modern, up-to-date computerized equipment including a fully functional radio telescope observatory. The institute has been providing these services for more than 75 years, and is currently in the process of replacing an aging observatory dome and constructing a new observatory telescope, which will be one of the largest observatory telescopes in New York State.
Custer has been associated with many famous people in the astronomy and science community over the years, including Charles Elmer, of the Perkin-Elmer Corp., Dan Eichner, a famous American instrument maker, Albert Einstein, the famous physicist who worked on relativity, Peter VanDeKamp, the astronomer who was the first to discover an extra solar planet, Sarah Lippincott, a renowned female astronomer, and many others.
Mr. Cardona stated, "My family and I are very strong believers in promoting science and technology for future generations, and are eager to help the Custer Institute in its goals. We would encourage other employees, directors, shareholders and supporters of AdZone to consider Custer when thinking about their charitable donations."
Custer Institute's Treasurer, Barbara Lebkuecher, was enthusiastic about the recent donation and said, "This donation by John and Charles Cardona, among others, will allow us to complete the new dome and offer even better programs."
The shares donated were reflected on recent Form 4 filings.
Those wishing to donate to the Custer Institute may address correspondence to Barbara Lebkuecher, Treasurer, Custer Institute Inc. Observatory Fund, PO Box 1204, Southold, NY 11971. More information about Custer may be found at www.custerobservatory.org
AdZone Research is headquartered in Calverton, N.Y., in a secured facility that formerly housed major defense contractor Northrop Grumman Corporation. The facility was earlier used for top-secret defense research and development, and was part of the United States Navy's Naval Defense Technology Center.
Through monitoring of more than 500,000 Web sites worldwide, AdZone provides tracking and monitoring of targeted information on the Internet, with an expanded focus on global Internet analysis of security-related data transmissions. For additional information, please visit the company's Web site at www.adzoneresearch.com
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.