IRVINE, Calif., Feb. 10, 2004 (PRIMEZONE) -- Military Communications Technologies, Inc. (OTCBB:MLTA), a leading provider of wireless technology for homeland security and defense applications, announced today that it has brought its New York City investment road show to a successful completion.
Last week the Company's executives had engaged in a number of one-on-one and group presentations to institutional investors, investment bankers, and retail brokers. The Company's story was very well received and investors were interested in further following the Company.
"We are encouraged by the outcome of our investor road show in New York City. We were pleased to receive a very positive reaction from an audience of some key institutional investors. Military Communications looks forward to delivering more news about company accomplishments in the near future to further capitalize on the high degree of interest expressed at the meeting," stated Mr. Jeremy Norton, Director of Military Communications Technologies.
About Military Communications Technologies
Military Communications Technologies, Inc. is a technology company involved in the development and distribution of proprietary software defined radio (SDR) for both large-scale Commercial and Military mobile wireless communication network applications. The Company's core product, PC4 is specifically targeted to the demands of the Military and Homeland Defense agencies for large-scale defense grade reconfigurable wireless communications systems. PC4, which stands for Programmable, Command, Control, Compute, and Communicate, is a next-generation SDR framework and proprietary operating system uniquely designed for interoperable, lightweight and mobile military communications systems. The PC4 framework is also especially suitable for radar and high-speed digital RF and GSM surveillance systems. The Company's proprietary SpectruCell(tm) technology offers commercial wireless providers a cost-effective, software-based method to upgrade systems to next-generation standards and makes networks interoperable with most wireless protocols.
Statements in this release, which relate to other than strictly historical facts, including statements about the Company's plans and strategies, as well as management's expectations and new and existing products, technologies and opportunities, market growth, demand for acceptance of new and existing products, are forward-looking statements. The words, "believe," "expect," "anticipate," "estimate," "project," and similar expressions identify forward-looking statements that speak only as the date hereof. This press release contains certain forward-looking statements regarding Military Communications Technologies, Inc. ("MLTA"), its business prospects and results of operations that are subject to certain risks and uncertainties posed by many factors and events that could cause MLTA's actual business, prospects and results of operations to differ materiality from those that may be anticipated by such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by MLTA in this news release and other reports filed with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect MLTA's business.