BOSTON, May 25, 2006 (PRIMEZONE) -- Technest Holdings Inc. http://www.technestholdings.com (OTCBB:TCNH), a defense and homeland security company transforming advanced laboratory technology into real-world products, announced today that its CEO Dr. Joe Mackin will be interviewed by Meet The CEO(tm) ('MTC') Wednesday, May 31st, at 4 p.m. EST. He will discuss Technest's ongoing business strategy of creating a world-class integrated portfolio of emerging sensing technology products, services and solutions that address the needs of the Company's customers. Current customers include the U.S. Departments of Defense and Homeland Security, Defense intelligence agencies and the National Institutes of Health. Technest is an incubator of numerous emerging security technologies in the final stages of development. The Company is also planning on making selected strategic acquisitions that provide revenue-generating assets for an expanding customer base.
Shareholders and Media wishing to submit questions for consideration by Dr. Mackin during this interview should send their emails, with reference to Technest Holdings, to info@meettheceo.com no later than 2 p.m. EST, Wednesday, May 31st, 2006.
The taped interview will be posted as an audio link on the Meet The CEO(tm) website, www.meettheceo.com, at 9 a.m. EST Thursday, June 1st, 2006, and will also be available as a Podcast for download.
About Meet The CEO(tm)
Meet The CEO(tm) provides a forum for domestic and international public and private companies, industry analysts and qualified financial professionals to inform the business and financial community of their business models, quarterly updates, corporate milestones or particular areas of expertise. The MTC environment affords corporate executives and other specialized industry professionals a platform to articulate their insights, goals and opinions beyond the standard Wall Street pitch. For further information, visit www.meettheceo.com or call 888.CEO.8899.
About Technest Holdings, Inc.
Technest Holdings, Inc. is a provider of: advanced remote sensor systems, chemical detectors, intelligent surveillance and advanced 3D imaging technology solutions to the defense and homeland security marketplaces. Technest is committed to setting next-generation standards in defense and security through the provision of innovative emerging technologies and expert services. Technest's solutions support military, law enforcement and homeland security personnel. Through strategic development, Technest 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. For more information, please visit the company's website at http://www.technestholdings.com.
Investors are cautioned that certain statements contained in this press release are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "expects," "anticipates," "intends," "plans," "believes," "estimates," or similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, applicability, benefit and use of our product and possible future actions, which may be provided by management, are also forward-looking statements as defined by the Act. Some of the factors that could significantly impact the forward-looking statements in this press release include, but are not limited to: the functionality of our product; a rejection of the Company's products and technologies by the marketplace; and disputes as to the Company's intellectual property rights. Forward-looking statements are based upon current expectations and projections about future events and are subject to risks, uncertainties, and assumptions about Technest Holdings, its products, economic and market factors and the industries in which Technest Holdings does business, among other things. These statements are not guarantees of future performance and Technest Holdings has no specific intention to update these statements. More detailed information about those factors is contained in Technest Holdings' filings with the Securities and Exchange Commission. http://www.sec.gov/.
Technest Holdings, Inc. is a featured Company on http://www.HomelandDefenseStocks.com, a service for which Technest Holdings compensates the provider.
More information on Homeland Security issues, including news releases, events and experts available for comment, can be found on the Homeland Security Newsline at http://www.primezone.com/hs