WASHINGTON, Feb. 24, 2005 (PRIMEZONE) -- AdZone Research, Inc. (OTCBB:ADZR) today announced that it has received notice from a Washington, D.C.-based U.S. Government laboratory that its pioneering Internet tracking technology has been officially validated. The approval represents a major milestone in the company's ability to pursue government contracts.
"We are absolutely thrilled at this endorsement of our technology and its applications," said AdZone Chairman & CEO Charles A. Cardona. "The importance of this validation to our business cannot be understated.
"This process of validation by the government laboratory has been exceptionally long," Cardona observed. "Nevertheless, it is a major victory for the company, because all the government-based customers we've been pursuing said this level of approval was absolutely necessary before they would be able to proceed with us.
"We first met with the lab's personnel last August, at the request of the government customer for whom we were providing NetGet( (patent protected) test data," Cardona revealed. "Both parties then signed an agreement outlining the parameters of a formal test plan during the third week of September. At that time," Cardona continued, "we were told the process would take up to eight weeks. Five months later, we finally have the formal validation of those test results.
"During the process," said the CEO, "I personally made two trips to the lab to meet with its people as we went through the complicated validation process. As this was proceeding, we were often told it's akin to an aircraft being awarded an 'air worthiness certificate' from the FAA before it can be sold to the government or public. In the final analysis," Cardona said, "the government moves at its own pace, but today's announcement is a very clear signal that an incredibly important step in the future of our company has been met and achieved."
About AdZone Research:
AdZone Research specializes in automated retrieval, classification, analysis and delivery of worldwide Internet data for global defense as well as media metrics. Through surveillance of more than one half million 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. See: 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.