BOSTON, Sept. 1, 2005 (PRIMEZONE) -- Markland Technologies, Inc. (OTCBB:MRKL) and its subsidiary Technest Holdings, Inc. (OTCBB:TCNH), defense and homeland security companies transforming advanced laboratory technology into real-world products, announced today that subsidiary, Genex Technologies Inc. (www.genextech.com) is providing customers with new innovative smart surveillance capabilities to the DOD and Homeland Security marketplaces.
Genex has developed a portfolio of intelligent surveillance products which includes: OmniEye(TM), OmniVision(TM), Smart Optical Sensor (SOS) and SmartSuite. The OmniEye(TM) 360-degree family of surveillance systems represents one of the video surveillance market's leading and most flexible wide-area sensor capabilities. The OmniVision(TM) software suite provides an advanced set of tools for users to control cameras and algorithms. Numerous configurations are available to meet diverse needs for commercial, government, and military customers. SOS is a new generation of high-speed processing that is so compact, that it can fit inside your existent optical sensor. The Smart Optical Sensor (SOS) brings a whole new dimension in intelligent surveillance. The SOS enables remote surveillance by bringing USB 2.0, Ethernet, or wireless interfaces to any existent optical surveillance sensor. The Smart Suite(TM) of intelligent algorithms enables existing optical sensor systems to perform advanced tasks such as motion detection, image enhancement, and tracking.
Along with these commercially available products, Genex is also presently completing delivery of a custom set of proprietary remote sensing devices which are intended to be utilized as disposable low cost, high performance optical surveillance sensors by the U.S. Army Special Operations Command.
About Markland Technologies
Markland Technologies, Inc. is committed to setting next-generation standards in defense and security through the provision of innovative emerging technologies and expert services. The Company is engaged in the identification of advanced technologies currently under development in laboratories, universities and in private industry, and in the transformation of those technologies into next-generation products. Markland's solutions support military, law enforcement and homeland security personnel to protect the nation's citizens, borders and critical infrastructure assets from the threat of terrorism and other dangers. Through strategic development, Markland 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. The Company is a Board Member of the Homeland Security Industries Association, and is a featured Company on HomelandDefenseStocks.com; additional details can be viewed at http://www.homelanddefensestocks.com/Companies/MarklandTech. For more information about the Company and its products, please visit the Markland home page at http://www.marklandtech.com.
About Technest Holdings, Inc.
Technest Holdings, Inc. (OTCBB:TCNH) is a provider of 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.
"Forward-Looking Statements"
Investors are cautioned that certain statements contained in this press release as well as some statements in periodic press releases and some oral statements of Markland Technologies officers and directors during presentations about Markland Technologies, 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, 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: a reduction in order rates from the Army's Night Vision and Electronic Surveillance Directorate, insufficient cash flow to continue to fund the development and marketing of the Company's products and technology; 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 Markland Technologies, its products, economic and market factors and the industries in which Markland Technologies does business, among other things. These statements are not guarantees of future performance and Markland Technologies has no specific intention to update these statements. More detailed information about those factors is contained in Markland Technologies filings with the Securities and Exchange Commission.
Markland Technologies, Inc. is a featured Company on http://www.HomelandDefenseStocks.com, a service for which Markland compensates the provider.
For full details, click here: http://www.homelanddefensestocks.com/Companies/MarklandTech/Default.asp
More information on Homeland Security issues, including news releases, events and experts available for comment, can be found on the Homeland Security Newsline at www.primezone.com/hs