MISSISSAUGA, Ontario, April 5, 2007 (PRIME NEWSWIRE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com), a leading penny stock / small-cap information site, provides an update on a previously spotlighted company Aegis Industries Inc. (OTCBB:AGIN).
Aegis Industries designs and develops safe, next-generation intermediate force protection, and enforcement products backed by industry-leading R&D. Management draws on extensive experience on the front lines combined with the most forward-thinking R&D to create leading-edge less-than-lethal intermediate force products designed to exceed the expectations of military, law enforcement, and private security customers. The company currently has two products at the manufacturing stage, the Aegis Mark 63 Trident Multi-Sensory Stun Baton and the Aegis Mark 62 Spartan Ultra-Lite Baton. The company also recently announced that merger discussions have begun with Z5 Technologies, LLC.
The company is tapping into rich markets worldwide. Worldwide an estimated $55 billion was spent in 2006 on homeland security and anti-terrorism measures, $31 billion by the U.S. alone. The U.S. Department of Defense has a $439.3 billion budget this year. Only a small portion of the less-than-lethal weapons industry, the stun gun market is conservatively estimated to be worth $10 billion.
The complete updated AGIN profile can be viewed at: http://www.allpennystocks.com/aps_us/company_spotlights/archives/agin.asp
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AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and U.S. site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs weekly penny stocks to watch, has a weekly market write-up, provides company spotlights, runs a unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, Nasdaq and OTCBB, and much more information for the average investor.
Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on Aegis Industries Inc. (OTCBB:AGIN); the amount is three thousand dollars by a non-affiliated third-party, Equity Alliance International Inc. for its efforts in presenting the AGIN profile on its web site and distributing it to its database of subscribers as well as other services. This creates an inherent conflict of interest and readers are encouraged to view the full disclaimer at http://www.allpennystocks.com/aps_us/company_spotlights/archives/agin.asp.