MERCERVILLE, N.J., July 13, 2011 (GLOBE NEWSWIRE) -- Laser Energetics, Inc. (Pink Sheets:LNGT) is pleased to announce a new sales contract with M.E.R.I.T., Inc., New Jersey-based Service Disabled Veteran Owned company which provides Security Services. It also helps small disadvantaged businesses compete for contracts from the Federal Government. M.E.R.I.T. has purchased Dazer Laser® GUARDIANS and has become a Distributor of the Dazer Laser® Products. In addition, being that M.E.R.I.T., Inc. is a Service Disabled Veteran owned business, this new distributorship will assist Laser Energetics in competing for certain Federal Contracts that are only offered to Service Disabled Veteran Owned Small Businesses. M.E.R.I.T.'s Founder and President, Jose L. Rodriguez, was named the 2011 SBA NJ Small Business Person of the Year. In addition, M.E.R.I.T. has executed many contracts with such agencies as the US Navy, EPA, National Park Services, FAA, US Army, US Coast Guard and many other Federal Agencies. This combination of having already done business with the federal government and being an 8(a) and Service Disabled Veteran Small Business will allow Laser Energetics to compete for even more Federal Contracts with all branches of the US Armed forces and Federal Agencies.
"After serving as a Police Officer for the City of Newark, NJ and the Essex County Prosecutor\'s Office for 25 years, and experiencing first hand the difficulties and limitations that Police Officers have in protecting their community and themselves, the Dazer Laser® could have provided me with a far greater tactical advantage than I previously had available," stated Mr. Rodriguez. "Furthermore, being able to engage a threat from further distances not only buys critical time for Police, but also increases the stand-off distances which today's Officers don't have available to them with other current 'Non-Lethal' technologies. The threat can't fight what they can't see, and that is what the Dazer Laser® offers. This is truly a game-changing, tactic-enhancing solution that will save lives because the benefits offered cannot be matched." For more information check out the updated website!
Robert Battis, Founder President & CEO of Laser Energetics said, "We are involved both internationally and domestically with Law Enforcement Agencies, as well as US Federal Agencies. We are engaged in the procurement process and are doing all we can to speed it up. We continue to push forward to provide our Military, Police and Protectors of our Country with the best product in the World! This sale and new Distributor is another example of the world realizing that the Dazer Laser® - Light Fighting Technologies is truly the next generation in 'Non-Lethal – Less Violent®' Technology that will serve Humanity."
About Laser Energetics: The Company has a primary focus on its Dazer Laser® - Light Fighting Technologies, its Alexandrite Laser technology and its applications associated with Remote Sensing, Pill Marking, and Photo Acoustic Imaging as well as its Total Reflectance Transmitter (TRT) technology. Laser Energetics has and continues to develop a comprehensive and strategic laser product line that addresses laser applications in Industry, Science, Medicine, Homeland Security and the Military. More information about the company is available on the Internet at www.laserenergetics.com/" target="_top" rel="nofollow">www.laserenergetics.com.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.