IRVINE, Calif., March 13, 2006 (PRIMEZONE) -- "It appears that as companies enjoy and monetize successes in specific niches of the homeland defense and security sector that they are parlaying it into bolder endeavors under the same homeland defense umbrella," stated SmallCap Sentinel analyst D.R. Clark. "What's unique among these expansions is the rapid evolution of the company, moving from technical niche to technical niche within the sector."
"For example, Technest Holdings, Inc. (OTCBB:TCNH), which has built a business on its core product line of advanced remote sensor systems, chemical detectors, intelligent surveillance and advanced 3D imaging technology solutions for the defense and homeland security marketplaces, announced that it has successfully developed and demonstrated a working prototype for a missile detection and tracking system called the OmniSeeker," said Clark. "It seems clear that Technest wants to leverage their existing successes and move up the technological food chain."
Technest corporate statements affirm a commitment 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.
A detailed informational report regarding Technest is available free to the public at the following link: http://stockupticks.com/profiles/1-19-06.html
An informational report titled "Homeland Defense and the Market" is available at www.SmallCapSentinel.com
The report details the rise of Homeland Defense as a growth industry and will discuss a variety of homeland defense related public companies including Argon ST, Inc. (Nasdaq:STST), Intergraph Corp. (Nasdaq:INGR) and DRS Technologies, Inc. (NYSE:DRS).
Individuals may also register to receive future reports at: http://stockupticks.com/register.html
Statements made herein contain forward-looking statements and are subject to significant risks and uncertainties that will affect results. SmallCapSentinel and StockUpTicks.com are properties of Market Pathways Financial Relations Inc. (MP). MP provides no assurance as to the subject company's plans or ability to effect any proposed actions and cannot project capabilities, intent, resources, or experience.
All information contained herein is based upon sources believed to be reliable but no representation is made as to accuracy or completeness. This report is neither a solicitation to buy or offer to sell securities but is rather a paid advertisement provided for information purposes only and shouldn't be used as the basis for investment decisions. MP is not an investment advisor and this report is not investment advice. MP was paid twenty-seven thousand dollars by Technest Holdings for this profile and other advertising services over a ninety-day period. This constitutes a conflict of interest as to MP's ability to remain objective in its communication regarding the subject companies.