Ionatron Introduces Portal Denial System
TUCSON, AZ -- Jan. 7, 2005 -- Ionatron, Inc., (Nasdaq: IOTN), a next generation controlled directed energy weapon technology company, today announced the successful demonstration, to a U.S. Government customer, of its proprietary Laser Induced Plasma Channel (LIPC) technology, configured for a Portal Denial System (click on www.ionatron.com for actual demonstration video). The system is designed to be installed as a corridor or passageway denial system that can be employed at either indoor or outdoor locations and can be configured for each individual installation’s security requirement. The system creates a laser guided electric barrier that can be initiated either automatically from an existing customer-supplied computer system that identifies the authorization of the person (similar to conventional keyless entry systems) or via operator command. The system is designed to stop intruders in a passageway or at a vehicle check point, with a lethal or non-lethal electrical discharge.
The demonstration system installed at the Ionatron facility in Tucson, AZ resembles a typical indoor corridor installation (such as at an embassy, power plant or other high value area) where instantaneous non-lethal disabling is the desired access denial technique for unauthorized personnel.
Sales and permanent installation of this Portal Denial System are available to only US Government approved customers. Ionatron will offer the complete system installed, along with annual service contracts, training and other services desired by approved customers. Further information will be available in the near future, including detailed instructions on how to submit requirements for U.S. Government approval of non-government applications.
About Ionatron, Inc.
Ionatron, Inc. develops and markets Directed Energy Weapon technology products initially for sale to the U.S. Government. The goal of the Company is to produce products that incorporate our technology initially for specific U.S. Government customer applications and platforms. Ionatron and the U.S. Government have entered into several contracts for products and services as well as Cooperative Research and Development Agreements for joint research on LIPC based directed energy weapons. We expect to offer U.S. Government approved versions of our products for commercial security applications in the future. During 2003 and 2002, the Company engaged in research and development and business development activities. Ionatron has demonstrated its laser guided man-made lightning directed energy technology in the laboratory and now has government contracts for effects testing, compact laser source development and the delivery of a system on a mobile platform for field demonstration and testing. We are a new technology company working under contracts with agencies of the U.S. Government concerned with national security that has developed and demonstrated in our laboratory a novel internally developed directed energy weapon technology called LIPC, our technology controls and directs electrical energy down a laser created plasma channel to a specific target. Our business strategy is to continue long-term development of the technology for multiple national security and defense applications, as well as to in parallel develop, applications in other commercial sectors. Many short-term military applications have already been demonstrated to our customers. Our immediate plan is to manufacture transportable demonstrators for those applications for various U.S. Government organizations, in order to demonstrate the field utility of the technology.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995:
Certain statements contained in this News Release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any futures results, performance or achievements expressed or implied by such forward-looking statements.
Such factors include, but are not limited to: the risks of uncertainty of patent protection; the risks of uncertainty of strategic alliances; the risk and uncertainty of management tenure; the impact of third-party suppliers’ manufacturing constraints or difficulties; management’s ability to achieve business performance objectives, market acceptance of, and demand for, the Company’s products, and resulting revenues; development of technology and manufacturing capabilities; impact of competitive products and pricing; litigation and other risks detailed in the company’s filings with the Securities and Exchange Commission. The words “looking forward,” “believe,” “demonstrate,” “intend,” “expect,” “estimate,” “anticipate,” “likely” and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made. Ionatron undertakes no obligation to update any forward-looking statements contained in this news release.
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