Defense Technology Systems, Inc. to Give a Presentation of its Corporate Revitalization and Redirection Plan Wednesday Evening,
June 07 2005 - 1:25PM
Business Wire
Board Member Philip Verges, CEO of NewMarket Technology Inc. to
Review the Company's Plan to Become a Leading Homeland Security
Solution Provider Defense Technology Systems Inc. (OTCBB:DFTS)
today announced a Corporate Overview Presentation in Boca Raton to
be held tomorrow, June 8th at 7:00 PM. The presentation is open to
shareholders and interested investors. Philip Verges, a member of
the Board of Directors of Defense Technology Systems and CEO of
NewMarket Technology (OTCBB:NMKT), will outline Defense
Technology's Corporate Revitalization Plan, including an aggressive
acquisition strategy, focused on building revenue and developing
the critical mass to exploit synergies between the acquired
Homeland Security entities. Defense Technology Systems recently
implemented a revitalization and redirection plan to leverage its
experience in providing digital communication infrastructure
solutions to Fortune 1000 companies and expand into providing
overall Homeland Security solutions to major metropolitan
municipalities. To accelerate the plan, Defense Technology recently
acquired a majority interest in an established defense engineering
firm with 15 years of experience and a portfolio of proprietary
technologies. Through acquisition, Defense Technology has trailing
twelve month revenue of $5 million and plans to significantly build
on this revenue through organic growth, new initiatives and
potential acquisitions currently under negotiation. Any investors
interested in attending the presentation tomorrow should call or
e-mail The LC Group at 404-261-1196 or LCGroup@mindspring.com to
RSVP and receive meeting details. About Defense Technology Systems,
Inc. Defense Technology Systems, Inc. is an international provider
of data and security solutions focused on the Homeland Security and
Defense industries. The Company offers a broad portfolio of
security-related products, including ballistic glass, video
surveillance, infrastructure security and associated security
systems. The Defense Systems team, working in collaboration with
its partners, will design, develop, manufacture, install and market
specialty products, equipment, and systems for the safety and
security needs of all sectors of the domestic and international
marketplace. In addition, DFTS recently acquired a majority
interest in DCI Corporation (www.dci-corp.com), a leading edge
technology company with over 15 years of experience in engineering
specialized hardware and software solutions when
commercial-off-the-shelf (COTS) products do not fulfill the
critical requirements of enterprise, military or government
organizations. DCI's experience has earned them the reputation as a
respected Homeland Security solution provider with a broad
portfolio of innovative proprietary technologies. This press
release contains statements (such as projections regarding future
performance) that are forward-looking statements as defined in the
Private Securities Litigation Reform Act of 1995. Actual results
may differ materially from those projected as a result of certain
risks and uncertainties, including but not limited to those
detailed from time to time in the Company's filings with the
Securities and Exchange Commission. For more information on Defense
Technology Systems, Inc. visit: www.DefenseTechnologySystems.com
Defense Technology Systems (CE) (USOTC:DFTS)
Historical Stock Chart
From Jul 2024 to Aug 2024
Defense Technology Systems (CE) (USOTC:DFTS)
Historical Stock Chart
From Aug 2023 to Aug 2024