CALVERTON, N.Y., August 13, 2003 (PRIMEZONE) -- AdZone Research, Inc. (OTCBB:ADZR), a pioneering Internet surveillance technology solutions provider, announced today that it has filed its Form 10-QSB, detailing operating results for the quarter ended June 30, 2003, which is the company's fiscal 2004 first quarter.
"This has been a momentous period for the company," said Charles A Cardona III, AdZone's Chairman & CEO. "Over the first three months of this fiscal year, we announced our first revenue deal with a major defense contractor, made the first public presentation of any of our findings at the Equities Magazine Conference in New York in mid-June, and received acknowledgement for what happened to be the second time this year that AdZone contributed to preventing a terrorist threat.
"Since then," the CEO continued, "we have been delivering against our first order, and are awaiting the imminent release of its follow-on. In addition, we're continuing to move our marketing efforts ahead on a broad front.
"As a public company, we have an obligation to inform our shareholders. However, as a result of what we do and who our customers are, we have a greater responsibility to the defense, security, and well being of the people of this great country. As we remarked at the Equities Magazine Conference, our greatest difficulty is how limited we are in what we are allowed to publicly say without putting people at risk," Cardona concluded.
The presentation made at the Equities Magazine conference is accessible at the following link:
http://www.visualwebcaster.com/EQUITIESMAGAZINE/061903/event.html .
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.