RIDGEFIELD, Conn., Oct. 27, 2003 (PRIMEZONE) -- Markland Technologies, Inc. (OTCBB:MRKL), an integrated homeland security company, (www.marklandtech.com) announced today it will hold a conference call on November 18th for analysts, shareholders, and others to discuss with Markland's management the next two quarters revenue and earnings estimates.
Markland previously announced a series of initiatives designed to realize two goals:
-- Help Markland exploit the opportunities presented by the
Homeland Security Marketplace, and
-- Provide an optimum structure for present and future investors
to realize a positive return.
Markland's management will discuss the substantial progress made on these initiatives, and present their expectations for the next 12 months.
Ken Ducey, Markland's President and CFO stated, "Markland is a different company today than it was when we first announced our vision to shareholders last December. We have made substantial progress on our mission to become a world-class provider of products and services to the Homeland Security Marketplace. It is important to demonstrate our achievements, and get feedback on our plans to take Markland to an even greater level."
Recent acquisitions have included revenue-generating contracts that will significantly impact the Company's financials moving forward. Expected expenditures for Homeland Security in the US alone is over $20 billion over the next year, and Markland will continue to grow into that market place.
The conference call will take place at 4:00 PM. EST on November 18, 2003. Interested parties should dial into 1-888-321-3075 or 1-973-582-2780 approximately 10 minutes prior to the call and ask for the Markland Technologies State of Business Affairs Conference Call. The call in number will also be available for webcast on http://www.marklandtech.com.
The Conference call will be led by Chairman Robert Tarini and President Ken Ducey. For full disclosure to investors, a live web cast of the conference call may be accessed through Markland's Internet site at www.marklandtech.com by clicking on the "Investors" link.
Markland Technologies, Inc is committed to helping secure America by providing innovative emerging technologies and expert services to meet the country's needs to protect our people, our borders and our infrastructure assets.
The Company is a Board member of the Homeland Security Industries Association (http://www.hsianet.org) and is the featured Company on http://www.Homelanddefensestocks.com.
"Forward-Looking Statements"
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of Markland Technologies officials during presentations about Markland Technologies, are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates", or similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future actions, which may be provided by management, are also forward-looking statements as defined by the Act. Some of the factors that could significantly impact the forward-looking statements in this press release include, but are not limited to: insufficient cash flow to continue to fund the development and marketing of the Company's products and technology; a rejection of the Company's products and technologies by the marketplace, and; disputes as to the Company's intellectual property rights. Forward-looking statements are based upon current expectations and projections about future events and are subject to risks, uncertainties, and assumptions about Markland Technologies, its products, economic and market factors and the industries in which Markland Technologies does business, among other things. These statements are not guarantees of future performance and Markland Technologies has no specific intention to update these statements. More detailed information about those factors is contained in Markland Technologies filings with the Securities and Exchange Commission.
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More information on Homeland Security issues, including news releases, events and experts available for comment, can be found on the Homeland Security Newsline at www.primezone.com/hs