DEL MAR, Calif., Oct. 11, 2004 (PRIMEZONE) -- Homeland Security Technology, Inc. (Pink Sheets:HSTJ) announced today that as of October 1, 2004, Colonel Jeffrey A. Powers USMC (Retired) has been appointed Chief Executive Officer and Chairman of the Board. Ernest Remo has stepped down to pursue other business opportunities.
"It's with great pride that I have accepted this position to lead Homeland Security Technology and the team we have assembled. Our Joint Venture with Recon Mountaineer is starting to yield the results we anticipated, highlighted by our recent orders for Combat Trauma Bags totaling $316,000. Since I have been working on this project, we have been inundated with extremely interesting concepts involving innovative technologies that have tremendous promise in helping our first responders both home and abroad achieve mission accomplishment," commented Colonel Powers. "The focus of this company will continue to enable mission accomplishment for first responders and the protection of American lives both home and abroad. Our technology development relationship with Digital Force Technologies is focusing on adapting commercial off the shelf technology (COTS) with the needs of units currently forward deployed and in contact with the enemy. We anticipate further developments on this relationship in the near future," concluded Colonel Powers.
Founder Colonel Jeffrey A. Powers (USMC Retired)
Colonel Jeffrey Powers USMC (retired) has recently retired from the U.S. Marine Corps achieving the rank of Colonel. He is veteran of Operation Desert Shield/Storm where he commanded a 1,200-man Task Force into Saudi Arabia as part of the lead Marine Corps contingent in Desert Shield. Colonel Powers was decorated for valor while serving as Operations Officer for the lead Task Force into Kuwait. Additionally, Colonel Powers held command assignments in Marine reconnaissance, light armor reconnaissance, a Dutch Marine rifle company, a U.S. Army Special Forces (Green Beret) training company, as well as officer in charge of Special Operations Training Group for the Marines on the west coast. He commanded two Light Armor Reconnaissance Battalions.
Following retirement from the Marine Corps, Colonel Powers worked as an analyst for the U.S. Army's Future Combat Systems at Boeing. Colonel Powers has over 26 years experience in training, motivating and directing multinational, civilian and military personnel. He developed combat proven techniques utilized to build cohesive teams capable of rapid planning and response in any high-stress environment. Experienced in leading and teaching several thousand personnel to include military, law enforcement and corporate groups. Highly regarded as a charismatic leader and instructor. Continuously sought for leadership and motivational speaking engagements, in addition to numerous course work and continuing education throughout his military career, Colonel Powers is a graduate of Villanova University with a B.A. in Criminal Justice, an M.S. in Urban and Environmental Studies from Rensselaer Polytechnic Institute and an M.A. in National Security and Strategic Studies, Naval Warfare College, Newport, RI.
This press release contains forward-looking statements pursuant to the "safe harbor" provisions of the Private Securities Litigation Act of 1995. These statements include risks and uncertainties that may make the company's plans to change and are in no way intended to guarantee that the company will be successful in executing its plans. HSTJ's common stock currently trades on the over-the-counter "Pink Sheets" under the symbol "HSTJ." This press release in no way constitutes any recommendation regarding the securities of HSTJ, Inc., or its affiliates. Though its securities are publicly traded, HSTJ has not made periodic filings with the U.S. Securities and Exchange Commission. Accordingly, the nature and extent of information usually available to the public regarding companies whose securities are publicly traded are not available regarding HSTJ. Any person reading this press release is advised that this release should be considered in light of all facts and circumstances regarding the business and financial condition and prospects of HSTJ, and no inference is made in this release contains all such information.
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