IRVINE, Calif., Feb. 17, 2006 (PRIMEZONE) -- "As the Homeland Defense sector continues in growth and need, leading military minds are finding themselves targeted by related firms as consultants and management," stated SmallCap Sentinel analyst D.R. Clark. "With many companies technology based, having a key person with an understanding of the military, weaponry or even simply the manner in which new products are reviewed can be critical."
"On Wednesday, Technest Holdings, Inc. (OTCBB:TCNH) announced that retired Major General David R. Gust had agreed to join its board of directors as an independent director," said Clark. "Gust's extensive military career and experience in fiscal aspects of the military could be invaluable to a firm like Technest."
Gust's Army awards include the Bronze Star medal, Purple Heart, Legion of Merit, Meritorious Service Medal with two oak-leaf clusters, and Vietnam Service Medal with four campaign stars.
Technest is a provider of advanced remote sensor systems, chemical detectors, intelligent surveillance and advanced 3D-imaging technology solutions to the defense and homeland security marketplaces. Technest is committed to setting next-generation standards in defense and security through the provision of innovative emerging technologies and expert services. Technest's solutions support military, law enforcement and homeland security personnel.
A detailed informational report regarding Technest is available free to the public at the following link: http://stockupticks.com/profiles/1-19-06.html
An informational report titled "Homeland Defense and the Market" is available at www.SmallCapSentinel.com
The report details the rise of Homeland Defense as a growth industry and will discuss a variety of homeland defense related public companies including DRS Technologies Inc. (NYSE:DRS), RAE Systems Inc. (AMEX:RAE), and Viisage Technology Inc. (Nasdaq:VISG).
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Statements made herein contain forward-looking statements and are subject to significant risks and uncertainties that will affect results. SmallCapSentinel and StockUpTicks.com are properties of Market Pathways Financial Relations Inc. (MP). MP provides no assurance as to the subject company's plans or ability to effect any proposed actions and cannot project capabilities, intent, resources, or experience.
All information contained herein is based upon sources believed to be reliable but no representation is made as to accuracy or completeness. This report is neither a solicitation to buy or offer to sell securities but is rather a paid advertisement provided for information purposes only and shouldn't be used as the basis for investment decisions. MP is not an investment advisor and this report is not investment advice. MP was paid twenty-five thousand five hundred dollars by Technest Holdings for this profile and other advertising services over a ninety-day period. This constitutes a conflict of interest as to MP's ability to remain objective in its communication regarding the subject companies.