MERCERVILLE, N.J., Aug. 10, 2010 (GLOBE NEWSWIRE) -- Laser Energetics, Inc. (Pink Sheets:LNGT) announced today that the Company has executed a sales contract with Israel's Department of Corrections. Israeli Corrections is conducting a pilot program with Dazer Laser® Guardians for use within the prison system. Israeli Corrections works closely with the Israeli Police and Military, and will be reporting the results of their testing of the Dazer Lasers® to these entities. Israel has a long history of working with the latest high tech equipment, and views the Dazer Laser® Non-Lethal - Less Violent® weapons as an effective and humane way to deal with dangerous situations.
"We are very excited to be announcing sales of Dazer Lasers® to Israel," stated Robert D. Battis, Founder, President and CEO of Laser Energetics, Inc. "We are very confident that when they complete their pilot program, the results will speak for themselves, and we'll be able roll-out the Dazer Laser® throughout the entire Israeli military, law enforcement, and corrections establishment. Based on current sales activities in the U.S. and literally around the world, I believe this is just one of several sales announcements we expect to make in the coming weeks," states Battis.
About Laser Energetics: The Company has a primary focus on its Dazer Laser® - Light Fighting Technologies, the "Ultimate Non-Lethal - Less Violent®" Weapons Serving Humanity, its Alexandrite Laser technology and its applications associated with Remote Sensing, Pill Marking, and Photo Acoustic Imaging, as well as its Total Reflectance Transmitter (TRT) technology. Laser Energetics has and continues to develop a comprehensive and strategic laser product line that addresses laser applications in Industry, Science, Medicine, Homeland Security and the Military.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.