HOUSTON, July 19, 2004 (PRIMEZONE) -- AIMSI Technology, a wholly owned subsidiary of Advanced Integrated Management Services, Inc. (OTCBB:AVIG) located in Oakridge, Tenn., enthusiastically announces a guaranteed contract that will generate close to $225 million.
The terms of the contract will be for AIMSI to provide a minimum of 15,000 units of the company's patented, hand-held radiation detection device, the Automatic Large Area Radiation Mapper. China Global Distribution Corp., an international distribution company, will be purchasing the units from AIMSI.
Luis Pallais, CEO of China Global, stated, "The purchase of 15,000 units will be just the tip of the iceberg. The incredible demand for these devices globally is overwhelming."
About ALARM
Because of the technical complexity of building a nuclear weapon, there is not a high probability that terrorists will be able to assemble such a weapon and deliver it to the United States. However, it is much more probable that terrorists could procure nuclear materials to combine with standard ordnance materials in order to produce a "dirty" bomb. The immediate result of using a bomb of this type would be limited damage to the surrounding people and property. The real damage would be the wide distribution of radioactive, biological, and chemical toxins that would pose a long-term danger. The AIMSI device could be a lifesaver for thousands of people in these situations. More information about this device is available at: (www.aimsi.com).
Reggie Hall, CEO of AIMSI, stated that he was pleased to be doing business with an internationally respected group. "We feel honored to have the ability to embark on this new set of initiatives with China Global," said Hall. "The international demand for the ALARM is being sparked by growing concerns of terrorism. The international community realizes that a $15,000 investment in the ALARM will be an insurance policy to any city larger than a population of 10,000. If only half of the world's cities would accept the responsibility to protect its patrons and purchase this product, the global sales of the hand-held units would be in the millions. A 50% profit margin per unit for AIMSI will increase as orders grow."
About AIMSI Technology
AIMSI Technology provides high quality technical and professional services and equipment to federal, state and local government agencies. AIMSI has a current staff count of over 200 enthusiastic employees, all driven by the same common goal: to achieve superior products through innovation. AIMSI possesses a full complement of demonstrated capabilities for each of their three primary business departments: Nuclear, Engineering, and Information Technology. AIMSI was certified by the Small Business Administration's 8(a) program in June of 1995. AIMSI was honored to have been selected as a protege company of Oak Ridge National Laboratory in 1998. AIMSI has also won the Excellence Award in 1998, 1999 and 2000. This award was given to the fastest growing companies and emerging industry leaders in Tennessee.
AIMSI, through a partnership with the University of Alabama, was able to develop the ALARM technology.
Safe Harbor Statement
This news release contains forward-looking statements, which include involved risks, uncertainties and assumptions. All statements not of historical fact are statements that could be deemed as forward-looking statements. The sale of certain products and services may not develop as expected; the development of these products and services may not proceed as planned. The company's stock may also be affected by other risks as described from time to time.
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