Hawk Protection Systems, Inc. Commences Trading
2005-02-02 10:05 ET - News Release
MADRID, Spain -- (Business Wire) -- Feb. 2, 2005
Hawk Protection Systems, Inc. (HWPR), a provider of
explosives detection technologies, mobile surveillance systems, and
security services is pleased to announce it has begun trading under
the symbol HWPR.
Hawk Protection Systems, Inc. is in the business of researching,
developing, and engineering a wide range of security products and
systems that are intended for use by government, military, and law
enforcement agencies worldwide, as well as commercial security
professionals. Hawk Protection Systems, Inc. business activities
include: Explosives Detection, Contraband Detection, Chemical
Detection, Mobile Surveillance Systems, Defense Engineering, Defense
Consulting, Laser Technologies, Model Simulation, and Sales
Representation.
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The Current share structure of the company is as follows:
Shares O/S: 15,000,000
Public Float: 2,500,000
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Hawk Protection Systems, Inc. currently has 3 products in
production or in final stages of development:
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AJETD (Air Jet Explosives Trace Detector):
A state of the art explosives and contraband detector that
utilizes a unique explosives detection technique known as:
Trace Detection. The AJETD system uses air jets to blow
molecules off a subject's skin, clothes, luggage, or any other
substance that comes through into a detector which analyzes
the vapors that are sent through and alerts the operator to
any dangerous readings.
DSR (Detection and Surveillance Robot):
The Hawk Protection Systems, Inc. DSR (Detection and
Surveillance Robot) is a heavy duty remote controlled robot
that can be used in extreme situations as a surveillance,
explosives detection, and rescue mission device. It provides
its user with remote controlled senses. The DSR was developed
in conjunction with European protection agencies according to
their needs.
DETECTrack (in Development):
The DETECTrack system will create a geographical map of
railroad tracks comprised of proprietary explosives sensors
which will be installed along the tracks. These sensors will
relay data back to a command center in real time and provide
the monitoring personnel a detailed read of what is happening
along each and every kilometer of train tracks.
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"Having become a publicly traded company was an important step in
the continuing development of this company. With increased public
recognition and shareholder support we can become a leader in an
industry that is becoming more important in today's society," said
John Altes, Founder and CEO of Hawk Protection Systems, Inc.
About Hawk Protection Systems, Inc.
Hawk Protection Systems, Inc. is in the business of researching,
developing, and engineering a wide range of security products and
systems that are intended for use by government, military, and law
enforcement agencies worldwide, as well as commercial security
professionals. Hawk Protection Systems, Inc is dedicated to providing
only the best products and services that will make a difference in the
war on terrorism worldwide.
For more information about the Company and its products, please
visit hawkps.com
This press release contains "forward-looking" statements as that
term is defined by Section 27A of the Securities Act of 1933, as
amended, (the "Securities Act") and Section 21E of the Securities
Exchange Act of 1934, as amended, (the "Exchange Act"). All statements
that are included in this press release other than statements of
historical fact are "forward-looking" statements. Although management
believes that the expectations reflecting in these forward-looking
statements are reasonable, it can give no assurance that such
expectations will prove to have been correct. Important factors could
cause actual results to differ materially from the expectations as
disclosed herein, including without limitation, in conjunction with
these forward-looking statements contained in this press release.
Copyright (C) 2005 Business Wire. All rights reserved.
Contacts:
Hawk Protection Systems Inc.
Jeff Sherman, 1-888-HWPR IR1 (1-888-497-7471)
ir@hawkps.com |
