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Technology Stocks : Applied Energetics, Inc.
AERG 1.850+2.2%11:41 AM EST

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To: Zoro99 who wrote (431)6/5/2008 11:34:17 AM
From: Zoro99  Read Replies (1) of 512
 
BRIEF: Applied Energetics has 'classified' deal

Jun 05, 2008 (The Arizona Daily Star - McClatchy-Tribune Information Services via COMTEX) -- Tucson-based Applied Energetics Inc. said it has received a contract worth up to $9.3 million from the U.S. Marine Corps for a "classified system."

The company said it could not disclose the nature of the program. In March, Applied Energetics said it had completed a test of its latest product to counter improvised explosive devices (IEDs) for the Marine Corps, as well as a test for the Pentagon's Joint IED Defeat Organization.

The one-year contract announced Wednesday was issued by the U.S. Army's Aberdeen Proving Ground in Maryland.

To see more of The Arizona Daily Star, or to subscribe to the newspaper, go to
azstarnet.com. Copyright (c) 2008, The Arizona Daily Star, Tucson
Distributed by McClatchy-Tribune Information Services. For reprints, email
tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to
847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303,
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Copyright (C) 2008 The Arizona Daily Star, Tucson
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