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To: GARY P GROBBEL who wrote (27141)	12/28/2004 3:31:58 PM
From: GARY P GROBBEL	Read Replies (3) \| Respond to of 120415

PTHO 1.15 2005 Stock 16m out (as far as I know per conv 2 mo ago) Even tho this is a pink sheet stock right now i have to include it due to what they are doing with electro optic plastics...it is leading the leading edge and they have been working with the Navy and other branches of our armed forces since at least 1999. It is my understanding they will be filing for the OTC BB but I cannot promise that. This stock is one big wildcard. PSI-TEC Files Patents Necessary to Launch Next-Generation Telecom and Homeland Security Technologies Monday December 6, 2:51 pm ET WILMINGTON, Del., Dec. 6 /PRNewswire-FirstCall/ -- PSI-TEC Corporation (http://www.psiteccorp.com), a wholly owned subsidiary of PSI-TEC Holdings, Inc. (Pink Sheets: PTHO - News), announced today the filing of two additional patents, completing its near-term patent portfolio for next-generation broadband and satellite reconnaissance (i.e. homeland security) telecommunication technologies. These two patents embody groundbreaking technologies necessary for internally stabilizing previously patented high- speed telecommunication materials ("electro-optic plastics"). ADVERTISEMENT Calculations on PSI-TEC's novel electro-optic plastic designs, independently performed at NAVAIR (Naval Air Warfare Center Weapons Division; China Lake, CA) government laboratories, suggest that PSI-TEC's materials will perform two and a half (2.5) to three and three-tenths (3.3) times more efficiently than current high-performance electro-optic plastics. Subsequent review by top scientists and engineers at Wright-Patterson Air Force Base (AFRL; Dayton, OH) resulted in the conclusion that, "PSI-TEC's molecular designs show promise of a five to ten times improvement over existing commercial polymeric architectures." The implementation of telecommunication performance improvements of this magnitude is considered to be revolutionary by industry standards. Such technologies are vital for the success of future high-end military reconnaissance (homeland security) technologies such as those currently being recommended in the development of the military's next-generation Internet (NY Times, 11/13/04, "Pentagon Envisioning a Costly Internet for War;" online at nytimes.com or signonsandiego.com. "Next-generation military Internet, known as the Global Information Grid or GIG, is proposed to afford soldiers a real-time 'bird's-eye view' of the battlefield providing all U.S. commanders and troops a moving picture of all foreign enemies and threats," said Fred Goetz, President and CEO of PSI-TEC. "The development of the GIG presently faces several 'technological hurdles,' many of which we at PSI-TEC believe may be effectively resolved through the use of our newly patented technologies." The key to producing commercial and military quality electro-optic plastics lies almost entirely in the production of environmentally stable materials. "Today's plastics are not inherently unstable entities," Goetz explained. "When they were first widely introduced in the 1950s, they were of lesser quality and would often melt after prolonged exposure to sunlight. But, today they are far more resilient and durable, and significantly cheaper, than glass and many metals. On a fundamental level, we are merely proposing the application of these same well-known technologies to the production of our next-generation electro-optic plastics." PSI-TEC's recent patents propose a unique and eloquent molecular-level engineering strategy (i.e., nanotechnology) for the natural union of these two aspects of material engineering. Government statements by NAVAIR and AFRL officers were made in conjunction with an NSF (National Science Foundation) proposal after review of PSI-TEC's technology during PSI-TEC's prior involvement in DARPA's (Defense Advanced Research Projects Agency) MORPH (Molecular Photonics) program. MORPH is a subdivision of DARPA's C2OI (Chip-to-chip Optical Interconnect) project. About PSI-TEC PSI-TEC Corporation is a developmental stage company that engineers next-generation electro-optic (EO) plastics for future applications vital to modern commerce, homeland security, and medical technology. PSI-TEC's proprietary electro-optic plastics are produced at the molecular level for superior performance, stability and cost-efficiency and are expected to replace more expensive, lower-performance materials used in fiber-optic ground, wireless and satellite communication networks.

To: GARY P GROBBEL who wrote (27141)	12/30/2004 4:12:40 AM
From: Carl Worth	Read Replies (1) \| Respond to of 120415

CMPD 10-K out, company is up front about their lack of progress so far, hopefully their partners will accomplish the acceleration of deployment of their Osteogram product, as it sounds tremendously promising in their releases announcing the partners. Also good to see that they lowered their loss for the year to 275K from 375K the previous year. They have a commitment for 5M to market their product, so there shouldn't be any concern about money anytime soon. Seems like they can reach profitability with the first significant use of their Osteogram system, since they only lost 275K and with the system already developed, a large portion of the additional revenues should drop to the bottom line once they get going. from the 10-K: MATERIAL TRENDS AND UNCERTAINITIES We are disappointed by the rate of progress in commercializing the Digital Communications and Imaging in Medicine (DICOM) OsteoGram, and we expect that our distribution partners will accelerate their efforts to incorporate our product into their sales training schedules in early fiscal 2005. The Chinese market has been a disappointment in fiscal 2004, mainly due to delays in a government sponsored program to bring osteoporosis testing to rural areas. We experienced a slowing of sales for our older, film-based unit; however, we laid the groundwork for the introduction of our DICOM version of the OsteoGram(R) by expanding distribution to include Siemens AG, Orex's local partner.