February 17, 2005
HomelandDefenseStocks.com New Featured Profiled Company: Technest Holdings, Inc. (OTCBB: THNS) and Newly Acquired Homeland Security Company; Genex Technologies a Leader in 3D Imaging, 3D Facial Recognition, and Intelligent Surveillance
POINT ROBERTS, Wash., February 17, 2005 – www.HomelandDefenseStocks.com (HDS) is pleased to announce that Technest Holdings, Inc. (OTCBB: THNS) – a leader in 3D Imaging, 3D facial recognition, and intelligent surveillance is a new featured company on HDS and will be participating in the upcoming HomelandDefenseStocks.com Online Investor Conference on April 06, 2005. The format consists of audio presentations and accompanying PowerPoints. Technest Holdings, Inc. has acquired all outstanding stock of Maryland based Genex Technologies, Inc. (Genex). Genex revenues are principally derived from 20 ongoing contracts to supply imaging and surveillance sensor technology to a wide array of government customers. Genex had revenues for the fiscal year ended December 31, 2004 of approximately $5.5 Million.
The HDS portal is a news and information source for International Industry leaders, Institutions, Media, Government, Military, Navy, Investors, Brokerage Firms and Fortune 500 Companies. Investors and media can gain insight into the rapidly growing homeland defense sector through the site.
The HDS website does not make recommendations, but offers a unique free information portal to research news, exclusive articles, interviews, investor conferences and a growing list of participating public companies in the sector.
HomelandDefenseStocks.com recently acquired The Premier Homeland Security Web Portal, TwoTigersOnline and the National Homeland Security Knowledgebase (http://www.twotigersonline.com/resources.html).
Featured Company: (HDS is compensated for Featured Companies on portal)
Technest Holdings, Inc. (OTCBB: THNS) – a leader in 3D Imaging, 3D facial recognition, and intelligent surveillance. Technest is majority owned by Markland Technolgies (OTCBB: MRKL). Markland Technologies, Inc. announced on February 14, 2005 that it had completed a multi part transaction, which included the purchase of majority ownership of Technest Holdings, Inc., and the subsequent purchase by Technest Holdings, Inc. of all oustanding stock of Maryland based Genex. (http://www.genextech.com/)
Form 8K: http://biz.yahoo.com/e/050215/thns.ob8-k.html – As of February 14,2004, Markland controlled approximately 93% of Technest common outstanding stock.
Genex is a supplier of advanced imaging, surveillance and security sensor technologies. The transaction is in keeping with Markland??s recently announced strategic initiatives. The company believes that the acquisition of Genex will provide important advanced strategic capabilities within a range of technologies, including video surveillance, biometrics, disposable sensors as well as basic research and development expertise.
Markland believes that Genex, which has a patent portfolio of over 20 issued and pending US patents for video and imaging technologies, is well positioned to capture additional sales in the United States within the Department of Homeland Security and the Department of Defense.
Genex??s core technology platforms:
?h 3D Imaging Technology Platforms:
?h 3D capture using structured white light
?h 3D filtering and data manipulation
?h 3D display in volumetric space
Intelligent Surveillance Technology Platforms:
?h 360-degree video acquisition using mirror, lens, and array configurations
?h 2D & 3D video detection and enhancement algorithms
3D Facial Recognition Technology Platforms:
?h 3D facial recognition and enhancement algorithms
General Technology Platforms:
?h Small, high-speed sensor processing hardware
Recent News: Markland Announces Acquisition of Homeland Security Company Genex Technologies Inc; Supplier of Advanced Surveillance and Security Solutions. Markland Completes Acquisition of Genex Through New Majority Owned Public Subsidiary Technest Holdings Inc.
Full story: http://www.investorideas.com/Companies/ViewDocument.asp?ID=2648
About Markland Technologies (OTCBB: MRKL)
Markland Technologies, Inc. is committed to setting next-generation standards in defense and security through the provision of innovative emerging technologies and expert services. The Company is engaged in the identification of advanced technologies currently under development in laboratories, universities and in private industry, and in the transformation of those technologies into next-generation products. Markland”s solutions support military, law enforcement and homeland security personnel to protect the nation”s citizens, borders and critical infrastructure assets from the threat of terrorism and other dangers. Through strategic development, Markland focuses on the creation of dual-use technology and products with applications in both the defense market and civilian homeland security and law enforcement fields. The Company is a Board Member of the Homeland Security Industries Association, and is a featured Company on HomelandDefenseStocks.com; additional details can be viewed at http://www.homelanddefensestocks.com/Companies/MarklandTech. For more information about the Company and its products, please visit the Markland home page at http://www.marklandtech.com.
HomelandDefenseStocks.com includes a growing list of public companies in the sector. Click here for a partial list of companies involved in homeland defense and security technology; and solutions in Airport Security, Biodefense, Biometrics, Defense, Internet Security, Integrated Security, Military, Border and Port Security. www.InvestorIdeas.com/Companies/HomelandDefense/Articles/StockList.asp
Read the exclusive InvestorIdeas.com Feature ??The Insiders Corner??, a weekly feature by well-known financial writer and author Michael Brush. http://investorideas.com/insiderscorner/
Hear HomelandDefenseStocks.com every Friday at: 08 and: 38 after the hour for the Business of Homeland Security only on www.HomelandDefenseRadio.com
HDS in the news: Business Week and other media coverage
http://www.homelanddefensestocks.com/Companies/HomelandDefense/MediaArticles.asp
Additional Recently Launched HDS Homeland Security Web Sites:
www.BiodefenseStocks.com
www.BorderandPortSecurity.com
www.RFIDInvesting.com
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Disclaimer: ECON Investor Relations Inc is the owner of this domain. Our site does not make recommendations, but offers a unique information portal to investors to research news, articles, and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell any specific products or securities. All investments involve risk. Although we attempt to research thoroughly, we offer no guarantees as to the accuracy of any information presented. We encourage all investors to use our sites only as a resource to further their own research. The site is compensated by its “Featured Companies, as outlined in our on-line disclaimer at www.InvestorIdeas.com/About/Disclaimer.asp and we rely on the publicly disclosed information of our featured companies for accuracy. The site is currently compensated for by its “featured companies.” Markland Technologies (OTCBB: MRKL): Ten thousand dollars per month.
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