Powersafe's Amplification Technologies Announces Distribution Agreement for Israel

Defense News: NEW YORK, NY--(Marketwire - 03/15/10) - PowerSafe Technology Corporation (Pinksheets:PSFT - News) subsidiary Amplification Technologies Inc. (www.ampti.net) (ATI) and El-Gev Electronics Ltd. (www.elgev.co.il), today announced the signing of a distribution agreement for Israel. El-Gev Electronics Ltd. will market and distribute the full line of ATI's innovative Discrete Amplification (DA) devices for low-level light detection.

"We are excited about expanding our product distribution network with El-Gev Electronics Ltd," said Avery Kornbluth, COO of ATI. "Israel is a major hub of technology innovation in the markets we seek to serve and we are looking forward to expanding in this region."

"We look forward to adding ATI's patented Discrete Amplification technology to our product set," said Yoel Yogev, President and CEO of El-Gev Electronics Ltd. "Our customers will now be able to start utilizing these next generation photodetection devices, for their technology products."

About PowerSafe Technology Corp. (PSFT)
Based in New York, PowerSafe Technology Inc. (www.psftinc.com), thru its wholly owned subsidiary ATI (www.ampti.net), seeks to transform the field of low-level signal detection. The company's patented platform semiconductor technology has the potential to offer unparalleled and far-reaching benefits to industries such as medical diagnostics, drug development, scientific instrumentation and homeland security. The technology has been successfully used to develop extremely sensitive detectors of low levels of light and the company believes its detectors will be used in many existing applications as well as open up new markets. ATI's technology is patented to encompass detection of signals other than light, and could in principle be used to create highly sensitive biological, radiological, electrical, and chemical sensors.

About El-Gev
El-Gev Electronics Ltd. is dedicated to the sale of professional electronic components, sub-assemblies and systems to the regional industrial, military and aerospace markets.

Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of PowerSafe and Amplification. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties inherit herein and set forth in PowerSafe's SEC filings and such other matters as are contained therein. These risks and uncertainties could cause actual results to differ materially from those indicated in the forward-looking statements.

Contact:

 
Contact 
Avery Kornbluth, COO
Amplification Technologies Inc. 
(718) 951-8021 
Email Contact
PR Contact 
Jack Mayer, Pres. 
PowerSafe Technology Corp. 
(718) 951-8021 
Email Contact 

First Boeing Next-Generation 737 with Goodrich DURACARB(R) Carbon Brakes Enters Service with Arrival of flydubai's Seventh Aircraft

Defense News ~ CHARLOTTE, N.C., March 15, 2010 /PRNewswire-FirstCall/ -- The first Boeing Next-Generation 737 aircraft equipped with Goodrich Corporation (NYSE:GR - News) DURACARB® carbon brakes has been delivered to flydubai, Dubai's first low cost airline. This is the seventh Next-Generation 737 the airline has received in less than 10 months of commercial operations. Goodrich will supply wheels and carbon brake equipment for flydubai's entire fleet of more than 50 Boeing Next-Generation 737-800 aircraft and will retrofit the airline's existing six aircraft.

The wheels and carbon brakes will provide a weight savings of approximately 700 pounds (318 kg) per airplane compared to high capacity steel brakes, and 550 pounds (250 kg) compared to standard capacity steel brakes. In addition to the fuel cost savings from the reduced weight, the Goodrich DURACARB® carbon brake also offers airlines significantly higher brake life compared to steel brakes.

Jim Wharton, vice president of sales and program management for Goodrich Aircraft Wheels and Brakes, said "Goodrich is now able to offer a carbon brake option for all models of the Boeing Next Generation 737 platform. Airlines have expressed great interest in our carbon brake option due to the lower weight and resulting fuel burn reduction. Our DURACARB® carbon material continues to demonstrate superior brake life performance on other in-service programs and we now look forward to providing the same benefit to new and existing 737 Next Generation operators."

Ghaith al Ghaith, Chief Executive Officer of flydubai, said, "We believe that we are setting a new standard by being the first airline using Boeing Next-Generation 737 aircraft to receive Goodrich's carbon brakes. The many advantages of using these brakes will enable us to keep our costs low and make savings which we can pass onto our customers. The on time delivery of this new aircraft also marks the arrival of flydubai's seventhBoeing Next-Generation 737-800 in a span of just 10 months since we started commercial flights. It also ensures we can keep the expansion of the airline on track with the start of services to our 12th and 13th destinations, Muscat, Oman and Kuwait City, Kuwait."

Owned by the government of Dubai, flydubai is Dubai's first low cost airline and started commercial flights onJune 1, 2009. The airline already operates six Boeing Next-Generation 737 aircraft on 11 routes, making it one of the fastest growing start-up airlines in the world. The airline's operational destinations are: Beirut-Lebanon,Amman-Jordan, Damascus and Aleppo-Syria, Alexandria-Egypt, Djibouti-Africa, Doha-Qatar, Khartoum-Sudan,Baku-Azerbaijan, Bahrain and Kathmandu-Nepal. flydubai recently announced Kuwait City and Muscat as its next double daily routes with flights to Muscat starting on Sunday, March 28th, and Kuwait on Tuesday, March 30th, 2010.

Goodrich Corporation, a Fortune 500 company, is a global supplier of systems and services to aerospace, defense and homeland security markets. With one of the most strategically diversified portfolios of products in the industry, Goodrich serves a global customer base with significant worldwide manufacturing and service facilities. For more information, visit http://www.goodrich.com.

Goodrich Corporation operates through its divisions and as a parent company for its subsidiaries, one or more of which may be referred to as "Goodrich Corporation" in this press release.

GR – Actuation and Landing Systems

Related Headlines

• First Boeing Next-Generation 737 with Goodrich DURACARB(R) Carbon Brakes Enters Service with Arrival of flydubai's Seventh Aircraft - PR Newswire
• Goodrich Delivers 2,000th Helicopter Health and Usage Management System (HUMS) - PR Newswire
• Goodrich Delivers Wide-Area Persistent Surveillance Infrared Cameras to Naval Research Laboratory - PR Newswire
• Goldman Places Goodrich on Conviction Buy List - at Fox Business
• Goodrich added to Goldman conviction buy list - at MarketWatch

Metal Storm Receives Order From US Marine Corps

Defense News ~ BRISBANE, AUSTRALIA--(Marketwire - 03/15/10) - Metal Storm Limited (ASX:MST - News) (Pinksheets:MTSXY - News).

Metal Storm Limited is pleased to announce that Metal Storm Inc. has received an order from the United States Marine Corps to provide 45 Improvised Explosive Device/Explosive Ordnance Disposal (IED/EOD) training kits.

The Firm Fixed Price (FFP) contract is valued at US$691,610. Delivery is to be completed within 120 days.

Notes:
Metal Storm's Australian Stock Exchange trading code: MST
Metal Storm's OTC Symbol: MTSXY

About Metal Storm
Metal Storm Limited is a multi-national defence technology company engaged in the development of electronically initiated ballistics systems using its unique "stacked projectile" technology. The company is headquartered in Brisbane, Australia and incorporated in Australia. Metal Storm Limited technology and products are represented in the USA by Metal Storm Inc., which has offices in Arlington Virginia.

Metal Storm is working with government agencies and departments, as well as industry, to develop a variety of systems utilising the Metal Storm non-mechanical, electronically fired stacked ammunition system.

Metal Storm's weapon technology uses computer-controlled electronic ignition and a system of stacked projectiles, to achieve a completely non-mechanical gun that is very lightweight and compact, providing a very high firepower to weight ratio. The Metal Storm weapons system utilises multiple barrels mounted together on one platform which allows varying munitions types to be deployed in a single, low cost, lightweight weapon system. Firing the weapons by electronic ignition requires no moving parts, allowing reliable long term unattended weapon operation.

Safe Harbour
Certain statements made herein that use the words "estimate", "project", "intend", "expect", "believe" and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties which could cause the actual results, performance or achievements of the company to be materially different from those which may be expressed or implied by such statements, including, among others, risks or uncertainties associated with the development of the company's technology, the ability of the company to meet its financial requirements, the ability of the company to protect its proprietary technology, potential limitations on the company's technology, the market for the company's products, government regulation in Australia and the US, changes in tax and other laws, changes in competition and the loss of key personnel. For additional information regarding these and other risks and uncertainties associated with the company's business, reference is made to the company's reports filed from time to time with the Securities and Exchange Commission, including the company's Form 20-F.

Contact:

 
Company Contact:
Australia & USA
Dr Lee Finniear 
Chief Executive Officer
Metal Storm Limited 
Ph: +61 7 3123 4700 

Related Headlines
Metal Storm Receives Order From US Marine Corps - Marketwire
Metal Storm Weapons Participate in UGV Live-Fire Scenario - Marketwire
Metal Storm to Deliver MAUL(TM) Weapon Systems to Defence R&D Canada - Marketwire
Metal Storm Signs A$20.2M Finance Deal With Institutional Investor - Marketwire
Metal Storm Announces Weapon Supply Contract- Marketwire

SpaceX says Falcon 9 rocket test fire is a success

* Debut flight of private rocket could be this spring

* SpaceX, Orbital to resupply space station for NASA

* Passenger space flight services also among plans (Adds time frame for next launch, paras 11-12)

By Irene Klotz

Defense News ~ CAPE CANAVERAL, Fla., March 14 (Reuters) - Space Exploration Technologies successfully test fired its Falcon 9 rocket this weekend, clearing a milestone toward the inaugural flight of a privately developed spaceship to fly cargo, and possibly astronauts, into orbit, the company said.

Saturday's 3.5-second 'static' firing of the Falcon's nine kerosene and liquid oxygen-burning motors took place on a refurbished oceanside launch pad at Cape Canaveral Air Force Station in Florida. It followed an earlier firing test aborted last week due to an improperly configured valve.

The successful test by California-based SpaceX clears the way for Falcon 9's debut mission -- a demonstration flight which could take place as early as April 12 from the same launch site, just south of the space shuttle launch pads at the Kennedy Space Center.

President Barack Obama has proposed adding $6 billion to space agency NASA's budget over the next five years to help private firms like SpaceX develop spaceships that can ferry astronauts to and from the International Space Station, which he wants to continue until at least 2020.

With the NASA shuttle fleet retiring due to safety and cost concerns, the U.S. agency has turned over space station crew transport to the Russian government at a cost of about $51 million per seat.

Obama plans to hold a summit in Florida next month to discuss the U.S. space plans and industry.

SpaceX, owned and operated by Internet entrepreneur Elon Musk, already holds NASA contracts worth nearly $1.9 billion to develop and fly Falcon 9 rockets and Dragon capsules for space station cargo resupply missions.

Virginia-based Orbital Sciences Corp (ORB.N) has NASA contracts of similar value for its Taurus II-Cygnus system, which is scheduled to debut next year.

SpaceX says it needs about three years to develop a launch escape system for Dragon and other upgrades to have Falcon 9 ready for passenger service.

"What we are going through right now is the equivalent of 'beta testing'," Musk, SpaceX's founder and chief executive, wrote in an email after last week's aborted test. "The beta phase only ends when a rocket has done at least one, but arguably two or three consecutive flights to orbit," he said.

With its FAA license to launch granted last week, SpaceX is just awaiting clearance from the Air Force for Falcon 9's emergency abort system, which would be used to terminate the launch if the rocket strayed from its projected fight path and threatened populated areas.

"As soon as the tests are complete and (Air Force) has signed off, we will launch," said Musk. (Editing by Pascal Fletcher and Todd Eastham)

Boeing, Qatar Emiri Air Force Laud C-17 Fleet's Achievements

Defense News ~ DOHA, Qatar, March 15, 2010 -- Boeing [NYSE: BA] and the Qatar Emiri Air Force (QEAF) celebrated Qatar's deployment of C-17 Globemaster III airlifters during an Air Force Day ceremony held March 10 at Doha International Airport.

"When the Qatar Emiri Air Force acquired two C-17s last year, we did so with every intention of supporting international disaster-relief and humanitarian missions around the world," said Brig. Gen. Ahmed Al-Malki, head of Qatar's airlift selection committee. "We take great pride in being among the first of many nations to respond to Haiti and Chile, delivering several thousand tons of food, water and medical supplies."

Just days after Haiti was struck by an earthquake on Jan. 12, a Qatar C-17 delivered aid to the country's capital, Port-au-Prince. On March 4, Qatar sent a C-17 filled with humanitarian aid to Chile in response to that country's Feb. 27 earthquake.

"It is with great appreciation that on Air Force Day we salute the Qatar Emiri Air Force and its leadership for the many important contributions they are making right now in Chile and Haiti," said Chris Chadwick, president, Boeing Military Aircraft. "Boeing employees everywhere were extremely moved to see Qatar's C-17s bringing hope to those in need, and joining so many other nations on lifesaving missions. We're proud that the C-17, with its reputation for reliability and maintainability, is serving your nation, and the people of Chile and Haiti, so well."

Boeing delivered Qatar's first C-17 on Aug. 11 and the second on Sept. 10. Qatar, the first Middle East nation to order the C-17, signed an agreement with Boeing on July 21, 2008, for the two advanced airlifters and associated equipment and services, as well as an option for two additional aircraft. The company provides Qatar's C-17s with operational support, including material management and depot maintenance support, under the C-17 Globemaster III Sustainment Partnership at Al Udeid Air Base, where the QEAF's C-17s are based.

"The Qatar Emiri Air Force's acquisition of the C-17 is a testament to Qatar's laudable and growing role in humanitarian relief around the world," said Paul Kinscherff, president, Boeing Middle East. "Boeing is pleased to be a partner to the State of Qatar as it builds humanitarian capabilities, a global air transport hub, and its role in the aerospace industry."

A total of 214 C-17s are currently in service worldwide. Nineteen of the airlifters are in service with international customers, while the U.S. Air Force, including active Guard and Reserve units, has 195. International customers include Qatar, the United Kingdom's Royal Air Force, the Canadian Forces, the Royal Australian Air Force and the 12-member Strategic Airlift Capability consortium of NATO and Partnership for Peace nations. The United Arab Emirates is on contract for six C-17s, which it will receive in 2011 and 2012.

A unit of The Boeing Company, Boeing Defense, Space & Security is one of the world's largest defense, space and security businesses specializing in innovative and capabilities-driven customer solutions, and the world's largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Boeing Defense, Space & Security is a $34 billion business with 68,000 employees worldwide.

A related photo is available at boeing.mediaroom.com.

Contact:

Jerry Drelling
Boeing Global Mobility Systems
Mobile: 714-318-7594
jerry.a.drelling@boeing.com

Felix Sanchez
Boeing Middle East Communications
Mobile: 562-797-1114
felix.sanchez@boeing.com

Fourth 787 Joins Boeing Flight-Test Fleet

Defense News ~ EVERETT, Wash., March 14 /PRNewswire-FirstCall/ -- Boeing(NYSE:BA - News) has added the fourth 787 Dreamliner to its flight-test fleet with the completion of the first flight of ZA003. The airplane departed Paine Field in Everett, Wash., at 10:55 a.m. (Pacific time) and landed at 2:01 p.m. at Boeing Field in Seattle.

Captains Ray Craig and Mike Bryan piloted the airplane on its three-hour-and-six-minute flight. ZA003 is the final 787 with Rolls-Royce Trent 1000 engines to enter the flight-test program.

"We've done a significant amount of ground testing on the new systems on ZA003 in preparation for first flight. Engineering, manufacturing and flight operations have really pulled together as a team to enable first flight," said Craig. "It has been very rewarding to watch the Boeing team pull together in support of this milestone."

ZA003 is the only 787 in the flight test fleet that will include elements of the passenger interior features including cabin and crew support systems. The 787 is introducing new passenger amenities and provisions for a more comfortable flying experience. Among the new features are improved lighting, bigger stowage bins, larger windows with electrochromatic shades and redesigned lavatories with easier access.

In addition to demonstrating that the interior meets certification requirements, ZA003 will be used to conduct tests on systems, noise performance, flight-deck operations, avionics, electromagnetic effects, high-intensity radio frequency response and extended operations (ETOPS).

"The Boeing team is doing great work. We've established a good pace of accomplishment on the program," said Scott Fancher, vice president and general manager of the 787 program, Boeing Commercial Airplanes. "The priorities are clear and the entire team is focused."

Contact:
Lori Gunter
787 Communications
+1 206-931-5919

Zero Gravity Corporation Brings Sky High Adventure to the Capital City with Exclusive Weightless Flight, April 3

ZERO-G to Fly from Dulles International Airport Inviting Fliers to New Heights

Defense News ~ WASHINGTON, March 12 /PRNewswire/ -- On April 3, Zero Gravity Corporation's (ZERO-G), G-FORCE ONE will take off from IAD Airport offering fliers a once-in-a-lifetime opportunity to defy the laws of gravity. Guests will have the unique opportunity to float freely in complete weightlessness during ZERO-G's weightless flight. ZERO-G is the first and only FAA-approved provider of commercial weightless flights.

(Photo: http://www.newscom.com/cgi-bin/prnh/20100312/NE69656)

Zero Gravity Corp Brings Weightless Flight to Washington DC Click Here to Download Image

Flying ZERO-G is a rare opportunity that only a select few have experienced calling it amazing and life-changing. The Weightless Experience is an extraordinary and exciting luxury travel experience. It is the only opportunity on Earth for the general public to experience true "weightlessness" without going to space.

ZERO-G guests will receive:

• Pre-flight training to maximize their ZERO-G Experience
• Private transportation to/from LaGuardia Airport
• ZERO-G flight suit and patch
• Personal photography by a world-class photographer
• Post-flight re-gravitation party
• Weightless flight award certificate
• Branded ZERO-G gifts
• The chance to experience the rare and exalted state of weightlessness

The weightless flight is a journey that offers guests the chance to float like an astronaut. The exceptional adventure allows guests to fly like Superman, flip like an Olympic gymnast, and enjoy 10-times more hang-time than the world's best basketball player. It's not simulated; ZERO-G replicates the same levels of weightlessness enjoyed on Mars (1/3-gravity), the moon (1/6-gravity), and zero gravity. It's an experience unlike any other.

Martha Stewart, Joey Fatone, Ozzy Osbourne, Rob Dyrdek, Beatrice of York, Professor Stephen Hawking,Billy Bush, Gavin Newsom, Burt Rutan, Miles O'Brien, Nicole Kidman, Keith Urban and cast members of "The Apprentice" and "The Biggest Loser" are just a few notable passengers who've flown with ZERO-G and proclaimed it to be one of the most thrilling experiences of their lives.

This is the identical weightless flight experience used by NASA to train its astronauts and used by Ron Howard and Tom Hanks to film Apollo-13. Flights last approximately two hours and deliver 15 separate weightless experiences, each lasting about 30 seconds. The ZERO-G Experience is offered at a price of$4,950 per seat plus tax.

About ZERO-G

Zero Gravity Corporation (www.GoZeroG.com) is a privately held space entertainment and tourism company whose mission is to make the excitement and adventure of weightlessness accessible to the public. ZERO-G is based in Vienna, VA and is the first and only FAA-approved provider of weightless flight to the general public, as well as the entertainment and film industries; corporate and incentive market; non-profit research and education sectors; and government.

Founded in 1993, ZERO-G is led by a world-class team of veteran astronauts and experienced business leaders. The company was co-founded by X PRIZE Chairman and space visionary, Dr. Peter H. Diamandis; veteran astronaut, Dr. Byron K. Lichtenberg, and NASA Engineer Ray Cronise. The team spent more than a decade working to bring the marvel of weightless flight to the public.

Since launching the ZERO-G Experience in September 2004, the company has conducted more than 225 weightless flights and flown over 6,000 members of the public, including celebrities and media personalities, corporate charters, science and math teachers, and individuals age eight to 93.

ZERO-G operates under the highest safety standards as set by the FAA (Part-121) with its partner Amerijet International of Ft. Lauderdale Florida. Aircraft operations take place under the same regulations set for large commercial passenger airliners.

U.S. Navy grounds 104 F/A-18 Boeing fighter jets

Defense News ~ WASHINGTON, March 12 (Reuters) - The U.S. Navy grounded 104 older model F/A-18 fighter jets built by Boeing Co (BA.N). after tests had revealed earlier-than-expected cracks in the airframes, the agency said on Friday.

The Navy's Naval Air Systems Command cited an emerging "safety of flight issue" with legacy F/A-18 A through D Hornets, after inspections revealed cracking had occurred earlier than predicted on some of the planes.

The grounding affects 104 of the 635 A through D model fighter jets the Navy owns.

UPDATE 4-United Tech sees double-digit 2010 profit growth

* Sees EPS $4.40-$4.65

* Hamilton Sundstrand outlook up, Otis down

* Shares down 1 pct (Adds CEO quotes, paragraphs 6-7, 15)

By Scott Malone

Defense News ~ NEW YORK, March 12 (Reuters) - United Technologies Corp (UTX.N) confirmed it expects 2010 profit growth of 7 percent to 13 percent, saying a better outlook at its Hamilton Sundstrand aircraft unit would help offset headwinds at Otis elevator.

The diversified U.S. manufacturer said gains in China, which has pulled out of a global economic slump far faster than the United States, and the effects of aggressive cost-cutting last year would allow it to return to a growth footing.

"We are very well positioned for 2010," Chief Executive Louis Chenevert said in a meeting with analysts on Friday. "We're well positioned for sustainable double-digit earnings growth."

The world's largest maker of elevators and air conditioners reiterated its 2010 forecast, first issued in December, of profit of $4.40 per share to $4.65 per share on revenue of $54 billion to $55 billion.

Analysts, on average, expect $4.63 per share on revenue of $54.8 billion, according to Thomson Reuters I/B/E/S.

The company is starting to see demand pick up in its shorter-cycle businesses, such as Carrier air conditioners, which are ordered closer to delivery than, say, jet engines.

"Markets, especially our short-cycle businesses, are starting to resume momentum," Chenevert told reporters. That recovery could bring "modest" worldwide inflation in materials prices in the coming years, he added.

Hamilton Sundstrand's raised outlook reflects higher profit margins after a year of cost-cutting.

Otis faces weak demand for elevators in its home North American market, though executives said Western Europe is showing signs of stabilization and Chinese demand has recovered.

Shares of Hartford, Connecticut-based United Tech were down less than 1 percent at $71.46 in afternoon trading on the New York Stock Exchange. Over the past year, the blue-chip shares have gained 76 percent, outpacing the 48 percent rise in the Dow Jones industrial average .DJI.

FOCUS ON EMERGING MARKETS

Major U.S. industrials, including United Tech, General Electric Co (GE.N) and Caterpillar Inc (CAT.N), are navigating what thus far has been an uncertain economic recovery in the United States after a brutal downturn, and are counting on quicker growth outside the United States to offset sluggish demand at home.

Carrier's chief, Geraud Darnis, said U.S. demand for residential heating and cooling systems -- which was pounded by the prolonged housing slump -- appears to have bottomed out. [ID:N12140164]

United Tech at the start of this month closed its $1.8 billion acquisition of GE's security products business, its first large deal since Chenevert, 52, was named chairman on Jan. 1, ending a four-year transition of power from George David.

The company is interested in making additional acquisitions in the security and aerospace maintenance sectors but will primarily focus on smaller deals that could boost sales in key emerging markets, including China and India. It is unlikely to do another deal on the scale of GE Security in the near future, Chenevert said.

"I don't see big transactions at this point," Chenevert said.

United Tech's competitors include Eurocopter, a unit of EADS (EAD.PA), in helicopters; GE in jet engines; and ThyssenKrupp AG (TKAG.DE) in elevators.

The company, which also makes Pratt & Whitney jet engines and Black Hawk military helicopters, said on Wednesday that its board had authorized it to buy back to up to 60 million of its shares, worth about $4.3 billion at current prices. It aims to repurchase about $1.5 billion of stock this year. (Reporting by Scott Malone; editing by Gerald E. McCormick, John Wallace, Phil Berlowitz)

2010 International Commercial Remote Sensing Symposium Hugely Successful

United States Geospatial Intelligence Foundation (USGIF)

Defense News ~ WASHINGTON--(BUSINESS WIRE)--USGIF, NOAA and the Department of Commerce brought together business and government leaders from around the globe for the 2010 International Commercial Remote Sensing Symposium (ICRSS), which took place March 3 - 5. The event exceeded all expectations with a max capacity exhibit area and registration numbers of almost 400 attendees.

Feedback on the event has been overwhelmingly positive. Both speakers and attendees have expressed desire for ICRSS to become a reoccurring and must-attend event. From its strong agenda of speakers and topics to the ample amount of innovative technologies and organizations, attendees found ICRSS to be well worth its admission.

The symposium attracted attendees from 17 different countries including: Austria, Canada, Germany, India,Israel, Italy, Japan, Nigeria, Singapore, South Korea, Spain, Sweden, Switzerland, Turkey, United Arab Emirates and United Kingdom.

Roughly 33 percent of attendees were from government and military organizations such as the European Space Agency, NGA, U.S. Navy, OSD, U.S. Air Force, ODNI, NRO, Los Alamos National Lab, DHS, CIA, State Department and the U.S. Army, Navy, Air Force and Coast Guard. Capitol Hill was also well represented with staffers from the House Permanent Select Committee on Intelligence and Senate Select Committee on Intelligence as well as attendees from the offices of Sen. Udall, Rep. Ruppersberger, Rep. Tiahrt, Sen. Webb and Sen. Roberts.

In parallel of its mission to promote educational success within the tradecraft, USGIF provided academia the opportunity to attend by discounting their admission rate and drawing students from George Mason University, George Washington University, Gettysburg College, National University of Singapore and Washington College.

The 2010 ICRSS provided three days of discussions and exhibits on key issues affecting the community. Mary Glackin, deputy under secretary of NOAA, Dennis Hightower, deputy secretary of Commerce and Rep. C.A. Dutch Ruppersberger, D-Md., all gave keynote addresses. GeoEye, DigitalGlobe, ERDAS, Infoterra, Riverside Research Institute, Compusult, Spot Image, Applied Imagery, Fugro EarthData, GIS Development, Pictometry, Geospatial Intelligence Forum, DMC International Imaging and NGA exhibited their latest remote sensing capabilities and solutions for the community.

USGIF is a 501(c)(3) non-profit educational foundation dedicated to promoting the geospatial intelligence tradecraft and developing a stronger GEOINT Community with government, industry, academia, professional organizations and individuals whose mission is the development and application of geospatial intelligence to address national security challenges. For more information, please visit www.USGIF.org.

Contact:

United States Geospatial Intelligence Foundation
Jordan Fuhr
Director of Marketing
and Strategic Communications
703-793-0109 x101
jordan.fuhr@usgif.org

Crane Co. Announces Date for First Quarter 2010 Earnings Release and Teleconference

Defense News ~ STAMFORD, Conn.--(BUSINESS WIRE)--Crane Co. (NYSE: CR -News) announces the following schedule and teleconference information for its first quarter 2010 earnings release:

• Earnings Release: April 19, 2010 after close of market by public distribution and the Crane Co. website at www.craneco.com.
• Teleconference: April 20, 2010 at 10:00 AM (Eastern) hosted by Eric C. Fast, President & CEO, Timothy J. MacCarrick, Vice President & CFO, and Richard E. Koch, Director of Investor Relations and Corporate Communications. The web cast will be in a listen-only mode via the Company’s websitewww.craneco.com.
• Web Replay: Will be available on the Company’s website shortly after completion of the live call.

Crane Co. is a diversified manufacturer of highly engineered industrial products. Founded in 1855, Crane provides products and solutions to customers in the aerospace, electronics, hydrocarbon processing, petrochemical, chemical, power generation, automated merchandising, transportation and other markets. The Company has five business segments: Aerospace & Electronics, Fluid Handling, Engineered Materials, Merchandising Systems and Controls. Crane has approximately 10,000 employees in North America, South America, Europe, Asia and Australia. Crane Co. is traded on the New York Stock Exchange (NYSE:CR -News). For more information, visit www.craneco.com.

Contact:

Crane Co.
Richard E. Koch, 203-363-7352
Director, Investor Relations and Corporate Communications
www.craneco.com