L-3 gets potential $250 mln U.S. drone deal

WASHINGTON, Sept 11 (Reuters) - L-3 Communications Holdings Inc (LLL.N) has won a U.S. Special Operations Command contract for remotely piloted aircraft support potentially worth up to $250 million, the Defense Department said on Friday. The one-year contract includes options for four one-year periods for the so-called Expeditionary Unmanned Aircraft System to back the command's fixed-wing aircraft, the Pentagon's daily contract digest said.
It said the contract was awarded through full and open competition. The unmanned aircraft is provided by L-3's Geneva Aerospace unit of Carrollton, Texas.
(Reporting by Jim Wolf; Editing by Richard Chang)

Allen-Vanguard executes binding agreement with affiliate of Versa Capital Management to go private

<< - Allen-Vanguard to continue as going concern with stable capital structure, significantly strengthened liquidity and financial position and no interruption of operations or supplier relationships
- Transaction will result in revised multi-year credit agreement and retirement of a portion of Allen-Vanguard's senior debt
- Allen-Vanguard's senior lenders will make new revolving credit and documentary credit facilities available to it >>
OTTAWA, Sept. 12 /2009, CNW Telbec/ - Allen-Vanguard Corporation (TSX: VRS - News; "Allen-Vanguard" or the "Company") of Ottawa, Canada, Versa Capital Management, Inc., a Philadelphia-based private equity investment firm, and the Company's senior lenders (the "Lenders") today announced the execution of an agreement pursuant to which Allen-Vanguard will become a 100%-owned affiliate of investment partnerships managed by Versa Capital Management, Inc. (collectively, "Versa").
Versa will provide both equity and debt capital to Allen-Vanguard. This will permit the restructuring and reduction of Allen-Vanguard's existing senior secured credit facilities and their replacement with a multi-year credit agreement and afford the Company significant flexibility to pursue its business plan. Certain of the Lenders will make available a new revolving credit facility and documentary credit facility to Allen-Vanguard.
The transaction agreement provides that the Company's obligations to trade creditors shall be unaffected and will continue to be paid or satisfied in the ordinary course. Similarly obligations to employees also will be unaffected. All shares, options, restricted stock, warrants and other securities in Allen-Vanguard and any related rights will be cancelled on closing of the transaction, with no consideration paid to holders. Closing of this transaction is subject to closing conditions customary for a transaction of this nature, including any required regulatory or court approvals.
"This announcement marks the end of an exacting, year-long process of recapitalizing the Company in order to execute our business plan going forward," said David E. Luxton, President and CEO of Allen-Vanguard. "This process took place during a period of extremely difficult credit and equity markets, and a concurrent decline in the Company's financial performance. While we received several overtures during this past year, Versa was the only party able to conclude definitive terms. Under Versa's ownership, Allen-Vanguard will continue to conduct its business in the ordinary course, with management and the new board focused on global business opportunities. This follows the progress that we have made over the last year to right-size the Company, to expand and diversify the Company's proprietary products and services, and to serve major customers around the world, who continue to rely on the Company's leading and proprietary technologies."
"We are very pleased to have come to an agreement with Allen-Vanguard and its Lenders. Allen-Vanguard possesses the world's leading technologies in the counter-terrorism market and we are, ourselves, deeply committed to the provision of these mission-critical technologies," said Gregory L. Segall, Managing Partner of Versa Capital Management, Inc. "This recapitalization is a substantial accomplishment for Allen-Vanguard, and we look forward to working with members of the management team as they return their full focus to executing their business plan in concert with key partners, customers and other stakeholders."
There are no plans to move the Company's head office from Ottawa, Ontario or its operations in Canada, the United States or the United Kingdom.
Forward-looking statements
This press release may contain forward-looking statements, which reflect Allen-Vanguard's or Versa's current expectations regarding future events, its strategy, expected performance and condition. Forward-looking statements include statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects," "anticipates," "plans," "believes," "estimates" or negative versions thereof and similar expressions. In addition, any statement that may be made concerning future performance, strategies or prospects, and possible future investments, acquisitions or dispositions, is also a forward-looking statement. Forward-looking statements are based on current expectations and projections about future events and are inherently subject to, among other things, risks, uncertainties and assumptions about the Company and economic factors. Forward-looking statements are not promises or guarantees of future performance, and actual events and results could differ materially from those expressed or implied in any forward-looking statements made about the Company. Any number of important factors could contribute to these digressions, including, but not limited to, general economic, political and market factors in North America and internationally, interest and foreign exchange rates, global equity and capital markets, business competition, technological change, changes in government regulations, unexpected judicial or regulatory proceedings, and catastrophic events. We stress that the above-mentioned list of important factors is not exhaustive. We encourage you to consider these and other factors carefully before making any investment decision and we urge you to avoid placing undue reliance on forward-looking statements. Further, you should be aware that the Company disclaims any obligation to publicly update or revise any such forward-looking statements whether as a result of new information, future events or otherwise, prior to the release of the next Management Discussion and Analysis to be released by the Company or except as required by law.
About Versa Capital Management
Versa Capital Management, Inc. is a private equity investment firm with over $900 million of committed capital focused on control investments in special situations involving middle market companies in a wide variety of industries throughout North America. More information can be found at www.versa.com.
About Allen-Vanguard
Allen-Vanguard Corporation supports the mission of military and homeland security forces around the world with leading proprietary solutions for protection and counter-measures against hazardous devices of all kinds, whether chemical, biological, radiological or explosive ("CBRNE"), including improvised explosive devices (IEDs) and remotely controlled IEDs ("RCIED"s). Allen-Vanguard equipment is in service in more than 120 countries. Products include Electronic Counter-Measures ("ECM") equipment for jamming remote detonation of terrorist devices, specialty security equipment for Explosive Ordnance Disposal ("EOD"), remote intervention robots for hazardous applications, and personal protective wear for use in dealing with explosive and bio-chemical agents. Allen-Vanguard is the developer and/or sole, worldwide licensee of proprietary technologies such as the Med-Eng bomb suit, the Defender(TM) and Vanguard(TM) Mk2 bomb disposal robots, and the Universal Containment System and CASCAD Foam system for blast mitigation and decontamination of bio-chemical warfare agents. Professional services encompass counter-IED intelligence, training and advisory services, including the Triton(TM) Report on terrorist incidents around the world. The Company operates globally through its wholly-owned subsidiaries under the names "Allen-Vanguard", "Med-Eng" and "Hazard Management Solutions". Head office operations are located in Ottawa, Ontario, Canada, with manufacturing operations in Pembroke, Ontario; Ogdensburg, New York; and Tewkesbury, U.K. The Company has professional services operations in Shrivenham, UK, Canada and in the U.S. in Arlington, Virginia, plus sales offices in Canada, the U.S., the U.K. and Asia. Allen-Vanguard's shares are listed on The Toronto Stock Exchange (TSX) under the symbol "VRS". To find out more about Allen-Vanguard Corporation (TSX: VRS - News), visit our website at www.allenvanguard.com.
For further information
on Versa Capital Management: Kristy Lash, Gregory/FCA, (610) 642-8253 x 144
For further information on Allen-Vanguard: Robin Sundstrom, (647) 822-8111, ir@allenvanguard.com

FedSources Unveils Transparent View into Multi-Billion Dollar Government Market

New FedSources IntelliSearch™ Business Intelligence Portal Gives Users Comprehensive Information on Federal and State Business Opportunities
MCLEAN, Va.-September 11, 2009, -(BUSINESS WIRE)--FedSources, a Washington Management Group company and the nation’s premier provider of government market intelligence, today unveiled the FedSources IntelliSearch™ business intelligence portal. Through new features and enhanced search capabilities, FedSources IntelliSearch provides clients with direct, transparent access to actionable information they can use to build their government pipeline and land new government deals.
FedSources IntelliSearch is a critical tool for companies that want to sell services and products to the government. FedSources IntelliSearch provides a single, consolidated view of a wealth of government contract information relating specifically to a client’s service and product offerings.
With the highly targeted information provided through FedSources IntelliSearch, customers can:
~ Build a government-specific business development plan
~ Identify perfect-fit government contracts
~ Build a sales pipeline (complete with contact names, numbers, and e-mail addresses)
~ Perform competitive and partner analysis
Coupled with unlimited on demand research FedSources IntelliSearch gives users the edge to grow their customer business.
“FedSources IntelliSearch is comprehensive. It provides a complete picture of the government market,” says Bill Gormley, president and CEO of FedSources. “It gives you all the information you’re looking for, as well as information you didn’t even know you needed.”
Progressive Search
FedSources IntelliSearch draws its information from FedSources research and expert analysis of Federal and State Opportunities, Agency and State Profiles, contact information for thousands of Federal and State contracting officials, and in-depth information on any company that already does business with the government – including partners and competitors.
When a customer enters a search term, FedSources IntelliSearch provides a complete picture of the environment surrounding that search, as well as additional related information within the context of the search. For example, if a client enters the word “security”, FedSources IntelliSearch will return a broad range of results from security-based contract opportunities to security companies already doing business with the government to security-project contracting officers and their contact information.
“There is so much information out there on government contracts. The value FedSources provides is the ability to find the opportunities that are relevant to you,” Gormley says. “With the new capabilities within FedSources IntelliSearch, we’re taking that value and adding a level of depth and connectivity that has never been available to industry and government before.”
Gormley adds: “I wish I had this resource available to me when I was with GSA as a contracting officer and manager for acquisition planning purposes.”
For more than 25 years, FedSources has been helping customers identify and win government contracts. FedSources clients have complete access to FedSources IntelliSearch at no extra charge. FedSources also offers clients a range of additional services to help identify and win government business, including Customized Consulting and Market-Leading Events.
To find out how to become a FedSources client, call 703-610-8700 or visit www.fedsources.com and visit the “Free Trial Offer”.
About FedSources
FedSources, a Washington Management Group Company, is the nation’s premier provider of government market intelligence. Since 1984, the company has been providing information and insight to industry and government decision makers via market intelligence services, customized consulting and informational events. These programs, underscored by a hands-on approach to client support, enable companies and government agencies to make informed decisions to win more public sector business. FedSources is headquartered in McLean, VA. For more information visit: www.fedsources.com.
Contact:
ENC Marketing & Communications
Caryn Fox,
703-288-1620 x-104
cfox@encmarketing.com
www.fedsources.com

French SIA Integrates GIS Into Aeronautical System

Automation, Quality Assurance, and Workflow Management Create Efficient and Accurate Data Production
REDLANDS, Calif., Sept. 11 /PRNewswire/ -- The French Service de l'Information Aeronautique (SIA), headquartered in the Bordeaux-Merignac Airport in the town of Merignac, France, has awarded a contract for an aeronautical information management (AIM) system based on ESRI's geographic information system (GIS) software. The contract was awarded to ESRI France, and French aeronautical technology companies Thales and CGx AERO in SYS (CGx), an ESRI business partner. The new system, Nouvel Outil de Production de l'Information Aeronautique (NOPIA), will provide an integrated solution to manage aeronautical data and create charts, including the national Aeronautical Information Publication (AIP) detailing regulations and procedures for aircraft in France.
The French SIA is the national aeronautical service provider responsible for regulating and managing air navigation in France, including international travel that begins or ends in the country. The organization provides many resources such as the preparation and sale of flight charts, for example, radio navigation charts at a scale of 1:1,000,000 and regional charts at a scale of 1:250,000.
NOPIA will allow French SIA operators to better manage and efficiently deliver information for flight navigation in French airspace. The system meets the International Civil Aviation Organization (ICAO) standards for data integrity, consistency, and availability and is fully interoperable with the European Aeronautical Database (EAD), a centralized reference database of quality-assured aeronautical information for airspace users.
ESRI's ArcGIS and Production Line Tool Set (PLTS) for ArcGIS - Aeronautical Solution will provide NOPIA with the ability to store and edit its aeronautical information and produce high-quality charts. Another ESRI ArcGIS extension, Job Tracking for ArcGIS (JTX), will improve the efficiency of the project by defining, organizing, and standardizing the individual tasks within the workflow. NOPIA also incorporates components from ESRI business partners Safe Software Inc. and CGx.
Canadian firm Safe Software will provide FME for Geographical ETL, a tool for extracting, transforming, and loading (ETL) geographic and spatial data, to assist with data interoperability. CGx will implement its AI-Sky Data framework, an add-on for ArcGIS, to help with the integration of aeronautical and geographic data. Both Thales and CGx will assist the French SIA with migrating chart production to the new system as well as migrating data needed into World Geodetic System (WGS) 84, commonly used to accurately represent the earth in aeronautical charts.
Civil and military organizations use ESRI GIS software to create and maintain digital aeronautical datasets and produce high-quality, database-driven charts that meet their unique specifications. GIS can help these agencies maintain, control, and disseminate data that meets their rigorous requirements. Visit www.esri.com/aeronautical for more information.
About ESRI
Since 1969, ESRI has been giving customers around the world the power to think and plan geographically. The market leader in GIS, ESRI software is used in more than 300,000 organizations worldwide including each of the 200 largest cities in the United States, most national governments, more than two-thirds of Fortune 500 companies, and more than 7,000 colleges and universities. ESRI applications, running on more than one million desktops and thousands of Web and enterprise servers, provide the backbone for the world's mapping and spatial analysis. ESRI is the only vendor that provides complete technical solutions for desktop, mobile, server, and Internet platforms. Visit us at www.esri.com.
ESRI, the ESRI globe logo, GIS by ESRI, ArcGIS, PLTS, JTX, www.esri.com, and @esri.com are trademarks, registered trademarks, or service marks of ESRI in the United States, the European Community, or certain other jurisdictions. Other companies and products mentioned herein may be trademarks or registered trademarks of their respective trademark owners.
Press Information
Contact: Karen Richardson, ESRI
Tel.: 909-793-2853, extension 1-3491
E-mail: press@esri.com

Precision Castparts Corp. Presents Business Update At JPMorgan Diversified Industries Conference 2009

Precision Castparts Corp. ~ PORTLAND, Ore., Sept. 11, 2009 (GLOBE NEWSWIRE) -- Mark Donegan, chairman and chief executive officer of Precision Castparts Corp. (NYSE:PCP - News), will present an overview of business operations at the JP Morgan Diversified Industries Conference 2009 in New York on Tuesday, September 15, at 9:00am ET.
This presentation includes some information not previously released in a public forum. JP Morgan is making the audio webcast available on the Internet through the following link: http://metameetings.com/webcasts/jpmorgan/industries09/directlink?ticker=PCP
A link to the webcast will also be posted on PCC's website at: http://www.precast.com/PCC/CorpPres.html
Precision Castparts Corp. is a worldwide, diversified manufacturer of complex metal components and products. It serves the aerospace, power generation, and general industrial markets. PCC is the market leader in manufacturing large, complex structural investment castings, airfoil castings, and forged components used in jet aircraft engines and industrial gas turbines. The Company is also a leading producer of highly engineered, critical fasteners for aerospace, and other general industrial markets and supplies metal alloys and other materials to the casting and forging industries.
Information included within this press release describing projected growth and future results and events constitutes forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results in future periods may differ materially from the forward-looking statements because of a number of risks and uncertainties, including but not limited to fluctuations in the aerospace, power generation, and general industrial cycles; the relative success of the Company's entry into new markets; competitive pricing; the financial viability of the Company's significant customers; the impact on the Company of customer labor disputes; demand, timing and market acceptance of new commercial and military programs; the availability and cost of energy, materials, supplies, and insurance; and the cost of pension benefits and post-retirement medical benefits; equipment failures; relations with the Company's employees; the Company's ability to manage its operating costs and to integrate acquired businesses in an effective manner; governmental regulations and environmental matters; risks associated with international operations and world economies; the relative stability of certain foreign currencies; the impact of adverse weather or natural disasters; the availability and cost of financing; and implementation of new technologies and process improvement. Any forward-looking statements should be considered in light of these factors. The Company undertakes no obligation to publicly release any forward-looking information to reflect anticipated or unanticipated events or circumstances after the date of this document.
Precision Castparts Corp.'s press releases are available on the Internet at GlobeNewswire's website -- http://www.globenewswire.com or PCC's home page at http://www.precast.com.
Contact:
Precision Castparts Corp.
Dwight Weber
(503) 946-4855
http://www.precast.com

One of the World's Largest Maritime Exercises Kicks Off in Panama

U.S. Southern Command ~ September 11, 2009, PANAMA CITY, Sept. 11 /PRNewswire/ -- More than 4,500 personnel from 20 countries began a 12-day exercise here Friday to train in a joint, multinational effort to ensure the security of the Panama Canal.
U.S. and Panamanian officials held a formal opening ceremony Friday for Fuerzas Aliadas (Allied Forces) PANAMAX 2009, co-sponsored by U.S. Southern Command and the Government of Panama, in Panama City, Panama.
Representatives of the 20 participating nations joined Jose Raul Mulino, Panama's Minister of Government and Justice, and U.S. Army National Guard Brig. Gen. Gerald W. Ketchum, Director of Stability for U.S. Southern Command, at the ceremony.
FA PANAMAX 2009 is one of the largest multinational training exercises in the world, and is taking place in the waters off the coasts of Panama from Sept. 11-22 with the participation of civil and military forces.
More than 20 vessels and a dozen aircraft are involved in the exercises. Participants are focusing on a variety of responses to any request from the Government of Panama to protect and guarantee safe passage of traffic through the Panama Canal, ensure its neutrality, and respect national sovereignty. Simulated ground forces are also participating at Fort Sam Houston in San Antonio, Texas.
"This year's exercise will continue the tradition of strengthening partnerships and building real operational capability," said Ketchum. "It is important to all participants, that this unique engine of regional and world economic activity remain safe, secure and prosperous.
"In 2009, we will collectively exercise maritime interdiction, security operations, humanitarian assistance and disaster relief," Ketchum added.
Minister Mulino also emphasized the importance of creating the legal, institutional and operational framework necessary to ensure the safeguarding of the Panama Canal.
The multinational forces protecting the canal approaches will be organized under Multi-National Force-South and commanded by U.S. Army Maj. Gen. Keith M. Huber, commander of U.S. Army South.
The FA PANAMAX 2009 exercise scenario includes sea-based training devoted to maritime interdiction operations, including visit, boarding, search and seizure. Virtual land-based training in San Antonio, Texas, will focus on command and control, stability operations, humanitarian assistance and disaster-relief operations.
FA PANAMAX 2009 participating nations include: Argentina, Belize, Brazil, Canada, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Netherlands, Nicaragua, Panama, Paraguay, Peru, United States and Uruguay. France and Mexico are scheduled to participate as observers. The Conference of Central American Armies, the Organization of American States and the United Nations will also participate.
Honduras withdrew from the exercise Aug. 10.
PANAMAX began in 2003 with three countries: Panama, Chile and the United States. Exercise participation has greatly expanded every year since. In 2004, nine nations took part; in 2005, 15 nations were involved; in 2006, 18 nations participated; in 2007, 19 nations took part and last year 20 nations were a part of PANAMAX 2008.

Home Automation Inc. (HAI) Adds Luxul Wireless as Connectivity Partner

Luxul Pro-WAV(TM) Solutions Enhance Performance of OmniTouch Portable Touchscreen and Other Wireless Devices Inside an HAI Automated Home
LINDON, UT--(Marketwire - 09/11/09) - Luxul Wireless, a leading innovator of patented high-performance wireless signal technologies, has been named a Home Automation, Inc. (HAI) Connectivity Partner. HAI is a leading manufacturer of integrated security and home automation products. The Connectivity Partnership introduces Luxul Pro-WAV� wireless enhancement solutions as compatible for use with HAI devices. Pro-WAV products are designed to efficiently extend the coverage area and improve network performance in large homes -- enabling a single access point to provide "whole-home" Wi-Fi coverage.
"The Connectivity Partnership between Luxul Wireless and HAI helps deliver significant advantages in terms of the range and connectivity of mobile devices on a wireless network," explains HAI Director of Technical Services, Scott Dudoussat. "With Pro-WAV, a single access point can now provide seamless wireless coverage in situations that previously required 3 or 4 access points."
Using high-performance Pro-WAV solutions, HAI dealers and integrators can now easily extend the wireless network by up to 400%. This allows for whole-home Wi-Fi coverage using a single wireless access point (WAP) in installations where multiple WAPs have traditionally been required. With Pro-WAV, a single WAP can provide network access for the entire home, garage, outbuildings, and even the yard -- delivering considerable savings in equipment and installation time, while enabling HAI wireless devices to roam seamlessly throughout the entire home. Pro-WAV products are ideal for use with HAI's OmniTouch 10p Portable Touchscreen, Philips Pronto remote controls, and other mobile devices running Snap-Link, Snap-Link Mobile, and WL3.
Designed for ease of implementation, Pro-WAV products include everything necessary to deliver whole-home Wi-Fi coverage. Pro-WAV kits and systems implement patented signal booster and advanced circular polarization antenna technologies -- providing increased signal penetration, range and clarity that outperforms traditional signal technologies.
"Pro-WAV delivers a nice complement to the HAI line of wireless network devices," said Jeffrey Curtis, president of Luxul Wireless. "Our mutual customers will be well served by the Connectivity Partnership. We're excited to be working with HAI to integrate Luxul technologies."
HAI products are available through a worldwide network of distributors and installing dealers in over 80 countries. For more information, please visit www.luxulwireless.com or www.homeauto.com.
Contact:
Contacts:
Clark Roundy
Luxul Wireless
Email Contact
801-822-5475
Greg Rhoades
Home Automation, Inc. (HAI)
Email Contact5
04-736-9810 Ext. 233

WTO says Airbus subsidies hurt Boeing -US lawmaker

* Damage amount not yet assessed, U.S. senator says
* Ruling could influence decision on Pentagon contract
By Doug Palmer
WASHINGTON, Sept 11 (Reuters) - A World Trade Organization panel has found that European subsidies for Airbus (EAD.PA) injured its U.S. rival Boeing (BA.N), a U.S. senator said on Friday in remarks that clashed with a colleague's description of the ruling.
The high-stakes decision, not expected to be announced publicly for months, could influence whether Airbus parent EADS and its U.S. partner Northrop Grumman Corp (NOC.N) win a multibillion-dollar contract to build a tanker refueling fleet for the U.S. Air Force.
"They didn't assess a damage amount, as of yet. But they said there was a violation of the rules and there was harm that happened to Boeing because of this ... aid that was illegal," Senator Sam Brownback of Kansas told Reuters on Friday.
A damage estimate usually comes in later stages of WTO litigation and provides the basis for countries to impose retaliation if an offending practice is not reformed.
Brownback, whose state is home to Boeing military production, was responding to a letter sent by Senator Richard Shelby on Thursday to U.S. Trade Representative Ron Kirk. [ID:nN10405436]
Shelby said the WTO had ruled that a "launch aid" loan mechanism used by European governments to help Airbus develop aircraft was legal under global trade rules and that Boeing "was not materially injured by action taken by Airbus."
KANSAS VERSUS ALABAMA
He strongly criticized lawmakers like Brownback who say the WTO ruling is grounds for the Pentagon to decide against buying planes built by Airbus for a new fleet of mid-air refueling tankers.
But on that point, Brownback said he had no intention of backing down.
"Having watched Airbus illegally take market share from Boeing for years in the commercial field, I'm not about to stand by while they take U.S. military contracts with a subsidized aircraft," Brownback said.
Brownback said he expected the Defense Department to put out its request for proposals for the tanker program in the next month or two.
Shelby is from Alabama, where a tanker based on a modified Airbus A-330 would be assembled if Northrop and EADS win the projected $35 billion contract.
Kirk's office declined to comment on last week's decision but acknowledged receiving Shelby's letter.

"The most important thing right now is that the WTO completes its work on this issue," USTR spokeswoman Debbie Mesloh said.
U.S. private sector sources said the WTO found many launch aid loans Airbus got from European governments were on non-commercial terms, making them a subsidy under WTO rules.
European Union private-sector sources put the ruling in a more favorable light and insisted it will not affect European government plans to provide billions in launch aid to support Airbus' latest project, the A350 wide-body jet. (Reporting by Doug Palmer; Editing by Xavier Briand)

US eyes $7.8 bln missile sale to Turkey

* Sale would bolster sole NATO ally bordering Iran
* Would mark return of Turkey as major U.S. arms buyer
* One of biggest proposed arms deals in years (Adds analysis, additional arms sales, background)
By Jim Wolf
WASHINGTON, Sept 11 (Reuters) - The Obama administration has notified Congress of a possible $7.8 billion sale of Patriot PAC-3 antimissile batteries and related gear to Turkey, the only NATO ally bordering Iran.
The sale would include 13 Patriot "fire units," 72 Patriot Advanced Capability-3 missiles and a range of associated hardware for ground-based air defense, the Pentagon's Defense Security Cooperation Agency said in a notice made public Friday.
It estimated the cost at $7.8 billion, which would be one of the biggest U.S. government-to-government arms sales in years and would mark a return of Turkey as a major U.S. arms buyer.
Turkey would use the PAC-3 guided missiles to boost its missile-defense capability, strengthen its homeland defense and deter regional threats, the defense agency said.
"Turkey is a partner of the United States in ensuring peace and stability in the region," it said. "It is vital to the U.S. national interest to assist our North Atlantic Treaty Organization ally in developing and maintaining a strong and ready self-defense capability that will contribute to an acceptable military balance in the area."
Secretary of State Hillary Clinton warned Iran's leaders on July 26 that if they were seeking nuclear weapons, "your pursuit is futile," days after she raised the possibility of a U.S.-built "defense umbrella" over the Middle East to counter Iranian clout.
In separate notices to Congress released Friday, the Obama administration announced a potential $220 million artillery rocket sale to Jordan and a possible $187 million sale of F-16 fighter-carried weapons to Morocco.
The primary contractors for the Turkish sale would be Raytheon Co (RTN.N) and Lockheed Martin Corp (LMT.N). The notice of a potential sale is required by law. It does not mean a sale has been concluded.
In the case of a NATO member such as Turkey, Congress has 15 days to block a proposed arms deal by passing a joint resolution of disapproval, though it never has stopped a sale once formally notified.
The proposed supply of the equipment to Turkey, along with U.S. logistical support, would not alter the basic military balance in the region, the notice to Congress said.
This would mark the first Turkish purchase of PAC-3 missiles, it said. It would reverse a Turkish trend away from U.S. arms purchases in recent years, said Soner Cagaptay, an expert on Turkey at the Washington Institute for Near East Policy, a nonpartisan research group.
Such a purchase would represent "a big consolidation of U.S.-Turkish military ties," he said.

The Patriot PAC-3 missile would provide Turkey some capability to defend against short-range Iranian SCUD missiles with a range of 500 kms to more than 800 kms, said Steven Hildreth, a missile-defense expert at the nonpartisan Congressional Research Service.
Iranian missiles are currently capable of reaching all of Turkey, Hildreth said.
Turkey's geostrategic importance for the United States depends partly on Incirlik Air Base, located near Adana in southeast Turkey. KC-135 refueling planes operating out of Incirlik have delivered more than 35 million gallons of fuel to U.S. warplanes on missions in Iraq and Afghanistan, the research service said in a report last year.
Carol Migdalovitz, an expert on the country at the research service, said the proposed sale showed Turkey was hedging its bets on improved ties with Iran.
"While it has improved (bilateral) trade and energy ties, Turkey remains wary of Iran's nuclear program," she said.
(Reporting by Jim Wolf, editing by Matthew Lewis, Bernard Orr)

Video: Erickson Air-Crane Helitankers Dampen Wildfires in Southern California and the Pacific Northwest

Erickson Air-Crane - September 11, 2009, PORTLAND, Ore., Sept. 11 /PRNewswire/ -- Four of Erickson's Helitankers are flying long hours battling the large "Station Fire" consuming homes and forcing thousands of evacuations. In previous weeks, they have already helped put out wildfires in Washington State, Oregon, Utah, Greece, and British Columbia and will soon be to Australia for the bushfire season that is soon approaching.
"Our helicopters do so many things, from heavy lifts atop tall buildings, power line construction and logging to fighting wildfire and emergency response," said Udo Rieder, President and CEO of Erickson Air-Crane. "But clearly our busiest time, where speed is of the essence and our dispatch crews work around the clock, is in response to the many wildfires that burn out of control in so many parts of the world. It is also the most harrowing flying for our pilots and crews and the most rewarding for all of the Erickson employees - knowing that we really do make a difference saving lives and property."
In California, where several wildfires have burned from the northern part of the state to Southern California, the Aircranes have been a critical part of the Forest Service arsenal. Four Aircranes are making sortie after sortie, dropping millions of gallons water and retardant on the fires and clearly making a difference. Erickson's Aircranes are stationed in Southern California and several other parts of the country under annual contracts with the U.S. Forest Service as well as the city and county of Los Angeles.
"Our helicopters will be there working in concert with the ground fight until the last embers are extinguished," said Rieder.
Erickson Air-Crane has seasonal firefighting contracts with the U.S. Forest Service, Los Angeles City, and Los Angeles County Fire Departments. Internationally, Erickson has contracted with Australia for yearly employment of five Aircrane Helitankers and with the government of Greece for the seasonal use of five Helitankers. Since development of the tank system in 1992, Erickson Air-Crane has sent Helitankers to battle wildfires in 11 countries including the United States and Canada.
To view the Multimedia News Release, go to: http://www.prnewswire.com/mnr/erickson/40008/
(Photo: http://www.newscom.com/cgi-bin/prnh/20090911/NY74196 )

DVI, USB and Audio With Infinite Possibilities?

New AdderLink INFINITY Challenges Traditional KVM Approaches
Adder Corporation - September 11, 2009,CAMBRIDGE, UK and AMSTERDAM, NETHERLANDS--(Marketwire - 09/11/09) - Adder, the KVM experts, will showcase the new AdderLink INFINITY at the International Broadcast Convention, IBC (Hall 7, Stand B33) on Sept. 11-15 in Amsterdam.
Marketwire - The AdderLink INFINITY delivers fluid interaction with computers as far away as your network can extend. ...
Imagine combining Adder's expertise in spatially lossless video extension, USB true emulation and crisp audio distribution with all the advantages of an infinitely configurable and scalable IP network. The result is a computer media distribution solution the power of which has not been seen before.
The new AdderLink INFINITY delivers to its users a uniquely flexible method of working with computers. AdderLink INFINITY allows you to pick and choose media elements (video, audio and USB) from computers located anywhere on your network and present them either to a single receiver, or broadcast them to as many receivers as you wish. You can then hand over control of USB devices to anyone else on the network at the touch of a button, and collaborate with the benefit of digital video clarity. Alternately, you can use the system to switch back and forth between computers located anywhere on your network.
The AdderLink INFINITY units come in two types, Transmitters (Tx) which connect to your computers, and Receivers (Rx) which connect to the screen, speakers and USB devices. "Absolute flexibility is the cornerstone of this new product," said Adrian Dickens - Managing Director of Adder. "You can deploy a simple point to point extension model, or you can apply AdderLink INFINITY to a sprawling enterprise scale network and deliver multicast audio & video to an endless number of receivers. Furthermore, you can use an endless number of transceivers to connect any user, any place to any computer any place while maintaining total digital fluidity."
Digital Fluidity describes the transparent way in which the product works. As a user, you can connect to any computer or channel (a mixture of video, audio and USB from different locations) using the inbuilt EPG (electronic program guide), much like a TV set top box. Once you have chosen a computer or channel to work with, the experience is indistinguishable from using a computer at your desk.
To manage your installation, Adder has also developed A.I.M. (AdderLink INFINITY Management system). Connected directly to your network, A.I.M. allows you to configure and control all the Tx and Rx units deployed, manage channels and apply user and group based access privileges in real time.
Potential applications for the AdderLink INFINITY are widespread from Broadcast, Post Production and Medical through to Banking, Defence, Research establishments or Command and control. Share control, take control, and collaborate with colleagues live on any channel. Relocate, secure and environmentally isolate computer hardware. Take absolute control of an installation from anywhere on the network using A.I.M.
AdderLink INFINITY is available worldwide through Adder's extensive sales channel. To find out more, contact Adder direct.
About Adder
Adder is a leading developer of KVM technology and extenders. Adder's advanced range of KVM switches, extenders and IP solutions enable the control of local, remote and global IT systems. The company distributes its products in more than 60 countries through a network of distributors, resellers and OEMs. Adder has offices in the United States, United Kingdom, Germany, the Netherlands, and Singapore. Visit http://www.adder.com.
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Contact:
PR Contacts

N. America

Michael Becce

MRB Public Relations

1-732-758-1100 x104

Email Contact

Heather Santos

Adder Corporation

Email Contact

EMEA

Jamie Shepperd

Adder Technology

Email Contact

Asia Pacific

CH Leong

Adder Asia

Email Contact

Company Profile for AeroMechanical Services Ltd.

AeroMechanical Services Ltd. On Friday September 11, 2009, --(BUSINESS WIRE)--AeroMechanical Services Ltd. is one of the world's leading providers of real-time data communications for the aerospace industry. AeroMechanical is based in Calgary, Alberta, Canada with a corporate office that houses 50+ people. The Company also has service locations in the United States, China and Switzerland. AeroMechanical proudly serves a global list of clients from over ten different countries.
AeroMechanical was founded in 1998 and has been publicly traded on the Toronto Venture Exchange (TSX.V: AMA) since March 2003. The Company’s solutions and services are primarily sold under the FLYHT brand name (www.flyht.com).
Company:
AeroMechanical Services Ltd.
Headquarters Address:
200W, 1144 - 29 Ave NE
Calgary, AB T2E 7P1
Canada
Main Telephone:
403-250-9956
Website:
www.amscanada.com
Ticker:
AMA(TSX VENTURE)
Type of Organization:
Public
Industry:
Aviation
Key Executives:
CEO: Bill Tempany
President: Richard Hayden
CFO: Thomas French
Investor Relations
Contact:
Bob Beaty
Phone:
1-888-221-0915
Email:
Info@howardgroupinc.com
Investor Relations
Contact:
Tom French
Phone:
403-250-9956
Email:
investors@amscanada.com
Investor Relations
Contact:
Bill Tempany
Phone:
403-250-9956
Email:
investors@amscanada.com

TALON Laser-Guided Rocket Team Completes First Guided Test Flights

YUMA PROVING GROUND, Ariz., Sept. 11, 2009 /PRNewswire/ -- Raytheon Company (NYSE: RTN - News) and Emirates Advanced Investments (EAI) completed the first guided test flights of the TALON Laser-Guided Rocket. The TALON LGR rounds hit a 1.5 meter (4.9 feet) square target during both tests, exceeding accuracy requirements at ranges of 3.7 km and 5 km (2.3 and 3.1 statute miles).
The TALON LGR is an affordable, semi-active laser guidance and control kit that connects directly to the front of 2.75 inch unguided rockets currently in U.S. and international inventories. The TALON LGR program is part of a cooperative development agreement with EAI of the United Arab Emirates.
"These tests validate our low-cost development approach for a reliable precision guidance kit for the 2.75 inch rocket and confirm we are on track to have a qualified product in production in 2010," said Dr. Taylor Lawrence, president of Raytheon Missile Systems. "TALON LGR fills a critical need for attack helicopters and other platforms by giving warfighters a precision weapon that provides pinpoint lethality and reduces collateral damage."
The success of the guided flight tests will lead to live firings from the AH-64D Apache Longbow helicopter.
"I am very excited to report that the TALON LGR program passed another key milestone event and is keeping track with our compact schedule and fielding plans for the helicopter programs," said Cory Mahanna, EAI senior advisor.
The TALON LGR is fully compatible with existing airborne and ground laser designators and requires no modifications to the rocket launcher. It fills the critical operational capability gap between unguided rockets and guided heavy anti-tank missiles.
"EAI and RMS are working together on this innovative program, combining the skills and assets of two countries to bring a world-class system to the United Arab Emirates armed forces and allies," said Hussain Al Hammadi, EAI's chief executive officer. "I am very pleased with the success this program is achieving."
The Raytheon-EAI cooperative development agreement includes a follow-on production proposal to manufacture TALON LGRs in both the U.S. and the United Arab Emirates beginning in 2010. TALON LGRs will be initially fielded with the United Arab Emirates Land Forces and launched from its AH64-D Longbow fleet.
EAI continues to be the region's leader in providing modernized defense capabilities to the United Arab Emirates.
Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.
Contact:
Heather Uberuaga
520.665.5594
uberuaga@raytheon.com

Aeolus Pharmaceuticals Submits White Paper to BARDA for Funding of AEOL 10150 as a Countermeasure to Lung Injury Due to Radiation Exposure

MISSION VIEJO, Calif.-September 11, 2009, -(BUSINESS WIRE)--Aeolus Pharmaceuticals, Inc. (OTCBB: AOLS - News) announced today that it has submitted a white paper to the Biomedical Advanced Research and Development Authority (BARDA) in response to Special Instructions Amendment 4 to a Broad Agency Announcement (BAA-BARDA-09-34) for advanced research and development of medical countermeasures for chemical, biological, radiological and nuclear threats. The purpose of the special instructions amendment is to specifically solicit solutions for treating cutaneous and/or pulmonary (life-threatening pneumonitis and fibrosis) injuries resulting from exposure to ionizing radiation. BARDA is interested in advanced development and eventual licensure/approval of medical countermeasures for cutaneous and/or pulmonary injuries resulting from an acute exposure to radiation from a radiological/nuclear accident or attack, particularly injuries associated with Acute Radiation Syndrome (ARS) or Delayed Effects of Acute Radiation Exposure (DEARE).
BARDA is seeking safe and effective medical countermeasures that mitigate, treat, affect, delay, or interrupt the progression of cutaneous and/or pulmonary injury caused by ionizing radiation. Aeolus is requesting funding to further develop AEOL 10150 for the treatment and prevention of such pulmonary injuries, including pneumonitis and fibrosis. In animal studies, AEOL 10150 has demonstrated an ability to protect lung tissue against fibrosis, reduce mortality and maintain normal body weights when administered between 2 hours to 24 hours after exposure. Ongoing studies will examine how far beyond the 24-hour window the compound can be administered and still be effective. AEOL 10150 is also being tested by the National Institutes for Health, National Institute for Allergies and Immunological Disorders, Medical Countermeasures Against Radiological Threats (NIH/NIAID/MCART) as a countermeasure against radiation exposure of the Gastro-intestinal system (ARS-GI).
“We look forward to BARDA's decision regarding our white paper for the advanced development of AEOL 10150. Our compound has demonstrated safety in phase 1 human studies and efficacy in animal studies when administered after radiation exposure, and this potential funding could allow us to complete the development of the compound and file an NDA for approval by the FDA,” stated John L. McManus, President & Chief Executive Officer of Aeolus Pharmaceuticals, Inc.
About AEOL 10150
AEOL 10150 is a small molecule that catalytically consumes reactive oxygen and nitrogen species (free radicals). The compound is a manganoporphyrin that contains a positively-charged manganese metal ion that is able to accept and give electrons to and from reactive oxygen species (“ROS”) and reactive nitrogen species (“RNS”). Research has shown that ROS and RNS have important cell signaling roles, and through its interaction with RNS and ROS, AEOL 10150 appears to have multiple mechanisms of action including anti-oxidant, anti-inflammatory and anti-angiogenic activities. In animal studies AEOL 10150 has demonstrated reductions in the markers for tissue hypoxia, angiogenesis, inflammation and oxidative stress. Specifically, AEOL 10150 is able to down-regulate oxidative stress and severe inflammation, which is responsible for much of the tissue destruction that occurs as a result of radiation exposure.
AEOL 10150 offers several unique advantages as a countermeasure for the treatment of ARS, mustard gas and chlorine gas for civilian and military populations. These include:
-- Flexible Treatment Paradigm – AEOL 10150 is intended for the treatment of patients post-exposure, even in those who are already exhibiting symptoms, eliminating the need for immediate administration in a predefined treatment window. This approach has the added benefit of not requiring biodosimetry (a means of laboratory analysis of the blood to determine the level of radiation exposure).
-- Advanced Development Stage – AEOL 10150 has demonstrated safety in two human clinical trials, and has an extensive pre-clinical safety and toxicology package completed. The product also has an established stability profile that permits long-term storage.
-- Large scale manufacturing – Aeolus has contract capacity with a large manufacturing site to mass produce large quantities of AEOL 10150 under GMP conditions.
-- Multiple Applications – AEOL 10150 has demonstrated protective effects against radiation and mustard gas exposure, and within these indications has shown the ability to treat multiple organ systems.
-- Commercial Application – Additionally, AEOL 10150 is being developed for use as an adjunct to cancer radiation therapy, and animal data suggest that the compound protects healthy normal cells from the effects of radiation without compromising the efficacy of the radiation in killing tumor cells.
Potential for AEOL 10150 as a Countermeasure Against Multiple Terrorist Threats
AEOL 10150 has shown significant protective effects against radiation and mustard gas in animal models. Additionally, based on its mechanism, it is believed that the compound may potentially protect against exposure to chlorine gas. Studies will shortly be initiated to further explore AEOL 10150’s ability to protect the skin and lungs from damage due to exposure to mustard gas, and to protect the lungs from exposure to chlorine gas. A compound with the potential to protect against multiple threats would be of significant benefit in both the military and civilian efforts to protect citizens against potential threats. The FDA has a special “Animal Rule” under which compounds may be approved for use against chemical and nuclear threats on the strength of animal efficacy studies, which allows the potential for an accelerated approval path versus conventional pharmaceutical applications.
About Aeolus Pharmaceuticals
Aeolus is developing a variety of therapeutic agents based on its proprietary small molecule catalytic antioxidants, with AEOL 10150 being the first to enter human clinical evaluation. AEOL 10150 is a patented, small molecule catalytic antioxidant that mimics and thereby amplifies the body’s natural enzymatic systems for eliminating reactive oxygen species, or free radicals. Studies funded by the National Institutes for Health are currently underway evaluating AEOL 10150 as a treatment for exposure to mustard gas and will shortly be initiated to evaluate the compound as a treatment for exposure to chlorine gas. Additionally, the Company has initiated animal studies necessary to seek approval of the compound as a treatment to protect the lungs from exposure to radiation.
The statements in this press release that are not purely statements of historical fact are forward-looking statements. Such statements include, but are not limited to, those relating to Aeolus’ product candidates, as well as its proprietary technologies and research programs. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Aeolus’ actual results to be materially different from historical results or from any results expressed or implied by such forward-looking statements. Important factors that could cause results to differ include risks associated with uncertainties of progress and timing of clinical trials, scientific research and product development activities, difficulties or delays in development, testing, obtaining regulatory approval, the need to obtain funding for pre-clinical and clinical trials and operations, the scope and validity of intellectual property protection for Aeolus’ product candidates, proprietary technologies and their uses, and competition from other biopharmaceutical companies. Certain of these factors and others are more fully described in Aeolus’ filings with the Securities and Exchange Commission, including, but not limited to, Aeolus’ Annual Report on Form 10-K for the year ended September 30, 2008. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.
Contact:
Aeolus Pharmaceuticals, Inc.
John L. McManus
President and Chief Executive Officer
1-949-481-9825

Praxair CEO to Address Credit Suisse Conference

DANBURY, Conn.--(BUSINESS WIRE)--Stephen F. Angel, chairman, president and chief executive officer of Praxair, Inc. (NYSE: PX - News), will address the Credit Suisse Chemical and Ag Science Conference in New York, NY on Thursday, September 17 at 10:00 a.m. ET.
Angel will discuss Praxair’s growth strategies and business outlook.
An audio webcast and presentation will be available on Praxair’s web site at www.praxair.com/investors. A replay will also be available after the presentation.
Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2008 sales of $10.8 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies bring productivity and environmental benefits to a diverse group of industries, including aerospace, chemicals, electronics, energy, food and beverage, healthcare, manufacturing, metals and others. More information on Praxair is available on the Internet at www.praxair.com.
Contact:
Praxair, Inc.Media:
Susan Szita Gore,
203-837-2311
susan_szita-gore@praxair.com
or
Investors:
Elizabeth Hirsch,
203-837-2354
liz_hirsch@praxair.com

Aerospace, Defense and Government Group Publishes White Paper On Homeland Security Market

Borderline Insecurity Disorder: A Psychoanalysis of Growth Opportunities in Border Security Markets
IRVINE, Calif., Sept. 11, 2009 (GLOBE NEWSWIRE) -- C. K. Cooper & Company, an independent, full-service investment bank, headquartered in Irvine, Calif., announced today that the Aerospace, Defense and Government Markets Group has published a white paper on the Homeland Security Market entitled Borderline Insecurity Disorder: A Psychoanalysis of Growth Opportunities in Border Security Markets. The C. K. Cooper & Company white paper on the Homeland Security Market is available to review by visiting the C. K. Cooper & Company website at http://www.ckcooper.com/AD&G/whitepaper.pdf.
C. K. Cooper & Company provides a wide range of services including institutional sales and trading, private wealth management, market making and a full suite of investment banking services. The Company's Aerospace, Defense and Government Markets Group exists to provide a broader set of transaction capabilities to publicly traded companies, private business owners and equity interests in the AD&G sector including capital formation, strategic advisory services and transaction execution.
About C. K. Cooper & Company
C. K. Cooper & Company is a full-service investment bank headquartered in Irvine, California. The Company is focused on providing superior and insightful research coverage to its clients; innovative investment banking solutions supported by sales and trading services; and portfolio advisory and management services for private clients. Though C. K. Cooper & Company has been noted for a variety of measures of accomplishment, we chart our success by only one metric: The growth of our clients. For more about C. K. Cooper & Company, visit www.ckcooper.com.
The C. K. Cooper & Company logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5711
The information contained herein is not a complete analysis of every material fact respecting any company, industry or security. Although opinions and estimates expressed herein reflect the current judgment of C. K. Cooper & Company, the information upon which such opinions and estimates are based is not necessarily updated on a regular basis; when it is, the date of the change in estimate will be noted. In addition, opinions and estimates are subject to change without notice. This report contains forward-looking statements, which involve risks and uncertainties. Actual results may differ significantly from the results described in the forward-looking statements. Factors that might cause such a difference include, but are not limited to, those discussed in "Investment Risks." C. K. Cooper & Company from time to time perform corporate finance or other services for some companies described herein and may occasionally possess material, nonpublic information regarding such companies. This information is not used in the preparation of the opinions and estimates herein. While the information contained in this Report and the opinions contained herein are based on sources believed to be reliable, C. K. Cooper & Company has not independently verified the facts, assumptions and estimates contained in this Report. Accordingly, no representation or warranty, expressed or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information and opinions contained in this Report. C. K. Cooper & Company, its managing directors, its affiliates, and/or its employees may have an interest in the securities of the issue(s) described and may make purchases or sales while this report is in circulation.
Contact:
C. K. Cooper & Company
(949) 477-9300
Facsimile: (949) 477-9211
administration@ckcooper.com
18300 Von Karman Avenue,
Suite 700Irvine, California 92612
North Shore Public Relations, Inc.
Media Contact:
Renae Placinski
(847) 945-4505
Facsimile: (847) 945-3755
renae@northshorepr.com
www.northshorepr.com

Raytheon Company and the New England Patriots Honored as Boston Business Journal Corporate Citizenship Partners of the Year

Raytheon and Patriots recognized for creation of "Science of Sports" program for members of local Boys & Girls Clubs
WALTHAM, Mass., Sept. 11, 2009 /PRNewswire/ -- Raytheon Company (NYSE: RTN - News) and the New England Patriots have been honored as Boston Business Journal corporate citizenship partners of the year.
Recognized for this year's "Science of Sports" program, Raytheon and the Patriots partnered as presenting sponsors of the program designed for members of Boys & Girls Clubs throughout Massachusetts. The "Science of Sports" is one highlight of Raytheon's MathMovesU program, which is committed to increasing U.S. students' interest in math and science by engaging them with activities they enjoy most, such as sports, fashion and music.
"The 'Science of Sports' is a unique partnership between Raytheon and the Patriots that exemplifies how to instill passion for science and math among middle school students," said William H. Swanson, Chairman and CEO of Raytheon. "Through the dedicated efforts of our employee volunteers and the Patriots, members of local Boys & Girls Clubs gained self-confidence through extracurricular achievement that they will carry with them for the rest of their lives."
As part of the initiative, Raytheon employees served as mentors for more than 50 student members of Boys & Girls Clubs from Woburn, Lawrence, Waltham, Roxbury and Dorchester (Blue Hill Avenue). For six months, the Raytheon volunteers met with the children bi-weekly as they developed innovative and fun science projects related to sports.
"Working with the Boys & Girls Clubs offers an opportunity for Raytheon and the Patriots to reach a diverse group of young students with the message that math and science are important and can be fun," said Robert Kraft, Chairman and CEO of the New England Patriots. "The first year of 'Science of Sports' was a tremendous success. We look forward to expanding the program to reach even more young people across the Commonwealth."
Serving as the final culmination of the program, the "Science of Sports" Science Fair was held in April at Gillette Stadium. The "Gearheads" from the Lawrence Boys and Girls Club was the winning team and used the scientific method to study how gear ratios affect bicycle riding. Each of the seven children from the Lawrence team received a $1,000 scholarship that can be applied to college study or a math or science campership.
Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.
Contacts:
Jennifer K. Chan
Raytheon
781.879.2030
jennifer_k_chan@raytheon.com
Tim Inthirakoth
InkHouse (for Raytheon)
781.916.9090 ext. 805
tim@inkhousepr.com

US Air Force Reserve Awards DecisionPoint Follow on Order Increasing Ongoing Inventory Tracking Program to $5.4 Million

FOOTHILL RANCH, CA--(Marketwire - 09/11/09) - DecisionPoint Systems, Inc. (OTC.BB:DNPI - News) today announced that the United States Air Force has issued a supplemental order for $623,000 for additional BITS (Barcode Inventory Tracking System) Kits bringing the value of the ongoing program for tracking "Go To War" equipment support units to $5.4 million.
Nicholas Toms, DecisionPoint Chief Executive Officer, stated, "We are honored that DecisionPoint Systems was selected for this project and continues to be a key supplier to the US Air Force Reserve. Our extensive experience in automating data collection for warehouse and asset management systems makes us an ideal partner to help Air Force personnel manage inventory. With the implementation of the BITS program, all of the equipment has a barcode, which makes replacing items much more efficient and will save the government money. The idea behind the program is that no deployed, overseas or homeland unit will be without mission critical equipment."
The BITS kits, which were custom designed and built using DecisionPoint's proprietary products, include software and services that leverage current mobile computing technologies. The system reduces inventory costs and shortages and enables Air Force personnel to automatically maintain highly accurate "Go To War" support units.
About DecisionPoint Systems
DecisionPoint Systems, Inc. (OTC.BB:DNPI - News) delivers improved productivity and operational advantages to its clients by helping them move their business decision points closer to their customers. They do this by making enterprise software applications accessible to the front-line worker anytime, anywhere. DecisionPoint utilizes all the latest wireless, mobility, and RFID technologies. For more information on DecisionPoint Systems visit http://www.decisionpt.com/news.php.
Under The Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results, performance and achievement in the future to differ materially from forecasted results, performance, and achievement. These risks and uncertainties are described in the Company's periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectation.
Contact:
Contact:
Laurel Moody
Corporate Profile, LLC
Tel: 646-810-0608

The Evermedia Group Acquires Majority Stake in System Technology Solutions

NEW YORK, NY--(Marketwire - 09/11/09) - Evermedia Group, Inc. (Pinksheets:EVRM - News) is pleased to announce that it has completed an agreement to acquire a majority interest in the San Antonio, TX based defense contractor, System Technology Solutions, Inc. (STS). Currently, the Evermedia Group owns 80% of STS through its parent company and will now control two operating subsidiaries. The deal was financed primarily with common stock, requiring Evermedia to increase its authorized shares to finance the purchase. The companies will consolidate certain aspects of their businesses such as contract management, administrative functions and financial reporting while operations and division management will remain independent. Richard Weitzel will be named the new Chief Executive Officer of STS Evermedia Corporation, the parent of STS, and will also be a director at the Evermedia Group. The "change of command" will take place on or about 1 OCT 2009.
Regarding the acquisition, CEO of Evermedia Jonathan Sym stated: "This increased ownership of STS is a milestone event for us. This is the most significant event in our company's young history as it will allow us to participate in the revenues of a terrific company. With STS as a subsidiary and some recent agreements we have yet to announce, we look forward to posting strong third quarter financials. Furthermore, we structured this acquisition so Evermedia will now become a Service Disabled Veteran Owned Small Business. This will create tremendous contracting and financial opportunities for us going forward."
In order for a company to be designated a service disabled company, a minimum of 51% of the outstanding shares must be directly owned by veterans with a service related disability. Given this mandate, Evermedia increased its authorized to meet this requirement as well as to allow enough shares for future, targeted acquisitions. Accordingly, Evermedia believes that they are the only iris biometric and defense contracting company to have this designation.
Weitzel commented, "This is a very exciting time for us all. We have been winning some terrific contracts as well as forming teaming agreements with some of the best and largest defense contractors in the world. Now having exclusive access to biometric technologies through Evermedia, we have a distinct advantage over our competitors as demand for biometric security applications continue to grow within the DoD. This partnership with Evermedia is outstanding and we look forward to growing this family of companies together."
About Evermedia
Based in New York, NY Evermedia develops biometric-based identification management and authentication solutions using proprietary, patent-protected iris recognition technology. Evermedia is involved in the development of biometric-based authentication and verification systems to protect personal identity. The company's proprietary technology is patented in the United States, China and South Korea. The Evermedia Group is also the largest shareholder in STS Evermedia, the parent of System Technology Solutions, Inc.
About System Technology Solutions
Based in San Antonio, TX, STS is a defense contractor providing engineering, logistics, IT and security services to government and large commercial enterprises. STS also provides technical design, program management and security services globally.
Safe Harbor Statement
Certain Statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performances or achievements express or implied by such forward-looking statements. The forward-looking statements are subject to risks and uncertainties including, without limitation, changes in levels of competition, possible loss of customers, and the company's ability to attract and retain key personnel.
Contact:
CONTACT:
The Evermedia Group, Inc.
Jonathan Sym
info@evermediabiometrics.com

First Lady Michelle Obama and Dr. Jill Biden Ask Americans To Support Military Families In New Public Service Announcement

PSA Developed With Support From Major League Baseball and its Welcome Back Veterans Program Part of A New Volunteer Initiative Called "I Participate" Led By The Entertainment Industry Foundation
LOS ANGELES, Sept. 11 /PRNewswire/ -- First Lady Michelle Obama and Dr. Jill Biden appear in a new Entertainment Industry Foundation (EIF) public service announcement that praises the contributions of military servicemen and women while asking Americans to assist veterans and military families who need help. The PSA is scheduled to premiere in Major League Baseball stadiums across the country today as part of its Welcome Back Veterans initiative, and will air on major broadcast networks starting this fall.
(Photo: http://www.newscom.com/cgi-bin/prnh/20090911/NY74158 )
The PSA featuring the First Lady and Dr. Biden is the first in a series created by EIF as part of its newly launched "I Participate" initiative designed to inspire a new era of volunteerism and community work in America. As a centerpiece of this multiyear campaign, the major broadcast networks -- ABC, CBS, FOX and NBC -- and others will include the theme of service in programming in more than 60 shows for the full week of October 19 -25.
"I've made it a personal priority to ask all Americans to join me in the cause of supporting our military families," said Mrs. Obama. "We must all remember that when our troops are deployed, their families are left behind with a completely different set of duties. Let us make a pledge to honor their service and their sacrifice by doing more to serve them in our own communities. Whether it's just being a good neighbor or it's volunteering at a local organization that supports military families, please join us in taking the time to honor those who sacrifice for all of us."
"As the mother of a National Guardsman who is serving in Iraq, this is personal," said Dr. Biden. "I share the concerns, the anxieties, and the pride that come with being a member of a military family, and I have also seen first-hand what a difference it makes when people reach out to show support, whether in school, in the neighborhood, or in the workplace. Each of us has the power to make a difference in the life of a service member or his or her family."
In April, President Obama signed the bi-partisan Edward M. Kennedy Serve America Act which recognizes September 11 as a National Day of Service and Remembrance and reauthorizes the Corporation for National and Community Service (CNCS), the Federal agency that oversees the Administration's call to service. The bill also represents the largest expansion of federal support for service in history, bringing critical new resources to national service programs, volunteer management efforts and social innovation.
Each of EIF's PSAs will highlight one of five key areas where volunteers are needed most: support for military families; wellness; community health; financial security; and environmental conservation; all were directed by Jesse Dylan. The PSAs include information about http://www.iparticipate.org/ which is designed to make it easy for people to search for volunteer opportunities in their communities and discover new ways to give back. The website features include calendars of events, maps, digital tool kits and uses the power of social networking vehicles like Facebook, making it easy for people to join the movement and recruit friends. Information about the programs can also be found at welcomebackveterans.org and serve.gov.
"With the collective impact of the parties involved in I Participate, we are confident this important initiative will make a significant impact," said Baseball Commissioner Allan H. (Bud) Selig. "Welcome Back Veterans has been an important program for Major League Baseball over the past two seasons and, by becoming a major part of I Participate, we expect the program to significantly address the post traumatic stress needs of veterans and their families."
The number of Americans who volunteer regularly has not increased in 40 years and has generally remained around 26%, according to an annual survey conducted by the U.S. Bureau of Labor Statistics. While volunteerism usually declines during periods of economic distress, volunteerism is currently on the rise in America, particularly among young people, according to the CNCS.
"As an industry of storytellers who shape popular culture through film, television and music, we have a unique opportunity to bring service to the fore of American consciousness," said Lisa Paulsen, President and CEO of EIF. "We are so honored to have Mrs. Obama and Dr. Biden appear in this important PSA about how we can assist our military men and women and their families."
About CNCS and Serve.gov
The Corporation for National and Community Service is a federal agency that improves lives, strengthens communities, and fosters civic engagement through service and volunteering. Each year, the Corporation engages four million Americans of all ages and backgrounds in service through its Senior Corps, AmeriCorps and Learn and Serve America programs. Serve.gov is managed by the Corporation for National and Community Service and is an online resource for finding volunteer opportunities and creating new ones in communities around the country.
About Major League Baseball / Welcome Back Veterans
Launched by Major League Baseball and envisioned by New York Mets Chairman and Chief Executive Officer Fred Wilpon, Welcome Back Veterans was designed to support veterans returning from Iraq and Afghanistan and their families with mental health treatment and job opportunities. Major League Baseball, in partnership with the McCormick Foundation, has raised money through auctions on MLB.com, sales of special stars and stripes logoed caps that have been worn by all 30 clubs, and other fund raising activities. Welcome Back Veterans has awarded $5.8 million in grants to 24 non-profit agencies providing service and assistance to returning veterans. Visit www.welcomebackveterans.org.
About the Entertainment Industry Foundation
The Entertainment Industry Foundation, a 501(c)(3) organization, is the leading charitable organization of entertainment industry, and has distributed hundreds of millions of dollars to support programs addressing critical health, education and social issues. Visit www.eifoundation.org.