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Richmond, VA, February 6, 2009 - BioSecurity Technologies, Inc. (“BSTI”) announced today that it has retained a UK Corporate Advisor and other outside professionals to provide services required for applying for its listing on the PLUS Markets exchange in London.
Further to the Company’s announcement last September, BSTI plans to enter into a transaction with Devonhill Technology Partners Plc (“DTPP”), a London based company. It is intended that DTPP will become the publicly traded company. BSTI is very fortunate that the partners of Equity Plus Partners Ltd., the previously mentioned merger candidate, will be on the management team and the Board of Directors of DTPP. As a result of the delay caused by the global financial situation, Equity Plus Partners Ltd. decided to follow a different corporate strategy. However, the planned focus of DTPP will remain the same as previously announced in September.
The new company’s management will concentrate on both information technology and communications based companies, primarily identifying under-valued assets and companies, both in the private and public sectors. DTPP plans to leverage management experience with its current IP portfolio and look to expand its IP inventory, commercialize existing properties and to invest in and/or acquire technology based companies, initially targeting the UK and EU markets. Additionally, the new company intends to further develop commercialization efforts in the U.S.
In the near future, shareholders will receive more information about the planned transaction and the required exchange of their current BSTI stock certificates for new DTPP stock certificates.
BSTI’s management greatly appreciates the continued support and patience of its shareholders as we go through the required and intensive process of preparing for the next stage of development.
About BioSecurity Technologies, Inc.
BioSecurity Technologies, Inc., a privately held corporation was formed to acquire intellectual properties for the purpose of developing their commercial potential through licensure and sale. The Company’s focus areas include Homeland Security, national defense and unique technology applications. BSTI is located at the Virginia Biotechnology Research Park, Medical College of Virginia Campus. For more information, visit the company’s corporate web-site at www.biosectech.com.
Forward Looking Statements
Statements contained in this news release that are not historical facts are forward-looking statements that involve risks and uncertainties. Actual results may differ materially from any forward looking statements due to risks and uncertainties which include, but are not limited to, no operating history and no earnings, reliance on the Company’s management team, the ability to successfully implement the Company’s business plan, the ability to fund the Company’s business strategy, competition, and general economic conditions.
Contact:
Richard Iamunno
BioSecurity Technologies, Inc.
800 East Leigh Street
Richmond, VA 23219
804-343-1047 Ext: 8
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Richmond, VA., January 7, 2008 – BioSecurity Technologies, Inc.
announced that it has signed an agreement with Pegasus Helicopter Inc.
(“Pegasus”) to support the development of their helicopter technology. Pegasus
is located in Queen Creek, Arizona.
Pegasus is an aviation design and development company with a unique and novel
helicopter concept using pressure jet technology. The Pegasus air pressure jet,
or PH200 PJ, is fundamentally different from the conventional helicopters
existing in the worldwide helicopter market. The Pegasus technology utilizes a
lightweight turbine engine and compressed air to produce rotor blade rotation,
eliminating the need for mechanical drive trains and a tail rotor. The potential
advantages of the Pegasus helicopter technology include increased safety, less
moving parts, increased stability, easier operation, less maintenance, increased
flight capabilities, and noise reduction.
Anticipated markets include civil, law enforcement, military, safety and
security, emergency and medical, surveillance, recon and assault, border patrol
and medical evacuation. For more information about the Company, visit the
Pegasus web site at www.pegasusheli.com.
BioSecurity Technologies, Inc. will provide investment capital and in addition
work with Pegasus management to develop their strategic intellectual property
plan.
About BioSecurity Technologies, Inc.
BioSecurity Technologies, Inc., a privately held corporation, was formed to
acquire intellectual properties for the purpose of developing their commercial
potential through licensure and sale. The Company’s focus areas include Homeland
Security, national defense and unique technology applications. BSTI is located
at the Virginia Biotechnology Research Park, Medical College of Virginia Campus.
For more information, visit the company’s corporate web site at
www.biosectech.com.
Forward Looking Statements
Statements contained in this news release that are not historical facts are
forward-looking statements that involve risks and uncertainties. Actual results
may differ materially from any forward looking statements due to risks and
uncertainties which include, but are not limited to, no operating history and no
earnings, reliance on the Company’s management team, the ability to successfully
implement the Company’s business plan, the ability to fund the Company’s
business strategy, competition, and general economic conditions.
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Richmond, VA., November 12, 2007 – BioSecurity Technologies, Inc. (“BSTI”) announced the progress and status of its selected Intellectual Property projects. The Company is pleased with its progress and continues to move forward with the refinement of technologies and the development of prototypes, moving toward commercialization.
The technology focus of the Company has been enhanced beyond the initial concentration areas of homeland security and national defense to include medical and biotechnology applications. Management believes that this broadened scope will provide further opportunities to commercialize the technologies and will spread economic risk while improving the chance for success.
The Company is in various stages of development of its Intellectual Property portfolio, which includes the following technologies:
Headset Project. Designated the “UltraAlert”, a prototype of an acoustic warning device has been completed and separate manuals are being prepared for each of the three applications, which are military, food service industry, and hospital intensive care units. All intellectual property rights have been applied for by the company. The next step will be to present the prototype and manuals to various client prospects. The prototype has been designed by Montalbano Innovation and Development, Inc., a consulting firm that specializes in strategic creative product development. This technology is related to our work with the Northrop Grumman Grant. A prototype is in late stage testing, which has produced excellent results, with a major foodservice company.
Hearing Protection Device. Designated the “PumpPlug”, a prototype of a device to provide maximum protection from high noise has been designed and manufactured. The applications include the military, NASCAR, OSHA, and people with hearing loss. A patent application has been submitted to insure the novelty of design. Additional prototypes are being presented to potential strategic partners for manufacturing and distribution review.
Strobe Flashlight. Designated the “Pulsar”, we have achieved significant progress in its development; an initial prototype has been developed and beta tested by a selected law enforcement agency. In prototype testing the main effect was that pulsing at the alpha brain rhythm seemed to disorient a person of interest. Additionally, although not tested, is the possibility that subsequent pulsing at lower rates may induce calming effects. We are producing additional units for evaluation and testing by other enforcement agencies. There is the potential for additional applications for such a product for use by the military. We have applied for patent protection of our technology.
Antimicrobial System. Designated the “AcousticScrubber” project, is still in development. We have contracted with the Virginia Institute of Marine Science at the College of William and Mary to evaluate the use of ultra-sonic treatment for destroying bacteria. We are preparing to begin the evaluation and verification process. The use of an electronic device to destroy bacteria has vital application in the food industry.
About BioSecurity Technologies, Inc.
BioSecurity Technologies, Inc., a privately held corporation, was formed to acquire intellectual properties for the purpose of developing their commercial potential through licensure and sale. The Company’s focus areas include Homeland Security, national defense and unique technology applications. BSTI is located at the Virginia Biotechnology Research Park, Medical College of Virginia Campus. For more information, visit the company’s corporate web site at
www.biosectech.com.
Forward Looking Statements
Statements contained in this news release that are not historical facts are forward-looking statements that involve risks and uncertainties. Actual results may differ materially from any forward looking statements due to risks and uncertainties which include, but are not limited to, no operating history and no earnings, reliance on the Company’s management team, the ability to successfully implement the Company’s business plan, the ability to fund the Company’s business strategy, competition, and general economic conditions.
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RICHMOND, VA., May 8, 2007 – BioSecurity
Technologies, Inc. (“BSTI”) announced the funding of a Virginia
Commonwealth University/ Northrop Grumman research grant as a means of advancing
the company’s proprietary technology and encouraging university –
defense firm cooperation. . The research will be the first in the field
of audible ultrasonic alarms for Naval operations. The objective is to improve
communications in very high noise jet aircraft operations and orientation
under adverse visual conditions such as dense fog and smoke. The company
is working on technology to improve our country’s readiness in a time
of war. Dr. Martin L. Lenhardt, Executive Vice President of BSTI, submitted
the grant, which is based on his radio wave alerting systems development
research. Dr. Lenhardt stated that” this cutting edge sensor technology
has dual use, that is, both military and civilian. One immediate application
is the deployment of this technology in Intensive Care Units world wide.
The alarm is silent to the patient and covertly alerts only the needed
caregivers, eliminating the chaos that exists with numerous acoustic alarms”.
The research work will be carried out at the Virginia Advanced Shipbuilding
and Carrier Integration Center (a city, state, industry cooperative) managed
by the largest US defense contractor, Northrop Grumman Newport News Inc.
The grant will run from May 15th through December 31. 2008. BSTI has a
patent pending on this technology and will retain all Intellectual Property
rights to additional technology developed from this sponsored research.
About Virginia Advanced Shipbuilding and Carrier Integration Center ("VASCIC")
VASCIC was established by the state of Virginia in 1998 for the purpose of enhancing and promoting the state’s shipbuilding industry and is managed by Northrop Grumman Newport News. VASCIC provides a state-of-the-art R&D integration facility, which supports Naval initiatives including Capabilities and Technology Transfer. The Center transitions technology across multiple platforms and builds infrastructure and relationships for a long term world class collaborative center. Electronic system suppliers, U. S. Navy laboratories, and program representatives, and Virginia institutions of higher learning are developing new technologies for aircraft carriers and advanced shipbuilding. www.vascic.com
About BioSecurity Technologies, Inc.
BioSecurity Technologies, Inc., a privately held corporation, was formed
to acquire intellectual properties for the purpose of developing their
commercial potential through licensure and sale. The Company’s focus
areas include Homeland Security, national defense and unique technology
applications. BSTI is located at the Virginia Biotechnology Research Park,
Medical College of Virginia Campus. For more information, visit the company’s
corporate web site at www.biosectech.com.
Forward Looking Statements
Statements contained in this news release that are not historical facts
are forward-looking statements that involve risks and uncertainties. Actual
results may differ materially from any forward looking statements due
to risks and uncertainties which include, but are not limited to, no operating
history and no earnings, reliance on the Company’s management team,
the ability to successfully implement the Company’s business plan,
the ability to fund the Company’s business strategy, competition,
and general economic conditions.
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RICHMOND, VA., May 7, 2007 – BioSecurity
Technologies, Inc. (“BSTI”) announced today that it has retained
the prominent law firm of Hunton & Williams as its counsel for intellectual
property matters. Robert Guinta President of BioSecurity Technologies stated,
“Having Hunton & Williams to advise us on all Intellectual Property
transfer matters is an absolute advantage. They are well experienced in
all aspects of technology transfers from scientific and academic research
institutions to industry, and will provide the legal expertise to insure
that our intellectual property interests are properly protected. Their counsel
will ensure BSTI realizes the maximum competitive advantages from the development
of its intellectual property assets.” The
Intellectual Property Practice Group of Hunton & Williams helps clients
create, protect, defend and avoid infringing patents, trade secrets, copyrights
and trademarks. Included in this Group is the Patent Practice Group which
provides legal services in all aspects of patent law and technology transfer,
for a broad range of technical disciplines.
About Hunton & Williams
Hunton & Williams is a global law firm headquartered
in Richmond, Virginia, convenient to BSTI’s location. The firm was
founded in 1901 and has 975 attorneys in 19 offices worldwide. The firm’s
patent attorneys are very experienced with technology transfer on both
the research institution and commercial perspectives. Their patent attorneys
are all technically trained and well versed in the technology of their
clients.
www.hunton.com
About BioSecurity Technologies, Inc.
BioSecurity Technologies, Inc., a privately held corporation,
was formed to acquire intellectual properties for the purpose of developing
their commercial potential through licensure and sale. The Company’s
focus areas include Homeland Security, national defense and unique technology
applications. BSTI is located at the Virginia Biotechnology Research Park,
Medical College of Virginia Campus. For more information, visit the company’s
corporate web site at www.biosectech.com.
Forward Looking Statements
Statements contained in this news release that are not
historical facts are forward-looking statements that involve risks and
uncertainties. Actual results may differ materially from any forward looking
statements due to risks and uncertainties which include, but are not limited
to, no operating history and no earnings, reliance on the Company’s
management team, the ability to successfully implement the Company’s
business plan, the ability to fund the Company’s business strategy,
competition, and general economic conditions.
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BioSecurity Technologies, Inc. in conjunction
with Northrop Grumman Newport News is developing similar technology for
the US Navy with an emphasis on advanced aircraft carrier design, operation
and safety. BioSecurity Technologies has applied patented technology, developed
at Virginia Commonwealth University, based on audible ultrasound to improve
communication in very high jet noise operations and orientation under adverse
visual conditions as dense fog and smoke. This technology was published
in Science, the leading journal for advances in science. |
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NATICK, Mass. - Tomorrow's warfighters are here today, years earlier than initially
anticipated. The U.S. Army's Future Force Warrior (FFW) program, under
the umbrella of the organization's Future Combat Systems (FCS) project,
received a significant boost from an advanced technology demonstration
last month.
The team at the Natick Soldier Center in Natick, Mass.-in
conjunction with industry vendors working on the future warrior technologies-demonstrated
innovations that are integral to the success of the FFW program at the
Army's Command, Control, Communications, Computers, Intelligence, Surveillance,
and Reconnaissance On the Move (C4ISR OTM) technological test bed.
"C4ISR OTM is a huge army experiment at which there
will be hundreds of soldiers," says Dutch DeGay, equipment specialist
with the FFW technology program office at the Natick Soldier Center. "It
enables soldiers in the Army to touch, taste, and feel the new equipment,
technologies, and capabilities, and tell us what works and what doesn't
work."
Those working on the FFW program at Natick Soldier Center
delivered electronic innovations designed to infuse the soldier with a
definitive edge over enemy forces, for demonstration and field testing
at C4ISR OTM.
Among these many new electronic devices was EI2, a next-generation
device that fuses high-band infrared night vision and low-band infrared
thermal technologies. The single drop-down piece of eyewear provides a
thermal picture and an infrared picture.
"Infrared is purely light-gathering, so at 3 o'clock
in the morning with 5 percent illumination, that optic gathers what little
light there is to form a picture," DeGay says. "If the enemy
were to use smoke, for example, I would only be able to see the smoke
very well at 3 a.m. The thermal imager enables me to see hot targets on
the other side of a visual impairment such as smoke. If I walk into a
wooded environment in the middle of the day, and I can't pick out targets
with the naked eye, I can use my thermal device to identify targets that
are hot physically. It gives the soldier a capability that, until recently,
we only had on vehicles. It is a much better way for the soldier to identify
and engage targets."
The FFW's communications system involves several electronic
components, including a bone-conduction sensor that sits against the head
and connects to the interior ring of the helmet. The new sensor makes
the cranial cavity a transceiver for sound. With bone conduction, which
the Natick Soldier Center leveraged from the Air Force, the sensor stimulates
a tympanum membrane in the skull, enabling soldiers to hear communications
literally in their heads without any outside noise.
"Traditional speakers or microphones take away organic
sensors by plugging a soldier's ear or putting something in front of his
or her face," DeGay mentions. "We jokingly refer to the helmet
as the command-and-control platform. It gives me the ability to identify
targets in day and night, and it allows me to communicate inside my voice
network to delegate authority or to identify and push targets."
In the FFW program, the team leader, squad leader, platoon
leader, platoon sergeant, or higher-ranking leader carries a ruggedized
tablet PC. The PC provides access to the network, the military library,
and digital maps, as well as enables the leader to identify targets and,
through the network, push targets to subordinates. Individual FFW soldiers
would view those targets using handheld, ruggedized PDAs connected to
the network. "It's essentially making the soldier a laptop walking
around the battle space with an IP address, with which to push and/or
pull data, still images, video, or audio," DeGay notes. "We
leverage the Warrior Information Network-Tactical (WIN-T), and the soldier
becomes a node through the handheld ruggedized PDA or the leader's ruggedized
tablet to identify and push or pull targets."
The FFW program is turning away from traditional VHF and
UHF radio systems in favor of digital radio devices. The soldier radio
waveform (SRW) is comparable to VoIP in that the network packetizes the
data, sends it out, and reassembles it on the other side, resulting in
a cleaner data stream. In fact, a soldier can connect to an unmanned aerial
vehicle that is 3000 meters away and stream video to see what that UAV
sees.
"Rather than having someone contact me on the radio
and say, 'We think there may be 15 enemy personnel 3000 meters to your
front,' I can just tap into a UAV that's loitering in the area,"
DeGay says. "I can get a real-time stream and know that it's not
15, but 30 enemy soldiers and they are doing 'X' and this is their disposition
and where they're located. I can push that image and video down to my
subordinates in real time, so we have a better idea of exactly what it
is that we're walking into."
FFWs also carry a GPS antenna, reducing fratricide and
aiding subordinates and leaders in knowing where soldiers are located,
plus or minus roughly three meters. The GPS antenna works in conjunction
with the SRW and handheld PDAs and laptops to locate soldiers inside buildings.
"Normally with a network, you walk into a building
and lose connectivity," DeGay says. "Your leadership loses control
of you inside of an urban area, and it involves hand and arm signals,
yelling, and moving people around in order to accomplish the mission.
Now the onboard computer is smart enough to realize that they've lost
contact, and to look around to find it. It's a self-healing network. With
the dead-reckoning module, which is carried on a soldier and GPS, we have
the ability to gain a good idea of where soldiers are, when we would have
originally lost track of them.
"My biggest concern as a ranger leader, for example,
is a multistory building that I have to send a platoon or a company in
to clear. Once my guys walk inside the building, I've lost control of
them. I'm desperately listening to a radio to try to figure out what's
going on. Now I have the ability to see representative icons of the soldiers
as they maneuver through that building. I have better contact and command
and control of what those soldiers are doing."
To further communications, the FFW wears body-borne antennas
the size of body armor plates in a next-generation piece of body armor
called the chassis. The antennas are omni directional, flattened, and
worn in the body-armor vest.
Innovative electronic systems communicate the current
health and health history of FFWs. The Warrior Physiological Status Monitoring
System (WPSM) is an electronic suite of sensors worn by the soldier that
monitors diastolic and systolic information, core body temperature, skin
temperature, and heart rate.
In addition, bone-conduction sensors, such as that on
the FFW's helmet, are distributed throughout the uniform ensemble to detect
whether he or she has suffered a ballistic trauma and where. Because the
soldier is wearing a tactical hub and a medical hub, FFW medical variants
can monitor the health of soldiers from a covered and concealed position,
virtually safe from harm. If a soldier has a falling core body temperature
and falling heart rate, for example, it could be due to a number of causes:
cold environment, hypothermia, or a bleeding wound. The WPSM and bone
conduction sensors communicate not only that the soldier has been shot,
but also that that he has been shot in the torso between the neck and
waist. That soldier is then represented by an icon in the medic variant
system, and that medic knows in advance what to expect and where to administer
aid.
At the same time, the soldier wears a digital dog tag
called a personal information carrier (PIC). As a medic provides care
in the battle space, he or she removes the soldier's PIC from his neck,
puts it in the medical variant's PDA, and updates that soldier's entire
medical history with the treatment just administered.
For the FFW program, the Army has partnered with General
Dynamics C4Systems in Taunton, Mass., the program's lead technology integrator.
Also contributing technologies to the FFW are: Kaiser
Electro-optics in Carlsbad, Calif., which was recently purchased by Rockwell
Collins; General Dynamics Decision Systems in Scottsdale, Ariz.; Northrop
Grumman Mission Systems in Albuquerque, N.M.; Corporate Innovations of
Simpsonville, S.C.; John H. Northrop and Associates in Burke, Va.; SAIC
in McLean, Va.; Booze Alan Hamilton in McLean, Va.; Computer Sciences
Corp. in Falls Church, Va.; I3 Solutions in Sterling, Va.; General Dynamics
Robotics Systems in Westminster, Md.; Cry Associates in Brooklyn, N.Y.;
Megawave Corp. in Boylston, Mass.; the Massachusetts Institute of Technology
in Cambridge, Mass; Articent in Boston; A123 Systems in Boston; General
Dynamics Armament System in Burlington, Vt.; Mine Safety Appliances in
Pittsburgh; and ITT Industries in Fort Wayne, Ind.
Military & Aerospace Electronics July, 2006 Author(s):
Courtney E. Howard
Read more about the ultrasonic communication and orientation
technologies including a vacuum ear plug, ultrasonic warning devices and
torpedo signature tracking at BioSecurity Technologies, Inc.
Located on the internet at: www.biosectech.com |
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