MERCERVILLE, NJ — (Marketwired) — 09/24/13 — Laser Energetics, Inc. (PINKSHEETS: LNGT) today announced that they received an international order, which will be accompanied by a substantial down payment, for its Dazer Laser® GUARDIAN and accessories worth more than $650,000 USD, with training costs yet to be incurred. This order was received from a customer in Southwest Asia, which will not be specified at this time for security reasons at the request of the foreign military end-user.
We, at Laser Energetics, are very excited to have another international order, now on a larger scale, realize the true value and solutions provided by the Dazer Laser® GUARDIAN. The GUARDIAN is the only optical distracter (ocular interruptor) in the world that incorporates LEI-s patent pending Variable Range and Focus Optics technology allowing the operator to both safely and effectively engage the threat at all ranges from one (1) meter out to 1000 meters, and beyond. Robert Battis, President and CEO, added, “We, as a company, are extremely excited to have received this new international order, which is much larger than many of our previous international orders we have received. Laser Energetics looks forward to its very bright future as an industry leader in non-lethal laser weapons intended for the protection of the United States and foreign allies alike.”
As previously announced, the Dazer Laser® Team is currently engaged in multiple US Military contracts (i.e. MARCORSYSCOM OI Program), and has recently responded to the US Navy-s next generation family of small arms laser aiming modules with the multi-functioning Dazer Laser® STEALTH system. In addition, our Dazer Laser® Team is currently attending the 2013 National Guard Association of the United States (NGAUS) Conference being held in Honolulu, HI, and will be attending key events around the world over the next several months to meet with many of the foreign militaries and governments requesting the needs of the Dazer Laser® to help combat the growing number of global threats. We would like to thank our loyal shareholders for their continued support as we further expand our Dazer Laser® Product Line, as well as other new technologies currently being worked on.
: The Company has a primary focus on its Dazer Laser® — Light Fighting Technologies, its Alexandrite Laser technology and its applications associated with Remote Sensing, Pill Marking, and its Total Reflectance Transmitter (TRT) technology. LEI has and continues to develop a comprehensive and strategic laser product line that addresses laser applications in Industry, Science, Medicine, Homeland Security and the Military. More information about the company is available on our website: .
Statements regarding financial matters in this press release other than historical facts are “forward-looking statements” within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. LEI intends that such statements about the Company-s future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company-s actual results may differ materially from expected results.
Mike Little
(609) 610-4095
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