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Catcher Holdings Receives Purchase Orders From L-3 Communications (Government Services, Inc.) and Alion Science and Technology, Inc.2 April 2006
Catcher Holdings, Inc., (OTC Bulletin Board: CTHH), developer of CATCHER(TM), a portable, ruggedized, wireless, hand-held computer and communications control device built to military specifications for ruggedness, announced today that it has received purchase orders from L-3 Communications -- Government Services, Inc. and from Alion Science and Technology, Inc. The purchasers intend to use the units to be delivered in April for testing and demonstration purposes.
L-3 Communications Government Services, Inc. (L-3 GSI), based in Chantilly, Virginia, is a nationally recognized management and services company with more than 26 years of experience in information technology services; security systems, solutions, and services; and engineering, analysis, and program services for the Departments of Defense and Homeland Security, the U.S. intelligence community, and a selection of civilian federal, state, and local agencies. In addition, its wholly owned subsidiary, DP Associates Inc. (DPA), specializes in Interactive Multimedia Instruction (IMI), high-speed training delivery systems, Interactive Electronic Technical Manuals (IETM), as well as engineering and program acquisition support services. Further details about DPA can be found at http://www.dpatraining.com. With more than 40,000 employees and approximately $7 billion in revenues, its parent company, L-3 Communications, is a diverse corporation providing products and services both to the Government and to the commercial marketplace.
Alion Science and Technology, Inc. is a recognized leader in Vulnerability and Risk Management software and services. Based in McLean, Virginia, the company delivers technical expertise and operational support to the Department of Defense, civilian government agencies and commercial customers, and currently, it has over 400 active contracts. Building on almost 70 years of R&D and engineering experience, Alion's 2,600 employee-owners bring innovation and insight to multiple business areas including: defense operations; modeling and simulation; wireless communication; industrial technology; chemical, biological, nuclear & environmental sciences; information technology; and naval architecture and marine engineering.
Charles Sander, CEO of Catcher Holdings, Inc., said, "These initial purchase orders from these world-class companies mark a critical milestone in the commercial development of the CATCHER(TM). With the device in the hands of companies that will ultimately bring them to the end-user, we now are in the process of building awareness and creating demand at a whole new level. Their reputations add to our credibility, and their testing of the CATCHER(TM) should add to the conviction in the marketplace that this device is not only needed but is also effective and durable. We are extremely pleased to be able to deliver these units and anticipate they will continue to grow the foundation of future commercial successes."
Photographs and detailed descriptions of the new CATCHER(TM) device are available on the Company's website at http://www.catcherinc.com.
About Catcher Holdings, Inc.
Catcher Holdings, Inc.'s wholly-owned subsidiary, Catcher, Inc., has developed a portable, ruggedized, wireless, hand-held command control device built to military specifications. Utilizing proprietary software, CATCHER(TM) product offers mission critical personnel essential real-time wireless data and communications through an integrated platform incorporating voice, video, data, GPS and biometric capabilities.
Special Note Regarding Forward-Looking Statements: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve known and unknown risks, delays, and uncertainties that may cause actual results, performances or achievements of the Company to differ materially from those results, performance or other expectations expressed or implied by these forward-looking statements. These risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the applicable statements include, but are not limited to: the Company's ability to successfully complete development of the Catcher(TM) product, the Company's ability to commercialize the Catcher(TM) product, the Company's ability to generate product sales and operating profits, potential vulnerability of technology obsolescence, potential competitive products by better capitalized companies, potential difficulty in managing growth, dependence on key personnel, and other risks which are discussed in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.
PORTER, LEVAY & ROSE, INC.
Cheryl Schneider, VP - Investor Relations
Jeff Myhre, VP - Editorial
212.564.4700
Tom Gibson, VP - Media Relations
201.476.0322
CATCHER HOLDINGS, INC.
Charles Sander, President & CEO
540-882-3087
Source: prnewswire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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