4C Controls Announces Completion of First Round Private Offering.

NEW YORK -- 4C Controls Inc. (OTCBB: FOUR.OB) today announced it has completed its first round private offering of restricted common stock in the aggregate amount of $20 million by receiving firm commitment subscriptions. The Company is in the process of receiving funds from the private offering subscriptions. The first round placement reflects the initial phase of the Company's private offering of $70 million of restricted common stock.

4C Controls is a holding company which provides sophisticated security solutions, particularly in the areas of satellite and electronic surveillance/global access control markets and remote sensing technologies.

The Company will utilize the proceeds of the private offering for enhancing its operations related to (i) electronic security, access control and surveillance in the Middle East region; (ii) setup of the first ground station for receiving and distributing satellite images; and (iii) general corporate purposes.

The private offering of restricted common stock by the Company is not registered or required to be registered under the Securities Act of 1933, as amended (the "Securities Act"). The private offering has been made under Regulation S promulgated under the Securities Act. The restricted securities may not be offered or sold in the United States or to U.S. Persons absent registration or an applicable exemption from registration requirements.

About 4C Controls Inc.

4C Controls is an early stage company offering high technology integrated security solutions providing real-time early warning and reduction of time scales from threat-detection to termination in the field. The Company's primary focus is on cutting-edge technologies and large distribution networks including high resolution synthetic aperture radar satellites (SAR) and satellite images; ground high performance radars for intrusion detection and electronic surveillance / access control markets such as biometric, radio frequency identification (RFID), real time locating systems (RTLS) and closed-circuit television (CCTV).

Forward-Looking Statements

This press release contains 'forward-looking statements' as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are based upon currently available competitive, financial, and economic data and management's views and assumptions regarding future events. Such forward-looking statements are inherently uncertain. 4C Controls cannot provide assurances that any prospective matters described in the press release will be successfully completed or that it will realize the anticipated benefits of any transactions. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to: global economic and market conditions; the war on terrorism and the potential from war or other hostilities in other parts of the world; availability of financing and lines of credit; successful integration of acquired or merged businesses; changes in interest rates; management's ability to forecast revenues and control expenses, especially on a quarterly basis; unexpected decline in revenues without a corresponding and timely slowdown in expense growth; its ability to retain key management and employees; intense competition and the ability to meet demand at competitive prices and to continue to introduce new products and new versions of existing products that keep pace with technological developments, satisfy increasingly sophisticated customer requirements and achieve market acceptance; relationships with significant suppliers and customers; as well as other risks and uncertainties, including but not limited to those detailed from time to time in the 4C Controls SEC filings. 4C Controls undertakes no obligation to update information contained in this release.