ChemTech's ELF Landmine Detector to be Tested in New Croatia Facility.Business Editors AUSTIN, Texas--(BUSINESS WIRE)--March 30, 2000 Loch Harris, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:LOCH) received word that the ELF Landmine Detector developed by its Tucson, Ariz.-based subsidiary Chemical Detection Technology, Inc. (ChemTech), will be tested in a new international testing facility now under construction in the village of Krusevo, Croatia. Krusevo, near Obrovac, is located southwest of Zagreb, the capital of Croatia. Initial construction of the facility is anticipated to be complete in 90 days. Rodney Boone, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. for both Loch and ChemTech, said the Croatian Mine Action Committee (CROMAC), Croatia's official demining Demining is the process of removing landmines or naval mines from an area. There are two distinct types of mine detection and removal: military and humanitarian. Mine clearance In the combat zone, the process is referred to as mine clearance. organization, and the Croatian Department of Interior said the facility is designed to provide tests that are certified to international standards for new demining equipment, protocol test validation, and training of deminers. "CROMAC's ambitious project is an attempt to set performance standards for location and positive identification of landmines and unexploded ordnance "UXO" redirects here. For the cancelled video game, see . Unexploded ordnance (or UXOs/UXBs, sometimes acronymized as UO) are explosive weapons (bombs, bullets, shells, grenades, land mines, naval mines, etc. ," said Boone. "Just two weeks ago, Dr. Henry Blair, who developed the ELF technology, presented an official ELF test report at the 4th International Symposium on Technology and the Mine Problem held by the Naval Postgraduate School The Naval Postgraduate School is a graduate school operated by the United States Navy. Located in Monterey, California, it grants primarily master's degrees plus some doctoral degrees to its students, who are mostly active duty officers from U.S. and foreign military services. in Monterey, Calif.," said Boone. "The report detailed ELF's performance in laboratory and preliminary field tests near Zagreb on February 11 and 12," he said. Further information on the development of ELF may be seen on Loch's Web site, http://www.lochharris.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or other uncertainties detailed in the Company's filings with the Securities and Exchange Commission. For further information contact: Investor Communications Group, Phone 770/351-9700; Fax 770/351-0700; Or visit our Web site at http://www.lochharris.com. |
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