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DeMil Acquires Exclusive Rights to Patented Munitions Destruction System.


HUNTSVILLE, Ala.--(BUSINESS WIRE)--Sept. 17, 1998--DeMil International Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB:DMIL DMIL Demilitarization
DMIL Daewoo Motors India Limited
) announced Thursday that it has acquired the exclusive world-wide rights to the patented Donovan Contained Detonation Chamber (CDC See Control Data, century date change and Back Orifice.

CDC - Control Data Corporation
).

Patented in 1996, this contained detonation system is capable of controlled detonations of dated and defective munitions. The CDC System safely and cleanly destroys unwanted ammunition, rockets and mines. It has been in daily industrial and commercial use for the last 10 years at Donovan Demolition Inc. (DDI ddI and ddC: see AZT. ).

DeMil International Inc. has also named Bob Stringham as president & 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. . Stringham was formerly area director/offset at Lockheed Martin Aeronautical Systems (NYSE NYSE

See: New York Stock Exchange
:LMT LMT left mentotransverse (position of fetus). ), Marietta, Ga. While at Lockheed Martin, he spent 13 years in Portugal, France and the United Kingdom, overseeing the company's international trade offset obligations to those countries.

DeMil will focus its business on the manufacture, sales, service and support of contained detonation chamber systems to U.S. and foreign governments and agencies responsible for destroying unwanted munitions. Using the Donovan technology, DeMil will integrate the explosion chamber with state-of-the-art air pollution control units to safely, quietly and cost-effectively destroy surplus and dated ammunition, mines and other munitions.

Existing Donovan Contained Detonation Chambers currently meet the environmental requirements of Illinois and Tennessee. DeMil detonation systems will undergo testing to verify compliance with local and Federal environmental regulations in additional states over the next 16 months.

To capitalize on the growing market for the demilitarization de·mil·i·ta·rize  
tr.v. de·mil·i·ta·rized, de·mil·i·ta·riz·ing, de·mil·i·ta·riz·es
1. To eliminate the military character of.

2.
 of munitions stockpiles, the Donovan detonation system has been modified to withstand shrapnel blasts resulting from munitions destruction. This research and development effort culminated in DDI providing two systems to General Dynamics Ordinance Systems (NYSE:GD) at the Milan Army Ammunition Plant in Milan, Tenn. to destroy M155 cluster-bomb artillery shells under a contract with the U.S. Army Industrial Operations Command.

DeMil International Inc. is a dynamic company focusing on the development and marketing of demilitarization equipment and anti-terrorism products to government agencies in the US and international markets.

Additional information: Real Time News: www.stockprofiles.com/dmil Contact: 888/338-3367

Financial Statements in this press release (if any) other than historical facts are "forward looking" statements within the meaning of Section 27A of the Sections 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 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 company intends that such statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. 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 could differ materially from expected results.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 17, 1998
Words:448
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