Eye Dynamics Welcomes Dr. Mark Stalzer of HRL Laboratories as an Observer to the Board of Directors.Business Editors TORRANCE, Calif.--(BUSINESS WIRE)--Sept. 6, 2001 Eye Dynamics Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :EYDY), www.EyeDynamics.com, announced today that Dr. Mark Stalzer of HRL HRL Hughes Research Laboratories HRL Harlingen, TX, USA (Airport Code) HRL Hunter River Lancers HRL Health Research Laboratory HRL Horizontal Reference Line HRL Home Run League (adult Wiffle ball league) Laboratories has been appointed as an observer to the Board of Directors of Eye Dynamics. As an observer he is entitled to attend all Board meetings and to be advised of information and planning in which the Board is involved. HRL Laboratories has undertaken an image processing image processing Set of computational techniques for analyzing, enhancing, compressing, and reconstructing images. Its main components are importing, in which an image is captured through scanning or digital photography; analysis and manipulation of the image, accomplished technical project to enhance the eye tracking methodologies currently used by Eye Dynamics. The project is under the supervision of Dr. Stalzer. In return, HRL Laboratories is being compensated with equity in Eye Dynamics. HRL Laboratories of Malibu, Calif., (www.HRL.com) conducts applied research in the electronics & information sciences and creates new products and services for space, telecommunications, defense & automotive applications. They are jointly and equally owned by Boeing, Raytheon, and General Motors and provide research and development services for all three. Dr. Mark A. Stalzer is the Director of HRL's Information Sciences Laboratory (ISL ISL - Interface Specification Language. Xerox PARC. Interface description language used by the ILU (Inter-Language Unification) system. Includes descriptions of multiple inheritance, exceptions and garbage collection. E-mail: Bill Janssen <janssen@parc.xerox.com>. ). ISL's staff of 90 Ph.D. level scientists, with vendors, and summer students, perform work in signal and image processing, computational physics, and human-centered systems. Dr. Stalzer's scientific work has been primarily in the areas of computational electromagnetics and parallel algorithms. He has managed efforts on several government research contracts, and was the principal investigator on a major DARPA DARPA: see Defense Advanced Research Projects Agency. (Defense Advanced Research Projects Agency) The name given to the U.S. Advanced Research Projects Agency during the 1980s. It was later renamed back to ARPA. program that made revolutionary advances in electromagnetic scattering calculations. Dr. Stalzer has also worked on Wall Street, doing derivatives risk management for Merrill Lynch. Dr. Stalzer holds Ph.D. and M.S. degrees in Computer Science from the University of Southern California The U.S. News & World Report ranked USC 27th among all universities in the United States in its 2008 ranking of "America's Best Colleges", also designating it as one of the "most selective universities" for admitting 8,634 of the almost 34,000 who applied for freshman admission and has completed the Executive Program at UCLA's Anderson Graduate School of Management. He has published over 40 scientific papers, holds 3 US patents, is a reviewer for various IEEE (Institute of Electrical and Electronics Engineers, New York, www.ieee.org) A membership organization that includes engineers, scientists and students in electronics and allied fields. and SIAM journals. Dr. Stalzer is a member of Sigma Xi and ACM (Association for Computing Machinery, New York, www.acm.org) A membership organization founded in 1947 dedicated to advancing the arts and sciences of information processing. In addition to awards and publications, ACM also maintains special interest groups (SIGs) in the computer field. , a senior member of the IEEE, and a participant in the National Academy of Engineering Frontiers program. "We are very pleased that Dr. Stalzer has agreed to be an observer and adviser to the Board of Directors. This is a very important period for Eye Dynamics as we continue to move forward with implementation of our business plan for the commercialization of SafetyScope and VIPER," said Ron Waldorf, Founder and Chairman of the Board of Eye Dynamics. "His experience in both technical and business issues will be a valued addition and will help ensure the success the company believes will occur with its product lines." About Eye Dynamics Inc. Eye Dynamics is in the business of producing and marketing patented proprietary products and other services for the institutional, medical and government markets. SafetyScope, the company's latest product, is designed for the `fitness-for-duty' screening of workers. 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. for Forward Looking Statements This news release includes forward-looking statements that are made pursuant to the "safe harbor" provisions of 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. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are set forth in the company's periodic filings with the U.S. Securities and Exchange Commission. |
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