JMAR Competitively Selected by U.S. Army for Phase II SBIR Grant; Work Focuses on Development of New Laser for Remote Detection of Improvised Explosive Devices (IEDs).SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- JMAR JMAR Joint Medical Asset Repository Technologies, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : JMAR), a leading innovator in the development of laser-based technology and x-ray processes for imaging, analysis and fabrication fabrication (fab´rikā´sh n the construction or making of a restoration. at the nanoscale, announced that the Company has been competitively selected for the award of a Phase II SBIR SBIR Small Business Innovation Research (program/grant) SBIR Space Based Infra-Red SBIR Speaker-Boundary Interference SBIR Site Backsurface-referenced Ideal Plane/Range (silicon wafers) grant by the U.S. Army to conduct research leading to the development of a compact, double pulse laser system capable of real-time spectrochemical hazard analysis in the field. This new detection approach is based on JMAR's proven BriteLight(TM) technology and offers an improved method of detecting hazardous materials from safe, remote locations. Taking advantage of BriteLight's unique combination of excellent spatial beam quality and high pulse energy, this new laser will be specially designed for adjustable, double-pulse mode operation to support laser-induced breakdown spectroscopy Laser-induced breakdown spectroscopy (LIBS) is a type of atomic emission spectroscopy which utilises a highly energetic laser pulse as the excitation source. LIBS can analyse any matter regardless of its physical state, be it solid, liquid or gas. (LIBS LIBS Laser Induced Breakdown Spectroscopy ). LIBS techniques are well suited to field analysis because only the laser beam must reach the sample, allowing remote monitoring of hazardous materials or materials situated in difficult to reach locations. The DOD (1) (Dial On Demand) A feature that allows a device to automatically dial a telephone number. For example, an ISDN router with dial on demand will automatically dial up the ISP when it senses IP traffic destined for the Internet. Small Business Innovative Research (SBIR) program was developed to stimulate technological innovation to meet military as well as commercial needs. During Phase I, JMAR accomplished feasibility studies and proof of concept. This selection for Phase II will result in two prototypes--a small man-portable LIBS unit and a larger vehicle-portable version. The Phase II contract amount is expected to be $750,000. "We are very pleased with this opportunity to continue our support of the U.S. Army by adapting our modular BriteLight laser to handle remote, non-contact detection of hazardous materials," commented C. Neil Beer, President and 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. of JMAR. "This protective use of our core technology by the military will also lead to several exciting commercial applications." About BriteLight(TM) JMAR's BriteLight(TM) Modular Solid State Laser System provides a unique combination of high brightness, short pulse duration, and exceptional beam quality in a modular, compact design. The product also offers research scientists and manufacturing engineers a versatile laser source that can be used for a multitude of applications, including spectrochemical analysis, nanotech scale fabrication, microscopy and soft x-ray source generation. About JMAR JMAR Technologies, Inc. is a leading innovator in the development of laser-based technology for imaging, analysis and fabrication at the nano-scale. The Company is leveraging more than a decade of laser and photonics research to develop a diverse portfolio of products with commercial applications in rapidly growing industries, while continuing to carry out research and development for the U.S. Government. JMAR is targeting the nanotechnology, bioscience and semiconductor industries with its BriteLight(TM) Laser; X-ray Light Source; Compact X-ray Microscope x-ray microscope n. An instrument using x-rays to render a highly magnified image. -- for 3D visualization of single cells and polymers; and the X-ray Nano Probe -- enabling interaction, analysis and materials modification at the nano-scale. JMAR maintains a strategic alliance with FemtoTrace, a unique company applying NASA NASA: see National Aeronautics and Space Administration. NASA in full National Aeronautics and Space Administration Independent U.S. technology to trace analytical solutions, for the production of the READ chemical sensor for the homeland security, environmental and utility infrastructure industries. JMAR also manufactures and markets its series of BioSentry(TM) microorganism microorganism /mi·cro·or·gan·ism/ (-or´gah-nizm) a microscopic organism; those of medical interest include bacteria, fungi, and protozoa. early-warning systems for cruise ships, municipalities, pharmaceutical and semiconductor industries. This news release contains certain "forward-looking statements." Forward-looking statements are based on current expectations and assumptions and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, and many of which are beyond the Company's control. Actual results could differ materially from these forward-looking statements as a result of a number of factors, including the risk that the performance validation tests of the BioSentry Beta units are not successfully completed due to unforeseen issues with the installation and operation of the units outside of the controlled environment of JMAR's facility, delays in completion of the X-ray Microscope and X-ray Nano Probe prototypes and transition to production units, the failure of the technology to perform as predicted, competition from alternative technologies, uncertainties as to the size of the markets , cost and margins for JMAR's products, failure to obtain market acceptance, current or future government regulations affecting the use of JMAR's products, the lack of availability of critical components, the degree of protection from future patents, other risks associated with the development or acquisition of new products or technologies and those risks detailed in the Company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2005 filed with the SEC. Given these risks and uncertainties, investors are cautioned not to place undue reliance on such forward-looking statements and no assurances can be given that such statements will be achieved. JMAR Technologies, Inc. does not assume any duty to publicly update or revise the material contained herein. |
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