Metal Storm to Present At the National Defense Industrial Association's 13th Annual SO/LIC Symposium and Exhibition.ARLINGTON, Va.--(BUSINESS WIRE)--Feb. 7, 2002 Michael O'Dwyer Will Introduce Metal Storm's Revolutionary Technology to Experts Within the Special Operations Community Metal Storm Limited (Nasdaq Small Cap: MTSX and ASX ASX See: Australian Stock Exchange : MST), a pioneer in electronic ballistics technology, announced today that Michael O'Dwyer, Managing Director and Chief Executive Officer, will present at the National Defense Industrial Association's ("NDIA NDIA National Defense Industrial Association NDIA New Doha International Airport (Qatar) ") 13th Annual Special Operations/Low Intensity Conflict ("SO/LIC SO/LIC Special Operations/Low Intensity Conflict ") Symposium and Exhibition at the Hyatt Regency in Crystal City Arlington, Virginia on February 8, 2002. The symposium brings together leading defense and industry experts to discuss how the war on terrorism Terrorist acts and the threat of Terrorism have occupied the various law enforcement agencies in the U.S. government for many years. The Anti-Terrorism and Effective Death Penalty Act of 1996, as amended by the usa patriot act is necessitating a redefinition of the doctrine, roles and missions for Special Operations Forces Those Active and Reserve Component forces of the Military Services designated by the Secretary of Defense and specifically organized, trained, and equipped to conduct and support special operations. Also called SOF. ("SOF"). Mr. O'Dwyer will present a paper titled, "The Use of Metal Storm Technology/Weapons in an Urban Warfare Environment". General Wayne A. Downing Wayne Allan Downing (May 10, 1940 – July 18, 2007) was a retired four-star United States Army general born in Peoria, Illinois. He graduated from the United States Military Academy (West Point) in 1962[1]. , USA (Ret), previously a board member of Metal Storm and current Deputy National Security Advisor The Deputy Assistant to the President for National Security Affairs, commonly referred to as the Deputy National Security Advisor, is a member of the Executive Office of the President of the United States, serving as deputy to the President's National Security Advisor. to the President for Combating Terrorism, will be a keynote speaker on February 7, 2002 for the Awards Banquet "Appreciation of the SO/LIC Warrior". Michael O'Dwyer said, "It is a tremendous honor to be selected to participate in the NDIA symposium. As our most recent presentation in the U.S., this forum provides us with an excellent opportunity to further our state of the art 100% electronic ballistics technology with leaders of the Special Operations community. The U.S. is the world's leader in the war against terrorism and is aggressively seeking ways to bolster homeland defense and world security. Metal Storm offers an unrivaled, revolutionary technology that further enhances our ability to counter the war on terrorism by providing a range of cutting-edge defense capabilities." The NDIA offers a platform for industry and government to directly exchange views and information. Assembled for the Symposium will be subject-matter experts who will address specific questions on requirements and resources. On display will be products, systems and services from top industries serving the SO/LIC community. About the National Defense Industrial Association (NDIA) NDIA is a partnership between industry and government that is driving the future of defense. NDIA facilitates growth, innovation, and technological advances for all facets of the defense industrial base. NDIA membership includes approximately 850 corporations and 24,000 individuals. NDIA is committed to: (a) promoting interchange of ideas and technology between government and industry, (b) providing industry's advice to government on technology issues, (c) harnessing technology, information and education for national defense solutions and (d) supporting economic strength through international competitiveness. About Metal Storm Metal Storm Limited is a research and development company based in Brisbane, Australia. The Company is capturing unprecedented attention from defense organizations worldwide with its revolutionary 100% electronic ballistics technology, which has no known conventional equivalent. Metal Storm currently has $50 million in research and development funding in place to develop its technology from leading defense-related agencies such as the US Defense Advanced Research Projects Agency Defense Advanced Research Projects Agency (DARPA), U.S. government agency administered by the Department of Defense (see Defense, United States Department of). (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. ) and the Australian Defence Science and Technology Organisation The Defence Science and Technology Organisation (DSTO) is a branch of the Australian Department of Defence which researches and develops technologies for use in the Australian Defence Industry. (DSTO DSTO Defence Science & Technology Organisation (Australia) DSTO Defense Systems and Technology Operation ). Additionally, the Company is well positioned to support the U.S. government's more urgent homeland defense needs. Recently, the Department of Defense (DoD) has accelerated the programs under development as the country mobilizes for war and strengthens its counter-terrorism capabilities. Safe Harbor Certain statements made herein that use the words "estimate", "project", "intend", "expect", "believe" and similar expressions are intended to identify forward-looking statements within the meaning 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. These forward-looking statements involve known and unknown risks and uncertainties which could cause the actual results, performance or achievements of the Company to be materially different from those which may be expressed or implied by such statements, including, among others, risks or uncertainties associated with the development of the Company's technology, the ability of the Company to protect its proprietary technology, the market for the Company's products, government regulation in Australia and the U.S., changes in tax and other laws, changes in competition and the loss of key personnel. For additional information regarding these and other risks and uncertainties associated with the Company's business, reference is made to the Company's reports filed from time to time with the Securities and Exchange Commission, including the Company's Form 20-F. |
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