Power Spectra SEEKER Ground Penetrating Radar -- GPR -- Doubles Object Detection Range to 12 Feet in Quartz Rock.SUNNYVALE, Calif.--(BUSINESS WIRE)--July 16, 1998--Power Spectra, Inc., (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:PWSP PWSP Pillsbury Winthrop Shaw Pittman LLP (law firm) PWSP Potable Water Supply Point PWSP Psychological Warfare Society ) announced today that a pre-production model of its SEEKER(tm), a portable hand-held ground penetrating radar (GPR (Ground Penetrating Radar) A UWB-based technology that locates objects buried underground. It is used to locate buried lines, storage tanks, pipes and conduits as well as to determine the structural integrity of the ground underneath a road or runway. ) system designed to locate high grade gold ore deposits in mines, has detected metallic objects through 12 feet of quartz rock at the Original Sixteen to One Mine in Allegheny, California. No other known technology has been able to "see" such a distance and measure the height and width of a deposit in this environment. This is twice the range recently announced in the LandRay acceptance trials. "It is significant that the SEEKER has now clearly detected a target at twice the qualification distance for the LandRay acceptance tests," said Charles C. Byer, 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 Power Spectra. "Power Spectra is pleased with these results and looks forward to supporting LandRay in its use of the SEEKER to find additional gold deposits, assisting further market development within the mineral industry,and cultivating new corporate alliances." "It is very important to Power Spectra that we have also identified other markets worthy of development for this valuable technology, such as utilities, construction and related companies who value the capability of non-invasively looking into the ground," Byer concluded. LandRay Technology, Inc., headquartered in Fremont, California For the unincorporated community in Yolo County, California, see . Fremont (IPA: /ˈfriːmɒnt/) is a city in California that was incorporated on January 23, 1956, from the merger of five smaller communities: , is the exclusive licensee for mining and oil and gas applications of Power Spectra's proprietary ground penetrating radar technology. LandRay is financing the development of the SEEKER for mineral and petroleum applications. All other license rights are retained by Power Spectra. Power Spectra, headquartered in Sunnyvale, California Sunnyvale ([sʌniveil]) is a city in Santa Clara County, California, United States. It is one of the major cities that make up the Silicon Valley. As of the 2000 census, the city population was 131,760. , designs and manufactures ground penetrating radar (GPR) systems, laser rangefinders, and high-output-power impulse generators for industrial and military applications. These products utilize Power Spectra's proprietary high-speed gallium arsenide An alloy of gallium and arsenic compound (GaAs) that is used as the base material for chips. Several times faster than silicon, it is used in high frequency applications such as cellphones, DVD players and fiber optics. (GaAs) switching devices.
CONTACT: Ted Michel Associates
Ted Michel, 510/450-0844
or
Power Spectra, Inc.
Ed Lamb, 408/737-7977
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