Spectrum Sciences & Software's First Annual ``Safe-Range'' International Users Conference a Success.Business Editors FORT WALTON BEACH Fort Walton Beach, city (1990 pop. 21,471), Okaloosa co., NW Fla., on the Gulf of Mexico; inc. 1941. It is a year-round beach and fishing resort east of Pensacola. Electronic equipment and small boats are made, and military aircraft are modified here. , Fla.--(BUSINESS WIRE)--May 11, 2004 Information Technology Division Has Been Awarded Several New U.S. Air Force Contracts Spectrum Sciences & Software Holdings Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SPSC), highly focused on homeland security through the provision of full-service, quality solutions in response to complex and diverse government initiatives, announced today that the inaugural Safe-Range International Users Conference held last week at the company's headquarters in Fort Walton Beach, Florida Fort Walton Beach is a city in Okaloosa County, Florida, United States. As of 2004, the population estimate for Fort Walton Beach, Florida is 19,992 recorded by the U.S. Census Bureau.[2] Fort Walton Beach is a year round fishing and beach resort. , was extremely successful. In other recent corporate events, Jeremy Maines, Director of the Information Technology division, announced, "Spectrum has recently been awarded several new Safe-Range software modification contracts from the U.S. Air Force with an expected lifetime value of over $300,000." The conference brought together over seventy-five of Spectrum's Safe-Range software users from every branch of the U.S. military and many allied nations from around the globe. The conference helped to define the requirements for future versions of the software, as well as providing expert training on the new features and functionality included in the most recent release (Version 3.2). Stated David Heikkinen, Director of IT Business Development: "We are extremely pleased with the level of interest in the conference and the level of participation from all the different representatives who paid their own way to get here. The conference has generated a large number of new requirements for the software which will translate into many new orders for Safe-Range enhancements and modifications." Heikkinen continued, "Due to the success of this first conference, plans are already underway for the next users conference." Safe Range is a proprietary software application, developed by Spectrum Sciences & Software Holdings Corp., which supports range managers in ensuring the safety of ground based personnel and assets in military air-to-surface weapon training operations. Safe Range is now licensed by the US Air Force, the Department of the Navy (which includes the US Marine Corps) and a number of foreign military services. It is required for use by the USAF on every Air Combat Command (ACC See adaptive cruise control. ) training range and is in exclusive use in range planning activities and safety operations within the Department of the Navy. It is also in use at major weapon testing ranges such as the Utah Test and Training Range The Utah Test and Training Range (UTTR) is a military testing and training area located in Utah's West Desert, approximately 80 miles west of Salt Lake City, (UTTR) and Eglin AFB, in Florida. About Spectrum Sciences & Software Spectrum Sciences & Software Holdings Corp. is highly focused on homeland security through the provision of full-service, quality solutions in response to complex and diverse government initiatives. Spectrum is dedicated to providing innovative, dependable and cost-effective products and services to a broad range of government customers, and is headquartered in Fort Walton Beach, Florida. Founded in 1982, the company currently has over 130 employees. Primary markets include engineering services, operation, maintenance, information technology and manufacturing. Spectrum provides and maintains Software Model Development and Safety Footprint Development to the United States Air Force United States Air Force (USAF) Major component of the U.S. military organization, with primary responsibility for air warfare, air defense, and military space research. It also provides air services in coordination with the other military branches. U.S. , the United States Army United States Army Major branch of the U.S. military forces, charged with preserving peace and security and defending the nation. The first regular U.S. fighting force, the Continental Army, was organized by the Continental Congress on June 14, 1775, to supplement local , the United States Navy United States Navy Major branch of the U.S. military forces, charged with defending the nation at sea and maintaining security on the seas wherever U.S. interests extend. The Continental Navy was established by the Continental Congress in 1775. and many of our allied nations. Spectrum also operates and manages one of the largest air-to-ground bombing ranges in the United States, located in Gila Bend, Arizona Gila Bend /ˌhilə 'bɛnd/ (O'odham: Hila Wi:n), founded in 1872, is a town in Maricopa County, Arizona, United States. . The Information Technology Division provides a full range of IT services including web site development and hosting, software development and GIS services. The company's manufacturing division is ISO 9001:2000-qualified and provides a broad array of services for both commercial and Department of Defense customers. The company has, or has had, contracts with the United States Air Force, including the Air Combat Command (ACC), the Air Force Reserve Command (AFRC); the Air Force Special Operations Command Air Force Special Operations Command (AFSOC) was established 22 May, 1990,with headquarters at Hurlburt Field, Fla. AFSOC is a United States Air Force (USAF) major command and is the air component to the United States Special Operations Command (USSOCOM), a unified command (AFSOC); the Air National Guard (ANG); the Department of Navy, including United States Navy (USN); United States Marine Corps United States Marine Corps (USMC) Separate military service within the U.S. Department of the Navy (see U.S. Navy), charged with providing marine troops for seizure and defense of advanced bases and with conducting operations on land and in the air in connection with (USMC); the Royal Australian Air Force The Royal Australian Air Force (RAAF) is the Air Force branch of the Australian Defence Force. The RAAF began in March 1914 as the Australian Flying Corps and became a fully independent Air Force in March 1921. (RAAF); the Royal Air Force (RAF) and the German Air Force (GAF). To find out more about Spectrum, visit our website at www.specsci.com. Forward-Looking Statements This news release contains forward-looking statements as defined by 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. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements, which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, risks set forth in documents filed by the company from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by, or on behalf of, the Company, are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof. |
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