Spectrum Sciences & Software Holdings Corp. Announces Growth Targets and Business Prospects for 2006.FALLS CHURCH Falls Church, independent city (1990 pop. 9,578), NE Va., a residential suburb of Washington, D.C.; inc. as a town 1875, as a city 1948. There is diverse light manufacturing, including telecommunications equipment. , Va. -- In a letter mailed yesterday to shareholders of Spectrum Sciences & Software Holdings Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SPSC SPSC School of Police Staff and Command SPSC Standard Products and Services Codes SPSC Statistical Project Schedule Control SPSC St. Petersburg Shuffleboard Club (Florida, USA) SPSC Service Problem Solving Conference ), 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. Darryl K. Horne, P.E., set forth the company's business focus for 2006. Mr. Horne stated that the company's goal is to grow revenues by at least 15 to 20 percent annually and that success in winning any of several major contract opportunities would spur "dramatic growth" for the company. In the letter to shareholders, Mr. Horne also stated that Spectrum Holdings' largest subsidiary, Horne Engineering Services, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , is currently pursuing a role on four large-scale procurements related to homeland security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States , environmental restoration, critical infrastructure, and emergency preparedness. Each effort would involve teaming with one or more major contractors. The entire letter is posted on the company's Web site, http://www.spectrumholdingscorp.com. About Spectrum Sciences & Software Holdings Corp. Spectrum Sciences & Software Holdings Corp. is a premier technology and technical engineering solutions company focused on three primary target markets -- national security, energy & environment, and transportation -- with an emphasis on homeland security. The company's business offerings encompass business management services; procurement and acquisition support; design, engineering, and construction; manufacturing technologies; border and transportation security; environmental management; information analysis; and infrastructure protection. The company's family of subsidiaries includes Horne Engineering Services, Spectrum Sciences & Software, Inc., M&M Engineering, and Coast Engine and Equipment Company. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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. |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion