SOURCE: Admiralty Holding Company

January 10, 2008 11:11 ET

Admiralty Holding Company to File Revised Application for Fifth Patent

ATLANTA, GA--(Marketwire - January 10, 2008) - Admiralty Holding Company (PINKSHEETS: ADMH) (Admiralty) announced today that it has received comments from the U.S. Patent Office regarding its application for a fifth patent pertaining to its ATLIS™ technology. The Company does not believe the comments will prove problematic and intends to respond with a revised application before the end of February. The application for the fifth patent relates to proprietary signal enhancement techniques. The fourth patent received by Admiralty was described in the Company's press release on December 18, 2007. As noted in that prior release, the Company has four patents pertaining to its ATLIS™ technology.

The first patent issued covers the use of multiple frequencies and multiple sensors to enhance the detection and classification of conductive and magnetic materials.

The second patent covers techniques to increase the sensitivity of the overall system by: shaping the transmitter, coding the transmitted signal, and using switched capacitors to efficiently generate a high power signal for the transmitter.

The third patent covers a method of combining the assets of pulsed and continuous transmitted signals to improve the system detection, a technique that has broad application to many types of detection/sensing systems.

In making this announcement, Herbert Leeming, CEO of Admiralty, commented: "We are fully confident the fifth patent will be issued, and we continue to explore other potentially valuable commercial applications for our proprietary ATLIS™ technology beyond our mainstream business. The four patents issued cover the core ATLIS™ processes and the fifth will provide additional protection for certain system enhancements."

Forward-Looking Statements

This press release contains "forward-looking statements." Statements made in the future tense, and words such as "anticipate," "expect," "project," "believe," "plan," "estimate," "intend," "will," "may" and similar expressions are intended to identify forward-looking statements. These statements are based on current expectations, but are subject to certain risks and uncertainties, many of which are difficult to predict and are beyond the control of Admiralty. Relevant risks and uncertainties include those referenced in Admiralty's filings with the Securities and Exchange Commission ("SEC") (which can be obtained as described in "Additional Information" below), and include but are not limited to: general industry conditions and competition; economic conditions; availability of new capital; weather conditions; technological advances and patents attained by competitors; challenges inherent in new product development, including obtaining regulatory approvals; governmental laws and regulations, including foreign governments. These risks and uncertainties could cause actual results to differ materially from those expressed in or implied by the forward-looking statements, and therefore should be carefully considered. Admiralty assumes no obligation to update any forward-looking statements as a result of new information or future events or developments.

Contact Information