SOURCE: Ahura

July 17, 2006 06:09 ET

Ahura Corporation Selected by World Economic Forum as a Technology Pioneer for 2006

WILMINGTON, MA -- (MARKET WIRE) -- July 17, 2006 -- Ahura Corporation, award-winning manufacturer of handheld instruments for chemical identification, has been selected as one of the World Economic Forum's 36 Technology Pioneers for 2006. Technology Pioneers are companies that have been identified as developing and applying highly transformational and innovative technologies in the areas of energy, biotechnology and health, and information technology. This year's class of companies has been selected due to the cutting-edge work undertaken by the organizations, as well as the potential long-term impact of the organization's efforts on business and society.

Ahura Corporation was chosen as a Technology Pioneer in the field of Biotechnology and Health based on its award-winning FirstDefender™ Handheld Chemical Identification System. FirstDefender is a rugged, waterproof handheld instrument for the identification of unknown liquids and solids. It is used by military and civilian first responders around the globe for accurate and instant identification of potentially dangerous substances, including chemical weapons, explosives, toxic substances, hazardous waste and narcotics. FirstDefender delivers reliable results in all weather conditions and environments. Customers include: the Federal Bureau of Investigations explosives lab, British Ministry of Defense, U.S. Army, U.S. Customs and Immigration, Fire Department of New York, City of Seattle Fire Department, Washington DC Fire Department, New Jersey State Police and more than 100 other agencies in the United States.

"FirstDefender is making a real difference in the lives of soldiers, first responders and law enforcements, who use it every day in potentially life-threatening situations," said Daryoosh Vakhshoori, Ahura Corporation's President and Founder. "We are honored to be recognized by the World Economic Forum and, in alignment with the WEF's goals, will continue to develop products and technologies that improve the state of the world."

Building on its success in the military and first responder markets, Ahura is also exploring several new industries, including manufacturing, pharmaceuticals and biotechnology. The technological foundation of FirstDefender shows great promise in applications such as inspection of incoming materials; in-line/at-line verification of chemical processes; authentication of gems, art and antiques; geological exploration; and authentication of legitimate pharmaceuticals.

About Ahura Corporation

Ahura Corporation develops rugged, innovative, ultra-compact, field-enabled optical systems for the detection, identification and authentication of unknown and suspect substances. Customers include the homeland security, life sciences, industrial and medical markets. Manufactured in the USA in an ISO 9001 certified operation, Ahura's products offer superior performance at competitive prices. Ahura has been recognized with a number of awards, including awards from Red Herring, Frost & Sullivan and IDSA. More information at www.ahuracorp.com.

About the World Economic Forum

The World Economic Forum (www.weforum.org), based in Geneva, Switzerland, is an independent organization committed to improving the state of the world. Funded by the contributions of 1,000 of the world's foremost corporations, the Forum acts in the spirit of entrepreneurship in the global public interest to further economic growth and social progress. The Forum serves its members and society by creating partnerships between and among business, political, intellectual and other leaders of society to define, discuss and advance key issues on the global agenda. Incorporated in 1971 as a foundation, the World Economic Forum is impartial and not-for-profit, and is tied to no political, partisan or national interests. In 1995 the Forum was awarded NGO consultative status with the Economic and Social Council of the United Nations.

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