MERCERVILLE, NJ--(Marketwire - Nov 29, 2012) - Laser Energetics, Inc. (PINKSHEETS: LNGT) today announced that it successfully exhibited at the AUSA Annual Meeting and Exposition in Washington, DC as well as successfully demonstrated the Dazer Laser GUARDIAN and introduced the Dazer Laser STEALTH to the US Army at several military bases in Kuwait. Laser Energetics has developed the Dazer Laser® to be the safest and most effective Optical Distracters in the world today and got acknowledgement of that in Kuwait.
The AUSA Expo had roughly 35,000 attendees and exhibitors on hand which included many of America's Top Military Leadership from the US Army as well as several International Militaries. "AUSA is the largest Military Tradeshow in the world, which allowed us to further expand our strategic position to gain sales in the federal market space," stated Robert D. Battis, Founder and Chief Executive Officer of Laser Energetics. Laser Energetics has created a new video that demonstrates the Dazer Laser in different scenarios to show how it works, how to employ it, how the safety of the system never sacrifices effectiveness and how the effectiveness never sacrifices safety. This video as well as pictures from this year's AUSA Annual Meeting and Expo can be found on our website. For further information on AUSA, you can visit the website http://www.ausa.org/meetings/2012/annualmeeting/Pages/2012AUSAAnnualMeetingDefault.aspx.
Battis continued, "We are successfully educating the world that the Dazer Laser® is the only Optical Distractor that can be operated both safely at all ranges and just as importantly effectively at all ranges from 1-2400 meters (model dependent). As we found out firsthand at the AUSA Expo and in Kuwait, the US Military truly understands the Dazer Laser's superior characteristics that allows for effectiveness and technological advancements in the world of Optical Distractors. We know our Warfighters will be better off with their Optical Distractor being both effective and safe. Deploying the Dazer Laser® provides that capability and that is the goal of Laser Energetics."
Check out the new video and tradeshow and Kuwait photos on the Laser Energetics website found below.
About Laser Energetics: Laser Energetics has and continues to develop a comprehensive and strategic product line of Dazer Lasers® and laser products that address laser applications in Industry, Science, Medicine, Homeland Security and the Military. The Company has had a primary focus on its Dazer Laser® - Light Fighting Technologies as well as its Alexandrite laser technology. More information about the company is available on the Internet at www.laserenergetics.com .
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.