SOURCE: Market Pulse

November 05, 2007 08:30 ET

Market Pulse Breaking News Alert for Monday, November 5, 2007: FLCN - Falcon Technologies Announces Record Backlog of $14.0 Million!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Market Pulse.

ATLANTA, GA--(Marketwire - November 5, 2007) - Market Pulse News Alert for this AM, Stocks to Watch are: Falcon Technologies Incorporated (PINKSHEETS: FLCN), Apple Inc. (NASDAQ: AAPL), Microsoft Corp. (NASDAQ: MSFT) and Ford Motor Co. (NYSE: F).

Investors need to be watching Falcon Technologies Incorporated (PINKSHEETS: FLCN) this AM! Falcon Technologies is a leading provider of design-build services in the following infrastructure segments: Telecom/Data/Wireless Communications, Electrical, and Fire/Life Safety. The company provides these lines of business to the Commercial/Industrial Sector, Fortune 1000 companies, and Federal, State, and Local governments. Falcon Technologies recently completed its acquisitions of an Electrical infrastructure provider, Tenetix, Inc. doing business as Davis Electric, and Conesco, Inc., a Telecom/Data infrastructure provider. An additional pending acquisition, Company "A", a Fire/Life Safety Systems infrastructure provider, is under letter of intent and the company plans to close upon completion of the financing. Davis Electric's preliminary, un-audited 2006 results indicate revenue of $6.9 million. Conesco provides complete state-of-the-art design, consultation, and installation of commercial and industrial flooring systems. Conesco's audited 2006 results indicate revenue of approximately $2.7 million. Company "A" provides design-build and installation of complex Fire/Life Safety Systems. Their customers include National General Contractors, Federal/State governments, Universities/Schools, large Commercial/Industrial clients. Preliminary un-audited 2006 results indicate revenue of $12.8M. Davis Electric, Conesco, and Company 'A" have established strong customer relationships with various companies including General Dynamics, Verizon, SBC Communications, Comcast, and EDS, just to name a few. Falcon Technologies is continuing to set new standards for customer's service and satisfaction. Expanding their portfolio of business with companies that leverage its core competencies is key to their success. FLCN will continue to be innovative and efficient using economies of scale and collaboration to enhance their growth. With continued growth and expansion, the synergy of Falcon Technologies will provide even greater opportunities for its customers. And in an era of consolidation, the company expects expansion and revenue growth to take them well beyond where they are today. FLCN is poised to become a significant player in the IT infrastructure industry! FLCN just had excellent news out in a press release before today's opening bell announcing that the company's backlog of projects reached a record $14.0 million as of October 31, 2007! Investors should be watching this one closely!

Falcon Technologies Incorporated (OTCPK: FLCN), a leader in design-build infrastructure services, is pleased to announce that the Company's backlog of projects reached a record $14.0 million as of October 31, 2007. This represents a 41% increase from the Company's reported backlog of $9.9M as of August 31, 2007. In addition, the Company's opportunity log of projects, which consists of projects currently under review by the Company or for which the Company expects to submit a proposal, is approximately $65.0 million as of the same date. The opportunity log is comprised of commercial and industrial projects throughout California and Nevada, which if acquired, would represent revenue for the Company during the years ended December 31, 2008-2009.

"We are extremely pleased with our progress during the second and third quarters of 2007," commented Mr. William Delgado, Chief Executive Officer of Falcon Technologies, Inc. "Our ability to win significant contracts, including those recently announced totaling $4.0 million demonstrates the strength of our business model and continued demand for our solutions. In addition to bringing our backlog to a record level of $14.0 million, we expect our client base to continue to grow as we expand throughout the western United States."

About Falcon Technologies Incorporated:

Falcon Technologies provides design-build services in the following infrastructure segments: Tel/Data Communications, Electrical, and Fire/Life Safety. The company provides these services to the Commercial/Industrial Sector, Fortune 1000 companies, and Federal, State, and Local government. For more information please visit http://www.falconti.net.

Stocks in the news and acting well as of late include: Apple Inc. (NASDAQ: AAPL), Microsoft Corp. (NASDAQ: MSFT) and Ford Motor Co. (NYSE: F).

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