SOURCE: Cyber Defense Systems Inc.

June 13, 2006 10:24 ET

Proxity-EC to Start Massive Marketing Campaign

The PECS Database Service Provides Subscription Clients With All Data Needed to Bid on Government Contracts, and an Email Alert Service That Provides Same Day Awareness to Contractors of Open Solicitations

VIRGINIA BEACH, VA and NEW ORLEANS, LA -- (MARKET WIRE) -- June 13, 2006 -- Proxity, Inc. (PINKSHEETS: PRXT) announced today that Proxity Electronic Commerce Systems LLC (Proxity-EC) has started a campaign to raise awareness of the PECS Database System's capabilities to all major Government contractors in the U.S. and abroad.

The PECS Database service provides its client with all data needed to bid on Government contracts including an email alert service that provides same day awareness to contractors of open solicitations that fit the contractor's profile of products that may meet the Government's requirements.

Barry Nelsen, CEO of Proxity-EC, stated, "Today we sent over 5,100 emails to Government contractors capable of bidding on 28,000 open solicitations." Mr. Nelsen commented further, "We will, for the next ten days, email any and all companies who meet or exceed the requirements published by the Government on roughly 2,000 to 5,000 daily solicitations Also, in order to raise awareness of our alert service, we will email a 'Congratulatory' message to the 2,000 to 5,000 companies who each day receive awards from the Government, this being done the same day the award is made by the Government, in order to demonstrate to the contractors the dynamic ability of the PECS Database System to monitor Government solicitations."

Proxity-EC provides logistics data on 12,000,000 commercial parts as well as the award history on over 22,000,000 historical Government awards on 6 million National Stock Numbers built by 165,000 companies, technical characteristics on 4 million parts as well as the price paid by the Government and the price the Government charges its fighting forces after administrative fees are applied. The PECS Database provides all Non-classified Military and Federal Specifications and Standards and Non Government Standards. Proxity-EC is the only company providing all the databases as well as the alert service for a monthly price of $120.

The DoD and Federal Agencies typically send out 4,000 to 6,000 competitive solicitations every day. Proxity-EC monitors all of these for clients and provides all associated material the user may require to bid on the product or service being solicited by the government. The PECS Database System focuses its marketing attention on large purchasing entities within the federal sector, such as the Defense Logistics Agency (DLA), who can also take advantage of its database to expand the number of potential suppliers, which has decreased dramatically over the past ten years. Over the last ten years the DLA has gone from using over 150,000 vendors to relying more on wholesalers and prime contractors to acquire over half of the $11.6 billion in products purchased annually.

Mr. Nelsen estimates that the DOD could save $2-3 billion annually if its vendor base were expanded and competition increased. The PECS Database has the potential to facilitate logistics connectivity directly between the war-fighter and the manufacturer by eliminating steps and costs in the acquisition process.

About Proxity

Proxity, Inc. (PINKSHEETS: PRXT) is a developmental holding company specializing in the deployment and marketing of security protection technology and government contract fulfillment. Proxity formed Proxity Electronic Commerce Systems, LLC and owns 47.5%. The company also owns approximately 16,500,000 shares of Cyber Defense Systems, Inc. (OTCBB: CYDF). Proxity seeks to acquire and develop both internet based business opportunities and security technology. The Company plans to enter into developmental, teaming and exclusive and nonexclusive marketing and distribution agreements with products developed for Government, commercial, military and homeland defense areas.

About Proxity Electronic Commerce Systems, LLC (Proxity-EC)

Proxity-EC was founded in 2005 with the goal of becoming the leader in providing information systems dealing with Government logistics databases and vendor awareness of business opportunities in selling both to the Government as well as industry. The founders of Proxity-EC, developers of the PECS Database, are the originators of the current systems of logistics used by industry and the Military including FEDLOGS, Haystack and the ILI Logicom parts database.

The PECS Database provides information on 12 million parts, their suppliers, Government specs and standards as well as non-Government standards, which are linked from the database to the cited standards. The system also provides an alert service on sales opportunities to the Government's 400,000 contractors as well as requisite data used by the Military. For more on Proxity-EC, go to:

Forward-Looking Statements:

This release contains statements that constitute forward-looking statements. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may,'' "would,'' "will,'' "expect,'' "estimate,'' "anticipate,'' "believe,'' "intend,'' and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control and those actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

Contact Information

  • Contact:
    Proxity Electronic Commerce Systems, LLC
    Barry Nelsen

    Osprey Partners
    Mike Mulshine
    Office: 732-292-0982