SOURCE: Brazilian Mining Corporation

July 14, 2010 08:30 ET

Terrax Adds Technology to the Theia System to Take Advantage of the 250Million Dollar "Stand-Off" Security Market

GARDNERVILLE, NV--(Marketwire - July 14, 2010) -  Brazilian Mining Corporation (PINKSHEETS: BRZM) -- Terrax, Inc., a fully owned subsidiary of Brazilian Mining Corporation, announces Terrax has moved to expand its overall product line to include additional functionality in real time. The four product groups outlined below are now combined with the capability to deliver data over secure networks in real time.

  • Uniform Encoding, a system for determining the authenticity of the wearer.
  • 3D Facial recognition: a system providing facial database matching in real time 3D
  • Thermal Image Analysis: a system to detect small variations in temperature of selected targets, warning of anomalies
  • Hyperspectral Imaging: a system to detect chemical signatures at a safe stand-off distance from a checkpoint
  • Secure Networking, a system providing secured coded data transfer path between Theia systems to a central operator or operations.

Collectively these components, acting together or separately give confidence to the operator that the vehicle or individual being scanned is either a security threat, not a threat, or if additional screen is required. These systems components are designed to be at the forefront of protecting civilian lives in the regions where they will be deployed. The Theia System represents a market size of over 250M dollars in 2010, 2011, of which Terrax has currently negotiated contacts for over 25M and is actively looking to close another 50M. Murray Owen, President of Terrax, stated, "With the additional security functionality added to the Theia system, we now can provide the customer with a single solution for 'Stand-Off' security. The security addition will allow us to expand the market for the Theia system into the network operations of center for security monitoring."

About Terrax
Founded in 2000, Terrax is a solutions integrator of image data and Hyperspectral imaging to provide real time detection and alert systems for civilian applications. More information can be found at http://www.terrax.us

About Brazilian Mining
Brazilian Mining focuses on evaluating various potential acquisitions. Previously, it engaged in exploring and mining diamond properties in Brazil. Terrax, Inc. is now a fully owned subsidiary of Brazilian Mining Corporation. The company is based in Gardnerville, Nevada.

Forward-Looking Statements: This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," "forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, not guarantees of Brazilian Mining Corporation future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • For further information please contact:
    Michael J. Dillon
    (775) 782-9157
    http://www.brazilianmining.net/
    Brazilian Mining Company
    1528 Highway 395 N, Suite 206
    Gardnerville, NV 89410