Published:
Valley Forge Composite Technologies Aerospace Subsidiary to Introduce Satellite Space Platforms to Major Aerospace Companies and Universities
COVINGTON, Ky., July 17 /PRNewswire-FirstCall/ -- Valley Forge Composite
Technologies, Inc. (OTC Bulletin Board: VLYF) announced today the company's
plans to introduce a cost effective satellite space platform/bus. The new
platform/bus is sized for satellites up to 250kg. The bus is constructed of
carbon fiber and is strong, lightweight and affordable (the bus is a platform
containing all mechanical and electrical connections to facilitate satellite
assembly and integration). It is anticipated that the new bus can reduce costs
for satellite manufacturers while providing a high quality structure.
Louis Brothers, President of Valley Forge said, "The revenues that should
be generated from these buses will significantly impact revenues for Valley
Forge."
About Valley Forge Composite Technologies, Inc.
Valley Forge Composite Technologies, Inc. and its wholly-owned
subsidiaries are developers, manufacturers and worldwide distributors of
next-generation detection and aerospace systems.
Valley Forge Detection Systems, Inc. is "ready to go" with their LOKI
nuclear detection system and continues developing THOR LVX, an Advanced
Explosives Detection System capable of penetrating all shielding to detect and
identify explosives, nuclear material, narcotics and chemical and biological
agents. It uses photonuclear gamma ray technology to identify substances at
the molecular level. Expected markets include airports, seaports, cargo
terminals and border crossings.
Valley Forge Imaging, Inc. offers the ODIN Personnel Screening System,
which may be used in any market requiring personnel screening such as
airports, schools, government buildings, sporting events, and passenger ferry
terminals. It allows screeners to detect items such as explosives, weapons,
narcotics, gemstones, bundled currency and ingested items at a rate of
approximately 720 persons per hour without the need to remove coats, shoes or
personal belongings.
Valley Forge Aerospace, Inc. brings cutting-edge components and customized
solutions to the aerospace industry such as specialized, prototype Attitude
Control Instruments.
Valley Forge Emerging Technologies, Inc. exists to develop and
commercialize other unique and innovative technologies.
For more information on Valley Forge and its products, visit the corporate
website: http://www.vlyf.com
Forward Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for certain forward-looking statements. Statements in this press
release that relate to Valley Forge Composite Technologies, Inc.'s future
plans, objectives, expectations, performance, events, reports made by others,
and the like, including a statement about the assumptions underlying a
forward-looking statement, are forward-looking statements protected by the
safe harbor. Investors should understand that future events, risks and
uncertainties, individually or in the aggregate, are factors that could cause
our actual results to differ materially from those expressed or implied in our
forward-looking statements. These factors could include changes in economic
conditions or government policies that may change the demand for the Company's
products and services and could include other factors discussed in the
sections of the Company's report on Form 10-KSB for the year ended December
31, 2006 as filed with the U.S. Securities and Exchange Commission, entitled
"Description of Business" or "Management's Discussion and Analysis or Plan of
Operation." This release is comprised of interrelated information that must be
interpreted in the context of all of the information provided and care should
be exercised not to consider portions of this release out of context. Valley
Forge Composite Technologies, Inc. uses paid services of investor relations
organizations to promote the Company to the investment community. Investments
in the Company should be considered speculative, and, prior to acquisition,
should be thoroughly researched. Valley Forge Composite Technologies, Inc.
does not intend to update these forward-looking statements prior to its
reporting of its quarterly or annual results.
Contact Information:
Katie Robertson, Investor Relations
Valley Forge Composite Technologies, Inc.
50 E. River Center Blvd. Suite 820
Covington, KY 41011
Tel. 859-581-5111
Fax 859-581-5116
or info@vlyf.com
SOURCE Valley Forge Composite Technologies
Copyright © 2008, PRNewswire
Copyright © 2008, NewsBlaze,
Daily NewsTags: Aerospace and defense, VOIP, Phones and Telecommunications, Computers and Electronics, High Tech, kentucky, ohio
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