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Port and Border Security Update
Port and Border Security Update
Brought By Markland Technologies ( OTCBB: MKLD)
http://www.marklandtech.com
Senate bill backs port security upgrades
From CongressDaily
Port and Border Security Update
Brought By Markland Technologies ( OTCBB: MKLD)
http://www.marklandtech.com
Senate bill backs port security upgrades
From CongressDaily
Sen. Pete Domenici, R-N.M., unveiled legislation Wednesday that would spend $925 million over five years to upgrade the infrastructure and technology at the ports of entry along the borders with Canada and Mexico. After the Sept.11, 2001, terrorist attacks, Domenici said, the federal government passed legislation modernizing America's airports and seaports.
But he argued that it is now time to also do this along the borders, especially with all of the commerce that passes between these ports of entry.
Sens. Conrad Burns, R-Mont., Byron Dorgan, D-N.D., and John McCain, R-Ariz.-all of whom represent border states-joined Domenici in introducing this bipartisan bill, which is called the "Border Infrastructure and Technology Modernization Act." Rep. Jim Kolbe, R-Ariz., will introduce companion legislation in the house.
Markland Technologies (OTC: MKLD) is positioned in the security sector with integrated security solutions including border security and explosives detection. The Company's emerging technologies and expert services are focused solely to provide customers with the tools necessary to protect personnel, data and infrastructure assets. The Company is currently a member of the Homeland Security Industries Association <http://www.hsianet.org>
"Safe Harbor Statement"
Under the Private Securities Litigation Reform Act of 1995 Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of Markland Technologies officials during presentations about Markland Technologies, are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates", or similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future actions, which may be provided by management, are also forward-looking statements as defined by the Act.
Some of the factors that could significantly impact the forward-looking statements in this press release include, but are not limited to: insufficient cash flow to continue to fund the development and marketing of the Company's products and technology; a rejection of the Company's products and technologies by the marketplace, and; disputes as to the Company's intellectual property rights. Forward-looking statements are based upon current expectations and projections about future events and are subject to risks, uncertainties, and assumptions about Markland Technologies, its products, economic and market factors and the industries in which Markland Technologies does business, among other things. These statements are not guarantees of future performance and Markland Technologies has no specific intention to update these statements. More detailed information about those factors is contained in Markland Technologies filings with the Securities and Exchange Commission.
Contact:
Markland Technologies
Dawn Van Zant, ECON Investor Relations, Inc.,
1-866-730-1151 dvanzant@investorideas.com
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