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COVINGTON, Ky., Feb. 17, 2012 /PRNewswire/ --
Valley Forge Composite Technologies, Inc. (OTC BB: VLYF), developer of state-of-the-art detection systems, including the
THOR LVX photonuclear detection system, today announced that it has engaged
Hayden IR, a respected, national investor relations firm, to develop and implement a strategic investor relations program. Hayden IR will work with the management of Valley Forge in an effort to increase the Company's visibility and strengthen its relationships with the investment community.
"We are at an inflection point in the development and commercialization of our
THOR LVX photo nuclear system, which is technology that significantly enhances the accuracy and speed of threat detection," commented
Louis Brothers, president and chief executive officer of Valley Forge Composite. "Accordingly, we believe this is an ideal time to retain a national investor relations firm to ensure we are communicating effectively with current and potential shareholders and help us target additional investors who may be interested in the potential of our technology."
With offices in
San Diego, Hayden IR provides a comprehensive range of investor relations services to a growing list of clients. For more than a decade, Hayden IR has been a recognized leader in driving market recognition and creating sustainable competitive advantages for more than 200 micro- and small-cap companies. Hayden delivers expertise and professionalism in such areas as investor management, relationship building, awareness campaigns, online presence and corporate identity.
Jeffrey Stanlis, a Partner in Hayden IR, commented, "Valley Forge has developed and is aggressively commercializing ground-breaking technology, capable of detecting explosives, IED's, landmines, fissile material, narcotics, targeted chemical and biological agents by comparing molecular composition to contraband composition in a database. Going far beyond imaging technology to provide a more accurate and efficient method of screening entry into secure areas and protecting citizens, this revolutionary concept represents a compelling opportunity for investors and we want potential and long-term investors to understand the full ramifications of this exciting value proposition and Valley Forge's corporate story. The Company's core business, based primarily on its momentum wheel line of products, provides a platform to launch the game-changing
THOR LVX system. We believe investors will ultimately recognize that current valuations are based only on the legacy momentum wheel business, not giving any value to the exciting
THOR LVX system. We believe this creates a compelling opportunity."
About Valley ForgeValley Forge Composite Technologies, Inc., through its subsidiaries, develops, manufactures, and markets detection systems primarily in
the United States. The company offers THOR LVX, a photonuclear detection system; and ODIN, a passenger weapons scanning device. These products consist of detection capability for illicit narcotics, explosives, and bio-chemical weapons hidden in cargo containers. It also engages in the design and manufacture of attitude control instruments for small satellites. Valley Forge Composite Technologies, Inc. was founded in 1996 and is headquartered in
Covington, Kentucky. More information about Valley Forge Composite Technologies, Inc. can be found at
Forward-Looking StatementThe 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-K for the year ended
31 December, 2010 as filed with the U.S. Securities and Exchange Commission, entitled 'Business,' 'Management's Discussion and Analysis of Financial Condition and Results of Operations' and 'Risk Factors.' 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. 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.
Investor Relations Contact: Hayden IR
Brett Maas Phone: 646-536-7331 Email: