The Honorable Jacques S. Gansler, Ph.D., a former Under Secretary of defense, is a Professor and Director of the Center for Public Policy and Private Enterprise at the University of Maryland's School of Public Policy. Before serving as the Under Secretary of Defense for Acquisition, Technology and Logistics, he was executive vice president of TASC Inc. He holds a bachelor's degree in electrical engineering from Yale University, a master's degree in electrical engineering from Northeastern University, a master's degree in political economy from New School for Social Research, and a Ph.D. in economics from American University.General Gary E. Luck is a retired four-star U.S. Army general. A 1959 graduate of Kansas State University, Gen. Luck's last military assignment before retiring from active duty was Commander-in-Chief, United Nations Command/Combined Forces Command, Korea. He was also an advisor to Tommy Franks prior to the US led invasion of Iraq in 2003 and served as Commanding General of the XVIII Airborne Corps (1990-93) in the Gulf War under Norman Schwarzkopf, Jr. Before taking that command, he served as commander of the Joint Special Operations Command (JSOC) with the rank of Major General from 1989 to 1990. Admiral Timothy J. Keating is a retired four-star U.S. Navy Admiral and was the Commander, U.S. Pacific Command prior to his retirement. Adm. Keating has commanded VFA-87, Carrier Group 5 and was Deputy Chief of Naval Operations for Plans, Policy, and Operations. He also served as commander of U.S. Naval Forces Central Command and U.S. 5th Fleet, was the Director, Joint Staff and was commander of North American Aerospace Defense Command and United States Northern Command. Admiral Keating graduated from the United States Naval Academy in 1971. Lieutenant General Emil R. "Buck" Bedard retired with over 37 years of active duty service. His last active duty position was as Deputy Commandant for Plans, Policies, and Operations, Headquarters, U.S. Marine Corps. He commanded the 7th Marine Regiment, was the Assistant Division Commander for the 1st Marine Division, and served as J-3 Operations Officer, Joint Task Force, Somalia. He also was the Deputy Commander, Marine Forces Pacific, and commanded the 2d Marine Division, and the II Marine Expeditionary Force. General Bedard graduated from the University of North Dakota. In addition to holding a M.S. degree, General Bedard's formal military education includes the U.S. Army Advanced Infantry Course, Armed Forces Staff College, and Army War College. Abou t Applied E n ergetics, Inc. Applied Energetics, Inc., based in Tucson, Arizona, currently specializes in development and manufacture of advanced high performance lasers, high voltage electronics, advanced optical systems, and integrated guided energy systems for defense, aerospace, industrial, and scientific customers worldwide. Applied Energetics pioneered the development of Laser Guided Energy(TM) (LGE(TM)) technology, and related solutions for defense and security applications. For more information about Applied Energetics, please visit www.appliedenergetics.com. "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Certain st a temen t s conta i ned i n this N e w s Release constit u te "forward-loo k ing s t a t e m e nt s " wi t h i n t h e m ean in g o f t h e P ri v ate Securitie s Lit i gati o n Reform A c t of 1995. Such forward-l o oking st a t ement s involve a num b er of known and unknown risks, unc e rtainties and othe r factor s w h i ch m a y ca us e the a ctu a l res ult s, perfor m ance or achieve m ents o f the C o m pa ny to b e materially d i f f erent fr o m any future results, performanc e or achieve m ents expressed o r implied by su c h forward- looking state m ents. Suc h facto r s include, b u t are not limite d to: t h e dependence on sal e s of a lim it ed n u mber of products a n d the unce r tain t y of t h e tim i ng a n d mag n i t u d e of government funding a n d orders, dependence o n sale s t o governm e nt cust o m ers; th e uncertainty of paten t protection ; the unce r tain t y o f s t rategic all i ances; th e uncerta i n t y of man a gem e nt te n ure; the impa c t of third - party sup p lier s ' manufacturing con s tr a ints or dif f ic u lt i es; m a na ge ment ' s ab i lity t o achieve busin e ss performance objectives, market acceptance of, and dem a nd for , th e Comp a n y' s product s , and resul t ing revenues ; development and test i n g of t e c h nology a n d products ; man u fac tur ing capabili t ies ; impa c t o f compet i t iv e products a n d pric i n g; lit i g ation and other r i sks detailed in t h e Comp a ny's fi l i n g s with t he Securities an d Ex c h ange Commissi o n . The words "loo k ing fo r ward , " "believe , " "m a y , " " p l a n," "seek,' "strate g y , " "dem o nstr a te," "i n tend , " " e xpect , " "c o nt i nue , " "c o nte mp late , " "est i m a te, " "a n tic ip ate , " " w i ll , " "li k ely" and simila r expressions identif y forward-looking statem e n ts. Reade r s are cautioned not t o pla c e un d ue rel i ance on these forwar d -looking s t atemen t s , whi c h spea k only as of the date th e stat e m ent wa s m ade . Applied Energ e tics underta k es no obligation to upd a te a ny forward - lookin g sta t ement s co n tained i n t h i s ne w s rel e ase. SOURCE Applied Energetics, Inc.