SOURCE: Laser Energetics, Inc.
MERCERVILLE, NJ--(Marketwire - Jul 12, 2012) - Laser Energetics, Inc. (PINKSHEETS: LNGT) today announced that they received an initial order of Dazer Laser® GUARDIANS and accessories from an international distributor based in Japan. Laser Energetics has received 50% of the monies for this order and will receive the other 50% once delivery to the end user is completed.
Robert D. Battis, CEO, President and Founder of Laser Energetics, Inc., declared, "We again have received a first of what we believe to be many more orders of our World Class Dazer Laser® GUARDIANS from one of our international distributors. This distributor (who chooses not to be named) is very well regarded in the security world in this part of Asia. The Dazer Laser® GUARDIAN is the only optical/ocular distracter product in the world that incorporates LEI's Patent Pending Variable Range and Focus technology, that allows the enforcer to Safely & Effectively operate the Dazer Laser® Guardian from 1-1000 meters. We anticipate many more sales soon, from additional distributors, countries and our own Law Enforcement as well as the US DoD and Federal Government Agencies."
Laser Energetics is pleased to state that over the next few weeks there will be a series of announcements on a variety of fronts to bring all of its current and future shareholders up-to-date on the Company. Currently, the LEI Team is extremely focused on growing its Dazer Laser® business, product line and production capacity. LEI is heavily involved in many US Military and Federal Government Agency programs that will bring great success to our company in the near term. The Dazer Laser® product line has become the focus for the next generation of Optical/Ocular Distracters in the marketplace. LEI is being positively recognized via the numerous US Military demonstrations and evaluations, as the "game changing" technology for pending contracts the company is engaged in and is being considered for. The company is expanding our manufacturing capabilities for the Dazer Laser®.
In addition, the company continues to expand its technology with new inventions to be announced shortly along with the acquisition of pertinent new technologies that LEI will report on shortly, which will greatly expand our business.
Stay tuned over the next several weeks as the company will be making multiple announcements that specifically provide information on the different topics mentioned above. We thank everyone for their support, and we look forward to sharing these extremely exciting updates with all of you.
About Laser Energetics, Inc.:
Laser Energetics has and continues to develop a comprehensive and strategic laser product line that addresses laser applications in Industry, Science, Medicine, Homeland Security and the Military. The Company has had a primary focus on its Alexandrite laser technology as is featured in the Dazer Laser® product line.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.