Patron Announces Creation of Advisory Board
CHICAGO, Jan. 7 /PRNewswire-FirstCall/ -- Patron Systems, Inc. (Pink Sheets: PTRS), a development stage company consolidating a comprehensive set of homeland security compliant technologies and services, is pleased to announce the constitution and initial membership of its Advisory Board. Notable expertise in Homeland Security and related Information Technology policy formation, operations planning, and execution are among Patron's principal membership criteria. This initial Advisory Board is expected to become an invaluable resource respecting Patron's pending consolidation of its merger and acquisition platform offering a unique, comprehensive, best of breed software solution set respecting the enterprise-wide regulatory and compliance requirements of information assets to major corporations, and governments at the municipal, county, state and Federal levels. Constituting Patron's Advisory Board are Major General (Ret.) Michael W. Davidson, Major General (Ret.) Bruce M. Lawlor, and Donald O. Clark, Esq. General Michael Davidson, Managing Director, International Capitol Partners, LLC, is a senior homeland defense and homeland security advisor with the Pentagon and Department of Homeland Security. General Davidson's military career concluded with six years on the Pentagon Joint Staff, as Assistant to the Chairman of the Joint Chiefs of Staff. General Davidson was also Deputy Commander in Chief for Mobilization and Reserve Affairs, U.S. Special Operations Command; Deputy Commanding General for the National Guard, U.S. Army Special Operations Command; and the Adjutant General of the State of Kentucky. Since retiring from active duty in 2001, General Davidson has participated in key Pentagon and Homeland Security sponsored projects. General Davidson also presently serves as a member of various Boards of Advisors, including Northrop Grumman Electronic Systems. General Bruce Lawlor is Chairman & Chief Executive Officer of Community Research Associates, Inc., a leading provider of comprehensive Homeland Security and Emergency Management services to municipal, county, state, federal agencies, and private sector global organizations. General Lawlor, as one of five senior White House staff members, drafted the organizational plan creating the United States Department of Homeland Security, and served as its initial Chief of Staff. General Lawlor was also Senior Director for Protection and Prevention, White House Homeland Security Council; and the first Commanding General, Department of Defense, Joint Task Force-Civil Support. General Lawlor presently serves as a member of the Homeland Security Advisory Council ("HSAC") to the United States Department of Homeland Security. Donald Clark, Esq., is a prominent senior attorney with broad experience in international business, transactional, tax, operations, planning, contracts, and investments. Mr. Clark is a retired Partner of Reed Smith LLP, in Washington, D.C., where he also served as Deputy Director of that firm's Business and Finance Department with senior responsibilities for banking, securities, corporate, tax and international practices. During his legal career, Mr. Clark conducted comprehensive public and private sector transactions, including tax planning and negotiations in most of the world's major countries on behalf of or with major domestic and foreign corporations, and governments. This experience was focused principally in substantive matters related to governmental affairs and homeland defense. These distinguished individuals, together as an Advisory Board team, offer their credentialed expertise principally in specific Homeland Security related compliance respecting municipal, county, state, and Federal regulatory applications. Forward-Looking Statements This release contains statements that are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current estimates and projections about Patron Systems' business, which are derived in part on assumptions of its management, and are not guarantees of future performance, as such performance is difficult to predict. Examples of forward looking-statements include (i) projected use of proceeds from the sale of common stock, (ii) projected acquisitions, mergers and strategic transactions, and (iii) completion of Patron's acquisition strategy. Actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors. Such factors include, but are not limited to, the Company's ability to complete the proposed business combinations, the Company's ability to execute effectively its business plan and acquisition strategy, changes in the market for information security solutions, changes in market activity, the development of new products and services, the enhancement of existing products and services, competitive pressures (including price competition), system failures, economic and political conditions, changes in consumer behavior and the introduction of competing products having technological and/or other advantages. These and other risks are described in the Company's filings with the Securities and Exchange Commission, which should be read in conjunction herewith for a further discussion of important factors that could cause actual results to differ materially from those in the forward-looking statements. The Company assumes no obligation to update information concerning its expectations.
SOURCE Patron Systems, Inc.
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