WILMINGTON, Del., Dec. 6 /PRNewswire-FirstCall/ -- PSI-TEC Corporation
(http://www.psiteccorp.com), a wholly owned subsidiary of PSI-TEC Holdings,
Inc. (Pink Sheets: PTHO), announced today the filing of two additional
patents, completing its near-term patent portfolio for next-generation
broadband and satellite reconnaissance (i.e. homeland security)
telecommunication technologies. These two patents embody groundbreaking
technologies necessary for internally stabilizing previously patented high-
speed telecommunication materials ("electro-optic plastics").
Calculations on PSI-TEC's novel electro-optic plastic designs,
independently performed at NAVAIR (Naval Air Warfare Center Weapons Division;
China Lake, CA) government laboratories, suggest that PSI-TEC's materials will
perform two and a half (2.5) to three and three-tenths (3.3) times more
efficiently than current high-performance electro-optic plastics. Subsequent
review by top scientists and engineers at Wright-Patterson Air Force Base
(AFRL; Dayton, OH) resulted in the conclusion that, "PSI-TEC's molecular
designs show promise of a five to ten times improvement over existing
commercial polymeric architectures."
The implementation of telecommunication performance improvements of this
magnitude is considered to be revolutionary by industry standards. Such
technologies are vital for the success of future high-end military
reconnaissance (homeland security) technologies such as those currently being
recommended in the development of the military's next-generation Internet
(NY Times, 11/13/04, "Pentagon Envisioning a Costly Internet for War;" online
at http://www.nytimes.com or
"Next-generation military Internet, known as the Global Information Grid
or GIG, is proposed to afford soldiers a real-time 'bird's-eye view' of the
battlefield providing all U.S. commanders and troops a moving picture of all
foreign enemies and threats," said Fred Goetz, President and CEO of PSI-TEC.
"The development of the GIG presently faces several 'technological hurdles,'
many of which we at PSI-TEC believe may be effectively resolved through the
use of our newly patented technologies."
The key to producing commercial and military quality electro-optic
plastics lies almost entirely in the production of environmentally stable
materials. "Today's plastics are not inherently unstable entities," Goetz
explained. "When they were first widely introduced in the 1950s, they were of
lesser quality and would often melt after prolonged exposure to sunlight.
But, today they are far more resilient and durable, and significantly cheaper,
than glass and many metals. On a fundamental level, we are merely proposing
the application of these same well-known technologies to the production of our
next-generation electro-optic plastics." PSI-TEC's recent patents propose a
unique and eloquent molecular-level engineering strategy (i.e.,
nanotechnology) for the natural union of these two aspects of material
Government statements by NAVAIR and AFRL officers were made in conjunction
with an NSF (National Science Foundation) proposal after review of PSI-TEC's
technology during PSI-TEC's prior involvement in DARPA's (Defense Advanced
Research Projects Agency) MORPH (Molecular Photonics) program. MORPH is a
subdivision of DARPA's C2OI (Chip-to-chip Optical Interconnect) project.
PSI-TEC Corporation is a developmental stage company that engineers
next-generation electro-optic (EO) plastics for future applications vital to
modern commerce, homeland security, and medical technology. PSI-TEC's
proprietary electro-optic plastics are produced at the molecular level for
superior performance, stability and cost-efficiency and are expected to
replace more expensive, lower-performance materials used in fiber-optic
ground, wireless and satellite communication networks.
Safe Harbor Statement
The information posted in this release may contain forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995. You can identify these statements by use of the words "may," "will,"
"should," "plans," "expects," "anticipates," "continue," "estimate,"
"project," "intend," and similar expressions. Forward-looking statements
involve risks and uncertainties that could cause actual results to differ
materially from those projected or anticipated. These risks and uncertainties
include, but are not limited to, general economic and business conditions,
effects of continued geopolitical unrest and regional conflicts, competition,
changes in technology and methods of marketing, delays in completing various
engineering and manufacturing programs, changes in customer order patterns,
changes in product mix, continued success in technological advances and
delivering technological innovations, shortages in components, production
delays due to performance quality issues with outsourced components, and
various other factors beyond the Company's control.
For additional information contact: Mike Queen (302) 998-8824.
SOURCE PSI-TEC Corporation