For Immediate Release:
February 26, 2005
Hawk Protection Systems, Inc. Announces 3 for 1 Forward Stock Split
/24-7PressRelease.com/ - MADRID, Spain - February 26, 2005--Hawk Protection Systems, Inc. (OTC.PK: HWPR), a provider of explosives detection technologies, mobile surveillance systems, and security services announced today that the Board of Directors approved a 3 for 1 forward split of the Company's common stock.
The effective date of the split is intended to be March 1, 2005 to be March 1, 2005 for all shareholders of record as of February 22, 2005.
"We believe the forward stock split will improve trading liquidity, broaden ownership, and enhance shareholder value. The split is a clear indication that we feel strongly about our company going into the future and this move will facilitate our growth as a company." said John Altes, Founder and CEO of Hawk Protection Systems, Inc.
Hawk Protection Systems, Inc. is in the business of researching, developing, and engineering a wide range of security products and systems that are intended for use by government, military, and law enforcement agencies worldwide, as well as commercial security professionals. Hawk Protection Systems, Inc. business activities include: Explosives Detection, Contraband Detection, Chemical Detection, Mobile Surveillance Systems, Defense Engineering, Defense Consulting, Laser Technologies, Model Simulation, and Sales Representation.
The Current share structure of the company is as follows:
Shares O/S: 15,000,000
Public Float: 2,500,000
Hawk Protection Systems, Inc. currently has 3 products in production or in final stages of development:
AJETD (Air Jet Explosives Trace Detector):
A state of the art explosives and contraband detector that utilizes a unique explosives detection technique known as: Trace Detection. The AJETD system uses air jets to blow molecules off a subject's skin, clothes, luggage, or any other substance that comes through into a detector which analyzes the vapors that are sent through and alerts the operator to any dangerous readings.
DSR (Detection and Surveillance Robot):
The Hawk Protection Systems, Inc. DSR (Detection and Surveillance Robot) is a heavy duty remote controlled robot that can be used in extreme situations as a surveillance, explosives detection, and rescue mission device. It provides its user with remote controlled senses. The DSR was developed in conjunction with European protection agencies according to their needs.
DETECTrack (in Development):
The DETECTrack system will create a geographical map of railroad tracks comprised of proprietary explosives sensors which will be installed along the tracks. These sensors will relay data back to a command center in real time and provide the monitoring personnel a detailed read of what is happening along each and every kilometer of train tracks.
About Hawk Protection Systems, Inc.
Hawk Protection Systems, Inc. is in the business of researching, developing, and engineering a wide range of security products and systems that are intended for use by government, military, and law enforcement agencies worldwide, as well as commercial security professionals. Hawk Protection Systems, Inc is dedicated to providing only the best products and services that will make a difference in the war on terrorism worldwide.
For more information about the Company and its products, please visit http://www.hawkps.com
This press release contains "forward-looking" statements as that term is defined by Section 27A of the Securities Act of 1933, as amended, (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended, (the "Exchange Act"). All statements that are included in this press release other than statements of historical fact are "forward-looking" statements. Although management believes that the expectations reflecting in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward-looking statements contained in this press release.
Source: Hawk Protection Systems Inc.
Hawk Protection Systems, Inc is a featured Company on HomelandDefenseStocks.com.
For more details, click here: http://www.investorideas.com/CO/HWPR/Default.asp
Contact:
Hawk Protection Systems Inc.
Jeff Sherman, 1 888 HWPR IR1 (4977471)
ir@hawkps.com
This press release contains "forward-looking" statements as that term is defined by Section 27A of the Securities Act of 1933, as amended, (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended, (the "Exchange Act"). All statements that are included in this press release other than statements of historical fact are "forward-looking" statements. Although management believes that the expectations reflecting in these forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward-looking statements contained in this press release.
---
Press release service and press release distribution provided by http://www.24-7pressrelease.com# # #
Read more Press Releases from Dawn Van Zant:
