MERCERVILLE, N.J., Jan. 20, 2011 (GLOBE NEWSWIRE) -- Laser Energetics, Inc. (Pink Sheets:LNGT) announced today that the Company has executed a sales contract with Lehigh Valley Health Network. Lehigh Valley Health Network will be conducting a Dazer Laser Tactics Program with the Dazer Laser® Guardian to determine how to effectively deploy this technology within its hospital system.
Robert D. Battis, CEO of Laser Energetics, stated, "This technology provides the perfect solution for security within the hospital system. The vision of management to use this technology at The Lehigh Valley Network should be applauded. Their network consists of 3 hospitals and has many connections to other healthcare networks. We should deliver the order in the March/April period and look forward to the feedback we receive from the Lehigh Valley Health Network".
Gerald Kresge, Director Corporate Security for Lehigh Valley Health Network, stated, "The Dazer Laser® Guardian was designed to be a Non Lethal – Less Violent™ technology, hence it will fit perfectly within the hospital system to provide security in a humane way that is representative of hospital policy. We look forward to developing tactics to effectively deploy this technology designed to prevent injury to patients and staff."
About Laser Energetics:
The Company has a primary focus on its Dazer Laser® – Light Fighting Technologies, the "Ultimate Non-Lethal – Less Violent®" Weapons Serving Humanity, its Alexandrite Laser technology and its applications associated with Remote Sensing, Pill Marking, and Photo Acoustic Imaging. In addition, the company is focused on its Total Reflectance Transmitter (TRT) technology. 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. More information about the company is available on the Internet at .
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.
CONTACT: Laser Energetics, Inc. Investor Relations Dan Schall - (609) 610-4095
