DEL MAR, CA -- (MARKET WIRE) -- 04/21/04 -- Eyemakers, Inc. (OTC:
EYEM) announced today that its has completed its first acquisition in
the Homeland Defense Market by acquiring all the assets of Homeland
Security Technology, Inc. (HSTI). Additionally, Colonel Jeffrey A.
Powers (USMC Retired) has been tapped to lead the company into the
rapidly expanding Homeland Defense market.
"After extensive strategies sessions with Colonel Powers about his
vision for the future of Homeland Defense and Security, it was decided
to rapidly proceed and close this acquisition in record time. Colonel
Powers has extensive experience in special operations with the Marine
Corps and with the US Army Special Forces. He is also experienced in
mechanized warfare and has worked in the US, the Middle East and
Europe to include Operation Desert Shield and Desert Storm. Much of
his experience involved state, federal and local police interaction,"
commented Mr. Ernest Remo, CEO of Eyemakers, Inc.
"HSTI has evolved into a business from my many years of military
experience and dozens of contacts both with the defense contractor
industry and with active duty military. Currently, we are in active
negotiations with several defense contractors squarely the face of
the current homeland security market. These companies are established
operating concerns and we are in late stage discussions to either
acquire them or form strategic alliances to market, distribute and
design gear for the military. The most promising sector from the
special operations point of view is finding technology that will
protect military personnel in urban warfare situations. We are
aggressively looking at technology in wireless surveillance robotics,
non-lethal weaponry and hi-tech infantry gear," stated Colonel
Powers. "I am extremely excited about getting HSTI off and running
and it is anticipated that further developments will be publicized
shortly," concluded Colonel Powers.
ABOUT HOMELAND SECURITY TECHNOLOGY, INC. (HSTI)
HSTI is a developmental stage company based in north county San
Diego. HSTI is a division of a public company, Eyemakers, Inc. (OTC:
EYEM). HSTI's mission is to develop and commercialize technology
focused on providing increased security for both civilian and
military personnel throughout the world. Under the Leadership of
Colonel Jeffrey A. Powers USMC (Ret) HSTI seeks to assemble a
portfolio of technology and services through alliances with
established defense related companies and through internal
development that can be brought to market in a cost efficient and
timely manner.
2005 Homeland Security Market
Recent press reports have indicated that President Bush has proposed
a 14.4% increase in spending for the Department of Homeland Security
to $47.4 billion. The request for total military spending was slated
at $402.6 billion. Highlights of the 2005 budget include: $3.2
Billion for Future Combat Systems an Army program developing military
gear for soldier to use in combat situations. $890 million was
budgeted for aviation security measures such as bomb detection
machines and air marshal training. The Justice Department is to
receive a 242% budgetary increase from 2001 levels to $22 billion for
counter-terrorism and homeland defense efforts allocating more than
2,600 FBI agents for counter-terrorism efforts.
Colonel Jeffrey Powers USMC (retired) has recently retired from the
US Marine Corps achieving the rank of Colonel. He is veteran of
Operation Desert Shield/Storm where he commanded a 1200 man Task Force
into Saudi Arabia as part of the lead Marine Corps contingent in
Desert Shield. Colonel Powers was decorated for valor while serving
as Operations Officer for the lead Task Force into Kuwait.
Additionally, Colonel Powers held command assignments in Marine
reconnaissance, light armor reconnaissance, a Dutch Marine rifle
company, a US Army Special Forces (Green Beret) training company, as
well as officer in charge of Special Operations Training Group for
the Marines on the west coast. He commanded two Light Armor
Reconnaissance Battalions. Following retirement from the Marine
Corps, Colonel Powers worked as an analyst for the US Army's Future
Combat Systems at Boeing. Colonel Powers has over 26 years experience
in training, motivating, and directing multinational, civilian, and
military personnel. He developed combat proven techniques utilized to
build cohesive teams capable of rapid planning and response in any
high stress environment. Experienced in leading and teaching several
thousand personnel to include military, law enforcement and corporate
groups. Highly regarded as a charismatic leader and instructor.
Continuously sought for leadership and motivational speaking
engagements, in addition to numerous course work and continuing
education throughout his military career, Colonel Powers is a
graduate of Villanova University with a BA in Criminal Justice, an MS
in Urban and Environmental Studies from Renselaer Polytechnic
Institute and an M.A. in National Security and Strategic Studies,
Naval Warfare College, Newport, Rl.
This press release contains forward-looking statements pursuant to
the "safe harbor" provisions of the Private Securities Litigation Act
of 1995. These statements include risks and uncertainties that may
make the company's plans to change and are in no way intended to
guarantee that the company will be successful in executing its plans.
Eyemakers, Inc.'s common stock currently trades on the
over-the-counter "Pink Sheets" under the symbol "EYEM." This press
release in no way constitutes any recommendation regarding the
securities of Eyemakers, Inc., or its affiliates. Though its
securities are publicly traded, Eyemakers has failed to comply with
its obligations to make periodic filings with the U.S. Securities and
Exchange Commission. Accordingly, the nature and extent of information
usually available to the public regarding companies whose securities
are publicly traded are not available regarding Eyemakers, Inc. Any
person reading this press release is advised that this release should
be considered in light of all facts and circumstances regarding the
business and financial condition and prospects of Eyemakers, Inc.,
and no inference is made in this release contains all such
information.
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