Ionatron, Inc., (Nasdaq: IOTN) a Laser Guided Energy (LGE�) company developing next generation Directed Energy Weapons, today announced that the U.S. Navy has posted a notification on the Federal Business Opportunities website (www.fbo.gov) regarding the award of a sole source contract regarding Ionatron�s proprietary Counter IED (CIED) technology. The posting of this information is a federal contracting requirement prior to contract award. The contract value is approximately $0.5 million dollars. As described in the Solicitation Notice released by the U.S. Navy on April 26, 2007 this contract funded the initial development of a Dual Effects, Stand-Off IED Neutralization System (DESINS) to be used by the United States Marine Corps (USMC) in their effort to improve current and future naval expeditionary warfare capabilities across the spectrum of conflict for current and future operating forces. This effort encompassed defining preliminary specifications and requirements for all subsystems, integrated system and performance requirements. The contract also included factory testing and demonstration, as well as field testing and demonstration of the developmental system. As previously disclosed by the Company, this independent testing of Ionatron�s latest CIEDS products by USMC/USN team was directed by Congress in late 2006 and the tests were completed in mid-Q1 2007. Ionatron continues to support the Marine Corps and U.S. military in their effort to address the problem of Improvised Explosive Devices. About Ionatron Inc. Ionatron, Inc. is a solution provider that develops and markets Laser Guided Energy (LGE�) and related products to defense and security customers for unique applications worldwide. Ionatron has significant expertise in the application of high-power lasers, optics and energy management technologies. Headquartered in Tucson, Arizona, Ionatron is focused on solving technology problems directly for its government and security-conscious customers. For more information about Ionatron, please visit www.ionatron.com. �Safe Harbor� Statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this News Release constitute �forward-looking statements� within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the dependence on sales of a limited number of products and the uncertainty of the timing and magnitude of government funding and orders, dependence on sales to government customers; the uncertainty of patent protection; the uncertainty of strategic alliances; the uncertainty of management tenure; the impact of third-party suppliers� manufacturing constraints or difficulties; management�s ability to achieve business performance objectives, market acceptance of, and demand for, the Company�s products, and resulting revenues; development and testing of technology and products; manufacturing capabilities; impact of competitive products and pricing; litigation and other risks detailed in the company�s filings with the Securities and Exchange Commission. The words �looking forward,� �believe,� �demonstrate,� �intend,� �expect,� �contemplate,� �estimate,� �anticipate,� �likely� and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made. Ionatron undertakes no obligation to update any forward-looking statements contained in this news release.
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