Company is Selected from 400-Plus Field; Program Will Aid Development of Market-Ready Products Based on Double-Pulse Laser System for Hazard Detection
SAN DIEGO--(BUSINESS WIRE)--JMAR Technologies, Inc. (OTCBB: JMAR), a leading innovator in the development and commercialization of sensing systems for the detection of chemical, biological, radiological, nuclear and explosive (CBRNE) materials, today announced that it has been selected for the U.S. Army Commercialization Pilot Program (CPP) to create market-ready products based on its double-pulsed laser system for stand-off hazard detection.
JMAR was chosen to receive the CPP contract based on successful completion of the Phase II development of its unique double-pulse Laser-Induced Breakdown Spectroscopy (LIBS) technology. JMAR was one of 25 companies selected for the CPP program. Participation in the program is limited to technologies that have the potential for rapid transition into the acquisition process. Additionally, each project must have the potential for private-sector commercial use that offers a significant financial return.
Employing double pulse (DP) capability, DP-LIBS allows the detection and identification of very small traces of hazardous materials such as explosives and drugs at distances of 30 meters or more. The technology has a wide range of potential applications, from the military and homeland security to the civilian marketplace, where it can be deployed for explosive detection, drug interdiction, environment hazard analysis, materials identification, geology and geochemistry.
“We are very pleased to have the Army’s support in accelerating the commercialization of JMAR’s remote detection system,” said James Winso, JMAR’s VP of System Development Programs. “Our achievement in being selected for a slot in the CPP program verifies the appeal of our DP-LIBS technology and its wide potential for commercial, military and security applications. This selection puts us on a fast track from the lab to the field, where we will address urgent requirements for safe, stand-off hazard detection.”
To be added to JMAR Technologies’ investor lists, please contact Haris Tajyar at htajyar@irintl.com or at 818-382-9702.
About the Commercialization Pilot Program (CPP)
The U.S. Army established its SBIR Commercialization Pilot Program (CPP) in response to the 2006 National Defense Authorization Act. The program’s goal is to increase SBIR technology transition and commercialization success, thereby accelerating the fielding of capabilities to soldiers and benefiting the nation through stimulated technological innovation, improved manufacturing capability, increased competition, productivity and economic growth.
About JMAR
JMAR Technologies, Inc. (OTCBB: JMAR) is a leading innovator in the development and commercialization of sensing systems for the detection of chemical, biological, radiological, nuclear and explosive (CBRNE) materials. Coupled with its established expertise in building advanced laser systems, JMAR provides solutions for a broad range of military, industrial and commercial applications. The company draws on more than twenty years of experience and thirty patents in photonics, laser and detection technologies to develop products and solutions that address some of the world’s most pressing issues such as water quality, hazard detection and homeland security. JMAR’s vision is to continue to develop innovative technologies and products that support the advancement of global health, safety, and security initiatives. For further information on JMAR Technologies, please visit www.jmar.com.
Forward Looking Statements: This news release contains certain “forward-looking statements.” Forward-looking statements are based on current expectations and assumptions and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, and many of which are beyond the Company’s control. Actual results could differ materially from these forward-looking statements as a result of a number of factors, including the uncertainty of acceptance in the market for our products and technologies or the acceptance of our customers’ products or technologies which incorporate our products and technologies, the failure of our technology to perform as predicted, competition from alternative technologies, uncertainties as to the size of the markets, cost and margins for JMAR’s products, current or future government regulations affecting the use of JMAR’s products, the lack of availability of critical components, the degree of protection from future patents, other risks associated with the development or acquisition of new products or technologies and those risks detailed in the Company’s Form 10-K for the year ended December 31, 2007 filed with the SEC. Given these risks and uncertainties, investors are cautioned not to place undue reliance on such forward-looking statements and no assurances can be given that such statements will be achieved. JMAR Technologies, Inc. does not assume any duty to publicly update or revise the material contained herein.
