Quantcast

Valley Forge Composite Technologies, Lawrence Livermore National Laboratory and P.N. Lebedev Physical Institute Complete a Collaborative Department of Energy Global Initiative for Proliferation Prevention Project for Airline Baggage and Cargo Explosives D

July 12, 2010

COVINGTON, Ky. and LIVERMORE, Calif., July 12 /PRNewswire-FirstCall/ — Valley Forge Composite Technologies, Inc. (OTC Bulletin Board: VLYF), Lawrence Livermore National Laboratory, and several Russian Institutes led by P.N. Lebedev Physical Institute (LPI) announced the completion of a collaborative Department of Energy (DOE) Global Initiative for Proliferation Prevention (GIPP) project to develop equipment and procedures for detecting explosive materials concealed in airline checked baggage and cargo.

Technical objectives of the project included the development and automation of the accelerator-detector complex for high efficiency detection of hidden explosives. Data acquisition and a photonuclear signature database were created. The system was operated and tested albeit on a limited sample size. A technique for the time analysis of signals from latent targets was developed and tested. This resulted in the positive identification of carbon and/or nitrogen. These techniques detected measurable decay from the radioisotopes formed upon irradiation.

This Cooperative Research And Development Agreement (CRADA) project was intended to address the objectives of the Border and Transportation Security Program (BTSP) and the Chemical and Biological National Security Program (CBNP) for LLNL’s Homeland Security Organization in support of the Nuclear Non-proliferation Security Administration (NNSA).

“This was the culmination of a significant research and development effort that impacts several national and world security needs. This Advanced System we call THOR-LVX has the potential to be a technological breakthrough in detection capability and accuracy. Valley Forge was honored to work with some leading scientists of The United States of America and the Russian Federation on this project,” said Louis Brothers, CEO Valley Forge.

About Valley Forge

Valley Forge Composite Technologies, Inc. develops, manufactures and distributes next-generation detection systems. Its THOR LVX(TM) system is designed to detect nuclear material, explosives and contraband hidden in cargo containers and baggage, even through shielding. VLYF is also marketing the ODIN(TM) personal screening system for use in airports, high-security buildings and border entry points. More information about Valley Forge Composite Technologies, Inc. can be found at www.vlyf.com.

Forward-Looking Statement

The Private Securities Litigation Reform Act of 1995 provides a ‘safe harbor’ for certain forward-looking statements. Statements in this press release that relate to Valley Forge Composite Technologies, Inc.’s future plans, objectives, expectations, performance, events, reports made by others, and the like, including a statement about the assumptions underlying a forward-looking statement, are forward-looking statements protected by the safe harbor. Investors should understand that future events, risks and uncertainties, individually or in the aggregate, are factors that could cause our actual results to differ materially from those expressed or implied in our forward-looking statements. These factors could include changes in economic conditions or government policies that may change the demand for the Company’s products and services and could include other factors discussed in the sections of the Company’s report on Form 10-K for the year ended December 31, 2009 as filed with the U.S. Securities and Exchange Commission, entitled ‘Description of Business’ or ‘Management’s Discussion and Analysis or Plan of Operation.’ This release is comprised of interrelated information that must be interpreted in the context of all of the information provided and care should be exercised not to consider portions of this release out of context. Valley Forge Composite Technologies, Inc. uses paid services of investor relations organizations to promote the Company to the investment community. Investments in the Company should be considered speculative, and, prior to acquisition, should be thoroughly researched. Valley Forge Composite Technologies, Inc. does not intend to update these forward-looking statements prior to its reporting of its quarterly or annual results.


    Contact
    Valley Forge Composite Technologies, Inc.
    Roe Brothers
    roe@vfct.com
    Tel: (859) 581-5111

SOURCE Valley Forge Composite Technologies, Inc.


Source: newswire



comments powered by Disqus