Valley Forge Composite Technologies, Inc. Reschedules Advertising Campaign
COVINGTON, KY -- December 20, 2007 -- Valley Forge Composite Technologies, Inc. (OTCBB: VLYF) announced today it is postponing an advertising campaign (previously announced on November 12, 2007) intended to bring global exposure to Valley Forge and its line of Homeland Security and Aerospace systems. Valley Forge will resume its advertising campaign during the first quarter of 2008. "Scheduling conflicts with the broadcasting networks prevented us from running an effective campaign," says Valley Forge CEO Lou Brothers. Valley Forge Composite Technologies, Inc. and its wholly-owned subsidiaries are developers, manufacturers and worldwide distributors of next-generation detection and aerospace technologies.
On August 3, 2007 President Bush signed into law Bill "H.R. 1 Implementing Recommendations of the 9/11 Commission Act of 2007" that requires screening of all cargo on passenger airplanes within three years and sets a five-year goal of scanning all United States-bound cargo containers for nuclear devices before they leave foreign ports. According to U. S. Representative Bob Etheridge, in a statement made on May 4, 2006, only 5% of cargo containers leaving foreign ports bound for the U.S. are screened, http://www.house.gov/etheridge/Press-SafePortAct.htm.
Valley Forge Composite Technologies, Inc. has four subsidiaries. Valley Forge Detection Systems, Inc. is developing THOR LVX, an Advanced Explosives Detection System capable of penetrating all shielding to detect and identify explosives, nuclear material, narcotics and chemical and biological agents. It uses photonuclear and gamma ray technology to identify substances at the molecular level. Expected markets include airports, seaports, cargo terminals and border crossings.
Valley Forge Imaging, Inc. offers the ODIN-ULDRIS Personnel Screening System. This system may be used in any market requiring personnel screening such as schools, government buildings, sporting events, airports and passenger terminals. It allows screeners to detect items such as explosives, weapons, narcotics, gemstones, bundled currency and ingested items at a rate of approximately 720 persons per hour without the need to remove coats, shoes or personal belongings.
Valley Forge Aerospace, Inc. offers cutting-edge components and customized solutions to the aerospace industry.
Valley Forge Emerging Technologies, Inc. exists to develop and commercialize other unique and innovative technologies.
More information about Valley Forge Composite Technologies, Inc., its subsidiaries, and its systems can be found at http://www.vlyf.com.
Forward Looking Statements
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-KSB for the year ended December 31, 2006 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 Information:
Katie Broadright, Investor Relations
Valley Forge Composite Technologies, Inc.
50 E. River Center Blvd. Suite 820
Covington, KY 41011
Tel. 859-581-5111
Fax 859-581-5116
or info@vlyf.com
