Former Department of Defense (DOD) Intelligence Analyst Appointed to Valley Forge Composite Technologies, Inc. Board of Directors
COVINGTON, Ky., April 16, 2008 -- Valley Forge Composite Technologies, Inc. (OTC BB: VLYF) announced the appointment today of Richard S. Relac to its Board of Directors.
"Mr. Relac brings with him over 30 years of service on the Federal level, specializing in areas such as nuclear armament and proliferation, advanced weapons and technology. With the addition of Mr. Relac to Valley Forge's Board of Directors we are also gaining a master linguist and translator, especially skilled in the translation of complex technical articles, which bodes well for Valley Forge due to the necessity our company faces translating just such documents." said Louis J. Brothers, Chief Executive Officer and President of Valley Forge Composite Technologies, Inc.
Mr. Relac was trained in German as an enlisted member of the U.S. Army, and served as a military linguist and intelligence collector in West Berlin in the early 1960's. After military service, Mr. Relac earned a BA in Russian, with additional courses in French, at the George Washington University in Washington, DC.
While still an undergraduate at GWU, Mr. Relac worked as an editor and translator for a publisher of science journals in Washington, and become the staff translator for the U.S. Naval Research Laboratory from 1967 to 1974. Working directly with Navy scientists, he translated technical articles and papers from Russian, German and French in various aspects of the physical sciences such as fire suppression, laser development, metallurgy, nuclear power, oceanography, sea-floor geology, solar physics and underwater acoustics.
After a 9-year break to work in private business, Mr. Relac returned to Federal service in 1983 with an agency of the Department of Defense, where he became an intelligence analyst and reporter, a writer and editor of daily intelligence summaries for U.S. officials, and eventually a senior reports editor. He worked in areas such as nuclear armament and proliferation, advanced weapons and technology, political unrest and instabilities, armed insurgencies and regional conflicts, and international trafficking in weapons and other contraband. He retired with almost 30 years of Federal service.
In addition to his Federal career, Mr. Relac also has more than 10 years of private-sector experience including business management and ownership.
About Valley Forge
Valley Forge Composite Technologies, Inc. and its wholly-owned subsidiaries are developers, manufacturers and worldwide distributors of next- generation detection and aerospace systems.
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 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 Personnel Screening System, which may be used in any market requiring personnel screening such as airports, schools, government buildings, sporting events, and passenger ferry 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. brings cutting-edge components and customized solutions to the aerospace industry such as specialized, prototype Attitude Control Instruments for NASA, built to meet NASA's precise engineering specifications.
Valley Forge Emerging Technologies, Inc. exists to develop and commercialize other unique and innovative technologies.
For more information on Valley Forge and its products, visit 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, 2007 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 Robertson, 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
