Valley Forge Composite Technologies, Inc. Appoints to Its Board of Directors Former Director of IT Operations and Enterprise Service Management at Iron Mountain Information Management, a Fortune 1000 Company
COVINGTON, KY., MAY 6, 2008 -- Valley Forge Composite Technologies, Inc. (OTC Bulletin Board: VLYF) today announced the appointment of Mr. Raul Fernandez to its Board of Directors.
"Mr. Fernandez brings 35 years of IT service management, network design and enterprise business strategy, and post sales support experience to the mix. We feel that his experience will greatly benefit our operations as we move into the sales and post-sales phases of our products ODIN and THOR," said Louis J. Brothers, President and CEO of Valley Forge Composite Technologies, Inc.
Mr. Fernandez was previously the Director of IT Operations and Enterprise Service Management at Iron Mountain Information Management, a public company, traded on the NYSE.
Prior to Iron Mountain, Mr. Fernandez held the position of Vice President of Information Services at Pierce Leahy Corp. Earlier in his career, he held various successful and complex Field Operations management positions with Unisys, where he managed and provided technical support for the Delaware Valley Commercial and Manufacturing Districts.
He has a strong background in Mergers and Acquisitions from an Operations and IT focus. Also, he has experience in audit and certification processes including SAS 70, Sarbanes Oxley, SysTrust and ITIL.
Mr. Fernandez earned his Bachelors in Mathematics from Kings College, and holds various ITIL certifications.
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