Valley Forge Composite Technologies, Inc. Announces Recent Developments with its Operating Subsidiaries

COVINGTON, Ky. , June 26 /PRNewswire-FirstCall/ -- Valley Forge Composite Technologies, Inc. (OTC Bulletin Board: VLYF) announced today recent developments with its operating subsidiaries. Valley Forge Imaging Systems Inc.'s next-generation...


COVINGTON, Ky. , June 26 /PRNewswire-FirstCall/ -- Valley Forge Composite Technologies, Inc. (OTC Bulletin Board: VLYF) announced today recent developments with its operating subsidiaries.

Valley Forge Imaging Systems Inc.'s next-generation advanced Personnel Detection System, ODIN, was validated in March and passed or exceeded ANSI standards. The machines are suitable for virtually any location requiring the screening of people entering the facility and are immediately available for placement in locations worldwide. Valley Forge is presently negotiating with several foreign airports for the placement of multiple ODIN machines.

Valley Forge Detection Systems Inc.'s advanced Explosives Detection System, THOR, is in the final stages of development. Valley Forge recently attended a meeting with a division of the US Army about the development of an IED detection system. The company also has begun negotiations with various foreign governments for the sale and placement of THOR systems. Analysis and feasibility studies are being done, to determine locations suitable for THOR. Expected markets include airports, seaports, cargo terminals and border crossings.

The Lawrence Livermore National Laboratory, partners with Valley Forge on the developmental end of THOR, stated on page 17 of their 2005 annual report, "...In one such project, the laboratory is working with the Lebedev Physical Institute and Valley Forge Composite Technologies, Inc. on an accelerator-based device to detect hidden explosives in luggage and cargo. The explosives-detection system is based on a small-scale electron accelerator developed by Lebedev. The potential market for this technology is huge; the US market demand alone is approximately $2 billion dollars a year for hardware and $2.5 billion for maintenance and support services."

The annual report can be accessed here: http://vlyf.tv/pdf/LLNL_2005_ANNUAL_REPORT.pdf , see page 17 for discussion of Valley Forge.

Bill H.R. 1 Becomes Law - Positively Impacts Valley Forge Imaging Systems and Valley Forge Detection Systems

On August 3, 2007 , the United States enacted into law, Bill H.R. 1 and Congress made the following findings: 182 public transportation systems throughout the world have been primary targets of terrorist attacks; more than 6,000 public transportation agencies operate in the United States ; people use public transportation vehicles 33,000,000 times each day; the Federal Transit Administration has invested $93,800,000,000 since 1992 for construction and improvements; the Federal investment in transit security has been insufficient; and greater Federal investment in transit security improvements per passenger boarding is necessary to better protect the American people, given transit's vital importance in creating mobility and promoting our Nation's economy.

The new law also mandates that within 5 years any container loaded on a vessel in a foreign port shall not enter the United States unless the container was scanned by non-intrusive imaging equipment and radiation detection equipment at the foreign port before it was loaded on the vessel. The law also mandates that not later than 3 years after the date of enactment, the Secretary of Homeland Security shall establish a system to screen 100 percent of cargo transported on passenger aircraft operated by an air carrier or foreign air carrier in air transportation or intrastate air transportation to ensure the security of all such passenger aircraft carrying cargo. The full text of HR1 can be found here: http://www.govtrack.us/congress/bill.xpd?bill=h110-1

Valley Forge Aerospace continues to supply aerospace giants such as NASA and Northrop-Grumman with their line of light-weight, unique space instruments. Valley Forge is providing specialized, prototype Attitude Control Instruments to NASA's precise engineering specifications, and has extensive experience in the satellite momentum wheel and bearing fields. Valley Forge's composite rotor is lighter, more stable, and less expensive than metal rotors currently in use, so much so that Valley Forge received the NASA's Director's Award for their Composite Rotor and Space Bearings.

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