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Newsroom - Clients - BLLD
The following news and investment research items reflect some of the recent business activity for selected clients of Empire Relations Group, Inc. Additional information for investment research can be found in the featured clients section. News and investment research are for informational purposes only.
BULLDOG TECHNOLOGIES
Homeland Security Growth, Opportunity For Bulldog Technologies, Cyber Defense, Viscount Systems Demonstrated By New National Immigration Initiative, Says Investrend Research Analyst Gary Vassalotti
NEW YORK--(BUSINESS WIRE)--May 22, 2006--(Investrend Research Syndicate) Homeland Security's growth and opportunity is perhaps best exemplified by event-driven initiatives such as it's rapid deployments to handle natural disasters such as Katrina, and now the response to national immigration concerns, said Investrend Research analyst Gary Vassalotti in a 1st Quarter sector update.
Report Spotlight Companies such as Bulldog Technologies (OTCBB: BLLD - News), Cyber Defense Systems (OTCBB: CYDF - News) and Viscount Systems (OTCBB: VSYS - News), included in Spotlight Analytics reports incorporated into the update, provided in partnership with the 400-member Homeland Security Industries Association (http://www.hsianet.org), as well as companies such as Honeywell (NYSE: HON - News), remain among those poised to take advantage of these escalating developments, said Vassalotti.
The 35-page report is available in its entirety, along with the Sector Spotlights at http://www.investrendresearch.com
The analyst also stated:
"The 2007 budget shows an almost 6% increase of funds in the discretionary use category to $35.4 billion, with a net discretionary amount of $30.9 billion.
Homeland Security stocks have experienced significant share price appreciation since 2001. Sell-side investment research firm Lehman Brothers estimates that its basket of 27 security stocks appreciated nearly 320% in a three-year period that began in August, 2001 while the S&P 500 returned only 5% during that period.
Homeland Security Secretary Michael Chertoff said, "Illegal immigration poses an increasing threat to our security and public safety, and hard-hitting interior enforcement will reinforce the strong stance we are taking at our borders. With the interior enforcement strategy of the Secure Border Initiative, we will aggressively target the growing support systems that make it easier for aliens to enter the country and find work outside of the law."
Investrend Research subscribes to the "Standards of Practice for Research Providers" at http://www.firstresearchconsortium.com. Enrollment fees for Spotlight Analytics coverage are $4,000 per quarter and the fees were paid by the companies. Analysts are paid in advance of initial reports by Investrend Research to eliminate pecuniary interest, and neither the analyst nor employees of Investrend Research may own or trade stocks of companies under coverage. Each company is enrolled for investor monitoring by the Shareholders Research Alliance at http://www.shareholdersresearch.com
The analyst for Bulldog Technologies is Ryan Fuhrmann, CFA, for Cyber Defense, Shailesh Dhuri, MBA, and for Viscount Systems Michael R. Anderegg, CFA.
Complete information is available at each covered company's InvestorPower page at http://www.investrend.com/company/list.asp?sPathParam=yes.
Anyone interested in receiving alerts regarding Homeland Security research should email contact@investrend.com with "HSSR" in the subject line.
Bulldog Technologies Inc.
Jan Roscovich, 604-271-8656
or
Cyber Defense Systems, Inc.
Techsphere Systems International, Inc.
Billy Robinson
billy@cduav.com
or
Viscount Systems, Inc.
Nick Waddell, 866-252-9446
or
Cronus Capital Markets
Michael Soni, 888-901-7090
query@cronuscapitalmarkets.com
http://www.cronuscapitalmarkets.com
http://www.ccmsectorinvest.com
or
Investrend Research Div.
Investrend Communications, Inc.
R. Hempel, 718-896-5060
contact@investrend.com
http://www.investrendresearch.com
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