MERCERVILLE, N.J. – (ACCESSWIRE - October 22, 2013) - Laser Energetics, Inc.™ (Pink Sheets: LNGT- News) today announced that it has received an order and down payment for multiple Dazer Laser® GUARDIANs from a Hospital Group located in the Midwest portion of the United States. The specific hospital group will not be named at this time, as we respect they do not wish to field calls or publicly announce the use of any types of product(s) used within its facilities for security applications.
The significance of entering into the hospital and medical treatment facilities market is much larger than previously anticipated. The American Hospital Association indicated that there are approximately 5,800 Registered Hospitals in the United States, with roughly 4,900 Community Hospitals, 208 Federal Hospitals, 420 Non-Federal Psychiatric Hospitals and 112 Long-Term Care Hospitals as of 2012. This new marketplace, consisting of more than 11,400 US Hospitals and annual expenses of almost $775B, provides specific opportunities as many Hospital Organizations are prohibited from, and choosing not to, use of certain types of chemical agents and/or electrical stun gun capabilities. Additionally, in working with this hospital group through certain operational tactics, one of the main concerns brought up in reference to protecting hospital organizations, their staff and patients, are the regulations of how and when to go "hands-on" and the problems they run into with patients' rights. If hospital officials have the ability to engage an unruly subject, from outside the hospital room through the glass, all the while protected from being struck with objects found in the room with such unruly patients, hospital officials can more safely and effectively engage these patients and avoid unnecessary damage, cost and injury(s). This is one of the many advantages to use of the Dazer Laser® within hospitals, aside from the very obvious concept of not having to worry about cleaning chemical agents out of a clean hospital.
In addition to this order, the Company recently announced a $650,000 Foreign Military sale, in addition to its successful on-going US Marine Corps Ocular Interruption Program, for which it is still heavily involved with. Robert D. Battis, President & CEO of Laser Energetics, Inc. stated, "we are excited to further expand into the hospital and medical treatment facilities marketplace as, with this announcement, we look to work with this medical facility to put Dazer Laser® systems into hospitals across the US." Finally, as with all releases, we would like to thank our loyal shareholders for their continued support.
About Laser Energetics: The Company has a primary focus on its Dazer Laser® - Light Fighting Technologies, its Alexandrite Laser technology and its applications associated with Remote Sensing, Pill Marking, and Photo Acoustic Imaging as well as its Total Reflectance Transmitter (TRT) technology. Laser Energetics has and continues to develop a comprehensive and strategic laser product line that addresses laser applications in Industry, Science, Medicine, Homeland Security and the Military. More information about the company is available on the Internet at http://www.laserenergetics.com/.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
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SOURCE: Laser Energetics, Inc.
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