EOIR develops remote stand-off chemical sensor

Woodbridge, Virginia-based EOIR Technologies, a wholly owned subsidiary of Technest Holdings (OTCBB:TCNH.OB), is engaged in an ongoing R&D effort of its Automated Adaptive Chemical Exploitation System (AACES) remote sensor. This research and development program is a funded Phase II U.S. Army SBIR, and is being done in cooperation with the U.S. Army Night Vision and Electronic Sensors Directorate (NVESD). The AACES has been tested in both laboratory and field environments at several stages of its research and development. AACES sensor test sites have included the U.S. Army’s Ft. A.P. Hill and Dugway Proving grounds, where chemical warfare agent simulant releases and detonations have been monitored. As the final stages of prototype development draw to a close, additional field tests will occur at both the US Army’s Ft. Belvoir and Ft. A.P Hill. The R&D effort is done in cooperation with the U.S. Army, but the company’s aim is to make AACES into a commercial product, which the company expects will do brisk sales in the military and government intelligence agencies as well as to all segments of the homeland security marketplace. The AACES is projected to sell at a price of about $250,000 per unit. Additional data on the AACES can be found at http://www.technestholdings.com/technology_portfolio/chemical_detection…. (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser’s URL address field.)

Technest’s wholly owned subsidiary receives significant annual funding under an NVESD omnibus contract. The omnibus contract Option Year Four was awarded on July 15, 2005. Since that date EOIR Technologies Inc. omnibus contract awards have totaled over $29.0 million. As of November 30, 2005 EOIR Technologies Inc. had funded backlog of $55.2M.

-read more about AACES at Technest Web page; and EOIR Web site