Tech Valley Technologies, Annoucement
Bruce Hodge, President
03/11/2005

We are pleased to announce that we have just recieved our second grant for $525K from the U.S. Army to build the a working prototype of our resistive matrix target technology known as the Matrix Round Locator (MRL). The first research grant for $285k was used to prove that the resistive matrix technology was manufacturable and could scale to large targets. We are continuing to innovate new technologies which you will see in future announcements.