Flight Safety Technologies, Inc. Announces New Addition to Management Team
07 Juillet 2005 - 5:57PM
Business Wire
Flight Safety Technologies, Inc. (AMEX:FLT) announced that Mr. C.
Robert Knight has joined the company as a full time employee and
has been named Vice President for Business Administration, and
General Counsel. Mr. Knight is a graduate of Indiana University
School of Law. His 33 year career includes serving as General
Counsel of a trade association of Mayors and other elected
officials in his home state of Indiana where he coordinated the
legislative agenda and functioned as chief lobbyist for his
constituency. Mr. Knight also became an elected official, serving
two four-year terms as a Municipal Judge. Mr. Knight was also
General Counsel and Assistant to the President of a technology
start up company where he coordinated international sales,
including the negotiation of trade agreements with The Israeli
Ministry of Defense. His international trade background also
includes working with Japanese, French and Belgian business
interests. As Claim Counsel for Aetna Property and Casualty Company
Mr. Knight managed a staff that included over 200 attorneys in 24
offices involved in the defense of approximately 18,000 lawsuits.
Mr. Knight has completed the NASD General Securities Representative
Series 7 and 63 examinations. He is a graduate of the National
Institute For Trial Advocacy sponsored by Notre Dame University
School of Law, is Martindale Hubbell "AV" rated, and has
established litigation precedents in state and federal court
systems. His complex commercial litigation background includes
issues involving breach of fiduciary obligation in a Sarbanes Oxley
context, fraud in an after-the-fact substitution of warrant call
triggering event language in a prospectus already on file with the
SEC, defense of an investment advisor involving suitability issues
in the context of the purchase of bonds by a Section 144 buyer, and
a patent royalty dispute. About Flight Safety Technologies, Inc.
Flight Safety Technologies, Inc. is developing three new technology
projects aimed at enhancing the safety and security of aviation.
Project SOCRATES(TM) is a patented laser acoustic sensor technology
for the detection and localization and tracking of wake vortex
turbulence as a potential airport installation for U.S. and
International airport markets. Following a successful test of a
four beam configuration in September of 2003, the company has been
expanding the system to sixteen beams and preparing for a major
test at Denver International Airport in September of 2005. The
company is developing a patented airborne collision avoidance radar
called UNICORN(TM) which is scheduled for an initial tower-based
proof-of-principle test in August of 2005. UNICORN(TM) is being
developed for potential general aviation applications, as well as
potential government use in unmanned aerial vehicles. The company
is also pursuing the development of a potentially low-cost
technology called TIICM(TM), for the protection of airliners
against the threat of terrorists shoulder launched missiles. More
extensive information on the company can be found on its website at
www.flysafetech.com and in its current SEC filings. "Safe Harbor"
statement under the Private Securities Litigation Reform Act of
1995: This release contains forward looking statements identified
by the use of words such as should, believes, plans, goals,
expects, may, will, objectives, missions, or the negative thereof,
other variations thereon or comparable terminology. Such statements
are based on currently available information which management has
assessed but which is dynamic and subject to rapid change due to
risks and uncertainties that affect our business, including, but
not limited to, the outcome of an informal inquiry by the SEC that
appears to be in connection with certain analysts reports about us
and our press releases, the outcome of pending class action
litigation alleging violations of federal securities laws, whether
the government will implement WVAS at all or with the inclusion of
a SOCRATES(TM) wake vortex sensor, the impact of competitive
products and pricing, limited visibility into future product
demand, slower economic growth generally, difficulties inherent in
the development of complex technology, new products sufficiency,
availability of capital to fund operations, research and
development, fluctuations in operating results, and other risks
detailed from time to time in Flight Safety Technologies, Inc.'s
filings with the Securities and Exchange Commission. Any statements
that express or involve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, goals,
assumptions or future events or performance are not statements of
historical fact and may be forward looking statements. Forward
looking statements involve a number of risks and uncertainties
which could cause actual results or events to differ materially
from those presently anticipated.
Flight Safety (AMEX:FLT)
Graphique Historique de l'Action
De Jan 2025 à Fév 2025
Flight Safety (AMEX:FLT)
Graphique Historique de l'Action
De Fév 2024 à Fév 2025
Real-Time news about Flight Safety Technologies, (American Stock Exchange): 0 recent articles
Plus d'articles sur Flight Safety Technologies, Inc.