COVINGTON, Ky. (July 26, 2007) – Shares of Valley Forge Composite Technologies Inc. (OTCBB: VLYF) jumped up today after its Standard & Poor’s news surfaced. In mid-day trading, VLYF was up $2.20 (40 percent) to $7.70 per share on volume of 120,634 shares.
VLYF announced that its company information will be made available via Standard & Poor’s Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company information disseminated to users of Standard & Poor’s Advisor Insight.
The company information to be made available through this program includes share price, volume, dividends, shares outstanding, company financial position and earnings. Standard & Poor’s Advisor Insight is an Internet-based research engine used by more than 100,000 investment advisors.
“With the Standard & Poor’s relationship our investor base will broaden worldwide and make company information readily available,” said Louis Brothers – president of VLYF – in a statement.
In addition, information about companies in Standard & Poor’s Market Access Program will be available via S&P’s Stock Guide database. As part of the program, a full description of VLYF will also be published in the Daily News section of Standard Corporation Records, a recognized securities manual for secondary trading in approximately 38 states under the Blue Sky Laws.
VLYF is a developer, manufacturer and worldwide distributor of next-generation detection and aerospace systems. The company is planning for rapid growth in response to the worldwide need for detection technologies. Through an agreement with the United States Department of Energy’s National Nuclear Security Agency, Lawrence Livermore National Laboratory, and the Lebedev Institute in Russia, VLYF’s Thor LVX system is in the final stages of development and validation.
VLYF also offers a personnel screening system which allows screeners to detect items such as explosives, weapons, narcotics, gemstones, bundled currency and ingested items at a rate of approximately 1000 persons per hour. This system may be used in any market requiring personnel screening such as schools, government buildings, sporting events and passenger terminals.
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