Holoco Inc a Holographic Technology Development Company Announces Purchase of Pulse Laser System and CEO Webcast
April 28, 2005 -- Holoco Inc. (Pink Sheets: HLCN) announced that it had executed an agreement to purchase a high powered G2J Nd:YLF oscillator and a Phosphate Glass amplifier laser system from Geola Technologies Ltd. And has scheduled a webcast featuring the CEO of the Company on 2:00 p.m. EST Friday April 29th, 2005.
Pulse Laser Purchase
In addition to constituting a highly versatile laboratory tool the G2J laser has been rigorously designed to meet the high standards required for display and technical holography applications.
The laser is manufactured by Geola UAB, Lithuanian Subsidiary of Geola Technologies Ltd., Naugarduko g. 41, Vilnius LT-2006, Lithuania.
Based on state-of-the-art pulsed laser technology the G2J can be used to produce holograms of people, animals or 3D objects extremely rapidly and with astonishing ease.
The system will enable
the company to manufacture products including 3D Posters and POP Displays for advertising, promotion and product enhancement applications in addition to offering services such as 3D Portraiture of VIPs, Celebrities, family members and pets.
Holoco also intends to utilize the system for virtual prototyping and 3D copying for the reproduction of museum exhibits and archival artifact recordings. The Company anticipates delivery and installation of the system at their center city Philadelphia Facility within the next 8-10 weeks and intends to have it fully operational in advance of the July 4th holiday festivities.
CEO Webcast
Patrick St. James McNulty, Chairman and CEO of
the company has scheduled a live webcast for 2:00 p.m. EST Friday April 29th that will take place on the Company's website located at
www.holoco.com. Mr. McNulty is conducting the webcast to address the concerns and questions of current and future shareholders.
He also intends to discuss the recent events and activities of
the company in more specific detail, define the short and long term objectives of the corporation and outline his 'aggressive agenda and strategy for success'.
A video of the webcast will be stored on the site and made available for download immediately following the broadcast.
About Holoco INC.
Holoco Inc. is an emerging hologram technology company focused on the design and development of commercial and industrial applications of next generation holographic products, systems and services.
For more information about Holoco, Inc. visit
www.holoco.com or phone 215.769.7475 and ask to speak with Mr. Daniel Hastings, Director of Investor Relations.
Safe Harbor
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the products markets, variations in
the company 's cash flow, market acceptance risks, technical development risks, seasonality and other risk factors.
Holoco Inc a Holographic Technology Development Company Announces Purchase of Pulse Laser System and CEO Webcast