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Premiere Opportunities Group, Inc. Signs Letter of Intent With Defense Technology Corporation(March 29, 2012)
TOTOWA, NJ -- (Marketwire) -- 03/29/12 -- Premiere Opportunities Group, Inc. (OTCQB: PPBL) (OTCBB: PPBL) (www.premiereopportunities.com) has signed a Letter of Intent with Defense Technology Corporation ("DTC") to advise the company in the funding, capital structure, strategic planning and going public process. DTC (www.defensetechnologycorporation.com/) was formed in 2007 to bring products to market in the areas of personal and collateral protection.
Defense Technology Corporation (DTC), offers the Offender Alert Passive Scan, which meets the needs and addresses the concerns of the changing landscape through a series recent technological developments have created a scanning system, which has the intelligence to rapidly and accurately distinguish between specific threat and non-threat items, and also has the ability to learn new threat definitions.
The "Offender Alert Passive Scan" is a 'next generation' walk-through detector scanning unit. This is a patented, trademarked product that is a technologically advanced passive scanning system for detecting and identifying concealed threats. The unit can be installed into a door frame with no visual presence, thus providing covert detection. The unit can also be deployed as a standalone unit for portable operation.
Chris Giordano, Premiere's Co-Chairman, stated, "We are extremely pleased with to have the opportunity to work with DTC in helping them exploit their competitive advantage in the marketplace. We look forward to working with them in achieving their corporate global objectives.
"We continue to work diligently to bring our shareholders value by assisting companies like DTC in achieving their short term, intermediate and long term goals. With each client we procure we get a little closer to achieving our goal of increasing shareholder value for the long term as well as having our shareholders own equity directly in these respective companies.
"We are currently in late stage discussions with several other companies which we expect to garner long term relationships with and will be updating our shareholders as soon as we are able to do so."
Chris H. Giordano
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