SAN
DIEGO--(BUSINESS WIRE)--Sept. 14, 2005--JMAR Technologies,
Inc. (NASDAQ: JMAR) has successfully completed the
first test phase of a three-phase program at Kimpen,
S.A. DE C.V., Mexico's leading beverage development
and manufacturing company. Kimpen has reiterated that,
based on its successful in-lab testing of BioSentry(TM),
the company intends to purchase two production units
and initiate operational testing in two factories.
Earlier in the year, Kimpen commenced a two-month
beta-test of a BioSentry system in its research facility.
During this test period, Kimpen validated BioSentry's
capabilities to detect and classify E. Coli and Pseudomonas,
should these bacteria occur in its beverage production
water. The initial test period, ending August 29,
2005, reached successful completion by meeting all
agreed-to test criteria.
Pursuant to the agreement, Kimpen now plans to initiate
the second phase of the program by installing a BioSentry
system in each of its two commercial factories in
the Yucatan Peninsula for two months of operational
testing. The purchase and installation of the additional
systems is expected to occur within the next two
months, coinciding with JMAR's BioSentry production
start-up plan. Following the successful operational
testing of these systems, Kimpen intends to purchase
an additional 15 systems to ensure that at least
one BioSentry is in continuous operation in each
of its 15 factories.
"We are excited about lab test results obtained
from the BioSentry and are anxious to move to the
factory testing phase of the Program," said Mr. Adolfo
Herrera Hiza, Kimpen General Manager. "The BioSentry
is expected to help the company ensure water used
in the fabrication of various juices and concentrates
is free of bacteria prior to the mixing process."
"We are very pleased that the first phase of our
agreement with Kimpen has been expeditiously and
successfully completed", said Ronald A. Walrod, CEO
of JMAR. "Kimpen has done a great job of helping
us understand more about the beverage production
applications for BioSentry and has reinforced our
strong belief in the tremendous business opportunity
represented by this market vertical. We are confident
that the upcoming factory test phase will further
demonstrate BioSentry's strong value proposition
as a cost-effective and efficient means of ensuring
the highest standards of purity throughout beverage
production facilities worldwide."
Kimpen, the largest bottled beverage supplier in
Mexico, serves the Yucatan, Campeche, Quintana Roo,
Tabasco, Veracruz and Chiapas regions. It produces
purified water, carbonated drinks, juices and punches
for more than 59,000 domestic and international customers
and generated $300 million in revenues for 2004.
Kimpen is one of three beta-test sites selected
for JMAR's BioSentry. Olivenhain Municipal Water
District has employed three BioSentry(TM) systems
to monitor raw influent water, treated effluent water
and distribution system water at its water treatment
facility. A BioSentry test unit is also installed
on a ship operated by a major cruise line with the
ultimate goal of monitoring water quality for onboard
drinking water, spas and swimming pools.
About the BioSentry
The BioSentry(TM) is a laser-based, contamination-warning
system that provides continuous, online, automated
water quality monitoring. This unique system is designed
to monitor, detect and classify waterborne microorganisms
in real time to aid in assuring water purity. Considering
applications within the food and beverage industries,
water utilities, homeland security, military operations,
cruise ships, naval vessels, semiconductor fabrication,
pharmaceutical production, hospitals and medical
practices, the total addressable market for BioSentry(TM)
is expected to exceed $500 million.
About JMAR
JMAR Technologies, Inc. is a leading innovator in
the development of laser-based equipment for imaging,
analysis and fabrication at the nano-scale. The Company
is leveraging over a decade of laser and photonics
research to develop a diverse portfolio of products
with commercial applications in rapidly growing industries
while continuing to carry out research and development
for the U.S. Defense Advanced Research Projects Agency
(DARPA) and provide support for the U.S. Government's
Defense Microelectronics Activity (DMEA) semiconductor
fabrication facility. JMAR is targeting the nanotechnology,
bioscience and semiconductor industries with its
Britelight(TM) laser; X-ray Light Source; Compact
X-ray Microscope - for 3D visualization of single
cells and polymers; and its X-ray Nano Probe - enabling
interaction, analysis and material modification at
the nano-scale. JMAR also develops, manufactures
and markets its BioSentry(TM) microorganism contamination
warning system and maintains a strategic alliance
for the production of the READ chemical sensor for
homeland security, environmental and utility infrastructure
industries.
This
news release contains certain "forward-looking
statements." Forward-looking statements are based
on current expectations and assumptions and are inherently
subject to risks and uncertainties, some of which
cannot be predicted or quantified, and many of which
are beyond the Company's control. Actual results
could differ materially from these forward-looking
statements as a result of a number of factors, including
the risk that the performance validation tests of
the BioSentry Beta units are not successfully completed
due to unforeseen issues with the installation and
operation of the units outside of the controlled
environment of JMAR's facility, competition from
alternative particle detection, filtering and other
water decontamination technologies, uncertainties
as to the size of the market, cost and margins for
the BioSentry products, failure to obtain market
acceptance, current or future government regulations
affecting the use of BioSentry products, the lack
of availability of critical components, the degree
of protection from future patents, other risks associated
with the development or acquisition of new products
or technologies and those risks detailed in the Company's
Form 10-Q for the quarter ended June 30, 2005 and
its Form 8-K filed on March 30, 2005 with the SEC.
Given these risks and uncertainties, investors are
cautioned not to place undue reliance on such forward-looking
statements and no assurances can be given that such
statements will be achieved. JMAR Technologies, Inc.
does not assume any duty to publicly update or revise
the material contained herein.
JMAR Technologies, Inc.
Dennis E. Valentine, 760-602-3292
www.jmar.com
or
The Investor Relations Group
Investors: Kathryn McNeil/Dian Griesel, Ph.D.
Media: Sally Martin/Dian Griesel, Ph.D.
212-825-3210
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