Thursday, November 5, 2009

CYBL - Looking For Price Movement After Hitting New Recent Lows


CYBL issued some press this morning that should move it well above its $.0004 Thursday close.

The stock usually gets investor interest around these levels and should post a 100%+ return today just on added volume and the press release the company issued below.  The stock could also move into the weekend and be a short term momentum stock to trade.

Keep it on your watchlist.



Cyberlux Receives Order for BrightEye Systems as OEM Supplier to Prime Contractor Business Wire    "US Press Releases "
Cyberlux to Supply BrightEye Systems to AM-MAC Incorporated as Item in Broader Defense Logistics Agency Contract

RESEARCH TRIANGLE PARK, N.C. --(BUSINESS WIRE)-- Cyberlux Corporation (OTCBB: CYBL), a leading provider of LED lighting solutions, announced today that AM-MAC Incorporated has contracted with the Company to supply two BrightEye Tactical Lighting Systems in support of a broad Department of Defense (DoD) Defense Logistics Agency (DLA) contract for maintenance and force operations. AM-MAC is New Jersey -based Department of Defense supplier of field operations supplies.

The BrightEye Tactical Lighting System's bright white light is the preferred choice of mechanics operating on the flight line. The BrightEye system's batteries allow for quick charge times, zero noise output and easy maneuverability out on the flight line due to its light weight portability. Additionally, the BrightEye provides more than enough illumination for sophisticated repair tasks such as night Main Rotor Ground Track and Balances, night Tail Rotor Balances, night Engine High Speed Shaft Balances and other general maintenance tasks that require superior visibility for a safe, well lit work area. The BrightEye has the ability to provide enough illumination to accomplish these tasks where other systems are lacking, thus making the BrightEye systems a 'must have' item for all night operating units in theater of operations such as Iraq and Afganistan.

"We remain enthusiastic knowing that our BrightEye Tactical Lighting Systems are being so well received in the Iraqi theater of operation. Based upon our continued sales penetration within the military and governmental agencies, we are seeing a steady increase in demand for our products," said Mark D. Schmidt , CEO of Cyberlux Corporation . "While it takes tremendous time and effort to generate sales and capture market share at a level that is comparable to larger, more established defense companies, our reputation for being the preferred choice of tactical lighting will only bolster our presence, which then will reflect positively on our balance sheet. We are extremely confident that with the increased awareness of our products, fiscal year 2010 will continue to show additional growth and improved stability for our Company," added Schmidt.

The Cyberlux Tactical Illumination Systems are designed as highly portable, visible and night-vision compatible illumination systems for mission-critical tactical lighting where rapid deployment and high-intensity lighting capability are required. Using advanced optics, advanced solid-state lighting technology, and light-weight advanced battery power, all contained in easily transportable wheeled cases, the Cyberlux Tactical Lighting Systems provide broad area visible white lighting and night-vision compatible IR lighting capable of operating all night, performance capabilities not available in traditional lighting systems.

About Cyberlux Corporation

Cyberlux Corporation (OTCBB: CYBL), a leader in solid-state lighting innovation, has developed breakthrough LED lighting technology that provides the most energy efficient and cost effective portable lighting solutions available today for military and commercial uses. For more information, please visit www.cyberlux.com.

This news release contains forward-looking statements. Actual results could vary materially from those expected due to a variety of risk factors, including, but not limited to, the Company's ability to expand its production capabilities concurrent with product orders. The Company's business is subject to significant risks and uncertainties discussed more thoroughly in Cyberlux Corporation's SEC filings, including but not limited to, its report on Form 10-KSB for the year ended December 31, 2008 and its 10-Q for the quarter ended June 30, 2009 . The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.



Source: Cyberlux Corporation

1 comment:

Anonymous said...

WOW ~ another nice mover GURU ~