MERCERVILLE, N.J., May 24, 2012 (GLOBE NEWSWIRE) -- Laser Energetics, Inc. (Pink Sheets:LNGT) today reported that they have hired a new head of Corporate Communications and Investor Relations, Mr. Mike Little. Mr. Little comes to Laser Energetics with decades of Wall Street experience in a senior level financial sales and marketing capacity.
Mr. Little has investment banking and private equity experience and has served money managers and hedge funds in the institutional investment community across the country as well as prominent high net worth investors. He has been a tenured senior level institutional sales executive at Prudential Securities, Oppenheimer & Company, Smith Barney, Kidder Peabody, Cowen & Company and Ferris Baker Watts. Mr. Little stated: "I am extremely excited to be joining Laser Energetics – a leading Laser technology company that will transform our lives in a very positive way. The company is a Laser Technology innovator and I expect explosive growth in the immediate future, with many announcements now in the pipeline."
Mr. Little received his MBA from Columbia University in 2000. He has been routinely recruited as a motivational speaker and presenter at Wall Street events. Mr. Little enthusiastically states: "I am looking forward to utilizing my 26 years of Wall Street experience and bringing my skill sets to assist Laser Energetics develop rock-solid long term relationships with our current investors and to bring in many new investors, both private and institutional."
Robert D. Battis, CEO, President and Founder of Laser Energetics, Inc., stated: "Mike brings us decades of experience and contacts on Wall Street that Laser Energetics can benefit from as we advance our products to commercial production. Mike will also help transition us to a fully reporting company on a larger stock exchange. Much more news to follow. Stay tuned."
About Laser Energetics, Inc.:
Laser Energetics has and continues to develop a comprehensive and strategic laser product line that addresses laser applications in Industry, Science, Medicine, Homeland Security and the Military. The Company has had a primary focus on its Alexandrite laser technology.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements, be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.