IOTN Ionatron (MM)

Ionatron, Inc., (Nasdaq:IOTN) the Laser Guided Energy (LGE�) Company, and pioneer in next generation Directed Energy Technologies, today announced that they had received a $2.09 million contract from the Army Research, Development and Engineering Center (ARDEC) at Picatinny Arsenal, NJ for �ANVILS�, a technology development program for the application of directed energy technologies to counter the threat of vehicle-borne Improvised Explosive Devices (IEDs). The contract was issued through Subsystems Technologies, Inc. of Rosslyn, VA, as part of an existing services contract that Subsystems has with Picatinny Arsenal. Dana Marshall, Ionatron�s President and Chief Executive Officer, stated, �This contract is the most recent sign of the Army�s commitment to developing our LGE technology for their unique missions and applications. We�ve worked with the Army for several years, and as LGE technology has matured we have seen an increase in our contract opportunities with them. The Army has stated their interest in assuming the lead role in our LGE development for applications under the Close Combat Support program starting during 2008, and they have budgeted multiyear funding for ongoing Laser Induced Plasma Channel (�LIPC�) development. We think this is a positive indication of their long term commitment to the promise of Laser Guided Energy.� Mr. Marshall continued, �Ionatron�s proprietary LGE weapons technology is uniquely well suited to address some of the Army�s most urgent problems, and we look forward to their leadership in bringing this technology to the field. We continue to work with the Navy, our program sponsor on existing LGE development for the past three years, as they investigate new applications for our directed energy technologies.� About Ionatron Inc. Ionatron, Inc. is a solution provider that develops and markets Laser Guided Energy (LGE�) and related products to defense and security customers for unique applications worldwide. Ionatron has significant expertise in the application of high-power lasers, optics and energy management technologies. Headquartered in Tucson, Arizona, Ionatron is focused on solving technology problems directly for its government and security-conscious customers. For more information about Ionatron, please visit www.ionatron.com. "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this News Release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the dependence on sales of a limited number of products and the uncertainty of the timing and magnitude of government funding and orders, dependence on sales to government customers; the uncertainty of patent protection; the uncertainty of strategic alliances; the uncertainty of management tenure; the impact of third-party suppliers' manufacturing constraints or difficulties; management's ability to achieve business performance objectives, market acceptance of, and demand for, the Company's products, and resulting revenues; development and testing of technology and products; manufacturing capabilities; impact of competitive products and pricing; litigation and other risks detailed in the Company's filings with the Securities and Exchange Commission. The words "looking forward," "believe," "demonstrate," "intend," "expect," "contemplate," "estimate," "anticipate," "likely" and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made. Ionatron undertakes no obligation to update any forward-looking statements contained in this news release.