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Westborough, Mass., April 2, 2007 – Lockheed Martin Corporation [NYSE: LMT], the world’s largest defense contractor, has purchased and begun assessing intelligent-omni-video systems from privately held RemoteReality Corporation, announced Dr. James Ionson, company CEO.  

“Lockheed Martin is currently evaluating our suite of OmniAlert360 and ThermalVision360 products for a number of applications calling for persistent situational awareness,” he said.

Details of the relationship were not disclosed.

The sale to Lockheed Martin is the latest contract secured by RemoteReality, said Dr. Ionson, who notes that the company has received some $6 million in Small Business Innovation Research grants and development contracts from the Defense Advanced Research Projects Agency (DARPA), the Office of Naval Research (ONR), the United States Marine Corps and other Department of Defense groups.  

“All of these groups are evaluating our systems, which deliver the unique and robust capabilities needed to successfully protect critical physical assets,” Ionson said, noting that the company also has recently signed a letter of agreement with North American Video, a premier security-systems integrator, to co-develop products for the gaming industry in North America.

About Lockheed Martin Corp. (www.lockheedmartin.com)
Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products, and services.  The corporation reported 2006 sales of $39.6 billion.

About RemoteReality Corp. (www.remotereality.com)
RemoteReality is the designer and manufacturer of intelligent-omni-video systems that include the OmniAlert360 perimeter monitoring system, for perimeter surveillance; the OmniAlert360 manned navigation and surveillance systems, for manned vehicle situational awareness; the OmniAlert360 unmanned navigation and surveillance systems, for unmanned or remote vehicle situational awareness; and the ThermalVision360 system, for night-vision applications. By integrating high-resolution 360° mirrors, optics, sensors and intelligent processing into single-lens, solid-state, high-frame-rate video appliances, RemoteReality's systems promise 360° real-time, continuous video with the ability to simultaneously detect and track multiple objects, in visible and infrared thermal spectra. These systems, integrating unique hardware and proprietary software, are fully compatible with current object-recognition applications, have no moving parts and operate at maximum efficiency in just about any wireless communication network environment. 

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