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<DIV><FONT face=Verdana>Lionel the points you raise are interesting. I have
contacted the company and they have agreed to make available text of
the National Press Club address on Friday. Even
though it is not directly related to MS it seems to have aroused some
interest so I will post it to this group when received.</FONT></DIV>
<DIV><FONT face=Verdana></FONT> </DIV>
<DIV><FONT face=Verdana>This, they say, will cover some of the matters you
raise. In the interim on the matter of security they advise that all press
releases receive prior approval from the US Department of Defense. Also the gun
does not use a normal cartridge. </FONT></DIV>
<DIV><FONT face=Verdana></FONT> </DIV>
<DIV><FONT face=Verdana>Stay tuned.</FONT></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
Lionel Issen
</DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
href="mailto:metastock@xxxxxxxxxxxxx";
title=metastock@xxxxxxxxxxxxx>metastock@xxxxxxxxxxxxx</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> 26 July, 2000 12:07 AM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: Metal Storm</DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial size=2>There is something a bit odd about this
announcement. </FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>1. Any such leap in armament technology would
probably be kept very secret. Just this kind of announcement will have the
world's top spies trying to get the details.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>2. The amount of heat generated by the alleged
gun would quickly melt any known metal. How is the weapon cooled?
</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>3. Assuming that each cartridge weighs about
3 ounces, one minute of firing would require (240,000 x 16/3) =1,280,000
pounds (640 tons) of cartridges.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>4. There is a very elaborate military
testing facility outside of Washington, DC.; however the name
of this place is NOT Blossom Point.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Since this weapon uses advance electronics, maybe
its a virtual gun.</FONT></DIV>
<DIV>Lionel Issen<BR><A
href="mailto:lissen@xxxxxxxxx";>lissen@xxxxxxxxx</A></DIV>
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<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
Tony Smallwood
</DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
href="mailto:metastock@xxxxxxxxxxxxx";
title=metastock@xxxxxxxxxxxxx>metastock@xxxxxxxxxxxxx</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Tuesday, July 25, 2000 12:41
AM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Metal Storm</DIV>
<DIV><BR></DIV>
<DIV><FONT face=Verdana>Here is an OZ company coming your way soon. The
Australian Stock Exchange queried the rapid rise in share price and the
following is their response. Because it is not a run of the mill share
I thought the list may find it an interesting read. I currently hold no
shares in this outfit, but that may change.</FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV><FONT face=Verdana>METAL STORM
LIMITED<BR>-------------------<BR><BR>HOMEX -
Brisbane<BR>-------------------------<BR>Response to ASX Query re: Share
Price<BR><BR>METAL STORM DEMONSTRATES REVOLUTIONARY WEAPONS
SYSTEM.<BR><BR>International ballistics technology company, Metal Storm
Limited,<BR>today announced it had successfully completed its first major
test<BR>firing demonstration in the US, of its revolutionary, 100%
electronic<BR>weapons systems.<BR><BR>Senior personnel from the Pentagon and
US Armed Forces viewed the<BR>secured firing demonstrations at the Blossom
Point range outside<BR>Washington DC on July 19 and 20. Metal Storm's
technology, which has<BR>no known equivalent world-wide, and which some
leading defence<BR>figures have described as the most significant
breakthrough in<BR>ballistics over the past 100 years, is being closely
evaluated by the<BR>US Defense Department as a "new age" addition to its
armory.<BR><BR>In March 2000 the Defense Advanced Research Projects Agency
(DARPA) -<BR>the body responsible for milestone defence projects including
the<BR>Stealth Fighter, M16 Assault Rifle and the JSTARS radar -
contracted<BR>a consortium containing Metal Storm to develop a prototype
advanced<BR>sniper rifle based on the technology. Mr Mike O'Dwyer, CEO of
Metal<BR>Storm, said that the test firings provided US defence
representatives<BR>with their first viewing of Metal Storm's prototype
weapons systems<BR>including:<BR><BR>* a six barrel 9mm system with an
electronically variable burst<BR>firing rate as high as 240,000 rounds per
minute. This system is a<BR>smaller version of a 36 barrel prototype which
has earlier fired a<BR>burst of 180 rounds at a rate exceeding one million
rounds per<BR>minute.<BR><BR>* A 40mm test bed which fires stacked grenades
at rates as high as<BR>20,000 rpm per barrel, which is being developed as an
area-denial<BR>system to replace anti-personnel land mines as well as a
range of<BR>other strategic military and civil applications.<BR><BR>* A
totally electronic specialist police and military personalised<BR>handgun
which is being developed to also incorporate a<BR>less-than-lethal function.
There is increased safety with these<BR>weapons because their all electronic
features will allow only<BR>authorized users with the correct micro chip to
use them.<BR><BR>According to Mr O'Dwyer, several potential applications
were already<BR>generating significant interest within US defence circles,
including<BR>an anti-personnel landmine replacement, a close-in weapon
system for<BR>ship self-defence and fire fighting applications for civilian
and<BR>military use. He said the US Government's stated objective to
phase<BR>out anti-personnel landmines provided an important
commercial<BR>opportunity for Metal Storm's technology.<BR><BR>"Based on the
latest round of 40mm development and testing in<BR>Australia, we are closer
to making a Metal Storm Area Denial Weapon<BR>System a military reality," he
said.<BR><BR>The technology will be formally introduced in the US at a
press<BR>conference at the National Press Club in Washington DC on Thursday
27<BR>July. The company also announced it had recently signed an
agreement<BR>with the Bank of New York to enable trade of Metal Storm
American<BR>Depositary Receipts (ADRs) in the US in the near
future.<BR><BR>FURTHER
INFORMATION
RELEASED THROUGH:<BR><BR>Mr Peter
Wetzig
John Bayly<BR>Metal Storm
Limited
Bayly Willey Holt<BR>Phone: (07) 3221
9733
Phone: (07) 3368 2355<BR><BR>A full copy of this announcement, including
Commercialisation Update<BR>and Huntley's Smaller Companies Guide as at
19/07/2000, is available<BR>for purchase from ASX Customer Service on 1 300
300 279. Charges<BR>apply.<BR><BR>MO<BR> <BR></FONT></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A href="mailto:Lpetersen1@xxxxxxxx";
title=Lpetersen1@xxxxxxxx>LPetersen</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
href="mailto:metastock@xxxxxxxxxxxxx";
title=metastock@xxxxxxxxxxxxx>metastock@xxxxxxxxxxxxx</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> 25 July, 2000 2:11 PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: TYCO</DIV>
<DIV><BR></DIV>Tony <BR>Thanks for the heads up. <BR>I know at least one
reader who made money on your tip. :^) <BR>LPetersen <BR>
<BR>
<P>Tony Smallwood wrote:
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<STYLE></STYLE>
<FONT face=Verdana>Greetings from OZ</FONT> <FONT
face=Verdana>Thanks to those on the list kind enough to respond to my
request for info on TYCO. I not only ended up with some good TA but also
some very useful sites to help out in the future.</FONT><FONT
face=Verdana>Once you know where to go, the info available on US stocks
is outstanding.</FONT> <FONT face=Verdana>Cheers from</FONT>
<BR><FONT face=Verdana>Tony Smallwood</FONT> <BR><FONT
face=Verdana>Brisbane</FONT></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
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