UnderSea Recovery Corporation

"Combining technology and archaeology to maximize value and preserve cultural heritage."

News Items Main-Page
Current News
Press Releases
Main Directory
UNSR Main Page

Corporate Profile

Investor Resources

R and D Technology

Projects

Contacts

UnderSea Recovery Corporation Press Release: November 15, 2005

Legal Access Technologies, Inc. Announces Investment Banking Agreement

Legal Access Technologies, Inc. (OTC BB: LGAL), whose name is currently being changed to UnderSea Recovery Corporation (UnderSea), announced today that it has signed a one year non-exclusive investment banking agreement with S.G. Martin Securities LLC of Rocky Point, New York. (The entire agreement is available on our web site www.unsr.com).

Legal’s CEO, Herbert Leeming, stated, “S. G. Martin Securities is a full service investment management and brokerage company which has a broad range of capabilities. I have worked with the group at S.G. Martin Securities previously and have great faith in both their judgment and abilities.”

UnderSea has identified a number of shipwrecks, in Europe, Central and South America, and Southeast Asia. Currently UnderSea is reviewing project research, as well as pursuing four foreign government search and recovery agreements for these sites and a non-government joint venture. Additionally the Company is developing its proprietary location and recovery technologies including: a 3-D high resolution sub-bottom imaging SONAR and a system of rapidly-reconfigurable polymorphic remotely operated devices . Although these technologies are not required for the projects currently under consideration the company expects these technologies to improve the efficiency and profitability of future search and salvage operations.

Forward-Looking Statements Caution:

This release contains “forward-looking statements,” Such statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on expectations, estimates, and projections that involve a number of risk and uncertainties (some of which are described in the Company’s Annual Report for 2004 on Form 10-KSB filed with the SEC) which could cause actual results or events to differ materially from those anticipated. Legal Access Technologies, Inc. does not undertake to update any of its forward-looking statements that may be made from time to time.

Legal Access Technologies, Inc.
Herbert Leeming, 404-368-8500
leeming@unsr.com
www.unsr.com

Source: Business Wire (November 15, 2005 - 1:02 PM EST)

 

 

      This Web Site is currently under construction. Information is currently being added. If you have any questions please contact: info@unsr.com