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July 9, 2009

GCS Research is proud to announce that its primary spin-off company, TerraEchos Inc., formed in 2006 to commercialize exclusively licensed US Navy technology, has recevied a substantial private equity placement by S&K Technologies Inc.  The terms of the investment were not disclosed.  GCS Research sold a percentage of its stock in TerraEchos Inc. as part of the transaction, achieving an important liquidity event and affirmation of strategic milestones associated with its historical investments in TerraEchos Inc. 

"We are very excited about this outcome of this deal with S&K Technologies Inc.," states Dr. Alex Philp, President and Founder of GCS Research LLC.  "We see this as providing a solid foundation for the growth of TerraEchos Inc., and serves as an important validation of GCS Research's investment in TerraEchos Inc. and our commitment to the US Navy."

GCS Research provides strategic geospatial software support solutions and interface applications as part of the overall Adelos software architecture.  GCS Research will continue to support TerraEchos Inc. and its parent, S&K Technologies Inc., in building next-generation geospatial and temporal software solutions for integrated situational awareness involving real-time sensor data streams, standardizing on SML implementation, and advanced network-centric systems. 

For the complete announcement, please see:  S&K Technologies Inc.

For more information, please contact Mr. Mike Beltz, VP Sales and Marketing, GCS Research LLC, 406-532-3254. 


July 9, 2009
Press Release: GCS Research Subsidiary, TerraEchos Inc., Receives Strategic Investment from S&K Technologies Inc.

GCS Research is proud to announce that its primary spin-off company TerraEchos Inc., formed in 2006 to commercialize exclusively licensed US Navy technology, has recevied a substantial private equity placement by S&K Technologies Inc. 

The terms of the investment were not disclosed.

GCS Research sold a percentage of its stock in TerraEchos Inc. as part of the transaction, achieving an important liquidity event and affirmation of strategic milestones associated with its historical investment in TerraEchos Inc.

GCS Research provides strategic geospatial software support solutions and interface applications as part of the overall Adelos software architecture.  GCS Research will continue to support TerraEchos Inc. and its parent, S&K Technologies Inc. in building next-generation geospatial and temporal software solutions for integrated situational awareness involving real-time sensor data streams, standardizing on SML implementation, and advanced network-centric systems.

For the complete announcement, please see:  S&K Technologies Inc.

For more information, please contact Mike Beltz, VP of Sales and Marketing, GCS Research LLC, at 406-532-3254.