Released on = July 18, 2006, 11:42 am

Press Release Author = Econ Corporate Services, Inc

Industry = Defense

Press Release Summary = HomelandDefenseStocks.com Spade Defense Index Sector Update
Evaluates the Impact for Investors in Defense and Homeland Security

Press Release Body = POINT ROBERTS, Wash., July 18, 2006 -
www.HomelandDefenseStocks.com (HDS), a global investor and industry news portal for
the homeland defense and security sector, presents a Spade Defense Index Sector
Update. With the conflict between Israel and Hezbollah creating one the decade's
most serious Middle East crises, many within the investment community are evaluating
its potential market impact. Scott Sacknoff, President, The Spade Defense Index®
(AMEX: DXS) provides insight into the homeland security and defense market
domestically and abroad in light of the Middle East volatility.
Israel's Prime Minister Ehud Olmert told the Israeli parliament on Monday that the
offensive against the Hezbollah will continue until the two captured soldiers are
returned, and the Lebanese army takes control of southern Lebanon. While a
diplomatic resolution has yet to be achieved, international leaders are working
towards solutions to help contain and resolve the situation to avoid further
bloodshed.
In looking at the potential impact for investors and participating companies in the
security sector, Scott Sacknoff explains, "As a leading exporter of defense
equipment to the world, especially to Israel, companies exporting there should see
orders for replacement parts and equipment to replace that which is being used. Were
the conflict to expand into Iran and Syria, it would likely bring some reaction by
the United States. Similarly, nearby countries such as Egypt, Jordan, and Saudi
Arabia which have relationships with Israel and the United States could also end up
in the foray. In these cases, U.S. aid and overall spending on defense systems
would rise. If the end result is a destabilized region or one where tensions
continue to be high, then the forecasted slowing in the growth of U.S. expenditures
on defense might be delayed."

To Read the Interview in Full Click Here:
http://www.homelanddefensestocks.com/Content_Partners/SI/news/july06a.asp

Recent Online Audio Spade Defense Index Reports:
June 2006: http://www.homelanddefensestocks.com/Content_Partners/SI/news/june06.asp
May 2006: http://www.homelanddefensestocks.com/Content_Partners/SI/news/May06.asp

www.HomelandDefenseStocks.com (HDS), and
www.NationalHomelandSecurityKnowledgebase.com (NHSK), portals within the
InvestorIdeas.com content umbrella, do not make recommendations, but offer unique
free information portals to research news, articles, blogs, interviews and a growing
list of participating public companies in the security industry.

HomelandDefenseStocks.com Portal Sponsors: (HDS is compensated by TraceGuard
Technologies Inc. and Technest Holdings, Inc. as disclosed in disclaimer)

TraceGuard Technologies, Inc. (OTCBB: TCGD) develops systems for screening and
detection of explosives and other hazardous materials, a rapidly expanding segment
of the global homeland security market. The Company recently announced the opening
of a new research and development facility in Tel Aviv, Israel. For More Info on
TraceGuard: http://www.homelanddefensestocks.com/CO/TCGD/Default.asp

Technest Holdings, Inc. (OTCBB: TCNH) is a provider of advanced remote sensor
systems, chemical detectors, intelligent surveillance and advanced 3D imaging
technology solutions to the defense and homeland security marketplaces with
applications in border security, intelligence, engineering services and training.
For More Info on Technest: http://www.homelanddefensestocks.com/CO/THNS/Default.asp

Additional Homeland Security Content:
HomelandDefenseStocks.com (HDS) provides a variety of global defense and security
content through: The Defense Market Report, by James H. Smith, Homeland Defense
Business Correspondent for MSNBC, CNN and the BBC; The Spade Defense Index with
Scott Sacknoff, Mallon\'s Security Report by Mallon Associates and the HDS Blog all
available at: http://www.homelanddefensestocks.com.

HDS also includes one of the most comprehensive free Homeland Security stock lists
in the investment industry:
www.HomelandDefenseStocks.com/Companies/HomelandDefense/Stock_List.asp

Hear the latest CEO and analyst interviews, roundtables with industry experts and
online investor conferences as an additional source of research and due diligence on
our audio investor portal: http://www.audioinvestorforum.com/audio_stocks/


Disclaimer: HomelandDefenseStocks.com does not make recommendations, but offers a
unique information portal to investors to research news, articles, and recent
research. Nothing on our sites should be construed as an offer or solicitation to
buy or sell any specific products or securities. All investments involve risk.
Although we attempt to research thoroughly, we offer no guarantees as to the
accuracy of any information presented. We encourage all investors to use our sites
only as a resource to further their own research. All information relating to
featured companies is sourced from public documents and/ or the company and is not
the opinion of ECON or its related web sites. The site is currently compensated for
by its \"featured companies.\" Technest Holdings, Inc. (OTCBB: TCNH) Five thousand
dollars per month. TraceGuard Technologies Inc (OTCBB: TCGD) Five thousand dollars
per month plus a one time Five thousand dollars equivalent in shares. HDS is not
compensated by the Spade Defense Index. www.InvestorIdeas.com/About/Disclaimer.asp

For more information contact:

Dawn Van Zant 800.665.0411
Ann-Marie Fleming 866.725.2554
Email: dvanzant@HomelandDefenseStocks.com, or afleming@HomelandDefenseStocks.com

Source: HomelandDefenseStocks.com; TraceGuard Technologies, Inc. Technest Holdings,
Spade Defense Index



Web Site = http://www.homelanddefensestocks.com

Contact Details = Dawn Van Zant 800.665.0411
Ann-Marie Fleming 866.725.2554
Email: dvanzant@HomelandDefenseStocks.com, or afleming@HomelandDefenseStocks.com