Earth Search Sciences, Inc. (OTCBB:ESSE), a leading commercial provider of revolutionary hyperspectral remote sensing technology, today announced the completion of an independent economic study showing the hyperspectral market potential to be approximately $1 billion. Dr. Joe Zamudio, a leading hyperspectral technology scientist, said Intellisense, Inc. found that PROBE 3 � the new third generation instrument design � is likely to surpass its leading edge predecessor PROBE 1 in all operating characteristics, including resolution, survey efficiency, data reliability, and substantial signal-to-noise reduction. Both designs were developed and are owned by Earth Search Sciences. According to Larry F. Vance, Chairman, the PROBE 3 allows the company to move forward with the next stage of its strategic business plan. �A key component of our strategy will be to focus our technology on the exploration, discovery and development of economic resources to build shareholder value," said Vance. �We believe the PROBE 3 will allow Earth Search to compete with anyone in the market. As a result, and as this economic study indicates, we believe we now have the potential to achieve increased market share and the ability to develop our own discoveries in the oil, gas and mineral resource sector, ultimately building shareholder value.� About Earth Search Sciences Earth Search Sciences, Inc.�s (OTCBB:ESSE) revolutionary hyperspectral technology provides the ability to accurately read the chemical properties of surface substances from great altitudes and produce easily interpreted maps allowing the user to identify specific minerals and substances on the surface of the earth by their diagnostic reflectance patterns. Ultimately, this remote sensing capability�identifies a greater number of exploration targets quickly and economically, monitors the environmental situation, and improves the probability of finding anomalies. Older, more conventional methods would take�decades to cover the same area, and at a much greater cost. Within the realm of exploration, remote sensing does not replace the need for geological knowledge, geochemistry, geophysics, seismic, drilling, etc, which are some of the more conventional tools used for exploration. This news release includes forward-looking statements that involve a number of risks and uncertainties. The information reflects numerous assumptions as to industry performance, general business and economic conditions, regulatory and legal requirements, taxes and other matters, many of which are beyond the control of the company. Similarly, this information assumes certain future business decisions that are subject to change. There can be no assurance that the results predicted here will be realized. Actual results may vary from those represented, and those variations may be material.
Earth Search Sciences (CE) (USOTC:ESSE)
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