ATLANTA, Nov. 7, 2008 (GLOBE NEWSWIRE) -- Legal Access Technologies, Inc. (Pink Sheets:LGAL), d/b/a UnderSea Recovery Corporation, announced today plans to rapidly expand its operations by leveraging its proprietary marine detection technology in the search and recovery of historic shipwrecks. The Company is in discussions in Mexico concerning its proposal to procure permits to explore for historic shipwrecks in the territorial waters of Mexico. The Company will be negotiating with the National Institute of Anthropology and History and other agencies for the appropriate survey agreements.
The Company has identified potential projects worldwide and currently is reviewing, updating and supplementing its project research. The Company is also developing proprietary shallow water detection technology and continuing to develop its deep-water 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.
The Company is also upgrading and expanding its Internet site to better reflect its operations and activities. See www.unsr.com.
LGAL is working with companies in Mexico to support a collaborative effort and plan with the Mexican Federal and State Governments to reach an accord for search and recovery operations in Mexican territorial waters off the Gulf and Pacific coasts. They include:
Equity Global Developers, S.A. de C.V., a group of companies associated with UnderSea since it was formed.
Ochoa-Armendariz, Abogados, SC, a respected Mexican law firm which specializes in government projects.
G-4 Corporativo, S.A., a Mexican company which will provide LGAL with lobbying support with Mexican Government authorities such as: INAH, CONACULTA, SEP and SEMARNAT.
The University of Anahuac and Tec de Mtey, two Mexican schools which will provide services to LGAL and EGD in conjunction with the National Autonomous University of Mexico (UNAM).
Forward-Looking Statements Caution:
This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.