Call Us : (908) 233-7503 (US) Email : firstname.lastname@example.org
WhisprWave® Floating Security Barriers Designated as a Qualified Anti-Terrorism Technology
SUMMIT, N.J. — April 14, 2011 — Wave Dispersion Technologies, Inc. (WDT) the industry’s premier provider of boat barriers and floating security barriers, has earned the prestigious United States Department of Homeland Security (DHS) SAFETY Act Designation, and the WhisprWave® Small Craft Intrusion Barrier (SCIB) and the WhisprWave® Vessel Exclusion Barrier (VEB) products are now designated as Qualified Anti-Terrorism Technologies (QATT).
The Support Anti-terrorism by Fostering Effective Technologies Act of 2002 (SAFETY Act) provides important legal liability protections for providers of QATT, and for customers who use them. The goal of the SAFETY Act is to encourage providers to develop and deploy new and innovative anti-terrorism products and services by providing risk mitigation and liability protections. Congress has stated that the purpose of the SAFETY Act is to “ensure that the threat of liability does not deter potential manufacturers or sellers of anti-terrorism technologies from developing and commercializing technologies that could save lives.”
WhisprWave® Boat barriers provide a strong deterrent against the threat of a small boat being used to deliver a Water Borne Improvised Explosive Device (WBIED) against another vessel, maritime critical infrastructure, or other key resources. This specific scenario was detailed as a real and significant threat in the Department of Homeland Security’s Small Vessel Security Strategy published in 2008 and updated in 2010.
“We feel that WDT’s WhisprWave® boat barriers SAFETY Act designation will help us to better support DHS’s overall mission, mitigate the small boat threat, provide growth opportunities for our small business and lead to job creation,” said Dennis G. Smith, Founder and CEO of WDT.
To qualify for the SAFETY Act Designation, WDT submitted a formal application to the DHS that underwent a technical and economic evaluation. Technologies eligible for SAFETY Act status include products, equipment, services, devices and information technologies. These must be intended to limit the harm that might result from acts of terrorism and to detect, identify, prevent or deter such acts.
“Very few companies have achieved this type of approval from DHS, and the level of scrutiny involved is extraordinary. This definitely represents a vote of confidence in the technology,” said Dana Rozycki of Rozycki Associates, LLC, a consulting firm that assisted with the application process.
For more information, visit http://www.whisprwave.com or call Jonathan B. Smith at (908) 233-7503.
About Wave Dispersion Technologies, Inc. (www.whisprwave.com):
Wave Dispersion Technologies, Inc. is the world’s leading manufacturer and marketer of floating security barriers and floating wave attenuators, with over 50 product installations, on four continents, of its patented WhisprWave® line of innovative maritime solutions for the following markets: government, military, commercial and consumer. The Company has been developing the technology for 15 years and holds eight Domestic and International Patents for design and utility, with another 20 patents pending. The Company has received U.S. Department of Homeland Security SAFETY Act Designation and the products have been designated as Qualified Anti-Terrorism Technologies (QATT).
About Rozycki Associates, LLC (www.govt-contracts.com):
Rozycki Associates, LLC assists federal contractors with contracts management and regulatory compliance, with a focus on GSA Schedule negotiation and management.
More about the SAFETY Act of 2002 (www.safetyact.gov):
Jonathan B Smith
Chief Operating Officer
Wave Dispersion Technologies, Inc.
“No one ever got fired for buying DHS SAFETY Act Qualified Anti-Terrorism Technology (QATT)” (or “Nobody gets fired for buying DHS SAFETY Act QATT) means that no one gets fired to making the safe pick and a product vetted by the US Department of Homeland Security. Other companies might offer lower prices, but they often come with substantial reputational and career risks.
More about the SAFETY Act of 2002 (www.safetyact.gov):
FOR IMMEDIATE RELEASE
Tsunami Uncovers Nuclear Reactor’s Thirst and Highlights Need for Boat Barriers
Incident Reinforces the Fact that Water Intakes Require Additional Security Measures to Protect them from Small Boat Attack
SUMMIT, N.J. — March 25, 2011 — Establishing, demarcating and physically securing maritime security zones with boat barriers around the cooling water intakes and waste water discharges for America’s 104 nuclear power plants is a necessary nuclear security upgrade, particularly in light of the recent Tsunami induced nuclear disaster in Japan. The Tsunami that struck Japan on March 11, 2011 created a domino effect that resulted in the Fukushima Ai Ichi Nuclear Power Plant’s reactors overheating due to the failure of its water-cooling system. This incident put a global spotlight on a key vulnerability of the world’s nuclear reactors.
In light of the events of 9/11, security officials have been vocal about the need to improve critical infrastructure security. Boat barriers provide a visible physical deterrent for inadvertent recreational boat traffic from entering the security zone. Boat barriers also establish a physical layer of security to deter, deny and delay terrorists utilizing water-borne improvised explosive devices (WBIED) delivered via a small boat.
There have been a number of small boat terrorist attacks against critical infrastructure assets. In October 2002, a 15-foot suicide small boat attacked the M/V Limburg, a French-flagged VLCC supertanker, off the coast of Yemen, disabling it and causing substantial explosion and fire related damage. In October 2001, the Tamil Sea Tigers in Sri Lanka attacked the M/V Silk Pride, an oil tanker, with five small boats, also damaging and disabling this vessel. While refueling in the Port of Yemen in October 2000, the USS Cole was attacked by an explosives laden small boat, which put a gaping hole in the side of the vessel. The small boat threat is real and the need for boat barriers to protect high value and critical infrastructure is clear.
The US Department of Homeland Security’s (DHS) strategy for the small boat threat is outlined in “The 2008 Small Vessel Security Strategy.” The document outlines four primary threat types posed by small boats, the WBIED specific threat is outlined below:
“Use of small vessels as Water Borne Improvised Explosive Device – small, explosive-laden vessels used as “boat bombs” against another vessel, maritime critical infrastructure, or key resources”
A WBIED small boat attack resulting in the starvation of a nuclear reactor’s cooling supply is the scenario that is most likely considered, further supporting the logic that nuclear cooling intakes need to be protected by boat barriers.
On April 29, 2003 The US Nuclear Regulatory Commission (NRC) issued a revision to its Design Based Threat (DBT) (which describes the approximate size and attributes of the threats against which licensees must defend their facilities). These included the implementation of security measures to guard against waterborne attacks. Waterborne attacks via small boat or otherwise are clearly on the NRC’s security roadmap. The exact details of the plans are classified, but in light of the nuclear incident in Japan it is prudent for the US Nuclear Industry to “harden” its security infrastructure and implement robust, survivable and industry tested boat barriers, such as the WhisprWave® line of floating security barriers.
For more information, visit http://www.whisprwave.com or call Jonathan B. Smith at (908) 233-7503.
About Wave Dispersion Technologies, Inc.:
Wave Dispersion Technologies, Inc. is the world’s leading manufacturer and marketer of floating security barriers and floating wave attenuators, with over 50 product installations , on four continents, of its patented WhisprWave® line of innovative maritime solutions for the following markets: government, military, commercial and consumer. The Company has been developing the technology for 15 years and holds eight Domestic and International Patents for design and utility, with another 20 patents pending.
Demonstration of WhisprWave® Floating Security Barrier’s robust ability to thwart a small boat threat / small boat attack.
Seabees assigned to Naval Mobile Construction Battalion 27 homeported in Brunswick, Maine along with the Army 341st Multi Role Bridge Company and Marine Corps Kilo Co. 3rd Battalion, 7th Marines recently completed a construction project in support of Operation Iraqi Freedom in al Anbar province.
The Mission consisted of constructing an 800 foot incursion barrier spanning the Euphrates River. Petty Officer 1st Class Brian Workman, of Lowell, Mass., Lead Petty Officer for NMCB-27 lead the project which included steelworkers, construction mechanics, equipment operators and an engineering aid and builder from NMCB-27 as well as coordinated all efforts between the other services.
MEDIA CONTACT: Jonathan B. Smith, 248.229.9010, email@example.com
Inc. Magazine Reveals Its 26th Annual List of America’s
500 Fastest-Growing Private Companies
Wave Dispersion Technologies, Inc. Ranks No. 203 on the 2007 Inc. 500
With Three-Year Sales Growth of 1,060%
NEW YORK, August 23, 2007 – Inc. magazine today ranked Wave Dispersion Technologies, Inc. No. 2003 (Click Here) on its 26th annual Inc. 500 list of the fastest-growing private companies in the U.S.
“If you want to find out which companies are going to change the world, look at the Inc. 500,” said Inc. Editor Jane Berentson. “These are the most innovative, dynamic, fast-growth companies in the nation, the ones coming up with solutions to some of our most intractable ills, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can’t live without. The Inc. 500 list is Inc. magazine’s tribute to American business ingenuity and ambition.”
Wave Dispersion is a company that has a patented product called WhisprWave®, which creates marine security barriers and also floating articulated breakwaters. The technology was developed in 1998 and was first installed at that time as a breakwater. Then in 2000, the U.S. Navy asked us to design a security barrier for protection of their ships and ports. Since the USS Cole was attacked in 2001 and the 9/11 attack, the company has grown substantially. Our product, called the Small Craft Intrusion Barrier or SCIB, is now the standard product in the world. It has been installed in the United States and also overseas.
The 2007 Inc. 500, as revealed in the September issue of Inc. magazine (on newsstands August 28 – October 2), reported aggregate revenue of $16 billion and median three-year growth of 939 percent. Most important, the 2007 Inc. 500 companies were engines of job growth, having created more than 64,064 jobs since those companies were founded.
Complete information on this year’s Inc. 500, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at www.inc.com/inc5000.
Hottest Regions for Fastest-Growing Companies
After several years of losing ground to the Washington, D.C., area, California is flush with 81 Inc. 500 companies in 2007, up from 66 last year. Texas is home to 38 of the fastest-growing companies (up by six), followed by Virginia with 35 (up one company from last year), and New York with 26 (down by eight companies), and Florida with 26 (up one company).
Washington, D.C., is the top metropolitan area for the fifth consecutive year, with 40 of the fastest-growing companies, down slightly from 43 last year. New York City is a close second, with 38 (down four companies from last year), followed by San Francisco with 26 (up seven companies from last year), Los Angeles with 25 (no change), and Boston with 22 (down two companies).
Interestingly, finance and advertising–two industries often associated with New York–contributed a quarter of California’s total.
Hottest Industries for Fastest-Growing Businesses
The most notable median growth categories among Inc. magazine’s list of the 500 fastest-growing businesses is in the Environmental Services category (which grew by 1,425.4 percent on average), followed by Food & Beverage (which grew by 1336.8 percent on average), Media (which grew by 1,179 percent on average), Health (which grew by 1,105.5 percent on average), and Telecommunications (which grew by 1,056.5 percent on average).
The largest business category is IT Services, with 55 Inc. 500 companies in this category. Advertising & Marketing and Human Resources (both with 48 companies), Government Services (38 companies), and Software (37 companies) round out the top five industries ranked on the 2007 Inc. 500.
Industries reporting the highest total revenue from 2003 – 2006 are Health ($3.2 billion), Real Estate ($2.1 billion), Advertising & Marketing ($1.14 billion), Human Resources ($883 million), and Retail ($873.6 million).
The 2007 Inc. 500 list measures revenue growth from 2003 through 2006. To qualify, companies had to be U.S.-based and privately held, independent – not subsidiaries or divisions of other companies – as of December 31, 2006, and have had at least $200,000 in revenue in 2003, and $2 million in 2006.
Companies can apply for next year’s Inc. 500 and Inc. 5,000 by registering with IncBizNet, the new social network for private companies that will launch this fall on Inc.com.
Introducing the Inc. 5,000 – the Inc. 500, Plus 4,500 New Fast-Growing Companies
This year, Inc. expanded the Inc. 500 list tenfold, to create the first-ever Inc. 5,000, the most comprehensive look at the most important segment of the economy – America’s independent-minded entrepreneurs. Complete results of the Inc. 5,000 can be found at www.inc.com/inc5000, where you can scan profiles of honorees, view lists of the fastest-growing companies by industry and region, and sort the data according to your own parameters.
About WDT: http://www.whisprwave.com/
The Global Leader in Maritime Homeland Port Security Barrier & Buoy Protection SystemsWave Dispersion Technologies, Inc. (WDT) has developed the patented WhisprWave® floating articulated breakwater technology to afford erosion control protection to shoreline beaches, coastal marinas, anchorages, and other areas subject to destructive erosion wave / wake forces. The WhisprWave® barrier designs are currently installed, being demonstrated or being reviewed by many US Agencies including but not limited to the US Army Corp of Engineers “USACE”, US Navy “USN”, US Coast Guard “USCG”, US Army “USA” and US Bureau of Reclamation “USBR” for applications that range from Homeland Security / Force Protection to Beach Erosion Protection to Marina Wave & Wake Protection.WhisprWave® breakwater technology has wide ranging maritime applications from erosion control to homeland security. The Company has been developing the technology for several years and holds 8 Domestic and International Patents for the WhisprWave®’s unique design and utility, with an additional 20 patents pending.
About Inc. magazine:
Founded in 1979 and acquired in 2005 by Mansueto Ventures, LLC., Inc. magazine (http://www.inc.com/) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 681,421, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology.
By Scott Higham and Robert O’Harrow Jr.
Washington Post Staff Writers
Thursday, May 24, 2007; A01
Excerpt from the story:
After the Cole bombing, the Navy decided it would deploy hundreds of 82-foot-long, 8-foot-wide, floating rubberized barriers to prevent terrorists from getting close to its ships while in port. The barriers would be held in place by a system of anchors, large foam buoys and chains. A network of underwater sensors would detect potential threats.
NCIS had preferred contractors it wanted to hire for the job, auditors would find, and it did not want to undertake an elaborate and time-consuming open competition for the work.
So NCIS turned to the GSA and a program at the time reserved for small businesses that permitted government agencies to hire companies without seeking traditional bids. The program allowed government officials to buy products and services directly from companies after their prices for labor and overhead had been approved by GSA contracting officials. GSA collects user fees from companies for helping to facilitate those kinds of transactions.
In the boat-barrier case, the GSA, at the request of NCIS, selected Northern NEF of Colorado Springs as the prime contractor for the project, documents show.
Northern was a small technology firm — small enough that did not have to compete under federal rules for government contracts unless they were worth more than $3 million. It had never worked on a boat-barrier project before, but it had worked for the Pentagon on other projects.
Northern was told by NCIS officials to hire P-Con Consulting of Alexandria. The company’s sole employee was Patrick Condon, who already worked as a security consultant to NCIS. Condon received a title for his role in the project: deputy program manager for Navy boat barriers.
“Northern NEF officials said they had been directed by the Navy to procure the barriers through the consulting firm instead of dealing directly with the manufacturer,” auditors wrote in a 2004 report. “We found documentary evidence that showed the consulting firm was the Navy’s ‘recommended’ contractor.”
P-Con, in turn, hired a company in England to manufacture the barriers and one in Northern Virginia to install them.
The former director of government programs for Northern, Dave Nelson, said in a recent interview that he did not know why NCIS selected his company or why his company was directed to hire P-Con.
“Northern played middleman,” Nelson said.
Northern stayed below the $3 million threshold when it sought payments for the work from the GSA, invoices show. Each individual payment was approved by NCIS and the GSA as though they were separate projects, even though the work was being done under one contract.
Federal contracting regulations prohibit splitting up payments to avoid competition limits.
“Almost all of the over $53 million in boat barrier harbor tasks we analyzed were split to avoid the competitive threshold,” GSA auditors wrote in their report.
Between September 2001 and February 2003, at least 30 invoices came in under the $3 million limit. Three examples:
· 55 boat barriers for $2.6 million on Sept. 28, 2001.
· 24 for $1.4 million on Oct. 1.
· 58 for $2.9 million on Oct. 12.
On May 9, 2002, three invoices came in for an identical amount — $2,956,762 each. On Feb. 14, 2003, six invoices came in for $2,678,813 apiece.
GSA officials later told auditors they “believed each order represented a discrete boat-barrier system installed at a discrete harbor, but this was clearly not the case.”
Nelson said Northern officials knew the project was being structured to stay beneath the $3 million cap. But he said company officials believed that it was being done properly by NCIS and GSA in the interests of speed and national security.
“It was pretty obvious what they were doing,” said Nelson, who is now at another company. “We figured somebody who was in authority knew what they were doing. We didn’t go out and try to win this work. It just came our way.”
At each step in the process, Northern and P-Con received a percentage of the proceeds from the project.
For example, the base cost for each boat barrier was supposed to be $45,250. Northern charged a 4.8 percent fee for “acting as GSA’s order administrator,” the auditors said. P-Con charged a 7.5 percent on all expenses as a “Consultant Markup.” The final cost to taxpayers for each boat barrier was $50,978.65, auditors estimated.
Even larger markups took place for the installation of the barriers and the buoys to hold them in place, documents show. The base cost for each buoy was supposed to be $31,000. The company responsible for installing the barriers added a 9.8 percent administrative fee and another unspecified 20 percent fee. Company officials told auditors the fees were the standard industry markup.
Northern charged another 5 percent fee. The final cost to taxpayers for each buoy was $42,825.68, documents show.
“Millions of dollars were wasted by compensating the contractors for doing little more than placing orders with other favored contractors to do the actual work,” the auditors said.