Spectrum Sciences & Software Completes Strategic Acquisition

Spectrum Sciences & Software Holdings Corp. (www.specsci.com), highly focused on homeland security through the provision of full-service, quality solutions to complex and diverse government initiatives, announced today the completion of the acquisition of Coast Engine and Equipment Company, Inc. (CEECO), a Florida based company.

CEECO is a profitable operation, which provides a diversified array of ship repair, metal fabrication, and design services to both commercial and governmental clients. William Ham, President and CEO, stated, "We will expand current CEECO operations, use the facility to accommodate existing and future Spectrum projects and, thanks to the strategic Cape Canaveral location, be better positioned to pursue more contracts."

Ham continued, "This acquisition is a positive step for Spectrum, as we continue to execute our stated business objectives. It was important to us to keep management in place and that was accomplished. We will enhance and aggressively expand on what CEECO has already accomplished, with clients such as the U.S. Navy, Disney Cruise Lines, the U.S. Coast Guard and Rinker Cement."

Coast Engine and Equipment Company, Inc has been in business and operated by its current owners since March 1, 1991. Its 15,000 sq ft facility is located in a prime location on Florida's east coast in world famous Port Canaveral, the second busiest cruise ship port in the world and a seaport commended for having a level of security comparable to an airport by U.S. Secretary for Homeland Security, Tom Ridge.

This location is centrally positioned providing access to Patrick Air Force Base, Kennedy Space Center, six cruise terminals, and Cocoa Beach, and is less than an hour from Orlando.

CEECO's specialties include a full array of electrical and electronic repair, equipment and machinery repair and overhaul, HVAC and refrigeration servicing and repair, pipe fabrication and installation, certified welding services, metal and sheet metal fabrication and installation, custom insulation services, custom flooring services and machinery.