The contract follows a presentation by the Company
earlier this year on the benefits of its patented product line of Maritime
Port Security Buoys, Barriers and Wave Attenuators .

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researchandmarkets.researchandmarkets.com/reports/c17027

Laura Wood
Senior Manager
Research and Markets
press@researchandmarkets.

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, After just one year on the air,
Alhurra Television (Arabic for "The Free One"), the Arabic-language news and
information satellite network for the Middle East, reports audience gains of
almost 50 percent over a similar survey last year . Pattiz, Chairman of the Broadcasting Board of Governor's Middle East
Committee. The sample size of the
survey was 3511; the margin of error is two percent.

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whisprwave.
The IPSOS-STAT survey also shows Alhurra TV is reaching 40 percent of the
weekly audience of Al-Jazeera, the region's most popular news channel. The 24-hour Arabic-language channel broadcasts a
diverse schedule of news, talk shows, debates, documentaries as well as
entertaining information programs on a wide variety of subjects from sports to
fashion to technology. The BBG provides oversight and
serves as a firewall to protect the professional independence and integrity of
the broadcasters.

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Rapid growth in financial services regulation in many countries has led to
demand for high quality data about agencies and institutions involved in
national and international regulatory systems and explanation of the legal
context in which they operate. This major new publication provides detailed,
consistently presented information for nearly 200 institutions.
Wave Dispersion Technologies (WDT)
(http: //www. Jonathan Smith, Managing Director.InvestorIdeas. The channel can be seen in 22 countries via Arabsat and
Nilesat.

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com/cgi-bin/prnh/20040820/RESEARCH )
This book provides a comprehensive explanation of the financial services
regulatory framework in 19 countries in the Middle East and Africa region ,
provided by leading commercial law firms in the jurisdictions. The analysis
includes a description of the nature of the regulatory regime; recent
regulatory developments; analysis of the regulatory bodies, their policies,
operational activity and relationships; scope of regulatory responsibilities ,
their application and legal basis; explanation of the international context;
future developments expected. MTN is financed by the U.

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newscom.
Israel, Herzog Fox + Neeman
Jordan, Khalifeh + Partners
Kenya, Kaplan + Stratton
Kuwait, The Law Office of Al-Essa, Al Bader and Partners
Lebanon, Etude Badri + Salim El Meouchi
Libya, MTL Law Office
Mauritius , Chambers of Sir Hamid Moollan QC
Nigeria, Aluko + Oyebode
Oman, Trowers + Hamlins
Qatar, Law Offices of Sultan M.whisprwave. The IPSOS-STAT survey shows that 61 percent of Alhurra 's weekly
audience considers its news "reliable. With reliable and credible news and information,
the network is clearly a player in the Middle East media scene," said Norman
J. (MTN), a
non -profit corporation.

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com

The Global Leader in Maritime Homeland Port Security Barrier & Buoy
Protection Systems
Wave Dispersion Technologies, Inc." This compares with 50 percent in the
spring 2004 survey . Government through a grant
from the BBG, an independent federal agency.

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(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 is currently installed, being demonstrated or being reviewed
by several agencies (US Army Corp of Engineers "USACE," US Navy "USN," US
Coast Guard "USCG") for applications that range from Homeland Security /
Force Protection to Beach Erosion Protection to Marina Wave & Wake
Protection. There are an estimated total of 98
million weekly satellite television viewers over the age of 15 in the Middle
East representing 52 percent of the 15-plus population of the region .

Includes area transportation resources for those traveling to and from, and within the Middle East region .

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(Logo: http://www. Invaluable data provided for each institution include:
Scope of Regulation; Legal Basis; Financing; Key Personnel and Organizational
Structure; History; Current Regulatory Developments; Regulatory Objectives;
Activities and Implementation; Measures to Ensure Compliance; Accountability;
Complaints and Redress; Relationships with other Regulatory Bodies; Principal
Publications." One hundred and ten senior military and
commercial security officials attended the conference primarily from the
Persian Gulf states, including Kuwait, Bahrain, Oman, Qatar, United Arab
Emirates, Saudi Arabia, Egypt, Lebanon, and Iraq.

Maritime Port Security Buoys and Barriers:

To facilitate the security needs of the US Navy, US Coast Guard, US Army,
other government agencies and commercial interests, the company has
developed the WhisprWave Technology line of Maritime Intrusion and
Exclusion Barriers and Warning Buoys for Homeland Security and Force
Protection.
"The results of this telephone poll are a most encouraging trend," said
Kenneth Y.

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Research and Markets: Analysis of Financial Services Regulatory Framework in Middle East and Africa

Al-Abdulla
Saudi Arabia, Baker Botts
South Africa, Bowman Gilfillan
Syria, Law Offices of Mazen Khaddour + Associates
Tanzania, FK Law Chambers
United Arab Emirates, Afridi + Angell

For more information visit
http://www.com and
a Featured Company on http://www.

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PRESS RELEASE WhisprWave(R) Floating Breakwater and Wave Attenuator Purchased for Use in the Port of Jebel Ali Dubai UAE

"
The IPSOS-STAT survey was conducted in Cairo and Alexandria (Egypt),
Riyadh and Jeddah (Saudi Arabia ), Damascus and Aleppo (Syria), Beirut
(Lebanon), Amman, Irbid and Zarka (Jordan), Abu Dhabi and Dubai (United Arab
Emirates), and Kuwait City (Kuwait) in February 2005.

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These overviews include:
description of the nature of the regulatory regime; recent regulatory
developments; analysis of the regulatory bodies, their policies, operational
activity and relationships; scope of regulatory responsibilities, their
application and legal basis; explanation of the international context; future
developments expected.
Alhurra, launched in February 2004, is one of the newest and most
technologically advanced channels in the increasingly crowded Middle Eastern
satellite television market.

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"

The WhisprWave is specifically designed in a modular format to increase
the product's flexibility and strength for maritime applications.

Alhurra TV Makes Significant Progress in the Middle East Gaining Audience and Credibility According to Latest Survey

In a telephone survey of
satellite television households in major cities across the region, IPSOS-STAT,
the well-respected French research company , found that more than a third (34
percent) of Arabic-speakers over the age of 15 watched Alhurra in a typical
week.

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It covers
organizations with regulatory responsibilities, whether primary or secondary,
for the banking and financial services industry on both national and
international levels.

At the fall conference, Mr.HomelandDefenseStocks. This
survey is the latest in a series of research studies from independent
companies that regularly measure Alhurra.

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This data is complemented by a
comprehensive explanation of the financial services regulatory framework in
each country , provided by the same law firm.

WDT is a Listed Private Company on http://www. Tomlinson, Chairman of the Broadcasting Board of Governors.
Alhurra is operated by The Middle East Television Network , Inc.

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"In addition to
the port security applications, we are receiving world-wide requests for
information on our product for wave attenuation applications, as global
warming heightens product awareness.

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com) announced it has recently received a purchase
contract from Naval Security Forces for the Port of Jebel Ali, in Dubai,
United Arab Emirates for 300 feet of WhisprWave large floating wave
attenuator (LFWA).

"This recent contract for the Port of Jebel, in Dubai for naval support,
illustrates the global demand for our Maritime Port Security Buoys and
Barriers," stated Mr.com

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Jonathan Smith, Managing Director of WDT,
presented a session titled "Floating Security Barriers -- Applications ,
Implementation and Procedures. The Company has been developing
the technology for several years and holds 9 Domestic and International
Patents for the WhisprWave's unique design and utility, with an
additional 18 patents pending.
"This is very encouraging, it's obvious that Alhurra programming is
resonating with its audience.

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DUBLIN, Ireland, Research and Markets
(http://www. SPRINGFIELD , Va.

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com/reports/c17027 ) has announced the addition
of Financial Services Regulators in the Middle East and Africa to their
offering.

About WDT: http://www.S.

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The unique characteristics of the WhisprWave Homeland
Defense Products include mobility, marine grade design and off-the-shelf
availability for Homeland Security maritime zone demarcation applications,
(a requirement recently mandated by the USCG for all nuclear power plants
post 9/11). "The results of this survey, conducted in the weeks right after
Alhurra's extensive coverage of the Iraqi election, are a continuing
indication that the channel is attracting a sizable audience, particularly in
the biggest cities across the Middle East.

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Contributing Law Firms to this title:
Botswana, Collins Newman + Co
Egypt, Trowers + Hamlins
Gambia, Ida D Drameh + Associates
Ghana, Laryea, Laryea + Co.com
Fax: +353 1 4100 980

WhisprWave's distinct design and application allow it to withstand waves
and sustained winds of more than 100 MPH which was demonstrated during
Hurricane Isabel in Norfolk, VA after which the WhisprWave installation
there required no repair or maintenance

WhisprWave breakwater technology has wide ranging maritime applications
from erosion control to homeland security. This compares with 23 percent in a similar IPSOS-STAT survey conducted
in the same cities in the spring of 2004.

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The information provided for each regulatory body has been reviewed by a
leading law firm in each jurisdiction.

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One
reason is that Alhurra's viewers increasingly see the channel's news as
credible.