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SecurityStockWatch.com May 16 alerts




RYE BROOK, N.Y. -May 16, 2006 - SecurityStockWatch.com alerts. These are some of the stocks we are watching today based on yesterday's news.

Armor Holdings (AH), Computer Associates (CA), Computer Sciences (CSC), ManTech (MANT), Raytheon Company (RTN) and Viisage (VISG).

Each of these companies is included in our May 2006 Investment Guide To 350+ Security Stocks which is available at: www.securitystockwatch.com. Armor Holdings (AH) - traded up 23 cents, on 561,700 shares, and closed at $58.63.

Armor Holdings (AH), announced May 15 that it has amended its merger agreement with Stewart & Stevenson Services, Inc. to reflect an increase in purchase price from $35.00 to $36.50 per share, contingent on approval of the merger by S&S shareholders at a special meeting scheduled to be reconvened on May 25, 2006 at 9:00 a.m. Houston time.

Computer Associates (CA) - traded down 92 cents, on 8,385,000 shares, and closed at $23.51.

Computer Associates (CA) announced May 15 a new mainframe encryption solution that streamlines management of the entire tape encryption process for all z/OS application data, making it easier for customers to reduce the risk of unauthorized access to confidential information and fulfill escalating compliance requirements.

Computer Sciences (CSC) - traded down 14 cents, on 729,300 shares, and closed at $57.67.

Computer Sciences (CSC) announced May 15 that it is one of five firms that have been awarded a Principal Resource for Information Management Enterprise-wide (PRIME 3.2) blanket purchase agreement by U.S. Agency for International Development (USAID). The total ceiling value of the agreements for all five firms is $4 billion. The agreements were awarded under the GSA Schedule 70 contract. CSC estimates the value of its agreement, which has a one-year base period and four one-year options, to be approximately $800 million if all options are exercised.

ManTech International (MANT) - traded down 75 cents, on 322,312 shares, and closed at $35.13.

ManTech International (MANT) announced May 15 that it has been awarded previously unannounced contracts valued at more than $130 million during April 2006. The contracts, which include classified efforts valued at more than $100 million, vary in length and cover customers in different federal government agencies.

Raytheon Company (RTN) - traded up $1.01, on 2,458,200 shares, and closed at $47.27.

Raytheon Company (RTN) said May 15 it has been awarded a $36.9 million contract for production of its ALR-67(V)3 radar warning receiver system for the U.S. Navy. The ALR-67(V)3 is the state-of-the-art radar warning receiver on U.S. Navy F/A-18E/F carrier-based tactical aircraft.

Viisage (VISG) - traded up 19 cents, on 334,545, shares, and closed at $14.89.

Viisage (VISG) reported results May 15 for the first quarter ended March 31, 2006. The quarterly results are being reviewed by the Company's new independent registered public accounting firm, Deloitte & Touche, LLP. The Company anticipates filing its Form 10-Q with the Securities and Exchange Commission later this week. Revenue for first quarter of 2006 was $23.4 million compared to $16.8 million in the first quarter of 2005, and was above the high-end of the Company's previously provided guidance of $20.0 million to $22.0 million. Revenue from Integrated Biometrics Technology (IBT) and SecuriMetrics that were acquired December 16, 2005 and February 17, 2006, respectively, are reflected from their dates of acquisition. The Company reported a first quarter net loss of $2.2 million, or $0.07 per diluted share, compared to a net loss of $1.6 million, or $0.09 per diluted share in the first quarter of 2005. The Company had previously guided to a loss between $0.10 and $0.14 per diluted share. The Company is reporting a non-cash charge of $626,000 for stock-based compensation in connection with the adoption of FAS 123 in the 2006 first quarter.

Several of the companies included in our May 2006 Investment Guide To Security Stocks will also be presenting at Rodman & Renshaw's upcoming 3rd Annual Security, Biodefense & Connectivity Investor Conference, to be held on June 19th at the St. Regis Hotel, in New York. The Conference, which brings together over 50 emerging growth biodefense, security and connectivity companies, is a unique opportunity for companies to showcase their technologies and for the investment community to access some of the most exciting opportunities in the security, biodefense, and connectivity space. This is a great opportunity to witness companies, evolving from cutting edge, innovative research platforms to companies with products paramount to today's needs. The event will unite companies with institutional investors, venture capitalists, senior corporate executives and experts from the scientific and government communities. The format of the Conference will include company presentations, breakout sessions, and one-on-one meetings with presenting companies. For Further Information & Registration, please contact Lily Khaykina at (212) 356-0529 or email: LK@rodmanandrenshaw.com or visit: www.rodmanandrenshaw.com.

Also available at SecurityStockWatch.com: - Investment Guide To 80+ Alternative Energy Stocks: www.securitystockwatch.com Oil prices are heading higher which alternative energy companies will benefit?

- Investment Guide To 70+ Water Stocks: www.securitystockwatch.com Demand for water is growing faster than population growth. These water companies may benefit.

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Deborah Gilbert | Tel: +1 914 690 9351 | e-mail: Deborah@SecurityStockWatch.com | WWW: www.SecurityStockWatch.com