<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN"> <html> <head> <title>The Daily Double Stock Reporter</title> <meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1"> <style type="text/css"> <!-- .style1 {font-weight: bold} --> </style> </head> <body bgcolor="#EEEEEE" marginheight="0" marginwidth="0" leftmargin="0" rightmargin="0" topmargin="0" alink="#CC0000" vlink="#CC0000" link="#CC0000"> <center> <table bgcolor="#FFFFFF" width="660" border="0" cellpadding="0" style="border-collapse:collapse"> <tr> <td><img src="http://click.billionzillion.com/images/spsc/header.gif" width="660" height="100" border="0"></td> </tr> <tr> <td background="http://click.billionzillion.com/images/spsc/dots.gif" height="1"><img src="http://click.billionzillion.com/images/spsc/clear.gif" height="1" width="1"></td> </tr> <tr> <td height="10"><img src="http://click.billionzillion.com/images/spsc/clear.gif" height="10" width="1"></td> </tr> <tr valign="top"> <td> <table width="660" style="border-collapse:collapse" cellpadding="0"> <!--section--> <tr><!--top--> <td bgcolor="#CC0000" valign="middle" height="20"> <strong><font color="#FFFFFF" face="Verdana, Arial, Helvetica, sans-serif" size="2">Stock Profile</font></strong></td> </tr> <tr> <td background="http://click.billionzillion.com/images/spsc/dots.gif" height="1"><img src="http://click.billionzillion.com/images/spsc/clear.gif" height="1" width="1"></td> </tr> <tr> <td width="660" bgcolor="#FFFFFF" style="border-collapse:collapse"> <!--content area--> <table width="100%" border="0" cellspacing="0" cellpadding="5"> <tr> <td> <!--start content here--> <table width="100%" border="0" cellspacing="0" cellpadding="2"> <tr> <td colspan="4" background="http://click.billionzillion.com/images/spsc/top.jpg" height="15"></td> </tr> <tr> <td width="24%" align="right" bgcolor="#CC0000"><strong><font color="#FFFFFF" face="Verdana, Arial, Helvetica, sans-serif" size="2">Company Name</font></strong> </td> <td width="1%" align="center"><font color="#333333" face="Arial, Helvetica, sans-serif" size="2"> </font></td> <td width="32%"><font color="#333333" face="Arial, Helvetica, sans-serif" size="2"><strong>Spectrum Sci & Software Hldgs</strong></font></td> <td width="43%" rowspan="6" bgcolor="#CC0000"><img src="http://click.billionzillion.com/images/spsc/chart_SPSC.gif" height="159" width="275" border="0"></td> </tr> <tr> <td align="right" bgcolor="#CC0000"><strong><font color="#FFFFFF" face="Verdana, Arial, Helvetica, sans-serif" size="2">Stock Symbol</font></strong> </td> <td align="center"> </td> <td><font color="#333333" face="Arial, Helvetica, sans-serif" size="2"><strong>OTCBB: SPSC</strong></font></td> </tr> <tr> <td align="right" bgcolor="#CC0000"><strong><font color="#FFFFFF" face="Verdana, Arial, Helvetica, sans-serif" size="2">Current Price</font></strong> </td> <td align="center"> </td> <td><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">$1.95</font></strong></td> </tr> <tr> <td height="26" align="right" bgcolor="#CC0000"><strong><font color="#FFFFFF" face="Verdana, Arial, Helvetica, sans-serif" size="2">Shares Outstanding</font></strong> </td> <td align="center"> </td> <td><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">19,000,000</font></strong></td> </tr> <tr> <td align="right" valign="top" bgcolor="#CC0000"><strong></strong><strong><font color="#FFFFFF" face="Verdana, Arial, Helvetica, sans-serif" size="2">Approx. Float</font></strong> </td> <td align="center" valign="top"> <font color="#333333" face="Arial, Helvetica, sans-serif" size="2"> </font></td> <td valign="top"><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">4,100,000</font></strong></td> </tr> <tr> <td align="right" valign="top" bgcolor="#CC0000"><strong><font color="#FFFFFF" face="Verdana, Arial, Helvetica, sans-serif" size="2"><!--Company Website--></font></strong> </td> <td align="center" valign="top"> </td> <td valign="top"><font color="#333333" face="Arial, Helvetica, sans-serif" size="2"><a href="http://click1.stocksnut.com/sp/t.pl?id=15310:3072113" target="_blank"><!--www.company.com--></a></font></td> </tr> <tr> <td colspan="4" background="http://click.billionzillion.com/images/spsc/bottom.jpg" height="15"></td> </tr> </table> <!--end content here--> </td> </tr> </table> </td> </tr> <tr> <td background="http://click.billionzillion.com/images/spsc/bottom_section.jpg" height="20"> </td> </tr> </table> <table width="660" style="border-collapse:collapse" cellpadding="0"> <!--section--> <tr><!--top--> <td bgcolor="#CC0000" valign="middle" height="20"> <strong><font color="#FFFFFF" face="Verdana, Arial, Helvetica, sans-serif" size="2">SPSC Highlights</font></strong></td> </tr> <tr> <td background="http://click.billionzillion.com/images/spsc/dots.gif" height="1"><img src="http://click.billionzillion.com/images/spsc/clear.gif" height="1" width="1"></td> </tr> <tr> <td width="660" bgcolor="#FFFFFF" style="border-collapse:collapse"> <table width="100%" border="0" cellspacing="0" cellpadding="5"> <tr> <td> <!--start content here--> <table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td height="1" colspan="2" align="center" background="http://click.billionzillion.com/images/spsc/dots.gif"><img src="http://click.billionzillion.com/images/spsc/clear.gif" height="1" width="1"></td> </tr> <tr> <td width="11%" height="25" align="center"><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">1</font></strong></td> <td width="89%"><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">Newly listed on the OTC Bulletin Board ? Dec. 8th 2003</font></strong></td> </tr> <tr> <td height="1" colspan="2" align="center" background="http://click.billionzillion.com/images/spsc/dots.gif"><img src="http://click.billionzillion.com/images/spsc/clear.gif" width="1" height="1" class="style1"></td> </tr> <tr> <td height="25" align="center"><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">2</font></strong></td> <td><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">2002 revenues $12 million plus</font></strong></td> </tr> <tr> <td height="1" colspan="2" align="center" background="http://click.billionzillion.com/images/spsc/dots.gif"><img src="http://click.billionzillion.com/images/spsc/clear.gif" width="1" height="1"></td> </tr> <tr> <td height="41" align="center"><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">3</font></strong></td> <td><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">9-month 2003 record revenues $10 million, per share (9 month) earnings 1 cent gain versus a 6-cent loss for (9 months) 2002.</font></strong></td> </tr> <tr> <td height="1" colspan="2" align="center" background="http://click.billionzillion.com/images/spsc/dots.gif"><img src="http://click.billionzillion.com/images/spsc/clear.gif" width="1" height="1"></td> </tr> <tr> <td height="41" align="center"><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">4</font></strong></td> <td><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">Three revenue divisions: all growing, Engineering and Information Technology, Manufacturing and Management Services.</font></strong></td> </tr> <tr> <td height="1" colspan="2" align="center" background="http://click.billionzillion.com/images/spsc/dots.gif"><img src="http://click.billionzillion.com/images/spsc/clear.gif" width="1" height="1"></td> </tr> <tr> <td height="25" align="center"><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">5</font></strong></td> <td><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">Manufacturing is ISO 9001/2000 qualified</font></strong></td> </tr> <tr> <td height="1" colspan="2" align="center" background="http://click.billionzillion.com/images/spsc/dots.gif"><img src="http://click.billionzillion.com/images/spsc/clear.gif" width="1" height="1"></td> </tr> <tr> <td height="41" align="center"><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">6</font></strong></td> <td><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">Main customer Dept. of Defense, stable and growing, 20 year quality track record has been established</font></strong></td> </tr> <tr> <td height="1" colspan="2" align="center" background="http://click.billionzillion.com/images/spsc/dots.gif"><img src="http://click.billionzillion.com/images/spsc/clear.gif" width="1" height="1"></td> </tr> <tr> <td width="11%" height="25" align="center"><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">7</font></strong></td> <td width="89%"><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">Significant and growing $11 million order backlog</font></strong></td> </tr> <tr> <td height="1" colspan="2" align="center" background="http://click.billionzillion.com/images/spsc/dots.gif"><img src="http://click.billionzillion.com/images/spsc/clear.gif" width="1" height="1"></td> </tr> <tr> <td height="25" align="center"><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">8</font></strong></td> <td><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">Unique product (safe borders) focuses on Multi-billion $ Homeland/Border security sector</font></strong></td> </tr> <tr> <td height="1" colspan="2" align="center" background="http://click.billionzillion.com/images/spsc/dots.gif"><img src="http://click.billionzillion.com/images/spsc/clear.gif" width="1" height="1"></td> </tr> <tr> <td height="1" colspan="2" align="center" background="http://click.billionzillion.com/images/spsc/dots.gif"><img src="http://click.billionzillion.com/images/spsc/clear.gif" width="1" height="1"></td> </tr> <tr> <td width="11%" height="25" align="center"><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">9</font></strong></td> <td width="89%"><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">Highly experienced and capable management team</font></strong></td> </tr> <tr> <td height="1" colspan="2" align="center" background="http://click.billionzillion.com/images/spsc/dots.gif"><img src="http://click.billionzillion.com/images/spsc/clear.gif" width="1" height="1"></td> </tr> <tr> <td height="25" align="center"><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">10</font></strong></td> <td><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">Currently seeking acquisition targets</font></strong></td> </tr> <tr> <td height="1" colspan="2" align="center" background="http://click.billionzillion.com/images/spsc/dots.gif"><img src="http://click.billionzillion.com/images/spsc/clear.gif" width="1" height="1"></td> </tr> <tr> <td height="1" colspan="2" align="center" background="http://click.billionzillion.com/images/spsc/dots.gif"><img src="http://click.billionzillion.com/images/spsc/clear.gif" width="1" height="1"></td> </tr> <tr> <td width="11%" align="center"><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">11</font></strong></td> <td width="89%"><strong><font color="#333333" face="Arial, Helvetica, sans-serif" size="2">Company on track to be debt-free by end of 2004</font></strong></td> </tr> <tr> <td height="1" colspan="2" align="center" background="http://click.billionzillion.com/images/spsc/dots.gif"><img src="http://click.billionzillion.com/images/spsc/clear.gif" height="1" width="1"></td> </tr> </table> <!--end content here--> </td> </tr> </table></td> </tr> <tr> <td background="http://click.billionzillion.com/images/spsc/bottom_section.jpg" height="20"> </td> </tr> </table> <table width="660" style="border-collapse:collapse" cellpadding="0"> <!--section--> <tr><!--top--> <td bgcolor="#CC0000" valign="middle" height="20"> <strong><font color="#FFFFFF" face="Verdana, Arial, Helvetica, sans-serif" size="2">Press Release</font></strong></td> </tr> <tr> <td background="http://click.billionzillion.com/images/spsc/dots.gif" height="1"><img src="http://click.billionzillion.com/images/spsc/clear.gif" height="1" width="1"></td> </tr> <tr> <td width="660" bgcolor="#FFFFFF" style="border-collapse:collapse"> <table width="100%" border="0" cellspacing="0" cellpadding="5"> <tr> <td valign="top"> <!--start content here--> <font color="#333333" face="Arial, Helvetica, sans-serif" size="2"> <p align="center"><strong><b>Spectrum Sciences Executes 'SafeRange' Licensing Agreement with German Government</b></strong></p> <p><strong>Friday January 23, 4:14 pm ET </strong></p> <p align="center"><strong>$150,000 Contract Reaffirms International Market For Company's Services</strong></p> <p>FORT WALTON BEACH, Fla., Jan. 23 /PRNewswire-FirstCall/ -- Spectrum Sciences & Software Holdings Corp. (OTC Bulletin Board), highly focused on Homeland Security through the provision of full service, quality solutions to complex and diverse government initiatives, today announced the execution of a SafeRange licensing agreement for its Engineering and Information Technology division. The site license agreement is with the German Air Force. </strong></p> <p>"As the United States and our allies continue to ramp up in the war against terrorism, we anticipate significant growth in our Engineering and Technology Division," stated Don Garrison, chief operating officer of Spectrum. "We believe that contracts with major foreign governments validate the quality and scope of our services. We have successfully increased the market for our SafeRange Software products through licensing to allied nations, and continue to see sales bolstered by world events and the post-9/11 environment. The Engineering and Technology Division is well-positioned to take advantage of these opportunities and fully expects to make additional sales to allied nations in the near future as we continue to aggressively execute our strategic vision." </strong></p> <p><b>The SafeRange Program</b></p> <p>Spectrum's SafeRange Program provides a unique planning tool for military training, allowing analysts to critically manage military information using satellite imagery through the generation of Weapon Safety Footprint areas. In addition, airspace managers can visualize airspace data information to affect the design, development, display and other parameters in the measurement and storage of complex airspace displays and database information.</p> <p><b>About Spectrum Sciences & Software Holdings Corp.</b></p> <p>Spectrum Sciences & Software Holdings Corp. is highly focused on Homeland Security through the provision of full service, quality solutions to complex and diverse government initiatives. Spectrum is dedicated to providing innovative, dependable and cost-effective products and services to a broad range of government customers and is headquartered in Fort Walton Beach, Florida. Founded in 1982, the company currently has over 130 employees. Primary markets include engineering services, operation, maintenance, information technology and manufacturing. Spectrum provides and maintains Software Model Development and Safety Footprint Development to the United States Air Force, the United States Army, the United States Navy and many of our allied nations. Spectrum also operates and manages the largest air-to- ground bombing range in the United States, located in Gila Bend, Arizona. The Information Technology Division provides a full range of IT services, including web site development and hosting, software development and GIS services. The company's manufacturing division is ISO 9001/2000-qualified and provides a broad array of services for both commercial and Department of Defense customers. The company has, or has had, contracts with the United States Air Force, including the Air Combat Command (ACC), the Air Force Reserve Command (AFRC); the Air Force Special Operations Command (AFSOC); the Air National Guard (ANG); the Department of Navy, including United States Navy (USN); United States Marine Corps (USMC); the Royal Australian Air Force (RAAF); the Royal Air Force (RAF) and the German Air Force (GAF).</p> <p><b>Forward-Looking Statements.</b></p> <p>This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements, which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, risks set forth in documents filed by the Company from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by, or on behalf of, the Company, are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.</p><br> </font> </td> </tr> <tr> <td bgcolor="cc00000" height="1"></td> </tr> <tr> <td> <br><p><font color="#CC0000" face="Arial, Helvetica, sans-serif" size="2"><strong>The Future</strong></font> <font color="#333333" face="Arial, Helvetica, sans-serif" size="2"> <p><strong>Our #1 national security crisis _ the ultimate growth industry? Secure Our Borders _ Save Our Nation!</strong></p> <p><strong>A practical, cost-effective solution to protect our porous borders WITHOUT more guns, gates and guards. A small company's core technology comes to the rescue_as a new industry takes off.</strong></p> </font> <P><font color="#CC0000" face="Arial, Helvetica, sans-serif" size="2"><strong>SPSC's 'Safe Borders Program'</strong></font> <span class="style1"><font color="#333333" face="Arial, Helvetica, sans-serif" size="2"> </font></span><font color="#333333" face="Arial, Helvetica, sans-serif" size="2"><p><strong>As defense corporations go, SPSC is tiny - $13 million in annual sales ? but with a solid track-record. (Started 21 years ago.) It is one of those companies you've never heard of_doing things you never knew existed.</strong></p> <p><strong>In this case, SPSC creates highly sophisticated software products for the Department of Defense_manufactures specialized military items_does airspace and airport planning_and operates BOMBING RANGES. (You never knew that business existed, did you?!!)</strong></p> <p><strong>Among other facilities around the country, this company ALL BY ITSELF runs the world's second-largest live-fire training range for combat pilots. (Under contract with the U.S. Air Force.) This is the huge 2.5 million acre Barry M. Goldwater Range in southwestern Arizona ? where pilots come to improve their air-to-ground combat skills and practice with live bombs, rockets, missiles and cannon fire. (Most combat pilots who served in the first and second Gulf Wars were trained at this SPSC-operated base. Pilots from over a dozen foreign countries also train here.)</strong></p> <p><strong>But SPSC's global reputation lies in its proprietary SafeRange technology, which makes the company a leader in weapons training, used by over 80 organizations around the world. This was developed by SPSC's founder and chairman, Donal Myrick, and forms the basis for the revolutionary SafeBorders technology. </strong></p> </font> <P><font color="#CC0000" face="Arial, Helvetica, sans-serif" size="2"><strong>Virgin industry = Virgin investment</strong></font> <font color="#333333" face="Arial, Helvetica, sans-serif" size="2"> <P><strong>How often have you been present at the birth of an entirely new industry that reflects some overwhelming urgent need?</strong></P> <P><strong>"Urgent"? HELL, YES! What's more urgent than our immediate survival?!! That being the case, no matter what happens to the economy, you can be sure this overwhelming need will stay constant. And while nothing is guaranteed, it could also make a pretty good investment. Border Protection truly represents a universal need_</strong></P> </font><UL> <LI><strong><font color="#333333" size="2" face="Arial, Helvetica, sans-serif">The threat from terrorism is GROWING, no matter how well things go in Iraq.</font></strong></LI> <LI><strong><font color="#333333" size="2" face="Arial, Helvetica, sans-serif">Weapons of mass destruction are getting easier to acquire on the black market, and increasingly less complicated to activate.</font></strong></LI> <LI><strong><font color="#333333" size="2" face="Arial, Helvetica, sans-serif">The need for Border Protection has reached universal acceptance. The public understands the need for safe borders, and supports massive government funding.</font></strong></LI> <LI><strong><font color="#333333" size="2" face="Arial, Helvetica, sans-serif">The growth of this virgin industry is SOARING, in part because of the federal government's heavy spending.</font></strong></LI> <LI><strong><font color="#333333" size="2" face="Arial, Helvetica, sans-serif">It's hard to see how the Border Protection industry will decline over the coming years. On the other hand, if we're hit by some new major act of terrorism, it will probably accelerate further. Mass panic would demand even MORE border protection. </font></strong></LI> </UL> <font color="#333333" face="Arial, Helvetica, sans-serif" size="2"><P><strong>That's a realistic view of the industry, but what about individual companies within the Border Protection industry? How will they do? In fact, over the near-term, it would be fairly hard for a company NOT to do well - though be careful of quickie start-ups seeking to capitalize on these opportunities.(Opportunistic sleazoids are a fact of life!)</strong></P> <P><strong>Nevertheless, some companies will do MUCH better than others. So what about SPSC? Some points to keep in mind_</strong></P> </font> <UL> <LI><strong><font color="#333333" size="2" face="Arial, Helvetica, sans-serif">SPSC is a 21-year-old established company, with its own proprietary software - a world-leader in its field.</font></strong></LI> <LI><strong><font color="#333333" size="2" face="Arial, Helvetica, sans-serif">SPSC has taken proven software and is merely adapting it to meet the needs of this new industry. This is no start-up high-wire act.</font></strong></LI> </UL> <!--end content here--> </td> </tr> </table></td> </tr> <tr> <td background="http://click.billionzillion.com/images/spsc/bottom_section.jpg" height="20"> </td> </tr> </table> </td> </tr> <tr> <td> <table cellpadding="10" border="0" style="border-collapse:collapse"> <tr> <TD bgcolor="#FFFFFF"><font color="#333333" face="Arial, Helvetica, sans-serif" size="1"> Important Disclaimer and Information: <br> <br> Verify all claims and do your own due diligence. Daily Double Stock Reporter (DDSR) profiles are not a solicitation or recommendation to buy, sell or hold securities. DDSR is not offering securities for sale. All statements and expressions are the sole opinion of DDSR and are subject to change without notice. The companies that are discussed in this opinion have not approved the statements made in this opinion. This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many ! of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. This profile is not without bias, and is a paid advertisement. DDSR is not liable for any investment decisions by its readers or subscribers. DDSR is not a registered broker dealer or investment advisor. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. The information contained in DDSR profiles is provided as an information only service. The accuracy or completeness of the information is not guaranteed and is only as reliable as the sources from which it was obtained. Investing in microcap stocks is extremely risky and, investors are cautioned that they may lose all or a portion of their investment if they make a purchase in SPSC. DDSR has been compensated $100,000.00 of wh! ich $50,000.00 has been paid by Endeavor Capital, a third party, and $50,000.00 by JR, also a third party. THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK. 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