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Note 9 – Related Party Transactions
6 Months Ended
Jun. 30, 2011
Related Party Transactions Disclosure [Text Block]
 NOTE 9 – RELATED PARTY TRANSACTIONS

The Company is a subcontractor to Ocean Power Technologies, Inc. under a four-year program to develop and deploy a Vessel Detection System based on the Littoral Expeditionary Autonomous Power Buoy (LEAP) technology.  Thomas Meaney, the Company’s president and member of the Company’s board of directors, also serves as a director of Ocean Power Technologies, Inc.  For the three months ended June 30, 2011 and 2010, the Company recognized revenues of $37,396 and $68,250, respectively, in connection with the subcontracting agreement with Ocean Power Technologies, Inc.  For the six months ended June 30, 2011and 2010, the Company recognized revenues of $108,977 and $150,490, respectively.