EX-99 3 f8kex99.txt PRESS RELEASE 1 Exhibit 99.1 Press Release News For Immediate Release Ultimate Security Systems Corporation and ImmunoTechnology Corporation Announce Plan to Split Stock IRVINE, Calif., May 20, 2003 - Ultimate Security Systems Corporation (USSC) of Irvine, Calif., manufacturer of the Power Lock(tm) vehicle security system and ImmunoTechnology Corp. (OCT:BB:IMNT), have announced the intent to implement a 5 to 1 stock split of IMNT outstanding common stock. The effective date will be May 27, 2003. The company's common stock will trade under the temporary ticker symbol of IMNT, after which the company expects the symbol to change. Further details are disclosed in the company's Form 8-K. Ultimate Security Systems Corporation (USSC) of Irvine, Calif., manufacturer of the Power Lock(tm) vehicle security system and ImmunoTechnology Corp. (OCT:BB:IMNT), have recently signed a definitive merger agreement. Completion of the merger is imminent pending the approval of a S4 registration statement to be filed with the SEC. The new entity will retain the name USSC. USSC CEO James Cooper will remain at the helm. Ultimate Security Systems Corporation (USSC) of Irvine, Calif. developed and patented Power Lock, the only solid-state vehicle security system that is guaranteed to prevent any vehicle from being hot-wired and driven away. The product attaches permanently to a vehicle's starter motor and cannot be circumvented by cutting and jumping ignition wires, the "hot-wiring" technique used by professional car thieves in the vast majority of stolen car cases nationwide. For additional information about Power Lock, contact the corporate headquarters: Ultimate Security Systems Corporation, 18271 West McDurmott, Suite F Irvine, CA 92614 (800) 689-8004 or visit www.Powerlock.com Media Contact: Emily Curci, Hilary Kaye Associates (714) 426-0444; ecurci@hkamarcom.com Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be forward-looking statements. Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. In particular, information in this release relates to the terms of a merger transaction which is contingent on shareholder approval and the effectiveness of a registration statement on Form S-4 to be filed with the SEC.