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Photomatica Announces Proposed Name Change

Written by thomas · Filed Under Aeronautics News 

July 23, 2008

thomas

TORONTO–(Marketwire – July 23, 2008) – Photomatica, Inc. (OTCBB: PHMA) today announced that its shareholders have approved a change in the name of Photomatica, Inc. to Secure Runway Systems Corp. The Company has distributed its Schedule 14C Information Statement to its stockholders of record. The proposed name change is part of our long term strategy that the Company’s Board of Directors has initiated to move the Company into the aviation arena with the design, development and manufacture of a leading edge airport runaway scanning system to detect Foreign Object Debris (FOD). The Company intends to focus on the aviation industry and will design, develop and market niche products in a continuing process to increase shareholder value. The effective date of the proposed name change is expected to be August 11, 2008.

The Company has changed its website to www.securerunwaysystems.com, and is in the process of changing its corporate image to reflect the name change and the change in the nature of its business.

The Company recently completed a 5-for-1 forward stock split of its issued and outstanding shares of common stock, and the Company now has 31,000,000 shares of common stock issued and outstanding.

This release may contain “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 and such forward-looking statements are made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risk that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies’ annual report on Form 10-KSB and other filings made with the SEC.

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