Today's Daily Double Stock (OTCBB:SPSC)

[Daily Double Stocks]

  Stock Profile

Company Name		Spectrum Sci & Software Hldgs
Stock Symbol		OTCBB: SPSC
Current Price		$1.81
Shares Outstanding		19,000,000
Approx. Float		4,100,000

  SPSC Highlights

1	Newly listed on the OTC Bulletin Board ? Dec. 8th 2003
2	2002 revenues $12 million plus
3	9-month 2003 record revenues $10 million, per share (9 month) earnings 1 cent gain versus a 6-cent loss for (9 months) 2002.
4	Three revenue divisions: all growing, Engineering and Information Technology, Manufacturing and Management Services.
5	Manufacturing is ISO 9001/2000 qualified
6	Main customer Dept. of Defense, stable and growing, 20 year quality track record has been established
7	Significant and growing $11 million order backlog
8	Unique product (safe borders) focuses on Multi-billion $ Homeland/Border security sector
9	Highly experienced and capable management team
10	Currently seeking acquisition targets
11	Company on track to be debt-free by end of 2004

  Corporate Profile

SPSC was incorporated in the State of Florida on October 8, 1982. Headquartered in Fort Walton Beach, Florida, SPSC has three reportable segments - management services, manufacturing, and engineering and information technology services. Management services include providing engineering, technical, and operational services in the area of defense range management specializing in bombing and gunnery training range operation and maintenance. Manufacturing operations includes the design and construction of munitions ground support equipment and containers for the shipping and storage of munitions and equipment. SPSC's engineering and information technology services segment consists of the sale of computer software developed to assist in hazard management and weapons impact analysis.

SPSC contracts are primarily fixed price contracts with the United States Department of Defense (DOD). SPSC currently has contracts in Florida and Arizona. During the years ended December 31, 2002 and 2001, 99% of SPSC's revenues were derived from contracts with the DOD.

In addition, SPSC is a quality-oriented manufacturer that is ISO 9001:2000 qualified. SPSC specializes in the design, development, manufacture, and system integration of aircraft and munitions support equipment. SPSC employs over 130 scientific and engineering professionals, managers, technicians, and administrators and generates over $12M in annual revenue.

Major Customers  

• USAF / 56th Fighter Wing for O&M Services at the Gila Bend & Barry M. Goldwater Range USAF / ACC for Safe-Range Products and Services
• USN / NAVFAC (& USMC) for Safe-Range Products and Services
• USN / CINCLANT for Range Analysis (Onyx sub)
• USMC / Air Ground Combat Center, Twenty-Nine Palms for Range Analysis [The Environmental Company (TEC) sub]
• Air National Guard for Environmental Issues & Noise Analysis [Environmental Resource Mgt. (ERM) sub]
• DLA-Columbus for Hose Manufacturing
• USAF / AFCEE for Engineering Support (Hydrogeologic sub)
• USAF / AETC for Engineering Support (RF-Weston sub)
• USN for Environmental Impact Statement (EIS) Support [Ecology & Engineering (E&E) sub]
• USAF / AFSOC for Aircraft Services [Northwest Florida Facilities Mgt. (NFFM) sub]

The Future

Our #1 national security crisis ? the ultimate growth industry? Secure Our Borders ? Save Our Nation!

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.

SPSC?s ?Safe Borders Program?

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.

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?!!)

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.)

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.

Virgin industry = Virgin investment

How often have you been present at the birth of an entirely new industry that reflects some overwhelming urgent need?

?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?

• The threat from terrorism is GROWING, no matter how well things go in Iraq.
• Weapons of mass destruction are getting easier to acquire on the black market, and increasingly less complicated to activate.
• The need for Border Protection has reached universal acceptance. The public understands the need for safe borders, and supports massive government funding.
• The growth of this virgin industry is SOARING, in part because of the federal government?s heavy spending.
• 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.

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!)

Nevertheless, some companies will do MUCH better than others. So what about SPSC? Some points to keep in mind?

• SPSC is a 21-year-old established company, with its own proprietary software ? a world-leader in its field.
• 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.

Final Word

SPSC will be recognized as the most innovative and dependable provider of management, engineering and manufacturing services, enabling customers to meet critical challenges, maintain effective operations and reduce risk while accomplishing their mission in a cost-effective and timely manner.

Important Disclaimer and Information:

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 which $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. We encourage our readers to invest carefully and read the investor information available at the web sites of the Securities and Exchange Commission ("SEC") at http://www.sec.gov and/or the National Association of Securities Dealers ("NASD") at http://www.nasd.com. We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at http://www.sec.gov/consumer/cyberfr.htm. Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site.

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