الموضوع في 'السوق الأمريكي للأوراق الماليه' بواسطة bu-abdullaziz, بتاريخ 23 ابريل 2004.
حركته غريبة زينه و إلا شينه ؟ لأن اختك متوهقه فيه
Arotech Subsidiary FAAC Inc Completes US Army Driving Simulator Installations in South Korea and Germany; Arotech First Quarter Results Will Be Released May 12
Business Wire - April 29, 2004 11:01
NEW YORK, Apr 29, 2004 (BUSINESS WIRE) -- Arotech Corporation (NasdaqNM:ARTX) announced today that its FAAC subsidiary has completed installation of U.S. Army Operator Driving Simulators in US Army bases in Germany and South Korea. These international installations are the latest deliveries in accordance with the U.S. Army Training Support Center distribution plan, bringing the number of Army Operator Driving Simulators fielded throughout the world to 21.
FAAC Operator Driving Simulators are interactive, re-configurable training devices applying state of the art simulation to train motor vehicle operators. In March a full-motion simulator was installed at Kleber Kasern, Germany. In April a mobile simulator, installed in a 40-foot fifth-wheel trailer, was delivered to Camp Carroll, Republic of Korea.
"Our simulators can provide the Army with better driver training at lower cost," said Robert S. Ehrlich, Arotech Chairman and CEO. "Now these advantages will be available to soldiers training as drivers in Europe and Asia as well."
Ehrlich also said that Arotech would issue its first quarter 2004 results on May 12, after the close of the financial markets, with the earnings conference call to take place the next morning.
About FAAC Inc.
FAAC Incorporated has been providing high fidelity training and simulation products to it's military and commercial customer base for over 30 years. FAAC supplies driving simulators for training operators of automobiles, trucks, police/fire/EMS vehicles, bus drivers, light rail operators, and airport ground vehicles. Over 80,000 drivers have been trained on FAAC's installed base of 173 driving simulators. FAAC also provides pilot decision-making support software for the F-15, F-18, and JSF aircraft as well as simulation models for the ACMI/TACTS air combat training ranges.
About Arotech Corporation
Arotech Corporation provides quality defense and security products for the military, law enforcement and homeland security markets, including advanced zinc-air and lithium batteries and chargers, multimedia interactive simulators/trainers and lightweight vehicle armoring.
The Battery and Power Systems Division includes Electric Fuel Battery Corporation and Epsilor Electronic Industries. The Simulation, Training and Consulting Division includes IES Interactive Training, FAAC Incorporated and Arocon Security Consulting. The Armored Vehicle Division includes MDT Armor Corp and MDT Protective Industries Ltd.
Arotech is incorporated in Delaware, with corporate offices in New York, and research, development and production subsidiaries in Alabama, Colorado, Michigan and Israel.
Except for the historical information herein, the matters discussed in this news release include forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on these forward-looking statements, as they are subject to various risks and uncertainties that may cause actual results to vary significantly. These risks and uncertainties include, but are not limited to, risks relating to: product and technology development; the uncertainty of the market for Arotech's products; changing economic conditions; delay, cancellation or non-renewal, in whole or in part, of contracts or of purchase orders; and other risk factors detailed in Arotech's most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2003 and other filings with the Securities and Exchange Commission. Arotech assumes no obligation to update the information in this release. Reference to the Company's website above does not constitute incorporation of any of the information thereon into this press release.
SOURCE: Arotech Corporation
Jonathan Whartman, 1-866-325-6963
NY Office: 212-258-3222
Customize your Business Wire news & multimedia to match your needs.
Get breaking news from companies and organizations worldwide.
Logon for FREE today at www.BusinessWire.com.
Copyright (C) 2004 Business Wire. All rights reserved.