Arotech Subsidiary FAAC Receives $1.3 Million in Orders for Driving Simulators and Incident Command Trainers; Simulators Designed to Train the Nation's First Responders.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Arotech Corporation (NasdaqNM: ARTX) announced today that its FAAC FAAC Freeware Advanced Audio Coder FAAC Ford Amateur Astronomy Club FAAC Family Allergy and Asthma Care FAAC Functional Area Agreement Coordinator (USAF) FAAC Fatal Accident Assessment Committee subsidiary has recently accepted new contracts and contract modifications totaling $1.3M. The contracts include the sale of new driving simulators and sale of Incident Command Trainers to support first responder first responder First response personnel Emergency medicine A person employed in the public sector–EMT, fire fighter, police, volunteer EMS–whose duties include provision of immediate medical care in the event of an emergency; FRs have basic emergency training demands. The Incident Command Simulator is designed to train the nation's first responders - fire and police personnel - in handling incidents ranging from a house fire or a local SWAT incident up to the aftermath of the use of a weapon of mass destruction weapon of mass destruction (WMD) Weapon with the capacity to inflict death and destruction indiscriminately and on a massive scale. The term has been in currency since at least 1937, when it was used to describe massed formations of bomber aircraft. . The student is immersed in the scenario visually and aurally as the incident unfolds in front of him on a large screen. He or she must direct the on-site personnel (fire, EMS, police, National Guard, HAZMAT, etc.). The student does this using his or her natural voice over a radio, as well as deciding what outside agencies should be contacted for additional resources, assistance, and coordination. "We continue to track quite closely with our projections for the year, both in terms of revenues and net profit" stated Al Jordan, President of FAAC. "We continue to see growth potential in each of our core areas - military driving simulators, commercial driving simulators, and non-driving military training and simulation services and products". "The second sale of FAAC's Incident Command Trainer is particularly exciting," said Robert S. Ehrlich, Arotech Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "It represents a important step in Arotech's expanding product line to service the nation's first responders and security forces". About FAAC Inc. FAAC Incorporated (www.faac.com) has been providing high fidelity high fidelity n. The electronic reproduction of sound, especially from broadcast or recorded sources, with minimal distortion. high training and simulation products to its 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, rail operators, and airport ground vehicles. Over 90,000 drivers have been trained on FAAC's installed base of 185 driving simulators. FAAC also provides pilot decision-making support software for the F-15, F-18, and JSF (JavaServerFaces) A standard framework of components for building rich user interfaces for Java applications. JavaServer Faces run on the server, but are displayed on the client. JSF - JavaServer Faces 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 Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States markets, including advanced zinc-air and lithium batteries and chargers, multimedia interactive simulators/trainers and lightweight armoring. The Battery and Power Systems Division includes Electric Fuel Battery Corporation and Epsilor Electronic Industries Ltd. The Simulation, Training and Consulting Division includes IES Interactive Training, FAAC Incorporated and Arocon Security Consulting. The Armoring Division includes MDT MDT abbr. Mountain Daylight Time MDT (in the US and Canada) Mountain Daylight Time MDT n abbr (US) (= mountain daylight time) → Armor Corp., MDT Protective Industries Ltd. and Armour of America, Incorporated. Arotech is incorporated in Delaware, with corporate offices in New York, and research, development and production subsidiaries in Alabama, Colorado, Michigan, California 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 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. |
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