Baghdad Police Academy to Train on FATS Inc. Simulated Training Systems; U.S. Government Awards FATS $1.7 Million Contract.ATLANTA -- FATS, Inc. has been awarded a contract valued at approximately $1.7 million from the U.S. Government to deliver law enforcement training systems to the Baghdad Police Academy. "This contract provides significant support for the U.S. Mission in Iraq," said Ron Mohling, FATS Inc. chairman and chief executive officer. "The success of Operation Iraqi Freedom hinges on the ability of Iraqis to provide their own internal security. FATS understands the challenge of getting new recruits up to speed quickly and our products are ideal for this situation." The contract calls for the provision of sophisticated police training systems with multi-user configurations and judgmental judg·men·tal adj. 1. Of, relating to, or dependent on judgment: a judgmental error. 2. Inclined to make judgments, especially moral or personal ones: scenarios for training Iraqi security forces Iraqi Security Forces (ISF) is the Multi-National Force-Iraq umbrella name for the military and police forces that serve under the Government of Iraq. The armed forces are administered by the Ministry of Defense (MOD), and the Iraqi Police is administered by the Ministry of . The system has the ability to monitor weapon diagnostics for instructional feedback. FATS BLUEFIRE(TM) Glock 17 - - the first sensored, patented, wireless firearm firearm, device consisting essentially of a straight tube to propel shot, shell, or bullets by the explosion of gunpowder. Although the Chinese discovered gunpowder as early as the 9th cent., they did not develop firearms until the mid-14th cent. simulator - - is also included in the contract. This represents the second time FATS will deliver training systems in an operational theatre. In 2001, FATS delivered 13 systems to the U.S. Army in the Balkans. Earlier this year, FATS delivered several law enforcement systems to Greek Police forces in preparation of the 2004 Olympics. The U.S. Mission in Iraq includes the training of selected individuals to provide law and order in Iraq. To learn more about the U.S. Mission in Iraq, please visit www.rebuilding-iraq.net. To learn more about FATS virtual training capabilities, please visit www.fatsinc.com. About FATS FATS, Inc., a subsidiary of Firearms This is an extensive list of small arms — pistol, machine gun, grenade launcher, anti-tank rifle — that includes variants. : Top - 0–9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A
See: Over-the-counter. OTC See over-the-counter market (OTC). :FATS), designs and sells virtual training systems that improve the skills of the world's military, law enforcement and security forces. FATS training provides judgmental, tactical and combined arms Combined arms is an approach to warfare which seeks to integrate different arms of a military to achieve mutually complementary effects. Though the lower-echelon units of a combined arms team may be of homogeneous types, a balanced mixture of such units are combined into an experiences, utilizing quality engineered weapon simulators. The company serves U.S. and international customers from headquarters in Suwanee, Georgia Suwanee is a city in Gwinnett County, Georgia. Portions of Forsyth County and Fulton County also have Suwanee and its zip code (30024) as a mailing address. The population was 8,725 at the 2000 census. Census Estimates for 2005 show a population of 12,553. , with branch offices in Australia, Canada, Netherlands and United Kingdom. FATS, an ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001:2000 certified company, celebrates its 20th anniversary in 2004. The company Web site is www.fatsinc.com. Except for financial information contained in this press release, the matters discussed may consist of forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. under 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. The accuracy of the forward-looking statements, including statements regarding future events or the future financial performance of the company, is necessarily subject to a number of risks and other factors which could cause the actual results to differ materially from those contained in the forward-looking statements. Among such factors including those discussed above are: general business and economic conditions; the company's success in competing for new contract awards; customer acceptance of and demand for the company's new products; receipt and delivery of a sufficient level of orders from new and existing customers as well as satisfactory completion of delivery of a sufficient portion of backlog; the company's overall ability to design, test, and introduce new products on a timely basis; the cyclical nature of the markets addressed by the company's products; and the risk factors listed from time to time in documents on file with the SEC. When used in this release, the words "believes," "estimates," "plans," "expects," "should," "will," "may," "might," "anticipates" or similar expressions as they relate to the company, or its management, are intended to identify forward-looking statements. The company, from time to time, becomes aware of rumors concerning the company or its business. As a matter of policy, the company does not comment on rumors. Investors are cautioned that in this age of instant communication and Internet access See how to access the Internet. , it may be important to avoid relying on rumors and unsubstantiated information regarding the company. The company complies with Federal and State law applicable to disclosure of information concerning the company. Investors may be at significant risk in relying on unsubstantiated information from other sources. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion