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United Kingdom Ministry of Defence Awards FATS, Inc. $9.2 Million Contract to Provide DCCT Upgrades.


SUWANEE, Ga. -- FATS, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
: FATS) announced today that the Defence Procurement Agency The Defence Procurement Agency (DPA), was an Executive Agency of the United Kingdom Ministry of Defence responsible for the acquisition of materiel, equipment and services, for the British armed forces.  of the United Kingdom has awarded FATS a contract amendment valued at approximately $9.2 million for upgrades to the Ministry of Defence Dismounted Close Combat Trainer (DCCT DCCT Diabetes Control and Complications Trial (NIDDK)
DCCT Distributed Computing and Communications Technology
). The order will take approximately two years to fulfill with deliveries complete by mid 2008.

FATS, Inc. has delivered simulated training systems, continuous service support as well as system upgrades and improvements to the United Kingdom since 1992. These systems are used to train British military personnel who are deployed in Iraq and throughout the world. FATS has multiple orders to provide virtual training solutions to the UK MOD.

"This contract illustrates the continued confidence that the British military forces have in our technology, engineering and products," said FATS chief executive officer Ron Mohling. "FATS, Inc.'s long-standing relationship with the UK MOD demonstrates their commitment to effective soldier training as well as our ability to meet the demands of our military customers."

FATS began supplying Dismounted Close Combat Trainers to British military forces in 2001. FATS DCCT simulators train multiple soldiers at the same time using computer generated imaging and digital video technology. DCCT supports basic to advanced marksmanship Marksmanship
Buffalo Bill

(1846–1917) famed sharpshooter in Wild West show. [Am. Hist.: Flexner, 67]

Crotus

son of Pan, companion to Muses; skilled in archery. [Gk. Myth.
, use of force judgment, shoot/don't shoot decision-making and small unit tactical training.

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
  • A-91 (Russia - Compact Assault Rifle - 5.
 Training Systems Inc. (OTC: FATS), is a leading technology company providing fully-integrated, simulated training to professional military and law enforcement personnel. Utilizing quality engineered weapon simulators, FATS' state-of-the-art virtual training solutions offer 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:
, 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. The company serves domestic and international customers from its headquarters in Suwanee, Ga. and has branch offices in Australia, Canada, the Netherlands and United Kingdom. The ISO-certified company was founded in 1984. For more information, visit 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 cyclical

Of or relating to a variable, such as housing starts, car sales, or the price of a certain stock, that is subject to regular or irregular up-and-down movements.
 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.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 13, 2006
Words:590
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