SOURCE: American Defense Systems, Inc.

December 22, 2008 08:30 ET

ADSI Receives $1.5 Million Follow-on Order for Crew Protection Kits From U.S. Army TACOM

HICKSVILLE, NY--(Marketwire - December 22, 2008) - American Defense Systems, Inc. ("ADSI") (AMEX: EAG), a leading provider of advanced transparent and opaque armor, architectural hardening and security products for Defense and Homeland Security, reported the U.S. Army Tank-Automotive and Armaments Command (TACOM) has submitted a follow-on order for Crew Protection Kits (CPK) to be installed on construction vehicles currently deployed overseas.

The order expands upon an existing multi-vehicle contract and is valued at approximately $1.5 million. ADSI plans to deliver the order to TACOM around mid first quarter 2009. This order brings the total value of TACOM CPK related orders placed in the current fourth quarter to more than $4.4 million.

"We continue to see a steady stream of orders from the U.S. Army to provide protective technology to construction vehicles in support of our brave military service personnel in Iraq and Afghanistan," said ADSI's chief executive officer, Anthony J. Piscitelli. "We anticipate further contract expansion from TACOM in 2009."

ADSI's CPKs are custom designed and fitted to offer a maximum amount of security for the operator. The CPK features windows of fully transparent armor, opaque armor siding that has been ATC Aberdeen tested and approved to meet all Operation Iraqi Freedom requirements, a patent-pending combat lock, tool-less emergency egress windows, fortified door hinges and an integrated crew comfort system. The CPKs are modular and can be applied to the vehicle either stateside or in theater. ADSI employs Field Service Representatives (FSRs) that are on the ground in Afghanistan, Iraq and Kuwait to train our soldiers on the proper installation techniques and offer on-going expertise and assistance.

About American Defense Systems

American Defense Systems, Inc. (ADSI) offers advanced solutions in the design, fabrication, and installation of transparent and opaque armor, security doors, windows and curtain wall systems for use by military, law enforcement, homeland defense and corporate customers. ADSI engineers also specialize in developing innovative, functional and aesthetically pleasing security applications for the mobile and fixed infrastructure physical security industry.

For more information about American Defense Systems, go to www.adsiarmor.com

Some of the statements made by American Defense Systems, Inc. ("ADSI") in this press release, including, without limitation, statements regarding ADSI's anticipated future growth, are forward-looking in nature. ADSI intends that any forward-looking statements shall be covered by the safe harbor provisions for such statements contained in the Private Securities Litigation Reform Act of 1995. Statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "may," "will," "should," "expects," "anticipates," "intends," "plans," "believes," "estimates," "predicts," "potential," "forecasts," "continues" and similar expressions are forward-looking statements. ADSI cautions you that forward-looking statements are not guarantees of performance. ADSI undertakes no obligation and disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Forward-looking statements involve known and unknown risks and uncertainties that may cause ADSI's actual future results to differ materially from those projected or contemplated in the forward-looking statements. ADSI believes that these risks include, but are not limited to: ADSI's reliance on the U.S. government for a substantial amount of its sales and growth; decreases in U.S. government defense spending; ADSI's ability to contract further with the U.S. Department of Defense; ADSI's ability to comply with complex procurement laws and regulations; competition and other risks associated with the U.S. government bidding process; changes in the U.S. government's procurement practices; ADSI's ability to obtain and maintain required security clearances; ADSI's ability to realize the full amount of revenues reflected in its backlog; ADSI's reliance on certain suppliers; and intense competition and other risks associated with the defense industry in general and the security-related defense sector in particular. Additional information concerning these and other important risk factors can be found under the heading "Risk Factors" in ADSI's filings with the Securities and Exchange Commission, including, without limitation, its most recent registration statement on Form 10. Statements in this press release should be evaluated in light of these important factors.

Contact Information

  • Company Contacts:
    Roger Ward
    V.P. of Marketing & Investor Relations
    American Defense Systems, Inc.
    Tel 516-390-5300, x326
    Email: Email Contact

    Investor Relations:
    Ron Both
    Managing Director
    Liolios Group, Inc.
    Tel 949-574-3860
    Email: Email Contact