SOURCE: Advanced Defense Technologies, Inc.

January 27, 2011 08:57 ET

Advanced Defense Technologies (ADTI) Building Technology Alliances and Joint Ventures Within Global Aerospace and Defense Industry

Global Aerospace and Defense Industry Revenues to Exceed $500 Billion by 2012

ANAHEIM, CA--(Marketwire - January 27, 2011) - Advanced Defense Technologies, Inc. (PINKSHEETS: ADCF), a developer of breakthrough technologies for military defense, homeland security and commercial communications systems, announced today the Company is building technology alliances and joint ventures within the global aerospace and defense industry. The global aerospace and defense industry revenues are expected to exceed $500 billion by 2012, according to a new report by global industry analysts. ADTI has been working on positioning itself with key technology partners and industry leaders to expedite product development, manufacturing and revenue generation.

The United States is by far, the world's largest aerospace and defense market, with revenues projected to be worth US$298 billion in 2015, as stated by Global Industry Analysts, Inc. Europe is the second largest market with an estimated share of about 27%. Together, Europe and the US account for more than 80% of the world's aerospace and defense revenues. Aircraft products and services represent the largest product segment and are projected to exceed US$350 billion by the year 2014.

About Advanced Defense Technologies
Advanced Defense Technologies, Inc. develops new breakthrough technologies for military defense, homeland security and commercial communications systems. The Company's microwave/millimeter-wave circuits, subsystems and the system designs developed under SBIR Programs with Government Agencies including US Military (USAF, ARMY, NAVY and MDA), NASA, DARPA, a prestigious defense contractor (Phillips Labs) are providing the solutions to the current issues of high cost, high power dissipation, size, weight and system complexity. The major technology innovations include: multi-beam, multi-band phased array antenna systems, high efficiency rectenna systems, T/R modules, diplexer/multiplexer networks, multi-channel wideband transceivers, electronically steered antennas (ESA), wideband RF antenna systems for high data rate multi-point communications, mobile communications and wideband radar systems. For more information regarding ADTI: www.theadti.com

Safe Harbor Statement

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Advanced Defense Technologies, Inc., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

Contact Information

  • For more information, please contact:
    Advanced Defense Technologies, Inc.
    Investor Relations
    (714) 722-8274
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