SOURCE: Advanced Defense Technologies, Inc.

January 27, 2012 15:30 ET

Advanced Defense Technologies, Inc. (ADTI) Announces DTC Eligibility

ANAHEIM, CA--(Marketwire - Jan 27, 2012) - Advanced Defense Technologies, Inc. (PINKSHEETS: ADCF) announced today that the Depository Trust Company (DTC) has granted the company eligibility status. Eligibility enables ownership of the company's shares to be transferred electronically by the DTC.

R.S. Tahim, President and CEO of Advanced Defense Technologies Inc., stated, "Electronic trading is the standard in today's financial markets, and becoming DTC-eligible greatly simplifies the process of trading and exchanging our common stock. We expect our new status to improve market liquidity and make our stock more attractive to investors."

About Advanced Defense Technologies
Advanced Defense Technologies (ADTI) develops systems and technologies for the military defense and homeland security industry. The Company's system design technology has been developed under SBIR Programs with Government Agencies including NASA, DARPA, a prestigious defense contractor (Phillips Labs), and the US military (USAF, ARMY, NAVY and MDA). For more information regarding ADTI, go to: 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) 772-8274
    Email Contact