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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Armor Des Regs | LSE:ADIS | London | Ordinary Share | COM SHS USD0.001 (REGS) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 120.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMADID TIDMADIS
RNS Number : 6582C
Armor Designs, Inc.
10 March 2011
Press Release 10 March 2011
Armor Designs Inc.
("Armor Designs" or "the Company" or "ADI")
Sales Update
Armor Designs Inc., (AIM: ADID, ADIS), the knowledge-based designer and manufacturer of composite armour products, is pleased to announce that for the year to date 2011 it has received $822,143 USD in armour purchase orders and has fulfilled $216,795 of these. The current backlog (signed international and domestic purchase orders) is $605,348 USD for which ADI is pursuing traditional bank financing to enable fulfillment of these orders. ADI will update the market when these banking facilities are in place.
The purchase orders that are of strategic importance and material in nature are:
1. ADI has received a total of $366,000 USD purchase orders from Sniper Inc., Guadalajara, Mexico, for body armour plates for use by law enforcement agencies in Mexico.
2. ADI has received a total of $351,539 USD purchase orders from ADI's domestic OEMs for body armour plates for use by international and domestic law enforcement agencies.
For further information please contact:
Armor Designs, Inc. Phil Clement, Interim CEO Tel: +1 602 275 4633 Phil.Clement@armordesigns.com www.armordesigns.com
Shore Capital and Corporate Ltd.
Anita Ghanekar
Edward Mansfield Tel: +442074084090
Notes to editors
Armor Designs, Inc. ("ADI") is a knowledge-based company specializing in next-generation composite material design, manufacture, prototyping and testing for applications and products for the armor industry. ADI uses a proprietary design and manufacturing process called VCM to rapidly develop new composite armor products of superior ballistic, weight and flexibility. The VCM process is protected by patents and trade secrets licensed to ADI in perpetuity for use in field of armor.
For more information on Armor Designs, Inc., please go to www.armordesigns.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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