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ADIS Armor Des Regs

120.00
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
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

Sales Update (6582C)

10/03/2011 7:00am

UK Regulatory


Armor Des Regs (LSE:ADIS)
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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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