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Mon, November 23, 2009

American Defense Systems Introduces the COBRA Protective Shield


Published on 2009-11-23 11:44:13 - Market Wire
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HICKSVILLE, NY--(Marketwire - November 23, 2009) - American Defense Systems, Inc. (ADSI) (NYSE Amex: [ EAG ]), a leading provider of advanced transparent and opaque armor, architectural hardening and security products for Defense and Homeland Security, has introduced a new portable transparent protective shield called "COBRA," for Collapsible Optic Bullet Resistant Armor.

The COBRA is designed primarily for the purpose of VIP protection with its ability to easily roll through standard doorways and onto elevators. The design provides broader coverage than ADSI's Portable Transparent Ballistic Shield ("PTBS"), while being more portable than the PTBS due to its collapsible capability. This also allows for more potential applications, like in a VIP's hotel room, at public speaking engagements, and for outer perimeter security enhancement.

"This new shield also presents a more affordable alternative for security at commercial and government buildings that cannot justify the cost of hardening the entire facade of the structure, while providing effective protection against a specific threat level," said Anthony J. Piscitelli, chairman and CEO of American Defense Systems. "We expect this product to become very popular with both private and government security forces."

The COBRA offers the same high level of quality and workmanship as the PTBS, which recently received a recommendation by the National Tactical Officers Association (NTOA), along with the association's highest rating for design, quality and durability.

About American Defense Systems, Inc.
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, visit the ADSI corporate Web site at [ 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," "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 ability to finance the redemption of ADSI's series A convertible preferred stock in accordance with the terms of such stock and ADSI's settlement agreement with the holders of stock; 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 annual report on Form 10-K and quarterly report on Form 10-Q. Statements in this press release should be evaluated in light of these important factors.