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Arotech Unveils the Tiger Light Protected
Vehicle
The mine protected light all terrain
vehicle based on a Dodge RAM platform
unveiled at the Annual Meeting of the Association of the US Army (AUSA)
October 5, 2009 - Arotech Corporation
(NasdaqGM: ARTX) today unveiled at the Annual Meeting of the association
of the US Army (AUSA) its new Light Protected Vehicle – the Tiger.
Based on a commercial off-the-shelf Dodge RAM 5500 platform, the MDT Tiger
is a cost effective, highly armored Light Protected All Terrain Vehicle
for a crew of 6-9.
The Tiger is mine and blast protected, with various
add-on armor options, including reactive armor. Its 5 doors and a roof
hatch offer easy loading and unloading of soldiers and equipment. The
wide and spacious cabin, with its large payload capacity can be tailored
to many missions.
A powerful Cummins 350 HP diesel engine, large wheels,
and a 127” wheel base offer exceptional all terrain capabilities.
The advanced suspension system ensures a comfortable ride for the crew.
The 8.8 ton GVWR allows – with a standard armor package –
for a 1.5 ton payload, or 6 passengers plus 900 kg of equipment. The add-on
armor panels can be removed, repaired, replaced or upgraded. An optional
upgrade to a 10.4 ton GVW allows for an improved armor suite, including
reactive armor defeating RPG rockets and EFP charges.
The MDT Tiger LPV was designed to be cost effective.
The COTS Dodge platform ensures widespread support and cost effective
maintenance. The unique encapsulated cabin allows easy access to all components.
The capsule can easily be removed and remounted, allowing its installation
on a new platform, increasing its life and ensuring low life cycle cost.
The spacious cabin, with a flat floor throughout and
vertical walls, allows for various seating and equipment mission-dependent
arrangements. The front row has three-in-a-row seats for driver, navigator
and commander. In the rear, 3, 4 or 5 passengers can ride facing forward.
The rear cabin can also accommodate 6 passengers in two side-facing rows.
A 2 or 4 liter MedVac option is also available.
Windows on all 4 sides allow for improved situation
awareness. Optional gun-ports on all 4 directions allow for accurate small
arms operation. A roof mounted remote controlled weapon station, or man-operated
turret are optional.
“The Tiger expands our reach into the military
vehicle market,” said Robert Ehrlich, Arotech’s Chairman and
CEO. “With the new Tiger, the well established David and the recently
announced Gideon, we now offer military armored vehicles ranging from
1.5 to 10.5 tons.”
About Arotech's Armor Division
Arotech’s Armor Division is an innovative leader in lightweight
armoring for vehicles, aircraft and their operators. The Armor Division
has years of battlefield and commercial protection experience and has
provided life saving protection under the most extreme conditions.
Arotech’s Armor Division consists of MDT Armor
Corporation (www.mdt-armor.com), M.D.T. Protective Industries, Ltd. (www.mdtisrael.com),
and Armour of America (www.aoa-usa.com).
About Arotech Corporation
Arotech Corporation is a leading provider of quality defense and security
products for the military, law enforcement and homeland security markets.
Arotech provides multimedia interactive simulators/trainers, lightweight
armoring and advanced zinc-air and lithium batteries and chargers. Arotech
operates through three major business divisions: Armor, Training and Simulation,
and Batteries and Power Systems.
Arotech is incorporated in Delaware, with corporate offices in Ann Arbor,
Michigan and research, development and production subsidiaries in Alabama,
Michigan and Israel.
Except for the historical information herein, the matters discussed in
this news release include forward-looking statements, as defined in the
Private Securities Litigation Reform Act of 1995, including the effect
of any share re-purchases by Arotech. Forward-looking statements reflect
management’s current knowledge, assumptions, judgment and expectations
regarding future performance or events. Although management believes that
the expectations re-flected in such statements are reasonable, readers
are cautioned not to place undue reliance on these forward-looking statements,
as they are subject to various risks and uncertainties that may cause
actual results to vary materially. These risks and uncertainties include,
but are not limited to, risks relating to: product and technology development;
the uncertainty of the market for Arotech’s products; changing economic
conditions; delay, cancellation or non-renewal, in whole or in part, of
contracts or of purchase orders; dilution resulting from issuances of
Arotech’s common stock upon conversion or payment of its outstanding
convertible debt, which would be increasingly dilutive if and to the extent
that the market price of Arotech’s stock decreases; and other risk
factors detailed in Arotech’s most recent Annual Report on Form
10-K for the fiscal year ended December 31, 2008 and other filings with
the Securities and Exchange Commission. Arotech assumes no obligation
to update the information in this release. Reference to the Company’s
website above does not constitute incorporation of any of the information
thereon into this press release.
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