Arotech Corporation to Report Second Quarter and First Half 2003 Results on Friday, August 8, 2003

August 5, 2003 - Arotech Corporation (NasdaqNM: ARTX) a provider of quality advanced zinc-air batteries, multimedia interactive simulators/trainers and lightweight armoring for the military, law enforcement and homeland security markets, will report its second quarter and first half 2003 results on Friday, August 8, 2003, after the close of the securities markets.

There will be an earnings conference call to discuss the results on Monday, August 11, 2003 at 10:00 a.m. EDT. Those wishing to take part in the conference call should call 1-800-946-0782 (US) or +1-719-457-2657 (international) a few minutes before the 10:00 a.m. EDT start time. In addition, an instant replay will be available Monday, August 11, 2003 at 1:00 p.m. EDT until Wednesday, August 13, 2003 at 8:00 p.m. EDT. The replay telephone number is 1-888-203-1112 (US); +1-719-457-0820 (international). The confirmation number is 445203.

About Arotech Corporation

Arotech’s corporate mission is to provide quality defense and security products for the military, law enforcement and homeland security markets, including advanced zinc-air batteries, multimedia interactive simulators/trainers and lightweight armoring.

Arotech Corporation (www.arotech.com) operates two business divisions: Electric Fuel Batteries – developing and manufacturing zinc-air batteries for military and homeland security applications and developing electric vehicle batteries for zero emission public transportation; and Arotech Defense – consisting of IES Interactive, which provides advanced high-tech multimedia training systems for law enforcement and paramilitary organizations, and MDT Armor, which provides vehicle armoring for the military, industrial and private sectors.

Arotech is incorporated in Delaware under the name “Electric Fuel Corporation” and has corporate and sales offices in New York and Denver with research, development and production subsidiaries in Alabama, Colorado and Israel.