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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 re-mounted,
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 reflected 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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