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ARTX

Started by law2702, May 24, 2005, 05:31:26 PM

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slomo007

I jumped in this one yesterday from a technical standpoint (bottom fishing) and got lucky due to a PR this morning: 

QuoteArotech's MDT Receives Over $1.5 Million in Orders for Armored Combat Vehicles
Wednesday March 8, 8:55 am ET
Vehicles Will Be Armored at MDT Protective Industries in Israel

AUBURN, Ala.--(BUSINESS WIRE)--March 8, 2006--Arotech Corporation (NasdaqNM: ARTX - News) announced today that its Armor Division has recently received over $1.5 million in orders for armoring various combat vehicles. Delivery of these vehicles, which will be armored in Israel, is expected to take place over the next 4 months.

"We are now making our first steps into the market for military armored combat vehicles," said Robert S. Ehrlich, Chairman and CEO of Arotech Corporation. "We believe that this market holds significant new potential for MDT."

About Arotech's Armor Division:

Arotech's Armor Division is an innovative leader in lightweight armoring for vehicles. The Armor Division has years of battlefield and commercial protection experience and has provided life saving protection under the most extreme conditions. In addition to armoring vehicles for military and commercial customers, Arotech manufactures armor kits for military vehicles, aviation armor both for helicopters and for fixed wing aircraft, marine armor, personnel armor and fragmentation blankets.

The Armor Division consists of MDT Armor Corporation, MDT Protective Industries Ltd. and Armour of America Incorporated.

About Arotech Corporation

Arotech Corporation is a leading provider of quality defense and security products for the military, law enforcement and security markets, including multimedia interactive simulators/trainers, lightweight armoring and advanced zinc-air and lithium batteries and chargers. Arotech operates through three major business divisions: Armor, Simulation and Security and Batteries and Power Systems.

Arotech is incorporated in Delaware, with corporate offices in Auburn, Alabama, and research, development and production subsidiaries in Alabama, Colorado, Michigan, California 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. 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 significantly. 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; Arotech's ability to remain listed on the Nasdaq Stock Market in accordance with the Nasdaq's $1.00 minimum bid price and other continued listing standards; 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, 2004, as amended, 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.


Contact:

Arotech Corporation
Kim Kelly, 1-866-317-4677
[email protected]
www.arotech.com

Considering it had bottomed out in the low .40s, this looks like one of the few stocks I feel comfortable buying after news hits, as long as you choose your entry wisely.

billyboy

Watch this one today.  Had decent PR pre market.  Stochastic chart looks good for entry.   DMI looks good as it appears as +DI is turning upward.  You be the judge but it may be a decent play

la-onda

ARTX: Receives Over $1.5M in Orders for Armored Combat Vehicles
Wednesday, March 08, 2006 08:58 ET

Arotech Corporation (ARTX) announced that its Armor Division has recently received over $1.5 million in orders for armoring various combat vehicles. Delivery of these vehicles, which will be armored in Israel, is expected to take place over the next 4 months.

"We are now making our first steps into the market for military armored combat vehicles," said Robert S. Ehrlich, Chairman and CEO of Arotech Corporation. "We believe that this market holds significant new potential for MDT."

billyboy

Decent Vol. but nothin' happining.   Still on the low end of the 52wk L/H.   We shall see.   

setravis

Here is a thread that was already up and running on this pick.
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

here is a thread already up and running on this pick.Located on the Stock Picking Board
This seems to be on the wrong board.

http://www.3stocksonfire.org/trading/index.php?topic=211.0
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

stock-kitty

Charts looks ready for a move up imo.


Cheers

stock-kitty

Nice news and she finally broke out  :P

Arotech awarded additional funding from U.S. Army for Phase III of New Generation Zinc Air Development Program

$1.2 mio sweet


Cheers


win2seek

Arotech Reverse Stock Split and Warrant Issuance Proposals Receive Overwhelming Approval from Stockholders; One-for-Fourteen Reverse Stock Split to Take Effect at the Opening of Trading on June 21
MONDAY, JUNE 19, 2006 4:01 PM

ANN ARBOR, Mich., Jun 19, 2006 (BUSINESS WIRE) -- Arotech Corporation (ARTX) announced today that at its annual meeting of stockholders held this morning in New York, New York, Arotech's stockholders overwhelmingly approved proposals to effect a one-for-fourteen reverse split of Arotech's common stock, and to ratify, for purposes of NASD Marketplace Rule 4350(i)(1)(C)(ii), the issuance in February, March and April of 2006 of warrants expiring March 31, 2008 to purchase up to 4,175,071 shares of Arotech's common stock at a price of $0.594 per share (approximately 298,220 shares after giving effect to the reverse split).

The one-for-fourteen reverse stock split will take effect the morning of Wednesday, June 21, 2006. Pursuant to the rules of the Nasdaq Stock Market, Arotech's stock ticker symbol will change from ARTX to ARTXD beginning on Wednesday, June 21 through and including Wednesday, July 19 (a period of twenty business days). The symbol will revert back to ARTX beginning with the opening of trading on Thursday, July 20, 2006.

"We appreciate this tremendous stockholder support for our growth and share capital management objectives," said Robert S. Ehrlich, Chairman and CEO of Arotech. "We will work hard to justify our stockholders' confidence."


Arotech Simulation and Training Division Announces $4.9M in Orders
TUESDAY, JUNE 20, 2006 8:00 AM
ANN ARBOR, Mich., Jun 20, 2006 (BUSINESS WIRE) -- Arotech Corporation (ARTX) announced today that its Simulation and Training Division, through its FAAC subsidiary, has experienced continued successes in each of its main business areas totaling over $4.9M in recent orders. This recent activity is highlighted by the following:

-- The recently relocated IES division has experienced continuity in operations and successfully began shipping product from Ann Arbor. In May, fourteen use of force systems were shipped to nine different customers. This milestone is in combination with recent awards totaling over $1.47M for thirty-four systems from eight customers.
-- Continued support of FAAC's weapon simulation software was evidenced with over $1.56M of awards, exemplified by continuing efforts associated with our weapon employment zone algorithms on-board the F-15 and support of a foreign delivery version of the F-16.

-- FAAC received over $1.89M in awards for driving simulators including successes resulting from our recent focus on the public safety sector. FAAC received fire-related driving simulator orders from three agencies and an extension of our fire Incident Command Product to include weapons of mass destruction elements.

"The simulation and training division remains strong and well positioned for continued success," said Steven Esses, Arotech President and Chief Operating Officer. "We are especially excited to begin to see the positive results of relocating IES to Ann Arbor, not only in terms of cost savings but the product enhancements and capabilities we are able to offer our customer base through consolidated operations."

About Arotech's Simulation and Training Division

Arotech's Simulation and Training Division develops, manufactures, and markets advanced high-tech multimedia and interactive digital solutions for use-of-force and driver training of military, law enforcement, security, municipal and private industry personnel. The division's fully interactive driver-training systems feature state-of-the-art vehicle simulator technology enabling training in situation awareness, risk analysis and decision making, emergency reaction and avoidance procedures, and conscientious equipment operation. In addition, the division's use-of-force training products and services allow organizations to train their personnel in safe, productive, and realistic environments. The division also provides pilot decision-making support software for the F-15, F-16, F-18, and JSF aircraft, as well as simulation models for the ACMI/TACTS air combat training ranges.
Arotech's Simulation and Training Division consists of FAAC Incorporated and IES Interactive Training Inc.

setravis

Press Release Source: Arotech Corporation


Arotech Simulation and Training Division Announces $4.9M in Orders
Tuesday June 20, 8:00 am ET


ANN ARBOR, Mich.--(BUSINESS WIRE)--June 20, 2006--Arotech Corporation (NasdaqNM: ARTX - News) announced today that its Simulation and Training Division, through its FAAC subsidiary, has experienced continued successes in each of its main business areas totaling over $4.9M in recent orders. This recent activity is highlighted by the following:
The recently relocated IES division has experienced continuity in operations and successfully began shipping product from Ann Arbor. In May, fourteen use of force systems were shipped to nine different customers. This milestone is in combination with recent awards totaling over $1.47M for thirty-four systems from eight customers.
Continued support of FAAC's weapon simulation software was evidenced with over $1.56M of awards, exemplified by continuing efforts associated with our weapon employment zone algorithms on-board the F-15 and support of a foreign delivery version of the F-16.
FAAC received over $1.89M in awards for driving simulators including successes resulting from our recent focus on the public safety sector. FAAC received fire-related driving simulator orders from three agencies and an extension of our fire Incident Command Product to include weapons of mass destruction elements.
"The simulation and training division remains strong and well positioned for continued success," said Steven Esses, Arotech President and Chief Operating Officer. "We are especially excited to begin to see the positive results of relocating IES to Ann Arbor, not only in terms of cost savings but the product enhancements and capabilities we are able to offer our customer base through consolidated operations."

About Arotech's Simulation and Training Division

Arotech's Simulation and Training Division develops, manufactures, and markets advanced high-tech multimedia and interactive digital solutions for use-of-force and driver training of military, law enforcement, security, municipal and private industry personnel. The division's fully interactive driver-training systems feature state-of-the-art vehicle simulator technology enabling training in situation awareness, risk analysis and decision making, emergency reaction and avoidance procedures, and conscientious equipment operation. In addition, the division's use-of-force training products and services allow organizations to train their personnel in safe, productive, and realistic environments. The division also provides pilot decision-making support software for the F-15, F-16, F-18, and JSF aircraft, as well as simulation models for the ACMI/TACTS air combat training ranges.

Arotech's Simulation and Training Division consists of FAAC Incorporated and IES Interactive Training Inc.

About Arotech Corporation

Arotech Corporation is a leading provider of quality defense and security products for the military, law enforcement and homeland security markets, including multimedia interactive simulators/trainers, lightweight armoring and advanced zinc-air and lithium batteries and chargers. Arotech operates through three major business divisions: Armor, Simulation and Training and Battery and Power Systems.

Arotech is incorporated in Delaware, with corporate offices in Ann Arbor, Michigan, and research, development and production subsidiaries in Alabama, Colorado, Michigan, California 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 results of our restructuring program. 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; Arotech's ability to remain listed on the Nasdaq Stock Market in accordance with the Nasdaq's $1.00 minimum bid price and other continued listing standards; 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, 2004, as amended, 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.

Contact:
TTC Group
Victor Allgeier, 646-290-6400
[email protected]

--------------------------------------------------------------------------------
Source: Arotech Corporation
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

• Arotech says holders okay 1-for-14 reverse stock split
June 19 (Reuters) - Arotech Corp. (ARTX.O: Quote, Profile, Research) on Monday said its stockholders have approved a one-for-fourteen reverse split of the company's common stock.

The stock split will take effect on June 21, the company said in a statement.
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

rdemp52572



makroni

#29
My first post here after long registered so sorry for all languish mistakes.

First, for all of you not very familiar with this stock, I reccomend reading the eliteG's post from April http://www.3stocksonfire.org/trading/index.php?topic=5278.0

I also would like to mention that on June the company made a reveres split of 1:14 and the fourteen 30 cents stocks turned to an one new ARTX $4 value share.

Just for you to be uptaed. by the 6 months passing from when ARTX was analyzed, for many reasons that can be argued about, the stock kept losing value and went to its lowest point to another, untill its last buttom in the beginning of November whice was about $1.43 (Equal to 10 cents before split)
from then it started to climb and with the company published its Q3 reports and the share jumped $2.1

Speaking from fundamental point of view, seems like the market liked the numbers of its last Q, which from many ways showed lot of improvements... Thought it is still not profitable; I think this was one of the best Q it has ever had. With backlog exiding its records It might shows true signs that the company has finally get on the tracks of growth.

Mkt Cap is now standing on less than 22 millions... that is with todays almost balanced cash/debt ratio, with book value almost 2.5 times over, and backlog of 50M !

I'm also would like to recommend this blog on Arotech which addresses lots of info about the stock and its business: (It's from Israel but great part of it in English)

http://www.tapuz.co.il/blog/userblog.asp?EntryId=820309&blogid=76406&prev

I'll be happy to get any of your remarks.

makroni.