EMERSON, NJ--(Marketwire - Dec 12, 2011) - Lapis Technologies, Inc. (
David Lucatz, President and CEO of Lapis Technologies, said, "Enertec's leadership position as a provider of ground support equipment solutions for operational military systems has helped the company win a new contract from a major customer. The combat readiness of weapon systems is critical and demands zero tolerance in terms of error or design flaws. We were selected to produce weapons technology for a mission critical component because of our past track record with the client and our proprietary technology. We believe there will be growing global demand for this technology."
About Lapis Technologies, Inc.
Lapis Technologies, Inc (
Lapis Technologies, Inc. Forward-looking Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often are preceded by words such as "believes," "expects," "may," "anticipates," "plans," "intends," "assumes," "will" or similar expressions. Such forward-looking statements are based on the current expectations and certain assumptions of Lapis Technologies' management, and are, therefore, subject to certain risks and uncertainties. A variety of factors, many of which are beyond Lapis Technologies' control, affect Lapis Technologies' operations, performance, business strategy and results and could cause the actual results to differ materially from any future results, performance or achievements that may be expressed or implied by the forward-looking statements contained in this press release. More detailed information about the risk factors affecting Lapis Technologies' performance is contained in Lapis Technologies' filings with the U.S. Securities and Exchange Commission ("SEC"), which are available on the SEC's website, www.sec.gov. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analyses only as of the date hereof. Lapis Technologies neither intends to, nor assumes any obligation to, update or revise these forward-looking statements in light of developments that differ from those anticipated.
Contact Information:
Company Contact - Investor Relations:
Leslie Wolf-Creutzfeldt
Grayling
Phone: +1 646-284-9472
Email: leslie.wolf-creutzfeldt@grayling.com
Dina Shir
Lapis Technologies, Inc
Phone: +972-544-652806
Email: dina@dl-capital.com