SOURCE: Advanced Defense Technologies, Inc.
ANAHEIM, CA--(Marketwire - Jul 19, 2012) - Advanced Defense Technologies, Inc. (PINKSHEETS: ADCF) announced today the major business development plans to advance its efforts to commercialize the Company's cost effective antenna systems for detection, SATCOM and UAV payload implementation and integration for the commercial markets. ADTI anticipates a number of initiatives to accelerate the development and eventual commercialization of our UAV Systems. The Company's priorities include obtaining additional financing to accelerate our commercialization efforts, the development of additional system enhancement technologies, completion of field testing evaluation, and the acquisition of strategic partners and engineering talent to help advance our technology from research and development to the commercial market.
R.S. Tahim, President and CEO of Advanced Defense Technologies Inc. stated, "ADTI's new phased array antenna technology which has the advantages of providing excellent solutions to high cost, extensive cooling requirements, weight, size and the system complexities is being extended to the future sensors, communication data links and the Seek and Avoid systems for UAVs and Drones. Our UAV designs are intended for both private and governmental use in such diverse industries as military, oil and gas, municipal, meteorological, forestry, agriculture and coastal/border surveillance."
About Advanced Defense Technologies
Advanced Defense Technologies (ADTI) develops systems and technologies for the military defense and homeland security industry. The Company's system design technology has been developed under several SBIR Programs with Government Agencies including the US military (USAF, ARMY, NAVY and MDA), NASA, DARPA and a prestigious defense contractor (Phillips Labs). For more information regarding ADTI go to: www.theadti.com
Safe Harbor Statement
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Advanced Defense Technologies, Inc., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.