Advanced Defense Technologies, Inc. (ADTI) and Joint Venture Partner Halberd Corporation Focus on Sales Contracts for Sense a...
07 Agosto 2012 - 3:25PM
Marketwired
Advanced Defense Technologies, Inc. (PINKSHEETS: ADCF) announced
today that the Company and its joint venture partner Halberd
Corporation (PINKSHEETS: HALB), a manufacturer of both short- and
long-range Unmanned Aircraft, have been focusing on completing
sales contracts for Sense & Avoid enabled UAVs and drones.
ADTI and Halberd expect large-scale proliferation of drones and
UAV use to be contingent upon adequate sense, detect, and avoidance
capabilities that would prevent collisions with structures and
other aircrafts. ADTI, Halberd and its partners are working to
harness unprecedented intelligence; surveillance, reconnaissance,
and communication systems to incorporate sense and avoid
capabilities taking drone and UAV technology to a commercially
viable level.
R.S. Tahim, President and CEO of Advanced Defense Technologies,
Inc., stated, "The commercial and civil UAV and drone market will
take lead with government organizations requiring surveillance
systems similar to military UAVs such as the coast guard, border
patrol and other national security organizations. Our sense and
avoid enabled systems could be the key component in overcoming the
current airspace restrictions holding back commercial growth. When
these public safety obstacles, export rules and FAA restrictions
are overcome the possibilities for the sales growth of safe
reliable UAV and drones will be exponential."
About Halberd Corporation Halberd Corporation is a manufacturer
of both short- and long-range Unmanned Aircraft. Our UAVs 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. For more
information regarding Halberd go to: halberdcorp.com
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.
For more information, please contact: Advanced Defense
Technologies, Inc. Investor Relations (714) 772-8274 Email
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