Corporate News
Preliminary Results
Armor Designs, Inc., a designer and manufacturer of composite armour products targeting numerous sectors, today announces its maiden set of preliminary results for the year ended 31 December 2007.
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The full results are available to download in pdf
Highlights
- Successful IPO in December 2007
- Transition from research and development to commercialisation of the Company's body armour plates
- Cash at the end of the period in excess of US$13.5 million
- Established a number of sales distribution channels covering the US, Europe and Latin America
- Since the period end, the Company has successfully restructured the Board, and announced the appointment of Charles Snyder as CEO
Commenting on the results, Charles Snyder, CEO of Armor Designs, Inc., said: "The Board is pleased with the progress made during the period, as the Company has moved into the commercialisation stage of our body armour products. I was delighted to join Armor Designs in April 2008, and look forward to working with Dr. James St. Ville to continue to expand and diversify the Company's product platforms, and establishing ourselves in global markets. The IPO in December 2007 has put the Company in a strong position to carry out our development and growth strategies and to continue to commercialise our product lines."
For further information:
Armor Designs, Inc. |
|
| Charles Snyder, CEO | Tel: +44 (0) 20 7398 7709 |
| charles.snyder@armordesigns.com | www.armordesigns.com |
| Zimmerman Adams International Limited | |
| Graeme Thom / Fiona Kinghorn | Tel: +44 (0) 20 7398 2900 |
| graemet@zimmint.com / fionak@zimmint.com | www.zimmint.com |
Media enquiries:
Abchurch |
|
| Henry Harrison-Topham / Joanne Shears | Tel: +44 (0) 20 7398 7709 |
| joanne.shears@abchurch-group.com | www.abchurch-group.com |
Disclaimer - important
Electronic versions of the materials you are seeking to access are being made available on this website by Armor Designs, Inc. ("Armor Designs") pursuant to the AIM rules for companies published by the London stock exchange as a consequence of the fact that the common shares of armor designs are admitted to trading on the AIM market of the London Stock Exchange.
Non-U.S. persons
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None of the securities of Armor Designs discussed or referred to in the materials you are seeking to access have been registered under the US securities act 1933, as amended ("securities act") and may not be offered, sold, pledged or otherwise transferred except (1) in an offshore transaction meeting the requirements of rule 903 or rule 904 of regulation s under the securities act, (2) pursuant to an effective registration statement under the securities act, or (3) pursuant to an available exemption from the registration requirements of the securities act, in each case in accordance with all applicable securities laws.