AAMI AMERICAN AMMUNITION INC - Demonstrates Bullet Designed Specifically - For
Use Inside Commercial Aircraft
New York, New York, Nov 08, 2001 (Market News Publishing via COMTEX) -- Law
Enforcement Community and Press Show Enthusiasm Over Air Defense
Round
American Ammunition, Inc. demonstrated its new Air Defense Round (ADR), a bullet
that will not pierce an aircraft fuselage but will penetrate human soft tissue.
Acting on requests from the law enforcement community, American Ammunition
originally designed the product specifically for use inside the cabin of a
commercial aircraft, with additional applications such as nuclear power plants,
hazardous materials storage facilities, and home defense.
The Company demonstrated the product, which was designed as a direct result of
the attacks on America, September 11th, before the Georgia Tactical Officers
Association (GTOA) at the Cobb County Police Department Training Center in
Atlanta, GA on November 2, 2001. In attendance at the demonstration were,
Commissioner of Public Safety, Robert Hightower, members of the Georgia State
Troopers and SWAT Team and a variety of Law Enforcement Agencies.
Representatives from the Associated Press, CNN, and local print and television
media where also present.
The representatives from the law enforcement community expressed a great deal of
interest in this new technology. Commissioner Hightower said he was encouraged
by the rounds performance, telling the Marietta Daily Journal, "We think, from a
law enforcement standpoint, it has a lot of applications. I've never seen a
round that would do this. For us, it is not only going to save some lives, some
innocent, civilian lives of people who are not even in the fray, but it is a
tremendous liability-avoidance situation."
The Company demonstrated the controlled penetration characteristics of this
advanced projectile on several targets including a section of Boeing 727,
Ballistic Gelatin, and a simulated interior wall (gypsum board construction). In
each case the ADR performed as expected, providing designed penetration of the
target materials while not exhibiting perforation beyond the design parameters.
Applications for the ADR include commuter and commercial aircraft, sensitive
ground assault applications, such as entry into thin wall construction
buildings, schools, etc..., where excessive penetration could cause collateral
damage and unintended secondary wounds.
Working closely with law enforcement, American Ammunition has started producing
variations of the ADR in several other calibers. "We are very encouraged by the
outcome of this demonstration and the degree to which the law enforcement
community is receptive to this advancement in ballistics. American is working
diligently to produce the new calibers to meet this need," stated Andres
Fernandez, President and C.E.O. of American Ammunition, Inc.
American Ammunition has departed completely from standard ballistics and
designed this projectile to meet this growing and unfilled need. Two of the
basic design criteria in ballistics are penetration and expansion of the
projectile. These two factors have been controlled to meet the specific
requirements of weapons discharged inside an aircraft cabin, while insuring
fuselage integrity. This design is a new concept in close quarter ammunition: a
bullet capable of incapacitating an assailant without terminally damaging
surrounding structure.
This release contains statements that constitute forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E the Securities Exchange Act of 1934, as amended. These statements
appear in a number of places in this release and include all statements that are
not statements of historical fact regarding the intent, belief or current
expectations of the Company, its directors or its officers with respect to,
among other things: (i) the Company's financing plans; (ii) trends affecting the
Company's financial condition or results of operations; (iii) the Company's
growth strategy and operating strategy; and (iv) the declaration and payment of
dividends. The words "may," "would," "will," "expect," "estimate," "anticipate,"
"believe," "intend," and similar expressions and variations thereof are intended
to identify forward-looking statements. Investors are cautioned that any such
forward-looking statements are not guarantees of future performance and involve
risks and uncertainties, many of which are beyond the Company's ability to
control, and that actual results may differ materially from those projected in
the forward-looking statements as a result of various factors.
CONTACT: TEL: 305/835-7400 American Ammunition, Inc., Miami
Philippe Busnot
MarketbyFax(tm) - To get the NEWS as it happens, call (604) 689-3041.
(C) 2001 Market News Publishing Inc.
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KEYWORD: New York, New York
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