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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Ken W who wrote (3256)	10/7/2003 11:46:31 AM
From: arnold silver	Read Replies (1) \| Respond to of 23958

Ken, ARTX IS MOVING, I think it's because of all the news lately,buying companies. Here is the latest. Arotech's IES Interactive Training Subsidiary Acquires Bristlecone Training Products Tuesday October 7, 10:25 am ET Receives First $250,000 order for FDU firearm diagnostics unit based on Bristlecone's Heads Up Display NEW YORK--(BUSINESS WIRE)--Oct. 7, 2003-- Arotech Corporation (NasdaqNM: ARTX) announced today that its use-of-force training subsidiary, IES Interactive Training, Inc., has purchased selected assets of Bristlecone Corporation, including the name "Bristlecone Training Products" and the patents for the Heads Up Display (HUD) and a remote trigger device, for under $500,000 in cash and notes. The acquired patents are used in the Company's Range FDU (firearm diagnostics unit), a unique combination of training and interactive technologies that give instructors a first-person perspective of what trainees are seeing and doing when firing a weapon. The Company also announced that it has received its first order for the FDU - a $250,000 order from a major federal law enforcement agency, Office of Inspector General (OIG)". IES plans to supply the FDU's together with the Range 3000 systems purchased by the OIG, all of which are expected to be fully installed by the end of 2003. "The purchase of the technologies and patents of Bristlecone brings us cutting edge technologies that will help IES in future developments", said Robert S. Ehrlich, Arotech's Chairman, President and CEO. "I am glad to see IES continue to expand its range of simulation, training and diagnostic products." About IES Interactive Training IES Interactive Training, a wholly owned subsidiary of Arotech Corporation, is a manufacturer of interactive digital training solutions to corporations, government agencies, military and law enforcement professionals around the globe. By providing unique judgment-driven systems designed by an experienced team of professionals, IES sets the standard for interactive simulation training. Flagship products include the Range 3000 XP4, a multimedia simulator; the Range FDU, advanced firearm diagnostics unit; and the A2Z Classroom Trainer for interactive, real-time learning. For further information about IES, please visit the company's Website at ies-usa.com. Profanity