January, 2010

American Defense Systems, Inc. | blast resistant protection

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CSI sections relating to blast resistant protection:

[08] Openings
08 34 53 Security Doors and Frames
08 56 00 Special Function Windows
08 88 56 Ballistics-Resistant Glazing


[13] Special Construction
13 47 00 Facility Protection
13 47 19 Blast Resistant Components*
13 47 13 Cathodic Protection

Source: https://www.arcat.com/arcatcos/cos46/arc46581.html

American Defense Systems creates bullet- and blast-resistant panels for inauguration

TRIBUNE
Jan 20th, 2009

source: https://www.securityinfowatch.com/security-executives/protective-operations-guard-services/news/10492361/ny-company-provides-protective-panels-for-inauguration-security

Jan. 20–One of the layers of security protecting Barack Obama today as he’s sworn in as president and makes his first speech as chief executive will be bullet- and blast-resistant glass panels produced by American Defense Systems Inc. of Hicksville and arrayed around the podium.

Ordered by the Secret Service under a contract whose details and cost are classified, the panels are made of multiple layers of glass bonded with a proprietary substance, said Roger Ward, the company’s vice president of marketing and investor relations.

The panels are designed to both deflect the paths of — and absorb — projectiles, including bullets and fragments from explosives. “Obviously it can’t stop everything; it depends on what’s being thrown at it,” Ward said yesterday. “But, without question, I can state that the glass will stop [a round from] any handgun, and it will stop assault rifles. It will stop a lot.”

American Defense glass has protected Obama twice before during speeches, Ward said, while an earlier design of its panels surrounded President George W. Bush during his 2005 inauguration.

Founded in 2002 by its current chief executive, Tony Piscitelli, American Defense also makes traditional opaque armor, and its main business is supplying protective systems for operators of military construction equipment being used in Iraq and Afghanistan.

The company, whose shares are traded on the American Stock Exchange, employs about 90 people in Hicksville. In a statement Dec. 29, it forecast a 26 percent increase in revenues this year over last, to more than $52 million.

West Coast Asset Management, Inc. leads with $14 million investment

April 08, 2008 12:02 PM Eastern Daylight Time

source: https://www.businesswire.com/news/home/20080408006140/en/American-Defense-Systems-Secures-15-Million-Equity


HICKSVILLE, N.Y.–(BUSINESS WIRE)–American Defense Systems, Inc., offering advanced solutions in the design, fabrication and installation of transparent and opaque armor, security doors, windows and curtain wall systems, announced today that the Company has secured $15 million in financing through a private placement of Series A Preferred Stock and Warrants with West Coast Opportunity Fund, LLC, managed by West Coast Asset Management, and Centaur Capital Partners.

American Defense Systems issued a total of 15,000 restricted shares of Series A Preferred Stock and Warrants at $1,000 per share. The Company indicated that it will use the funds to finance its growth plans, including the development of additional proprietary technologies, select acquisitions (ADSI has not entered into any definitive agreements with respect to any such future acquisitions) and other general purposes.

Mr. Anthony J. Piscitelli, Chairman & Chief Executive Officer of American Defense Systems, Inc,, stated, “Our announcement today is a major milestone for ADSI as it further strengthens our balance sheet, providing enhanced financial flexibility and support for our long-term development as an innovator in the fields of armor and physical security. We are excited to have West Coast Asset Management and Centaur Capital Partners on board as new strategic investors to support the next stage of ADSI’s growth and development.”

Atticus Lowe, Chief Investment Officer of West Coast Asset Management commented, “We believe this investment in ADSI is a strong endorsement of the innovative technologies, people and profitable growth potential we see for ADSI as we look out to the future. As a designer and manufacturer of armor systems for premier military, government, law enforcement and corporate customers, ADSI has a proven track record of deploying leading edge solutions to protect its customers in the most challenging environments. With a strong management team at the helm, we are pleased to be supporting ADSI as they expand their customer base and product offerings.”

Founded in 2000 by Kinko’s founder Paul Orfalea and Lance Helfert, West Coast Asset Management provides exclusive equity and alternative asset management to high net worth individuals, institutions and charitable foundations through separately managed accounts and West Coast Opportunity Fund, LLC. Centaur Capital Partners is a Dallas-based value oriented investment management firm. Midtown Partners provided investment banking services on behalf of American Defense Systems in this transaction.

About American Defense Systems, Inc. (ADSI)

American Defense Systems, Inc. (ADSI) offers advanced solutions in the design, fabrication, and installation of transparent and opaque armor, security doors, windows and curtain wall systems for use by military, law enforcement, homeland defense and corporate customers. ADSI engineers also specialize in developing innovative, functional and aesthetically pleasing security applications for the mobile and fixed infrastructure physical security industry.

For more information about American Defense Systems, Inc. please visit the corporate Web site at http://www.adsiarmor.com.

Some of the statements made by American Defense Systems, Inc. (“ADSI”) in this press release, including, without limitation, statements regarding ADSI’s anticipated future growth, are forward-looking in nature. ADSI intends that any forward-looking statements shall be covered by the safe harbor provisions for such statements contained in the Private Securities Litigation Reform Act of 1995. Statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” “predicts,” “potential,” “continues” and similar expressions are forward-looking statements. ADSI cautions you that forward-looking statements are not guarantees of performance. ADSI undertakes no obligation and disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Forward-looking statements involve known and unknown risks and uncertainties that may cause ADSI’s actual future results to differ materially from those projected or contemplated in the forward-looking statements. ADSI believes that these risks include, but are not limited to: ADSI’s reliance on the U.S. government for a substantial amount of its sales and growth; decreases in U.S. government defense spending; ADSI’s ability to contract further with the U.S. Department of Defense; ADSI’s ability to comply with complex procurement laws and regulations; competition and other risks associated with the U.S. government bidding process; changes in the U.S. government’s procurement practices; ADSI’s ability to obtain and maintain required security clearances; ADSI’s ability to realize the full amount of revenues reflected in its backlog; ADSI’s reliance on certain suppliers; and intense competition and other risks associated with the defense industry in general and the security-related defense sector in particular. Additional information concerning these and other important risk factors can be found under the heading “Risk Factors” in ADSI’s filings with the Securities and Exchange Commission, including, without limitation, its registration statement on Form 10. Statements in this press release should be evaluated in light of these important factors.

PREVIOUS INC. 5000 RANKINGS

American Defense Systems supplies armor kits and ballistic shields for the military and law enforcement agencies, and provides architectural hardening for government and corporate buildings.

2008 Inc. 5000 Rank: # 696
Industry: Government Services
Location: Hicksville, NY
Founded: 2002

source: https://www.inc.com/profile/american-defense-systems