Working Capital Statement


 

TIDMADID TIDMADIS 
 
RNS Number : 0491X 
Armor Designs, Inc. 
07 August 2009 
 

 
 
Armor Designs Inc. 
("Armor Designs" or "the Company") 
Working Capital Statement 
 
 
 
 
The Company acknowledges that the balance sheet conditions that existed at year 
end, announced on June 23, 2009, have not yet been remedied. Efforts are 
underway to do so and all other aspects of the announcement of preliminary 
results remain as previously stated. Success in some of these efforts in the 
next few months is necessary to rectify the situation. The Company has a high 
degree of confidence that these efforts will be successful and that the position 
will be resolved in the next few months. The Company will keep the market 
updated as to its progress. 
 
 
For further information please contact: 
 
 
+-------------------------------------------+----------------------------+ 
| Armor Designs, Inc.                       |                            | 
+-------------------------------------------+----------------------------+ 
| Phil Clement, Interim CEO                 | Tel: +1 602 275 4633       | 
+-------------------------------------------+----------------------------+ 
| Phil.Clement@armordesigns.com             | www.armordesigns.com       | 
+-------------------------------------------+----------------------------+ 
 
 
+-------------------------------------------+----------------------------+ 
| ZAI Corporate Finance Limited             |                            | 
+-------------------------------------------+----------------------------+ 
| Graeme Thom / Thilo Hoffmann              | Tel: +44 20 7398 2900      | 
+-------------------------------------------+----------------------------+ 
 
 
  Media enquiries: 
+-------------------------------------------+----------------------------+ 
| Brunswick Group LLP                       |                            | 
+-------------------------------------------+----------------------------+ 
| Michael Harrison/ Chris Blundell/ Camilla | Tel: +44 20 7404 5959      | 
| Gore                                      |                            | 
+-------------------------------------------+----------------------------+ 
 
 
Notes to editors 
Armor Designs, Inc. ("ADI") is a knowledge-based company specializing in 
next-generation composite material design, manufacture, prototyping and testing 
for applications and products for the armor industry. ADI uses a proprietary 
design and manufacturing process called VCM to rapidly develop new composite 
armor products of superior ballistic, weight and flexibility. The VCM process is 
protected by patents and trade secrets licensed to ADI in perpetuity for use in 
field of armor. For more information on Armor Designs, Inc., please go to 
www.armordesigns.com 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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