American Defense Systems Engages Liolios Group to Lead New Investor Relations Program HICKSVILLE, NY--(MARKET WIRE)--Oct 6, 2008 -- American Defense Systems, Inc. (ADSI) (EAG - News), a leading
provider of advanced transparent and opaque armor,
architectural hardening and security products for Defense
and Homeland
Security, has engaged Liolios Group, Inc. to lead a new
investor relations
and financial communications program. "We believe Liolios Group brings a proven ability to generate results for emerging growth companies looking to build quality, long-term relationships with investors, analysts, money managers and institutions," said ADSI CEO Anthony J. Piscitelli. "We have arrived at a pivotal stage in our development that has made it important for a team of experienced professionals like Liolios Group to deliver our message more effectively to our shareholders and raise our profile in the investment community." Liolios Group will collaborate with ADSI's management to redefine the company's message and outline a new communications strategy. Liolios Group will also schedule a number of conference calls, road shows, and financial conferences over the next several months, targeting key influencers, such as analysts, fund managers, investment advisors, and members of the financial press. Scott Liolios, president of Liolios Group, commented: "Given ADSI's expanding business that has created a strong revenue growth outlook for this year, ADSI is an ideal candidate for our specialized investor relations and financial communications program. We look forward to executing a comprehensive plan that communicates the company's compelling message to existing shareholders and potential investors." To receive a corporate profile on ADSI or schedule meetings with company management, please contact the Liolios Group at (949) 574-3860 or email info@liolios.com. About Liolios Group Liolios Group, Inc. is a highly selective and comprehensive investor relations firm specializing in small and micro-cap companies. By design, Liolios Group represents only a handful of clients, permitting a strong, individualized focus, and facilitating broader exposure to the financial community. For more information about Liolios Group, go to www.liolios.com. About American Defense Systems, Inc. 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, visit the ADSI corporate Web site at 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 most recent registration statement on Form 10. Statements in this press release should be evaluated in light of these important factors. Contact: Company Contacts:
Roger Ward
V.P. of Marketing & Investor Relations
American Defense Systems, Inc.
Tel 516-390-5300, x326
Email Contact
Investor Relations:
Ron Both
Managing Director
Liolios Group, Inc.
Tel (949) 574-3860
Email Contact
Source: American Defense Systems
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