Elbit Systems' Subsidiary, Talla-Tech, Announces $14.4M in Contract Awards on Multiple Programs for the U.S. Department of Defen
October 08 2007 - 10:06AM
PR Newswire (US)
HAIFA, Israel, October 8 /PRNewswire-FirstCall/ -- Elbit Systems
Ltd.(NASDAQ:ESLT) announced that its indirect wholly- owned U.S.
subsidiary, Tallahassee Technologies, Inc. (Talla-Tech), received
$14.4 in contract awards on multiple programs for the Department of
Defense for Talla-Tech's RPDA-57 and Tacter 31-M products. The
RPDA-57 is the 5th generation in a family of reliable
multi-function military Rugged-Personal Data Assistant computers
designed to deliver real-time data to harsh combat environments.
The RPDA-57 features a powerful Intel 520 MHz PXA-270 processor
running on a 400Mhz processor bus, 128MB RAM and 64MB ROM in both a
Wireless and Non-Wireless configuration. The RPDA-57's unique
modular design can be configured for options such as PC Card Slots,
Tactical Modem Protocols and GPS which supports multiple mission
profiles. The Tacter-31M, handheld or vehicle mounted, is a
multipurpose rugged computer designed to serve all combat echelons
in the modern battlefield. The Tacter 31M's embedded communications
utilize today's protocols, such as the MIL-STD 188-220, making the
terminal a critical building block for any C4I system. The Tacter
31M supports simultaneous connectivity for two independent tactical
radio nets, as well as LANs and other nets. The Tacter-31M has an
optional GPS receiver, offering the solidier vital navigation and
mapping capabilities. The Tacter-31M is a mission-proven command
and control platform that has become the system of choice for the
US Army and Marine Corps. About Elbit Systems Ltd.: Elbit Systems
Ltd. is an international defense electronics company engaged in a
wide range of defense-related programs throughout the world. The
Elbit Systems Group, which includes the company and its
subsidiaries, operates in the areas of aerospace, land and naval
systems, command, control, communications, computers, intelligence
surveillance and reconnaissance ("C4ISR"), unmanned air vehicle
(UAV) systems, advanced electro-optics, electro-optic space
systems, EW suites, airborne warning systems, ELINT systems, data
links and military communications systems and radios. The Group
also focuses on the upgrading of existing military platforms and
developing new technologies for defense, homeland security and
commercial aviation applications. This press release contains
forward looking statements (within the meaning of Section 27A of
the Securities Act of 1933, as amended and Section 21E of the
Securities Exchange Act of 1934, as amended) regarding Elbit
Systems Ltd. and/or companies in the Elbit Systems Group, to the
extent such statements do not relate to historical or current fact.
Forward Looking Statements are based on management's expectations,
estimates, projections and assumptions. Forward looking statements
are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995, as amended. These
statements are not guarantees of future performance and involve
certain risks and uncertainties, which are difficult to predict.
Therefore, actual future results, performance and trends may differ
materially from these forward looking statements due to a variety
of factors, including, without limitation: scope and length of
customer contracts; governmental regulations and approvals; changes
in governmental budgeting priorities; general market, political and
economic conditions in the countries in which the Elbit Systems
Group operates or sells, including Israel and the United States
among others; differences in anticipated and actual program
performance, including the ability to perform under long-term
fixed-price contracts; and the outcome of legal and/or regulatory
proceedings. The factors listed above are not all-inclusive, and
further information is contained in Elbit Systems Ltd.'s latest
annual report on Form 20-F, which is on file with the U.S.
Securities and Exchange Commission. All forward looking statements
speak only as of the date of this release. Elbit Systems does not
undertake to update its forward-looking statements. Company
Contact: Joseph Gaspar, Corporate VP & CFO Dalia Rosen,
Director of Corporate Communications Elbit Systems Ltd. Tel:
+972-4-831-6663 Fax: +972-4-831-6944 E-mail: IR Contact: Ehud Helft
/ Kenny Green G.K. Investor Relations Tel: +1-646-201-0246 Fax:
+972-3-6074-711 E-mail: DATASOURCE: Elbit Systems Ltd CONTACT:
Company Contact: Joseph Gaspar, Corporate VP & CFO, Dalia
Rosen, Director of Corporate Communications, Elbit Systems Ltd,
Tel: +972-4-831-6663, Fax: +972-4-831-6944, E-mail: , ; IR Contact:
Ehud Helft / Kenny Green, G.K. Investor Relations, Tel:
+1-646-201-0246, Fax: +972-3-6074-711, E-mail:
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