Directorate Change
June 27 2008 - 7:30AM
UK Regulatory
RNS Number : 7256X
Armor Designs, Inc.
27 June 2008
Press Release 27 June 2008
Armor Designs, Inc.
("Armor Designs" or "the Company")
Directorate Change
Armor Designs Inc. (AIM:ADID, ADIS), the designer and manufacturer of composite armour products targeting numerous sectors, is pleased
to announce that David Seaton has been appointed to the Board with immediate effect as Chief Financial Officer. This is part of the
previously announced restructuring of the Board to ensure that the Company is best placed to implement the next phase of its growth
strategy.
David Seaton was appointed as interim CFO of the Company on 14 March 2008. David is an accountant by profession and was the former CEO
of ArmorGroup International plc, a protective security company based in London, prior to which he was the CFO for eight years. David also
held a number of senior finance positions within Schlumberger during his twelve year tenure including postings in Nigeria, France and
Russia. He is also a non executive director of Scansol Limited, The Mole Clinic (Networks) Limited and The Mole Clinic Limited.
Charles Snyder, CEO of Armor Designs, commented: "David has a wealth of experience in the defence sector as well as public company life
from his time spent at ArmorGroup International and we are delighted that David is joining the Board. His involvement in the Company since
March has been hugely beneficial, and we are pleased that as a member of the Board his contribution will further support the Company's
strategic development."
David John Seaton, aged 47, is, or has been within the last five years, a director or a partner of the following companies or
partnerships:
Current Directorships
Scansol Limited
The Mole Clinic (Networks) Limited
The Mole Clinic Limited
Past directorships held in last 5 years
ArmorGroup International plc
Defence Systems International Limited
Defence Systems Eurasia Limited
ArmorGroup Services Limited
ArmorGroup Limited
ArmorGroup (Worldwide) Limited
DSL Holdings Limited
ArmorGroup Finance Management Limited
ArmorGroup (UK) Limited
ArmorGroup Iraq Limited
Defence Systems Limited
Phoenix CP Limited
NYA International Limited
Other Disclosable Information
In line with information requiring disclosure under paragraph 2 (g) (v) of Schedule 2 of the AIM Rules, David Seaton was a director of
the following companies which were dissolved in the last five years.
The Stuffed Shirt Company Limited 12/12/2001
* Asmara Limited 17/02/2004
* CDR International Limited 22/08/2006
* DSL Integrated Systems Limited 17/02/2004
David Seaton was a director of The Stuffed Shirt Company Limited which was dissolved on 12 December 2001 with a loss to creditors of
approximately �100,000.
* David Seaton was a director of a number of companies which dissolved as a result of them being dormant companies, which were
subsidiaries of ArmorGroup International plc.
There are no other matters which are required to be announced with regard to this appointment under paragraph (g) of Schedule 2 of the
AIM Rules.
- Ends -
For further information, please contact:
Armor Designs, Inc.
Charles Snyder, CEO Tel: +1 602 275 4633
www.armordesigns.com
Zimmerman Adams International Limited
Graeme Thom / Charity Walmsley Tel: +44 (0) 20 7060 1760
graemet@zimmint.com www.zimmint.com
Alexander David Securities Limited
David Scott / Nick Bealer Tel: +44 (0) 20 7448 9800
david.scott@ad-securities.com www.ad-securities.com
Media enquiries:
Abchurch
Henry Harrison-Topham / Joanne Shears Tel: +44 (0) 20 7398 7709
joanne.shears@abchurch-group.com www.abchurch-group.com
Notes to Editors
Based in Phoenix, Arizona, Armor Designs specialises in the research, testing, development and commercialisation of composite armour
products.
Each of the products being developed by Armor Designs, in whole or in part, is based upon a generic synthetic manufacturing process
called volumetrically controlled manufacturing ("VCM"). The VCM process was originally developed by Dr. James St. Ville and involves the
creation of a computerised model into which can be inputted the specific tolerances and design constraints of a proposed product. The model
then adjusts the composition of the material until the required properties are achieved, through 3D design optimisation. The VCM process
gives Armor Designs the potential to rapidly develop new composite armour products which might consist of various materials, such as metals,
ceramics, resins and/or fibres, which in combination might share the same or better resistance to penetration as existing armour equivalents
but which are, potentially, lighter and more versatile.
The VCM technology is the subject of several US and international patents and patent applications, which are exclusively licensed to
Armor Designs' subsidiary, Armor Designs LLC, in the field of use of synthetic armour.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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