Arotech to Reverted to the “ARTX” Symbol on Thursday

July 24, 2006

Arotech Corporation (NasdaqGM: ARTXD) announced today that its stock will resume trading under the issue symbol “ARTX” effective with the open of trading on Thursday, July 20, 2006.

Pursuant to the rules of the Nasdaq Stock Market, companies that effect certain corporate transactions, including a reverse stock split, add the fifth character “D” to their four-character issue symbols for a period of twenty business days following the effectiveness of the transaction. Arotech effected one-for-fourteen reverse stock split on Wednesday, June 21, 2006, and accordingly Arotech traded under the symbol “ARTXD” from June 21 until July 19, a period of twenty business days.Arotech’s Nasdaq issue symbol will therefore automatically revert back to ARTX beginning with the opening of trading tomorrow, Thursday, July 20, 2006.

About Arotech Corporation

Arotech Corporation is a leading provider of quality defense and security products for the military, law enforcement and homeland security markets, including multimedia interactive simulators/trainers, lightweight armoring and advanced zinc-air and lithium batteries and chargers. Arotech operates through three major business divisions: Armor, Simulation and Training and Battery and Power Systems.

Arotech is incorporated in Delaware, with corporate offices in Ann Arbor, Michigan, and research, development and production subsidiaries in Alabama, Michigan and Israel.

Except for the historical information herein, the matters discussed in this news release include forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, including the results of our restructuring program. Forward-looking statements reflect management’s current knowledge, assumptions, judgment and expectations regarding future performance or events. Although management believes that the expectations reflected in such statements are reasonable, readers are cautioned not to place undue reliance on these forward-looking statements, as they are subject to various risks and uncertainties that may cause actual results to vary materially. These risks and uncertainties include, but are not limited to, risks relating to: product and technology development; the uncertainty of the market for Arotech’s products; changing economic conditions; delay, cancellation or non-renewal, in whole or in part, of contracts or of purchase orders; dilution resulting from issuances of Arotech’s common stock upon conversion or payment of its outstanding convertible debt, which would be increasingly dilutive if and to the extent that the market price of Arotech’s stock decreases; and other risk factors detailed in Arotech’s most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2005, as amended, and other filings with the Securities and Exchange Commission. Arotech assumes no obligation to update the information in this release. Reference to the Company’s website above does not constitute incorporation of any of the information thereon into this press release.

Contact:Investor Relations
TTC Group
Victor Allgeier, 646-290-6400

Source: Arotech Corporation

Source:  Yahoo


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