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SOURCE: Advanced Defense Technologies, Inc.
February 18, 2015 15:50 ET
Advanced Defense Technologies, Inc. (ADTI) Commences Implementation of Its Generation # 2 Phased Array Antenna Technology/Projects
ANAHEIM, CA--(Marketwired - Feb 18, 2015) - Advanced Defense Technologies, Inc. (OTC PINK: ADCF) announced today the Company has started its Generation # 2 Phased Array Antenna projects with the acquisition of expertise of Paramjit (Pete) Walia (former Northrop Grumman Manager) as Vice-President of Marketing and Operations and Jeffrey Leckich as the Company's Chief Financial Officer (CFO). "Their joining ADTI will definitely push the company (with key technologies) to a significant position as a major source of affordable advanced defense and commercial systems," says R.S. Tahim president of ADTI.
ADTI's Generation # 1 prototypes supported its patented and proprietary technologies/products for exceptionally lightweight, compact, wideband and cost effective Electronically Steered Antennas (ESAs) and Microwave Transceivers. ADTI's Generation # 2 projects leverage the Generation # 1 successes to accommodate specific Statements of Work (SOW), solicitations and the defense and commercial programs.
Pete Walia has extensive experience working in the aerospace industry for over 35 years and has recently retired from Northrop Grumman Corporation (NGC). Mr. Walia was an NGC Technical Fellow and acted as Principal Investigator (PI) and Program Manager (PM) for several advanced technology programs sponsored by Air Force Research Laboratory (AFRL), Navy, Army, Defense Advanced Research Project Agency (DARPA), and NGC. Mr. Walia played active roles in various air vehicle programs such as Joint Strike Fighter (JSF), Advanced Tactical Fighter (ATF-F22), F-20 Tiger Shark, unmanned air vehicles (UAVs) and other classified programs. Mr. Walia was member of IEEE and Co-Chairman of the SAE Power Systems Committee.
Jeffrey Leckich is a CPA and an expert in complex transaction structuring. Most recently, Mr. Leckich developed a fixed income equity security to connect the investment community with the end user of residential real estate. Before that Mr. Leckich's structured financial product efforts, he served concurrent positions for the largest local based Public Accounting firm in Southern California as the Partner-in-Charge of a transactional and accounting due-diligence group and an audit partner servicing SEC Registrants and privately held companies.
About Advanced Defense Technologies, Inc.
Advanced Defense Technologies, Inc. develops innovative system technologies for the military defense and homeland security industry. The Company's system design technology has been developed under several SBIR Programs with Government Agencies including the US military (USAF, ARMY, NAVY and MDA), NASA, DARPA and a prestigious defense contractor (Phillips Labs). For more information regarding ADTI go to: www.theadti.net
Safe Harbor Statement: This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Advanced Defense Technologies, Inc., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
CONTACT INFORMATION
For more information, please contact:
Advanced Defense Technologies, Inc.
Investor Relations
(714) 772-8274
Email Contact
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